Financial Services - Toronto, Ontario, Canada
IMS Limited Partnership, operating as Institutional Mortgage Servicing (IMS) was founded in 2009 and has evolved into a well-respected, commercial mortgage third-party servicer in the Canadian real estate market, currently servicing over $2.3 Billion in commercial loans. Together, Institutional Mortgage Servicing (IMS) and Institutional Mortgage Capital (IMC) have a proven and successful track record of sourcing and servicing a wide variety of commercial financing products for real estate owners and investors. Our servicing mandates include commercial first mortgages and mezzanine financing for retail, office, industrial, mix-use, hotels, retirement facilities, manufactured homes, self-storage facilities and multi-family properties. IMS performs all aspects of primary and special servicing throughout the mortgage lifecycle. Our technology infrastructure and processes allow us to manage virtually any kind and size of commercial or multi-family real estate portfolio. The IMS third-party service includes managing the end-to-end administration for all types of commercial lending structures, with deep expertise in commercial mortgage-backed securities (CMBS). We perform post-closing, renewal, payoff processing, property tax, insurance risk, escrow and reserve management, site inspections, operating statement reviews, delinquency collections, legal documentation and records management plus remitting and reporting to investors, shareholders, borrowers and regulators. We are headquartered in Toronto and licensed nationally as a mortgage broker and mortgage administrator. Our FSCO License numbers are IMC-11975 and IMS-11927 respectively.