Canadian Developers in the United States
The Canadian real estate market has been booming for several years now in most market areas of Canada. Many large developers in Canada also are active developers and investors in the States. Komenda Capital located in Vancouver, BC has several land development deals in Washington State and the Southwestern U.S. along with their development projects in British Columbia. One of their larger U.S. projects is the Centre Point Condominiums located in Bellingham, Washington. This is a 132 unit multi-phase project.
Mosaic Homes located in Vancouver, BC is a multifamily developer with several past multifamily projects thoughout the Greater Vancouver area. They are currently developing a 97 unit townhouse project called KEW in the Clayton area of Surrey. Mosaic also maintains a Seattle office and they have two multifamily projects currently under development in the Seattle area.
Pinnacle International is a high rise developer located in Vancouver, BC. They have build over 4,000 residential and hotel units. They have developed and currently manage over 1,000,000 square feet of industrial, office, and retail space. They develop high rises in Vancouver and also develop and have an office in Toronto. Pinnacle has an office in San Diego and currently has at least one high rise project in San Diego under developement.
WestStone Properties is a multifamily developer located in Abbotsford, BC. They have developed several multifamily developments across the lower mainland of British Columbia. They are currenlty leading the way into the Walley area of Surrey, BC, which has historically been a run-down area with crime and drug problems. They, and other developers, are attempting to turn this area around and several pre-sale projects have sold out in a day or two. WestStone is also an active developer in the Southwestern U.S., specifically Phoenix. They are reportedly the 3rd largest multifamily builder in Phoenix.
Deecorp Ventures is primarily a real estate investment firm investing in landmark buildings and potential redevelopment / value-added commercial buildings. Deecorp owns or has redeveloped several landmark commercial buildings in downtown Vancouver, BC. Deecorp is also an active investor in Texas, Colorado, California, and Arizona. Deecorp appears to specialize in working with foreign investors and specifically investing in landmark commercial buildings.
If anyone is selling an apartment building/complex located in the U.S. containing 200 units or more, we may be interested in buying.
www.SeriousApartmentBuyers.com
Posted by:We Buy Apartment Buildings | June 12, 2008 at 10:01 PM