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Canada  + Cross Border News  + Finance  | 
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People & Companies News for Week Ending August 2, 2024

  • Skyline Group of Companies in partnership with Kindle Communities, Guelph Community Health Centre and Stonehenge Therapeutic Community have opened a new 32-unit permanent supportive housing project in Guelph, Ont. The project partners, government and community members celebrated the opening with a ribbon-cutting ceremony attended by government officials, community members and other guests. Guelph-based Skyline donated the land for the project and provided ongoing expertise and other resources to help ensure its completion. Located at 10 Shelldale Crescent., the building provides around-the-clock access to staff member support and other services that meet residents’ needs. It will be managed by Kindle Communities with support from the Guelph Community Health Centre and Stonehenge Therapeutic Community. The new building is one of three projects within the local Home for Good campaign, launched in spring 2022 by the Guelph-Wellington Poverty Elimination Task Force, Guelph Community Foundation, and United Way Guelph-Wellington-Dufferin.
  • Elevator firm KJA has promoted Martin Ouimet to chief operating officer. Ouimet has been with the Toronto-based company for 17 years. He will oversee all aspects of KJA’s consulting operations, including new construction and modernization project supervision, maintenance management program supervision, business development, and client relations. He will also continue his role in national programs for major real estate and property management firms.
  • Kish Kapoor will step down as president of wealth management firm RF Capital on October 1. Kapoor is credited with leading the company’s transformation and implementing a new growth strategy. Operating under the Richardson Wealth brand, RF Capital has $37.1 billion of assets under administration, including real estate. Kapoor will continue to serve on the RF Capital and Richardson Financial boards. Dave Kelly will be promoted to president and CEO from his CFO post. Kelly joined CF Capital in January 2024. His career spans more than 25 years of progressively senior roles in the financial services industry. Prior to joining RF Capital, he was head of Gluskin Sheff, a prominent independent Canadian advisory firm. Before then, he spent 14 years in wealth management at Toronto-Dominion Bank, culminating in the role of senior vice-president and head of private wealth management and financial planning. Meanwhile, Tim Wilson has resigned as RF Capital’s CFO to become the CFO for an unidentified privately-owned bank and trust company.
  • QuadReal is hosting summer portrait sessions at its Oakridge Park development on Vancouver’s west side. Visitors can get their pictures taken from August 16-18 and September 1-2. The photograph sessions will benefit the BC Children’s Hospital Foundation. Oakridge Park is the new name for the former Oakridge shopping centre, which QuadReal and Westbank are redeveloping as part of a five-year project that includes an overhaul of the retail component and the construction of a number of multi-residential buildings. The project has sparked many new commercial real estate ventures, including multi-family developments, in the Oakridge neighbourhood.
  • Warrior Plumbing, an award-winning Indigenous plumbing and gas fitting company, is recruiting additional talent, particularly members of Indigenous groups. Based in North Vancouver, B.C., Warrior has doubled revenue and expanded its team to 30 people in the past two years, the company said. The company’s current projects include residential developments such as: Seymour Village, a Tsleil-Waututh Nation and Aquilini project in North Vancouver; Kwasen Village, a new residential community in Burnaby led by the Musqueam Nation, Tsleil-Waututh Nation, and Aquilini Developments; and the TWN Health Homes Initiative for housing renovations at the Tsleil-Waututh Nation. Warrior also provides plumbing and gas-fitting services to homeowners in the
    Greater Vancouver Area. People who are interested in working for Warrior can contact the company at  www.warriorplumbing.ca.
  • Vancouver-based Nicola Wealth Real Estate has expanded its investments team through four new hires: Michael Schulhof, Cameron Lyman, Ethan Scott and Ryan Rizzo. All of the newcomers are in the early stages of their commercial real estate careers. Schulhof has interned with PH&N Institutional and QuadReal; in addition, he operated his own property maintenance firm. Lyman has begun his first full-time role in the industry. He interned with Nicola and Colliers. Scott, who has been appointed as a senior analyst, previously served in the same role with Altus Group in Vancouver and worked as a summer intern for Hamilton Partners in Illinois. Rizzo previously held senior analyst positions with JLL, Cushman & Wakefield, and Hungerford Properties.
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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

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