Focused Approach
- Disciplined, rigorous execution, including structured transactions to mitigate risk.
- Data-led investment thesis where we believe supply and demand dynamics are attractive.
- Deep insights and expertise in our areas of investment.
About
Overview
Woodbourne is a Canadian real estate investment firm that combines an entrepreneurial culture with institutional processes and pedigree.
Woodbourne is a Canadian real estate investment firm and specialist in newly built, high quality, amenitized residential rental properties. In our 20-year history, we have been involved in over 100 projects across various sectors nationwide.
Operating Platforms
In addition to the residential rental sector, Woodbourne has a history of targeting niche sectors that exhibit strong operating fundamentals and have not yet attracted significant institutional capital.
Woodbourne has executed focused investment strategies in niche sectors such as manufactured housing, self-storage, and micro and small bay industrial.
Multifamily
Purpose-built rental apartments in major urban centers that lack rental housing.
Student Housing
Purpose-built student housing within walking distance of campuses.
Seniors’ Housing
Modern, highly amenitized private pay seniors’ homes.
Targeted Niche
Undercapitalized opportunities with attractive market dynamics, such as manufactured housing, self-storage, and industrial.
MISSION
As real estate investors and developers, we create value and places that positively impact people and communities.
VALUES
Our culture is our shared set of beliefs and values that underpin and drive our behaviours:
Excellence
We foster a high-performance environment where we hold ourselves accountable to deliver successful outcomes.
Entrepreneurship
We bring an agile, creative mindset with a bias to action.
Humility
We value results over recognition and are constantly striving to learn, grow and improve.
Integrity
We commit to the highest ethical standards, without compromise.
Teamwork
We unlock the diverse talents and perspectives of our team through high engagement, positive collaboration and mutual respect.
Investment Philosophy
Management Platform
- Dedicated specialist in residential management.
- U.S. best practices implemented in Canada.
- Programmatic investment platforms to invest in specific sectors.
Strategic Partnerships
- Long-term scalable relationships.
- Ability to leverage specialized expertise.
- Alignment between partners to create mutually beneficial outcomes.
Vision
To be an exceptional real estate investment firm. Woodbourne’s success is defined by the success of its investors, partners, employees, and the communities in which the firm invests.
History
2000
Firm Inception
Firm is founded by TJ Heyman in Boulder, Colorado.
2003
Canada
Woodbourne began investing in Canada.
2007
Private Equity Launch
Jake Herman joined, opened the Toronto office and co-founded the private equity real estate business.
2008
First Self-Storage Investment
Initial investment in the self-storage sector with a portfolio across British Columbia, Alberta, Saskatchewan, and Ontario.
2014
First Multifamily Development
Began construction on first multifamily development in Calgary, Alberta.
2015
Rhapsody Founded
Woodbourne principals founded Rhapsody Property Management Services in a joint venture with one of the largest property managers in the U.S. to bring U.S.-style, active property management to the Canadian residential sector and exclusively manage Woodbourne projects.
2021
First Small Bay Industrial Investment
Initial investment in the small-bay industrial sector with a portfolio in London, Ontario.
2023
Certified B Corporation
Woodbourne becomes a Certified B Corporation, joining a global community of businesses that meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and purpose.