Limestone exterior building

New Portfolio Company

We are pleased to announce a new portfolio company, Trebuchet Homes. Working with a local home builder for several years now, we wanted to take the knowledge and lessons we learned to create a new company, focused on the higher density luxury home building space. Trebuchet homes is part our larger vertical integration strategy to lower costs of building to our real estate fund investors. Creating Trebuchet Homes has been a long time coming, years ago had looked at a 26 home development deal, but ultimately passed on the offer. The lesson learned; pick your partners, battles and investors carefully. With this new company, we attempt to solve the problem home buyers have when they decide to move. They move for 3 main reasons, better quality homes, nicer neighborhoods, and larger space. By focusing on building architecturally significant town-homes and condominiums (infill) in established areas, we open ourselves to a wide audience, and expect to be a significant … Read more

Dark medieval city drawing

Entering Alberta’s New Dark Age?

Blown out of the water after 40 years, the Progressive Conservative (PC) party was tried, found guilty and hung from the neck until dead. Their atrocious track record of mismanaging opportunities and funds have come to an end. But is the devil you know better than the one you don’t? Is Alberta entering into a new dark age of NDP reign? Will Alberta default on a replay of Ontario’s early 90’s when NDP leader Bob Rae was in power? Most voters don’t recall out of province politics 20 plus years ago. When longtime NDP leader Bob Rae was elected in 1990, the Ontario Government was running a deficit of about $1.9 billion. The election premise was that the NDP was going to cut government spending, introduce California style unpaid holidays for government workers, cut health care spending, and increase taxes. Called the “Social Contract”, those massive cuts eliminated jobs, training programs, social & community programs, and increased taxation. … Read more