Portfolio

Alberta Multifamily Residential Infill Development

Strategy:

  • Purchase raw land or distressed/derelict property

  • Re-zone and develop purpose built rental accommodation with a focus on affordability and sustainability

  • Use construction financing and CMHC insured financing to facilitate highest a best use of debt for project

  • Utilize property management division to oversee and operate stabilized asset once complete.

    Exit: Refinance and Hold – 10 year minimum.

Alberta Multifamily Residential Value Add

Strategy:

  • Purchased below appraised and tax assessed value.

  • Value add strategy by renovating and re-renting at higher rental rates.

  • Reduced common expenses and provided utility expense recovery to maximize Net Operating Income.


Exit: Refinance at stabilization and hold.

Abbotsford Corporate Rental

Strategy: Purchase stratified condo units in growth areas with high demand for medium term rentals

  • Purchase stratified condo units in growth areas with high demand for medium term rentals

  • Furnish units with high quality furnishings

  • Provide common services such as cleaning

  • Develop relationships with placement companies and became a trusted vendor for housing temporary staff and corporate tenants.

  • Maximize cash flow by high rental projections than Long term rental

  • Minimize expenses compared to traditional AirBnB/Similar strategies

    Exit Plan: Heavy cash flow and time the sale of the asset. Typical hold 5-7 years.

Chilliwack Corporate Rental

Strategy: Purchase stratified condo units in growth areas with high demand for medium term rentals

  • Purchase stratified condo units in growth areas with high demand for medium term rentals

  • Furnish units with high quality furnishings

  • Provide common services such as cleaning

  • Develop relationships with placement companies and became a trusted vendor for housing temporary staff and corporate tenants.

  • Maximize cash flow by high rental projections than Long term rental

  • Minimize expenses compared to traditional AirBnB/Similar strategies

    Exit Plan: Heavy cash flow and time the sale of the asset. Typical hold 5-7 years.

Alberta Single Family Conversion to Legal Second Suite

Strategy:

  • Purchased distressed single family residential units in Edmonton AB and renovated entire interior with the addition of a legalized suite for Municipal Compliance and maximum appraisal value.

  • Each unit had a self contained unit upstairs and downstairs making shared accommodations higher quality.


Exit: Refinance into convention product at stabilization and hold.

Long term Hold Creative Exit – Indianapolis & Kansas City, United States

Strategy:

  • Purchase distressed housing largely under market value

  • Renovate with bridge capital or cash

  • Refinance into conventional product

  • Re-Sell on RTO/Land contract to qualified buyers on long term repayment schedules

  • Eliminate maintenance/ typical issues due to nature of the sale


Exit: High cash flow and hold until contract closed and value add realized.