Romspen

Office address: Suite 300, 162 Cumberland Street Toronto, Ontario M5R 3N5, Canada 
Website: www.romspen.com   
Year established: 1966 
Company type: Investment management 
Employees: 50+ 
Expertise: Commercial mortgage lending, mortgage investment fund, investor relations, loan administration, capital raising, and commercial real estate 
Parent company: N/A 
CEO and key people: Wesley Roitman, Managing General Partner 
Financing status: Private equity-backed 

Romspen Investment Corporation is a distinguished name in Canada's mortgage industry and stands out as a leader in real estate investing. The company oversees one of the country’s largest private mortgage funds and provides a range of commercial mortgage loans across Canada and the US. 

With over 50 years of experience, Romspen has established itself as a prominent industry player known for its innovative and solution-oriented approach. Catering to both investors and borrowers, Romspen has built a reputation for capital preservation and consistent long-term performance. 

History of Romspen 

Founded in 1966, Romspen has since evolved into one of Canada’s largest private commercial mortgage lenders. Its journey is marked by a commitment to providing stable risk-adjusted cash returns to investors through a blend of entrepreneurial spirit and diligent real estate investments.   

Romspen's history shows its ability to withstand market cycles. The company boasts 25 consecutive years of positive net investor returns. It also has $3.1 billion in aggregate assets under management, with an average annualized return of 7% for over 10 years. 

Products and Services of Romspen 

Romspen offers a diverse range of products and services, each tailored to meet the unique needs of their clients, including:   

• commercial mortgage loans:  diverse range of commercial mortgage loans across Canada and the US 

• investment management: simplified solutions for stable, consistent returns 

• borrower services: timely and secure capital deployment with a focus on innovative projects 

• diversified portfolio management: a diversified portfolio of commercial mortgage loans   

Culture at Romspen 

Romspen's culture is anchored by a team of industry professionals with an average tenure of over 17 years. This team, guided by founding principles, brings diverse experience across various disciplines. The company's key cultural elements include: 

• entrepreneurial orientation: encouraging innovative and forward-thinking approaches 

• team-based approach: promoting collaboration and collective success 

• personal investment in funds: demonstrating commitment with over $100 million invested by management   

About Romspen Managing General Partner Wesley Roitman 

Wesley Roitman began his tenure as managing general partner of Romspen in January 2004. He also serves as a trustee of Romspen Mortgage Investment Fund, overseeing its overall operation and performance. Roitman boasts decades of industry experience. He has served various senior leadership roles, including as general partner of St. Aubyn’s Partnership and executive vice-president and COO of Northern Financial. He also held the role of CFO at PSINet. 

Roitman holds a Bachelor of Science degree in Mathematics and Actuarial Science from the University of Toronto. He also serves on the board of directors of the Holland Bloorview Foundation. 

The Future at Romspen 

Romspen is poised to continue its trajectory of growth and innovation. With a solid foundation and a commitment to out-of-the-box thinking, the company is well-equipped to adapt to the evolving needs of the mortgage industry. This ensures long-term success and stability for its investors and clients.