Cameron Stephens Appoints Steve Cameron as President & Chief Executive Officer

Founder Scott Cameron transitions to Executive Chairman, remaining actively engaged in credit oversight and investor relationships as the firm enters its next phase of growth.

TORONTO--(BUSINESS WIRE)--Cameron Stephens Mortgage Capital Ltd. (CSMC) today announced the appointment of Steve Cameron as President & Chief Executive Officer, a change that reflects a carefully planned succession process that has been deliberate and patient for more than a decade. Scott Cameron, who co-founded the firm with George Frankfort in 2004 and built it into one of Canada's most respected commercial real estate investment platforms, transitions to the role of Executive Chairman, where he will remain actively engaged in credit oversight, investment committee leadership, and the firm's most important investor relationships.

When Scott Cameron and George Frankfort deployed the first $25 million of capital in 2004, they set out to build a Canadian commercial real estate lender defined by disciplined underwriting, consistent execution, and genuine partnership. Scott’s experience at MCAP, where he helped grow assets under management from $50 million to $12 billion, established a standard of rigour that he embedded at Cameron Stephens from day one. Over the next two decades, Cameron Stephens originated over $13.7 billion in committed loans, maintained consistently low levels of non‑performing assets, launched Cameron Stephens Equity Capital in 2021, and grew to just under $3.6 billion in assets under administration, more than doubling in size since 2021.

“What George and I set out to build in 2004 was a firm grounded in discipline, integrity, and genuine partnership. That commitment lives in everything this team does today. Steve has been at the heart of this firm’s growth for fifteen years, and watching him lead, I have every confidence in where Cameron Stephens is headed. I look forward to continuing to serve our investors and contributing to what comes next."
Scott Cameron, Executive Chairman & Co-Founder

Steve Cameron joined the firm in 2011 and has since become the operational and strategic force behind its most consequential period of growth. As President and Chief Operating Officer, he guided Cameron Stephens through a period of significant market complexity, expanding origination across Toronto, Calgary, Edmonton, Vancouver, and Halifax, deepening the firm’s relationships with Canada’s leading institutional investors, and building a leadership team defined by accountability, urgency, and a client-first culture. Under his strategic direction, assets under administration grew from approximately $1.5 billion to just under $3.6 billion.

As CEO, Steve will drive the firm's unified strategic vision across both Cameron Stephens Mortgage Capital and Cameron Stephens Equity Capital, two distinct but complementary platforms built to serve clients across the full capital stack. His mandate spans institutional capital markets, mortgage origination, and equity development, with an equally sharp focus on the talent and technology investments required to scale with discipline.

“Scott built something that is genuinely rare in this industry: a firm where culture, discipline, and trust are real. My responsibility is to carry that forward and build on it. We are operating in a more complex economic environment than we have seen in some time, and in that context, capital preservation is not just a principle, it is the lens through which every decision we make is filtered. We have an exceptional team, a strong and well-managed book, and meaningful momentum with our borrowers, investors, and partners. I am proud to lead this firm forward and excited about what we will accomplish together. Funny thing is, we are just getting started.”
Steve Cameron, Chief Executive Officer

The transition is part of a broader generational story at Cameron Stephens. Brandon Frankfort, son of co-founder George Frankfort, has been a long-standing contributor to the firm’s Investment Committee and formally joined the Board of Directors in 2024, where he plays an active role in capital advisory, fund raising, and long-term strategic direction. Together, Steve Cameron and Brandon Frankfort carry forward the founding partnership in the most meaningful sense: the same values, the same standards, and the same conviction about what this firm is built to be. With a proven CEO stepping forward, a next generation of founding-family leadership engaged at the board level, Cameron Stephens enters this next chapter from a position of uncommon strength.

About Cameron Stephens
Founded in 2004, Cameron Stephens is a leading Canadian real estate investment firm with $3.6 billion in assets under administration. The firm offers institutional and private investors strategic opportunities to invest in commercial real estate with consistent, risk-adjusted returns. Cameron Stephens Mortgage Capital (CSMC) provides innovative mortgage solutions for developers across Canada, while Cameron Stephens Equity Capital (CSEC) provides equity partnership opportunities for high-quality, strategically positioned developments across the country.

For more information, visit www.cameronstephens.com.

Cameron Stephens Mortgage Capital Ltd. is licensed as a mortgage brokerage (Lic #10769) and administrator (Lic # 11807) in Ontario.