Atrium Mortgage Investment Corporation announced that Jeffrey Sherman, chief financial officer, will be leaving the company effective January 1, 2018. The company appointed Jennifer Scoffield as chief financial officer, effective January 1, 2018. Jennifer Scoffield, CPA, CA, joined Atrium in September, 2015 and was promoted to VP Finance in December 2016. Since joining Atrium, she has worked closely with Mr. Sherman to prepare for the role of CFO and to ensure a smooth transition. Ms. Scoffield has extensive senior financial management experience with both public and private companies and was previously the CFO.
Atrium Mortgage Investment Corporation is a non-bank lender, which provides financing solutions to commercial real estate and development communities in urban centers in Canada. It provides residential and commercial mortgages that lend in urban centers in Canada. Its investment objectives are to preserve its shareholdersâ equity and provide its shareholders with stable and secure dividends from its investments in mortgage loans. It provides a range of lending, which includes land and development financing, construction and mezzanine financing, commercial term and bridge financing, and residential mortgages. It invests in various categories of mortgages, such as house and apartment, low-rise residential, construction, high-rise residential, mid-rise residential, commercial and condominium corporations. It has a range of property and loan types, including land for redevelopment, bridge and term financing, residential apartment buildings, industrial properties and retail properties.