Portfolio synopsis:
558 units under management since the Sunset group of companies were launched in March 2021:
• Strategies: Value add on existing assets and construction of multifamily apartment rentals
• Markets: BC, AB, NB, NS
• 470 existing units
• 71 units under development in BC
• 17 units under development in AB
511,000 sf of bare land in NB (planning phase)
Book value (Dec 2023): $72M
Targeted value after repositioning and construction: $121M
Sunset Track Record:
Acquisition strategy: all projects were syndicated
Percentage repayment to our investors: minimum 80% (for 18 projects / 35 buildings)
Time to return capital: Maximum 5 years (as early as 12 months)
Strategy: 100% of our projects are value add (through repositioning or construction)
18x CMHC financing applications since MLI Select program was launched (March 2022): all approved with maximum score of 100 points
One of the first in Canada to get Infrastructure Bank of Canada’s IRREE accreditation (Investor Ready Energy Efficiency)
Experts in energy saving and GHG reduction. All our projects are structured to achieve between 25 to 40% energy savings and 25 to 80% GHG reduction.
Sunset Projects
