Firm Capital Mortgage Investment Trust announces Geoffrey Bledin as a new independent Board of Trustee member

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[{"type":"text","content":"\n\n\n\nTSX Symbol FC.UN\n\n\nTORONTO, June 26 /CNW/ - Firm Capital Mortgage Investment Trust (the\n"Trust") (TSX FC.UN), today announced the appointment of Geoffrey Bledin as an\nadditional independent trustee to its Board of Trustees. From 1990 until his\nretirement in December 2007, Mr. Bledin held the position of President and\nChief Executive Officer and, most recently, the Vice Chairman of The Equitable\nTrust Company and its Toronto Stock Exchange listed parent, Equitable Group\nInc. Mr. Bledin, a chartered accountant by profession, is the Vice Chairman\nand a Member of the Board of Directors Mount Sinai Hospital in Toronto. Mr.\nBledin is also a past member of the board and past Chair of the investment\ncommittee of Baycrest Hospital.\n\n\nEli Dadouch, President & CEO of the Trust, stated, "we are pleased to\nannounce the appointment of Geoffrey Bledin as a member of the Board of\nTrustees. With experience as a chartered accountant and in running a publicly\nlisted financial institution, we believe that Geoffrey will bring added\nexperience to the Trust."\n\n\nABOUT THE TRUST\n\n\n---------------\n\n\nThe Trust, through its Mortgage Banker, Firm Capital Corporation, is a\nnon-bank lender providing residential and commercial short-term bridge and\nconventional real estate financing, including construction, mezzanine and\nequity investments. The Trust's investment objective is the preservation of\nUnitholders' equity, while providing Unitholders with a stable stream of\nmonthly distributions from investments. The Trust achieves its investment\nobjectives by pursuing a strategy of growth through investments in selected\nniche markets that are under-serviced by large lending institutions. Lending\nactivities to date continue to develop a diversified mortgage portfolio,\nproducing a stable return to Unitholders.\n\n\n","length":1917,"tagName":"div"}]

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