Western Wealth Capital
The right asset, located in the right place, at the right time — this is our precise focal point. We acquire multifamily rental properties and increase net operating income and valuation through an approach that has been successfully applied across our portfolio. We manage these assets, distribute resulting cash flow to investors and, when appropriate, divest. We are selective. We only focus on markets underpinned by the economic fundamentals of population, employment and GDP growth. Our entry point is when these demand drivers place long-term pressure on vacancy rates and rental pricing. To date, we have invested in the Phoenix and San Antonio markets. Our execution and results have formed strong relationships that give us access to some of the best multifamily investment opportunities in the American Southwest. We provide a clear blueprint for success. Our proven acquisition and operations strategy allows our team to make decisions and execute efficiently. Our experience has proven that setting out clear expectations not only creates a rewarding culture, but a nimble and entrepreneurial company emotionally vested in unlocking value, wherever it may present itself. We have been prudent in growing our team appropriately in line with our activity. Our corporate office is headquartered in North Vancouver, B.C. Our Phoenix-based operations team includes a director of acquisitions, asset managers and, through our strong working relationship with Shelton-Cook Real Estate Services and CAM Properties, approximately 160 staff actively managing our properties. We are also building out our team in Texas, a market we have recently entered.
Real Estate Specialization
| Multifamily |
Investment Type
| Equity syndication/Club Deal |
| Acquisition/Fee Simple |
Investment Style
| Core |
| Value-add |
Janet LePage
For the past decade, Janet has been focused on creating wealth through well-selected real estate investment. She has grown her precise business strategy from more than 50 residential transactions in Arizona to the purchase of multi-family buildings. Under Janet’s leadership, WWC has placed more than $260 million U.S. in private equity and acquired more than 40 multi-family properties, comprising 8,200 rental units, with a purchase value of $700 million. In 2017, Janet was named Entrepreneur of the Year (Real Estate/Construction/Pacific region) by Ernst & Young. In 2016, Janet was named one of Business in Vancouver’s Forty Under 40 and was awarded the Veuve Cliquot Canadian New Generation Award which recognizes young female entrepreneurs. She holds a Bachelor of Applied Science in Computer Science and Business Administration (Simon Fraser University) and a Project Management Professional designation.
David Steele
David is an entrepreneurial executive who has offered leading edge investment opportunities to thousands of individual investors in both Canada and the United States. From 1997-2001, David was CEO of International Properties Group Ltd. (IPG), a TSX-listed real estate company that purchased apartment buildings and converted them to condominiums. While at IPG, David developed and operated a wealth management division which helped thousands of individual investors acquire more than 85 projects and 7000 properties throughout North America. Those investment properties continue to generate passive investment income today. David has been actively involved in the growth of the Entrepreneurs Organization (EO), a nonprofit organization which now has over 7,500 members worldwide. In 1993-94, David served as EO’s International President. David has a Bachelor of Commerce degree with a major in finance from the University of Calgary.
Doug Mather
Doug has wide oversight of asset valuation, deal structure and financing, and overall company stewardship. He has served as both Vice President of Finance and Capital & Investments for Amacon Development Group, a leading Canadian real estate development and construction firm. While at Amacon, he placed $1.5 billion in new construction loans and long-term real estate loans, as well as structured numerous credits requiring syndicated financing participants. He has developed solid relationships with commercial real estate brokers in multiple geographic markets and analyzed property acquisitions across all product types. Doug has also served in several management roles with Canadian financial institutions. Doug holds an MBA in Finance (Dalhousie University).
John Rials
John has more than 25 years of experience in overseeing real estate operations for growth companies with a national footprint. John was previously Senior Managing Director of Real Estate Operations for Greystar Real Estate Partners (Greystar), the largest operator of rental apartments in the U.S. At Greystar, he oversaw the company’s Arizona, New Mexico and Nevada portfolio, which included 120 multi-family properties and 32,000 units. John led a large team with oversight of real estate, construction and capital projects, marketing, audit and compliance, client services and administration. Previous to Greystar, Rials was a contributor to the growth of Equity Residential (EQR) from 75,000 units to more than 225,000 units during his time there. John holds a BSBA in Finance from the University of Texas at Dallas.