Strategy Parameters
- Preservation of investors’ capital
- Pro-active focus on off-market acquisitions.
- Properties that will provide long-term appreciation.
- Strong covenant tenants.
- Demonstratable capital growth.
- Target IRR of 9% to 14%.
- Acquire properties that have inefficiencies in property management, leasing and asset management.
Investment Strategy: Core Plus Value-Add Hybrid
Core plus value-add hybrid investment strategy that will contain mid- to high-quality assets in primary and secondary markets. The assets may contain re-leasing and operational inefficiencies.
Preferred Target Rate: 5.5% cash-on-cash yield 11% debt repayment and cash-on-cash yield
Objective: Preservation of capital
A Core Plus Strategy is an approach that encompasses low to moderate risk with the potential for upside appreciation.
In a Core Plus Strategy, the main driver is the ability to secure properties that have stepped up leases allowing for income growth and act as an inflation hedge, or to acquire properties that have a 25% plus proportion of leases up for renewal (that are below market rents) within a 2-year to 3-year period. This strategy will allow for increases in net operating income that translate to increases in investment yields and acts as an inflation hedge.
Our strategy is to consolidate assets that have not been institutionalized, allowing for a 10-year sunset clause built on exiting the properties via a disposition to an institutional buyer.
Our strategy will also search for properties that have strong mid to long-term debt in place that is assumable in a rising interest rate environment.
INVESTMENT COMMITTEE
Oakview Capital Inc. uses a committee structure for investment due diligence and decision making. All committee members are co-investors.
Founder & Managing Partner
RYAN BARRESI
Chief Operating Officer
VICTORIA BLACKBURN
Managing Partner | Tenom Technologies, Alphi Capital, IT Managed Services
STEPHAN MAY
Stephan May is an executive, corporate director, and strategic advisor with extensive experience in corporate development, M&A, governance, and business operations. He currently serves as President of Tenom Technologies, an Alphi Capital portfolio company and growing IT Managed Services organization with more than 140 employees, where he is focused on building a scalable, people-first platform delivering secure and innovative technology solutions across Canada.
Prior to Tenom, Stephan served as Managing Partner at Welch Capital Partners, leading more than 100+ M&A and capital advisory engagements across technology, financial services, manufacturing, energy, and real estate sectors. Earlier in his career, he led corporate development initiatives at Fully Managed, helping scale the company from 15 to more than 140 employees through strategic partnerships and M&A activity.
Stephan has extensive board and governance experience, including serving as Chair of MSP Corp during its successful private equity sale in 2023. He currently serves on the board of Modo Yoga International, BlueMetric’s (TSX.V) board.
He holds an MBA from the University of Ottawa and an ICD.D designation from the Rotman School of Management.
Special Advisor | Retired Partner, Deloitte LLP
CARMAN JOYNT, FCPA, FCA
Carman headed the Real Estate Committee in Deloitte’s Ottawa office, as well as acting as audit and consulting partner for major real estate clients. He has experience in the preparation of prospectuses and offering memorandum for a real estate syndication company. Carman has held following governance positions: Director of Canadian Stebbins Engineering and Manufacturing Co Ltd., CPCS (infrastructure consulting company), past Chair of the Royal Canadian Mint, Governor of Algonquin College, Ottawa Hospital Foundation, Ottawa School of Art. Carman is a co-investor in Oakview Capital Inc. commercial real estate syndicated investments.
Managing Partner | Kelly Santini LLP
KELLY SAMPLE
Kelly has been the managing partner of Kelly Santini since 2007, giving her insight and extensive experience in managing a business and planning for the future. Kelly’s law practice focuses on business law and commercial real estate. She has represented clients in a broad cross section of industries, including construction, aviation, health care and sports and recreation. Kelly is a co-investor in Oakview Capital Inc. commercial real estate syndicated investments.
