Boardroom Capital
Our Story
Partners in Prosperity
Boardroom Capital (BC) was founded in 2018 in Vancouver, British Columbia. Boardroom Capital is a well-established real estate syndication firm that creates investment opportunities in Commercial Real Estate. Our main target area remains to invest in the British Columbia commercial real estate marketplace; however, we are rapidly growing and strategically look to acquire properties throughout Canada.
Our Focus:
Boardroom Capital’s primary focus remains to acquire strategic commercial real estate properties with the three main visions:
Acquire and hold income producing properties that produce steady positive cash flow for our partners and investors;
Acquire holding properties at lower capitalization rates for those properties that have immense redevelopment potential in the 1–5 year time horizon; and
Acquire properties that offer a value-add component of which we can jeopardize of said opportunity. We protect our investors through creative action and with the sole purpose of increasing the underlying asset’s value through strategic processes.
On a more limited capacity, we offer/consider strategic joint ventures opportunities and lending position on niche assets.
Asset Classes of Interest:
We explore and rapidly continue to acquire all types of commercial real estate asset classes (in no particular order):
Retail Strip and Retail Shopping Centres
Industrial Properties
Multifamily Residential Buildings
Office Properties
Deal Sizes:
Typical deal sizes range from $8,000,000 to $100,000,000 in total acquisition value. Nothing is too small or too large. However, Boardroom Capital is a formation of sophisticated individuals that run detailed analysis and have a great understanding of the commercial real estate landscape and are highly tuned into current market trends and transactions yet to be known to the marketplace.
Partners in Prosperity & Becoming a Boardroom Capital Member
Boardroom Capital has a strategic organizational model whereby the General Partners are the professionals who are vested with the responsibility of making decisions with the respect to the ventures that are required to be invested and the Limited Partners are the ones who have arranged and invested the capital for venture capital fund but are not really concerned about the daily maintenance and operation of the venture capital fund.
We constantly onboard and welcome partners who are high-net-worth individuals, families, professionals, and corporations who require alternative forms of sound investment streams of income.
Typical subscriptions we target are generally not less than $2,000,000 and Boardroom Capital is extremely strategic on whom we onboard as we must uphold the most sincere values.
Property Administration and Management
Our properties are all professional managed by quality third party management teams. Our internal administration team at Boardroom Capital is highly knowledgeable in commercial real estate with years of combined experience and are specifically in charge of executing the higher-level decision making required to ensure our assets are stabilized at peak performance with our partners.
Venture Portfolio
Partners. Visionaries.
Rainbow Plaza, Langley
HIGHLIGHTS:
•
Highly visible and easily accessible ± 54,475 SF retail building, strategically positioned on a large ± 3.27 Acre corner site with approximately 714 feet of frontage on Logan Avenue;
•
The proposed Surrey/Langley SkyTrain will extend 16 kilometres eastward from Surrey’s King George Station along Fraser Highway to 203 Street - just a 5 minute walk from the Subject Property and expected to complete and in service by late 2025;
•
Large parking lot with abundant spaces;
•
Immediate access to the Langley Centre Bus Loop and future access to the Expo Line Skytrain Extension;
•
Currently leased to 6 tenants;
•
Directly next to Cascades Casino and Convention Centre
Gorge Shopping Centre, Saanich, BC
PROPERTY HIGHLIGHTS
The Property is a an open-air
retail centre situated on 1.7 acres. Offering a complementary tenant mix, and anchored by Shoppers
Drug Mart, Dollarama, and BC Liquor, the Portfolio provides 32,279 SF of net rentable area. Located
in Saanich, this exceptionally well-tenanted Property provides potential future upside through
redevelopment. Highlight include:
Dominant Tenant Roster:
The Property is 82.1% occupied and anchored by strong national covenant tenants such as Shoppers
Drug Mart, Dollarama, and BC Liquor Store. The Property features outstanding tenant sales of $634
PSF for reporting tenants in 2017, and a robust Weighted Average Lease to Expiry (WALE) of 3.36
years.
Exceptional Location and Demographics:
The average income in Greater Victoria is $99,821, on par with the provincial average. With average
home prices less than half of the Vancouver average, Greater Victoria offers a lower cost of living
than mainland Vancouver, and features rising income and population figures which position the retail
market for significant growth in the coming years.
Significant Development to Surrounding Area:
Saanich has approved a $250 million development project in Nigel Valley, just 2.7km northeast of Gorge
Shopping Centre, seen as a ‘second downtown’ for the region, which will bring an additional 441 rental
units.
Redevelopment Potential
Gorge Shopping Centre is uniquely positioned to capitalize on the attractive demographics and strong
residential market through redevelopment to a mixed-use commercial/residential centre. The City of
Saanich is eager to see redevelopment and densification in what they call “Urban Villages”, one of which
Gorge Shopping Centre is a part, and they support intensification of residential uses with a goal of
achieving pedestrian-oriented areas.