WestUrban Capital Ltd. is an Exempt Market Dealer registered in British Columbia, Alberta, Saskatchewan and Manitoba, exclusively selling investments in WestUrban Developments Ltd. projects to prospectus-exempt investors. The company is part of the WestUrban Developments Group, which specializes in the development of purpose-built multi-family rental properties.
Sean Roy (CEO) and Terry Hoff (COO) launch WestUrban Developments Ltd. from Sean’s garage with the goal of redefining the housing construction industry. After securing seven land deals, they grow their team to seven and rent out their first office.
An ambitious five-year plan is established to sell 1000 doors across Western Canada. The first investors sign on and ground is broken on Nursery Heights, WestUrban Development Ltd.’s first development project.
The building is completed and sells immediately. Seven new projects launch across six different cities. The team grows to 100 and WestUrban Properties Management Ltd. is founded to ensure that WestUrban Developments Ltd. buildings are properly managed with excellence.
Covid-19 strikes. WestUrban Developments Ltd. deploys every cent of capital to scale and add critical housing in the communities that need it most. WestUrban Developments Ltd. grows by 200 percent and their first portfolio is sold.
WestUrban Developments Ltd. completes a second portfolio sale and a new head office in Campbell River is established to accommodate a team of over 150 employees. The company’s annual employee profit share program launches.
The team expands to 240 and three new offices open in Victoria, Nanaimo, and Courtenay. WestUrban Developments Ltd. completes 1,000 doors per the original five-year plan. Jenn Bogwald becomes CFO.
A new target is set for 1,500 doors. Amidst 10 interest hikes, WestUrban Developments Ltd. has its biggest year yet and launches a national expansion plan, as the company completes its third portfolio sale.
WestUrban Capital Ltd. is established to exclusively sell WestUrban Development Ltd.’s private investments in real estate developments to prospectus-exempt investors in Western Canada. WestUrban Developments Ltd. continues to be a leader in property development in Canada.
