# Pitch_deck_schema_warehoused_deals Response ## Technical Context - **Task Name**: pitch_deck_schema_warehoused_deals - **Workflow Run ID**: 33 - **Timestamp**: 2026-09-14T17:01:37.613Z ## Grounded Intelligence Data # Warehoused Deals / Seed Assets / Pipeline Investments ### Fund Status and Pipeline Context The Romspen Mortgage Investment Fund (the "Fund") is a mature, long-term operating fund that commenced operations on January 16, 2006 `[Page 9]`. As such, it is not currently undergoing an initial launch close requiring newly seeded or warehoused assets. However, the annual report details its existing active portfolio, controlled assets, and future pipeline strategy: * **No New Originations in 2024:** Due to liquidity constraints during most of 2024, the Fund conducted no new loan originations during the year `[Page 7]`. * **Pipeline Outlook:** The Fund entered 2025 with acceptable liquidity and anticipates selectively originating a moderate number of high-quality new loans through the balance of 2025, while remaining highly selective when choosing which projects and sponsors to finance `[Page 10, 13]`. * **Existing Commitments:** The Fund has ongoing capital commitments to borrowers with construction loan facilities, as well as capital needs for real estate assets currently being repositioned, completed, and prepared for disposition `[Page 10]`. --- ### Seeded and Controlled Real Estate Assets (Investments in Subsidiaries) The Fund holds a significant portfolio of controlled subsidiaries that acquire control of properties through enforcement/foreclosure. These are held with the goal of completing development and disposing of the properties to maximize investor returns `[Page 12]`. As of December 31, 2024, these direct investments (before fair value adjustments of $(27,016) thousand) include `[Page 12]`: | Name | Ownership % | Description | Location | Value (Dec. 31, 2024) ($ in thousands) | | :--- | :--- | :--- | :--- | :--- | | **Guild** | 100% | Office complex | CA | $27,303 | | **Aspen Lakes** | 100% | Residential development | CA | $2,916 | | **Almonte** | 50% | Retail plaza | CA | $6,026 | | **Liberty Ridge** | 100% | Residential subdivision | CA | $68,808 | | **Planetwide** | 100% | Land for residential development | CA | $4,808 | | **Royal Oaks** | 100% | Residential subdivision | CA | $17,108 | | **Haldimand** | 100% | Landfill | CA | $30,194 | | **High Street** | 100% | Commercial/residential | CA | $19,046 | | **Egreen** | 100% | Land for Industrial development | CA | $3,917 | | **Carolina Golf** | 100% | Golf courses | US | $12,229 | | **LE Ranch** | 100% | Residential | US | $19,019 | | **Big Nob** | 100% | Land for residential development | CA | $3,372 | | **Midland** | 100% | Land for residential development | CA | $5,527 | | **Langford Lake** | 100% | Land for residential development | CA | $46,636 | | **Ponderosa** | 80% | Land for residential development | CA | $33,074 | | **Drought** | 100% | Land for residential development | CA | $11,676 | | **Northern Premier** | 100% | Land for Industrial development | CA | $10,333 | | **Southpoint Landing** | 100% | Residential | CA | $1,472 | | **RIC Hampton Inc.** | 100% | Commercial | CA | $8,920 | | **Environmaster** | 100% | Environment and recycling | CA | $23,993 | | **Kawartha Downs** | 100% | Leisure and entertainment | CA | $30,275 | | **Nisku** | 100% | Industrial predevelopment | CA | $19,075 | | **St Catherine** | 100% | Vacant land | CA | $21,927 | | **St Joseph Blvd** | 100% | Condo development | CA | $35,721 |