Investment
Opportunities
WestUrban does business differently
Real Estate Development that Exceeds Expectations
We’re out to redefine property development in Canada, one exceptional building at a time. We’ve accomplished a lot in only four years. And we’re just getting started.
We cater to all types of investors, including individuals, couples, families, corporations, from all walks of life. Regardless of your financial goals or investment objectives, we’re confident we can meet your needs with our portfolio of diverse real estate opportunities across Canada, including multi-purpose rental buildings, condominiums, and high-end town-homes.
> 13 Completed Projects
> 10 projects sold to major Canadian REITS:
- • 49.9% average investor return
- • 26.13% average annualized investor return
- • Average duration of investor’s capital was under 2 year
> Over $675M in project funding raised:
- • $103M of equity
- • $572M of financing
> Currently have 10 construction teams
> 200+ employees and growing
> Over 3,000 units in our pipeline throughout Canada
Experience
We build sustainable projects that meet long-term objectives.
Quality Construction
High-quality craftsmanship for large-scale residential building projects.
Integrity
We build communities and homes, with integrity.
Professionalism
We work closely with developers, clients and stakeholders to provide reliable results.
Special Investment Opportunity
Joint Venture
This high-level overview outlines how investors engage in a joint venture with WestUrban.
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A Limited Partnership Agreement (LPA) is formed between the General Partner (WestUrban) and potential investors for a specific project
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Investors become Limited Partners (LPs) by investing equity into the project, up to the required 20% of construction costs
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If land is brought into an LPA, the land value is treated as equity and is based on a third-party appraisal
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As the General Partner, WestUrban leads and manages the Limited Partnership and constructs the project, to hold the buildings for rent or sale after construction is complete
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WestUrban controls project decisions
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LPs are not involved in the day-to-day running of the project while under construction
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LPs are paid original investment on long-term debt financing or on the sale of the project.
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Profits with list are paid out on the sale of a project
Joint Venture Investment Scenario
Joint venture investors get higher returns
This scenario outlines the structure of a joint venture project. Actual returns on a joint venture would be confirmed through an LPA.
Example
Project construction costs are approximately $20 million. Project equity required is 20% of construction costs, or $4 million.
If an LP invests the full 20%,
they receive 50% of the net profits. The return of net profits is approximately double the initial 20% invested.
An LP gets their full investment back
when the project is complete and long-term debt financing is secured or the development is sold, whichever comes sooner.
If the project is held and rented
, LPs are paid 50% of the net cash flow quarterly.
If the project is sold
, LPs are paid 50% of the net profit.
Upcoming Projects
UPCOMING PROJECTS
Nanaimo | 1300 Junction Ave
213 Rental Suites | Completion Q3/Q4 2023
View PDF
maple ridge | 21783 lougheed hwy
121 Rental suites | Construction starts Q4 2022
View PDF
kelowna | 155 bryden rd
192 Rental suites | Construction starts Q4 2022
View PDF | View Presentation
UPCOMING PROJECTS
Nanaimo | 550 Brechin RD
87 Rental suites | Completion Q3/Q4 2022
View PDF
Salmon Arm | 1260 10th Ave SW
Campbell River | 854 S Island Hwy
70 Rental suites | Completion Q3/Q4 2023
View PDF
Campbell River | 1508 - 1518 Vanstone Rd
55 Oceanfront condos | Construction starts Q4 2022
View PDF
Duncan |107 Evans St
Abbotsford | 2673 Trinity st
90 Rental suites | Construction starts Q4 2022
View PDF | View Presentation
Campbell River | 2221 Dalton Rd
60 Rental suites | Completion Q3/Q4 2023
View PDF
Sooke | 6645 Sooke Rd
161 Rental suites | Construction starts Q1/Q2 2023
View PDF | View Presentation
Esquimalt | 1310 Saunders St
Sooke | 6647 Sooke Rd
79 Rental suites | Construction starts Q1/Q2 2023
View PDF
Cochrane | 500 River Heights Dr
Vernon | 3910 Alexis Park Dr
213 Rental suites | Construction starts Q3/Q4 2022
View PDF
Calgary | 2804 - 2836 37th St SW
176 Rental suites | Construction startss Q3/Q4 2022
View PDF
Winnipeg | 570-590 Ballantrea Dr
Completed Projects
COMPLETED PROJECTS
Arbutus
Nanaimo | 5085 Uplands Dr
The Arbutus development, located in a beautiful neighbourhood in Nanaimo, offered 59 apartment units for rent.
Completed 2019
COMPLETED PROJECTS
Nursery Hill
Victoria | 301 Nursery Hill Dr
This development project in beautiful Victoria included 65 modern apartment units and seven contemporary townhouses.
Completed 2019
Orchard Walk
Kelowna | 3641 + 3651 Elliott Rd
Located in West Kelowna, this apartment development included two 4-storey buildings, with a total of 140 rental units.
Completed 2020
Sandscapes
Parksville | 119 + 155 Moilliet St
This development in the heart of beautiful Parksville included 74 apartment units for rent, and 16 market townhomes.
Completed 2020
Southpoint
Campbell River | 2338 South Island Hwy
This apartment complex in the popular Willow Point area of Campbell River included 70 residential units.
Completed 2020
Watermark
Campbell River | 2036 South Island Hwy
This apartment complex in the Willow Point area of Campbell River included 51 residential units.
Completed 2020
Northyards I
Squamish | 39666 Government Rd
40 residential suites and commercial space
Held and Property Managed
Magdalena
Duncan | 6387 Green Rd
64 residential suites
Held and Property Managed
Riverside Lane
Courtenay | Cliffe Ave
94 residential suites
Completed 2021
The Residences at The BLVD
Courtenay | 621 Crown Isle Blvd
56 residential suites
Completed 2021
Eyuhwum
Duncan/300 Government St
96 residential suites
Cascades
Nanaimo | Ledgerwood
120 residential suites
Twillingate Homes
Campbell River | Twillingate Rd
5 market houses
Our Investment Process
Investment Opportunities
Meet with us to hear the latest investment opportunities.
> Limited Partnership (LP) Review
- Review Limited Partnership Agreement to understand your rights and responsibilities as an investor. Sign a Non-Disclosure Agreement, and we will provide project financial information.
> Move Forward
- Share your investor details with WestUrban and our lawyer to satisfy BC Securities legal requirements.
Choose which project and how much you want to invest.
> Over $675M in project funding raised:
- Legal documents provided by WestUrban’s lawyer for signature. We’ll send you instructions on wiring fund to the LP bank account provided.
> Contribute Your Capital
- Investment will be held in trust by WestUrban’s lawyer.
Welcome to the LP
Upon review of all documents, you will be accepted into the Limited Partnership.
> Investor Records
- Final signed documents and digital copy of unit certificate provided to you.
> Quarterly Updates
- Once construction begins, quarterly operational updates will be sent.
> Annual Financial Reviews
- An annual review will be conducted by 3rd party accountants and shared with investors.
> Return of Investment*
- Your capital will be returned when the building is rented up and mortgaged, typically within 18 months. You will continue to earn profits quarterly on net income and have a carried interest of the completed project.
> Invest Again
- Talk to us about your next investment opportunity!
Your Return on Investment
Early investors get preferred returns
The “waterfall” of profits comes from the Limited Partnership
structure created for each building project.
1. Preferred Returns
Investors that put funds in when we purchase land can earn a “Preferred Return”, currently at 8%.
2. Investor’s capital is returned
After construction is completed, long-term mortgage is put in place or the building is sold.
3. Profit is distributed
Profit is distributed each quarter after building is completed and being rented.
LAND OWNER PROGRAM
Additional Opportunity for Landowners
Let us develop your land so you can get a higher return. If you own land in a highly-desirable area, we can help you develop it and make a higher return, compared to just selling your land for market price
We’ll work with you and a mutually agreed upon third party appraiser to assess the value of your land, and you’ll get cash back for its market value as well as added returns when the building is occupied and/or sold.
Leadership team
Sean Roy MCP, MCIP, RPP
President and Chief Executive Officer
Over the last 20 years, Sean has developed over 9,000 apartment units, multiple large-scale commercial developments, and over 500 single family homes across Western Canada. He has led teams of over 300 employees, and built over a billion dollars of hard assets for rental companies.
Terry Hoff
Chief Operating Officer
Terry oversees all WestUrban operations and works closely with our team. He brings over 37 years of management experience in the pulp and paper and oil and gas industries. He focuses on delivering our products safely and efficiently, and developing stakeholder relationships.
Raj Wirk
Managing Director of WestUrban Capital Management
Prior to joining WestUrban Capital, Raj led the Vancouver Island Commercial Banking team for Coast Capital Savings Credit Union. This included their Commercial Real Estate platform, which specialized in the full range of residential and commercial construction and term financing, as well as their Business Banking platform, which specialized in financing a diversified range of operating businesses. Raj has held senior level positions in banking for over 15 years, previously with Royal Bank of Canada in Toronto, and Bank of Montreal and HSBC in Vancouver.
Contact
Interested in Investing?
Call our leadership team today!
Sean Roy
250 202 6911
Terry Hoff
250 202 2129
Raj Wirk
250 812 5057
Our Office Location
111-2036 South Island Hwy, Campbell River, BC Canada V9W 0E8
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