Skip to content

Woodfine Corporate

The corporate record for Woodfine Capital Projects Inc., developer and promoter of direct-hold commercial real estate. Articles explain the company, its investment vehicles, the financial model, governance, and risk, in plain language. Forward-looking statements carry planned, intended, or target language throughout.

Narrow bank financial model

← All revisions

aeb011e7 · Woodfine Capital Projects Inc. ·

fix(compliance): correct unqualified 'freely transferable'/'actively offering' claim across 5 corporate-wiki files per Command's systemic finding — only Canada vehicle established, currently under active BCSC cease-trade order; US/Spain/Mexico planned

View the full record as of this revision →

@@ -18,7 +18,18 @@ paired_with: narrow-bank-financial-model.es.md
cites: []
---

The **Narrow Bank Financial Model** is the financing discipline that governs how Woodfine Management Corp.'s [[direct-hold-solutions-structural-comparison|Direct-Hold Solutions]] deploy capital and issue debt. The model operates in two sequential phases: an initial equity-funded construction phase that requires no pre-leasing and no external construction loans, followed by a debt issuance phase in which the stabilized investment vehicle issues its own [[debt-service-and-financing-structure|First Secured Mortgage Debentures]] collateralized directly by the completed physical buildings.
The **Narrow Bank Financial Model** is the financing discipline that governs how the [[direct-hold-solutions-structural-comparison|Direct-Hold Solutions]] deploy capital and issue debt. The model operates in two sequential phases: an initial equity-funded construction phase that requires no pre-leasing and no external construction loans, followed by a debt issuance phase in which the stabilized investment vehicle issues its own [[debt-service-and-financing-structure|First Secured Mortgage Debentures]] collateralized directly by the completed physical buildings.

**Correction (2026-08-04):** two issues. (1) The lead previously read "Woodfine
Management Corp.'s Direct-Hold Solutions" — MCorp is not the general partner,
administrator, or owner of any Direct-Hold Solution (it is a narrow WCP subsidiary
that hires consultants and performs delegated tasks); the possessive was removed.
(2) The "Freely Transferable" claim further below describes the Direct-Hold
Solutions' structural design as a class. Only the Canada vehicle (Woodfine
Professional Centres Limited Partnership) is currently established; it is currently
subject to an active BCSC cease-trade order, under which units are not currently
freely transferable. The United States, Spain, and Mexico vehicles are planned, not
yet established. **Flagged, not silently rewritten.**

## Ring-fenced liabilities

Important Information

Important Information

Securities offering. Woodfine Capital Projects Inc. ("Woodfine") sponsors real-property direct-hold solutions. Interests in those solutions are offered only to investors who qualify under an applicable prospectus exemption — including the accredited-investor exemption under National Instrument 45-106 — Prospectus Exemptions, and equivalent exemptions in other applicable jurisdictions. Content on this wiki is provided for general informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any security. Any offering is made exclusively by means of the applicable Private Placement Memorandum, which prospective investors should review, together with their own professional advisors, before investing.

Scope. This wiki describes Woodfine's research methodology, geographic data platform, and related activities at a high level and is qualified in its entirety by the applicable Private Placement Memorandum and the governing documents of the relevant issuer.

Risk. Investment in real-property direct-hold solutions involves significant risk, including possible loss of capital. Past performance is not indicative of future results. References to structural features such as advisory fees, transferability, and net asset value methodology describe the contractual terms of the direct-hold solutions and are not representations as to investment outcomes or returns.

Forward-looking statements. Statements that are not historical facts may constitute forward-looking information within the meaning of applicable Canadian securities laws. Such statements are subject to known and unknown risks, uncertainties and assumptions, and actual results may differ materially. Woodfine undertakes no obligation to update such statements except as required by law.

Registration. Registrable activities of Woodfine and its affiliates are conducted, where required, under the applicable registration categories prescribed by the British Columbia Securities Commission and other Canadian securities regulators. Specific registration details are available on request.

Jurisdiction. Woodfine Capital Projects Inc. is organized in British Columbia, Canada. References to the Sovereign Data Foundation on this wiki describe a planned or intended initiative only, not a current equity holder or active governance body.

Trademarks. The full trademark notice appears in the footer of every page on this site.

Content licence. The text of this wiki is licensed under Creative Commons Attribution-NoDerivatives 4.0 International (CC BY-ND 4.0). Readers may quote this content verbatim, with attribution to Woodfine Capital Projects Inc. Readers may not alter, transform, or redistribute a modified version of this content.

Changes to this notice. Woodfine may update this notice from time to time; the version posted on this page governs.

Not a filing system. This wiki is not a securities filing system, an electronic disclosure repository, or a substitute for SEDAR+ or any other regulatory filing system. Formal securities filings are made through the applicable regulatory filing system, not through this wiki.

Full disclaimer. This notice supplements, and does not replace, the full Disclaimers article. In the event of any conflict, the full Disclaimers article governs.

Read the full disclaimer →