The Alitis Private REIT offers access to high-quality private real estate in one well-diversified solution and is designed and managed differently from other private and public REITs in Canada. In order to maximize risk-adjusted returns through various real estate market cycles, we specifically use three strategies – Income Producing, Renovation and Development – that contribute to income and capital appreciation. The investment objective of the Alitis Private REIT is to generate a moderate level of income and tax-efficient capital appreciation over the long-term.
The Alitis Private REIT offers value creation by providing equity financing for the development of multi-family residential projects with experienced project partners working in areas of high demand across Canada. These development projects have provided a base of returns that has set it apart from others in the public and private sectors. Most of the projects we invest in remain in the REIT as income producing rental properties while some are divested leaving the Alitis Private REIT with solid development returns and the capital to invest in new and diverse projects.
- Newly constructed modern pet-friendly apartments generally located in secondary markets.
Properties generally offer amenities including gym, business center, games room and an outdoor patio as well as private balconies and in-suite laundry.
- Repositioning the properties through heavy value-add upgrades to the common areas (lobby, elevator, exterior etc.) as well as in-suite remodeling, generating a significant uplift in rents.
- Alitis partners with trusted and experienced developers to create desirable multifamily income producing properties, as well as, for-sale condo and townhouse projects.
Development risk is reduced by mitigating entitlement (zoning & development permits) timeframes and establishing fixed price construction contracts where possible.
Target Asset Mix
Sample of Projects
Alitis Private REIT Documents