Our Team
An experienced and dedicated group of professionals with skin in the game.
We want you to know exactly how committed we are to the success of this Fund. Our team has over $16 million of our own cash invested. We’ve got skin in the game and that’s how our investors are assured that we are making decisions that maximize our potential returns.
Our Promise
- Directors or management do not receive profits before principal is returned to investors.
- Absolutely no property markups (“lifts”) on properties acquired for the portfolio - lowest possible acquisition prices for investors.
- Complete transparency: Annual audited financial statements and independent property appraisals available to investors.
Fund Management
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Arthur Wong, B.Sc., P.Eng.
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Mr. Wong is President, Chief Executive Officer, and a Director of the General Partner. He is also the Managing Director of Japhda Limited Partnership, a privately owned entity investing in various forms of real estate in Canada and the United States. He was a co- founder of Genesis Land Development Corp. ("Genesis"), an Alberta-based real estate development company that is publicly traded on the TSX. Between 1992 through 1997, various predecessor companies of Genesis sold undivided interests in fifteen parcels of land, raising approximately $43,000,000 from the sale of over 2,000 undivided interests. As a result, Genesis acquired over 4,400 acres of residential development land in 11 different parcels and developed and sold approximately 3,000 single-family lots, built approximately 300 residential homes, and is currently developing several commercial centers. Mr. Wong served as a senior executive officer and director of Genesis from its inception in 1992 until April 2008.
Mr. Wong is a professional engineer (Alberta) and holds a Bachelor of Science degree (Mechanical Engineering – Cooperative Program) from the University of Alberta.
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Grant Sardachuk, B. Comm., MBA
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Mr. Sardachuk is Managing Director U.S. Operations, Director of the General Partner, and currently the Managing Partner of Wild Rose Investments, LLLP, a privately owned real estate merchant bank based in Scottsdale, Arizona, and a Managing Partner of Centurion Holdings Ltd., a Calgary, Canada-based family-owned real estate merchant banking company, both positions he has held since 1994. He is also a member of the Fund's Investment Committee, responsible for reviewing, analyzing, and recommending property acquisition and dispositions to the Fund's trustees and board of directors of the General Partner.
From 1986 to 1994, Mr. Sardachuk successively held several senior executive positions in various publicly held subsidiaries of Brascan Corporation (now known as Brookfield Asset Management Inc.), a multi-billion dollar Toronto, Canada-based investment company and merchant bank. During his tenure, he served in senior executive capacities in several Brookfield subsidiaries, including Hees International Bancorp Inc. (Managing Partner – Real Estate), Carena Development Ltd. (a real estate merchant banking and investment company), BCE Development Corporation, Brookfield Development Corporation, and Coscan Development Corporation. These corporations were majority-owned or controlled by Brookfield and were largely involved in merchant banking, real estate investment and development, and financial services. From 1983 to 1986, Mr. Sardachuk was employed by Citibank Canada in its Resource Banking Group, a corporate finance arm of Citibank serving the natural resource industries.
Wild Rose Investments, LLLP and its affiliated Canadian company, Centurion Holdings, are and have been involved in numerous operating businesses and investments, with a particular emphasis on the real estate industry. Mr. Sardachuk has taken an active role in several investee companies, both as a member of the board of directors and as a consultant or interim executive.
During the tenure of his career, Mr. Sardachuk has been directly involved in real estate financing and investment transactions amounting to over $1.5 billion, including debt restructurings and property acquisitions of over $500 million. Additionally, he has been involved in various non-real estate corporate/partnership financings (both debt and equity), in excess of $500 million. Mr. Sardachuk holds a Bachelor of Commerce degree from the University of Calgary and a Master’s degree in business administration from New Mexico State University
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Francois Le Bel, Eng., M.Sc
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Francois has more than 20 years of experience in business development and sales in sectors ranging from privatization of public infrastructure to digital security for telecommunications and banking applications. Augmenting his extensive sales and business development experience with a Master's degree in Civil Engineering, Francois brings a balance between high level customer service and an analytical approach to providing client solutions.
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Jeffery H. Larson, B.A., LL.B.
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Mr. Larson, the Managing Director – Business Development and a Director of the General Partner is currently counsel with Rogers and Company, where he leads led the real estate department of the firm’s office, including acting as Calgary counsel for Canada's largest land developer and home builder. He has nearly 20 years of experience as a commercial real estate lawyer in Alberta and was involved for eight years in senior management with one of Alberta's largest land development companies, with responsibilities that included strategic planning, multi-million dollar property acquisitions and divestitures, complex development financings, and real estate-based equity financing.
Previously, Mr. Larson holds a Bachelor of arts degree from the University of Calgary, a Bachelor of Laws degree from the University of Saskatchewan, and is a member of the Law Society of Alberta.
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Blake Lyon, B. Admin., C.A.
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Mr. Lyon is currently President and CEO of Werklund Capital Corp. He joined the Board of Directors of the General Partner and is a member of the Fund's Investment Committee concurrently with Werklund's investment in the Fund. Mr. Lyon joined Werklund Capital in Feb. 2005 and became President/CEO in Oct 2009. His career has been spent assisting high-net worth family offices with all aspects of their portfolios. He began his career at Deloitte and Touche, where he received his Chartered Accountancy in 1993. He then moved onto Brascan Corporation (now Brookfield Asset Management), where he spent five years rising to the position of CFO before becoming President of Epstein Enterprises, a diverse family holding company. Mr. Lyon recently created Livia Capital Management, an asset management and advising company.
Mr. Lyon has a Bachelor of Administrative Studies degree from York University in Toronto, Ontario.
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William DeJong, B.A., LLB. MBA
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Mr. DeJong is a partner with Fraser Milner Casgrain LLP, a national Canadian law firm, and a Trustee of the Fund. Prior thereto, he was the President of Diversified Value Inc., a private company specializing in merchant banking, strategic planning, financial engineering, and direct investment. From 1987 to 2001, Mr. DeJong was a Partner and a Managing Partner of Ballem MacInnes (now Gowling LaFleur Henderson LLP), specializing in the areas of securities and corporate finance. He has over 26 years of experience in advising emerging companies on corporate structure, strategic, and corporate finance matters. Mr. DeJong has been a director of numerous public companies listed on the TSX, TSX Venture Exchange, and American Stock Exchange.
Mr. DeJong holds a bachelor of arts degree from the University of Calgary, a Bachelor of Laws degree from the University of Victoria, a Master’s degree in business administration from the International University of Monaco, and he is a member of the Law Society of Alberta.
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Eugene Chen, B.Sc., LLB.
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Mr. Chen is a Partner in the securities, corporate finance, and mergers and acquisitions group with Gowling LaFleur Henderson LLP, a national Canadian law firm and Trustee of the Fund. From July 2005 to March 2010, he was an associate and then a Partner with Fraser Milner Casgrain LLP.
He has over 15 years of experience in advising emerging and growth-oriented companies on corporate finance, mergers and acquisitions, and securities matters. Mr. Chen has acted for numerous real estate-focused issuers involved in using equity capital for project development and provided advice on corporate and transactional structure, capital financing, and corporate governance. He has been a director and/or officer of numerous public and private companies. Mr. Chen holds a Bachelor of Science degree from the University of Alberta, a Bachelor of Laws degree from the University of British Columbia, and is a member of the Law Society of Alberta.
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Daniel H. Silvester, B. Comm., C.A.
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Mr. Silvester is Senior Business Advisor to the Fund. He is a Chartered Accountant and real estate advisor with over 28 years of experience in all areas of real estate, including strategic planning, special projects, acquisitions and dispositions, leasing, operations, and financing. Mr. Silvester has been a senior executive with two major public North American real estate companies, Trizec Corporation and Markborough Properties Inc., and most recently was employed by Brookfield Financial Real Estate Group. He has served as an advisor to some of North America's largest real estate and financial companies, including Great West Life, Bank of Montreal, Brookfield Development Corporation, Genesis Land Development Ltd., TransCanada Corporation, and Bentall Properties.
Over the course of his involvement in the real estate sector, Mr. Silvester has been directly involved in real estate acquisitions and dispositions throughout Canada and the United States totaling approximately $1 billion, including properties such as office buildings, regional shopping centers, industrial complexes, and apartment portfolios. Furthermore, he has been a director of a publicly traded real estate development company and a partner in a private land development company and house builder.
Mr. Silvester holds a Bachelor of Commerce (with distinction) degree from the University of Saskatchewan and is a member of the Institute of Chartered Accountants.