TRIVIRTUS

A Tenant Driven Approach To Attractive Returns

4% Targeted Cash Distribution
12% Targeted Annual Return
20%+ Management's Historical Annual Return
Past performance may not be repeated

Attractive Assets

Seeking a portfolio of nationally branded real estate located along major commerical corridors in a wide variety of Canadian communities. Proven to have limited cyclicality and lower volatility than the stock market.

Experienced Team

Access to deal flow from extensive network. Preferred developer status with several national brands with an ability to bid and acquire assets "off-market." Ground floor opportunity with a new fund from an experienced & distinguished team.

Strong Track Record

IRR of 20%+ for principles of Sovereign Asset Management. Growth in the NOI and rental footprint of 40%+ since 2012. 1% quarterly return plus a year-end top up. Targetted IRR of 12%.

Adding Value Through Repositioning

The TriVirtus fund will focus on purchasing and repositioning under-performing retail assets by adding value through a combination of increased rental revenue, filling vacancy, and developing residual land. Asset value will be enhanced with the addition of stronger tenants at higher lease rates.

Experienced Team

Daniel McClure
Executive Chairman
Charles Dyer
CEO & Founder
Roger Ferreira
CDO & Founder

Daniel McClure

Dan is a financial industry veteran, having spent 20 years in the capital markets. He has worked in a variety of positions starting with investment banking, then progressing into leadership roles in investment research, portfolio management, business development, and as the CEO & CIO of an alternative asset manager. He has managed over $3B of AUM across multiple sector and geographic mandates; designed and launched four separate investment funds, two of which were Lipper Award winners; and is an active Angel investor. He currently serves as President of Blue Deer Capital, a capital advisory and business strategy consulting company.

Dan is a graduate of Electrical Engineering from Queen’s University and has his Master of Business Administration from the Ivey School of Business.​

Charles Dyer

A lifelong real estate professional, Charles began his career as a project engineer, gaining valuable experience in the design and project management of large municipal infrastructure projects. In 1995, he became Director of Store Planning for Shoppers Drug Mart and managed the conversion of 135 Big V Pharmacy stores to the Shoppers Drug Mart format following the merger of the two companies. In 1998, he joined the Katz Group Canada as Director of Design and Construction, for Rexall/Pharma Plus. From 1998 to 2009, he oversaw the construction of more than 400 new store and renovation projects.​

In 2009, Charles co-founded Sovereign Asset Management Inc. (“SAM”), a vertically integrated property development company, focused on the construction and redevelopment of retail properties in high profile locations throughout Canada. To date, SAM has developed over 28 properties, with a combined value of over $75 million. Charles holds a BSc in Civil Engineering from University of Waterloo and has his Master of Business Administration from the DeGroote School of Business, McMaster University.​

Roger Ferreira

Roger Ferreira, is the CEO and founder of NAGC, one of the leading general contractors in the retail real estate industry. With over 500 successful projects since 1998, his expertise ranges from Quick Service Restaurants, Pharmacy Retailers, Grocers, Medical Offices, Gas Stations, and Municipal Projects. NAGC offers full service general contracting, ranging from Architects and Engineers to Site Supervisors, Project Managers and Certified Tradesmen.​

In 2009, Roger co-founded Sovereign Asset Management Inc., (“SAM”), a vertically integrated property development company, focused on the construction and redevelopment of retail properties in high profile locations throughout Canada. To date, SAM has developed over 28 properties, with a combined value of over $75 million.

In 2016, Roger was the recipient of the Business Excellence Award from the Federation of Portugeese Canadian Business & Professionals.​

Reputable Service Providers

Recent Projects

905 Fort William Rd, Thunder Bay
1093 Midland Ave, Kingston
461 Rothesay Ave, Saint John

905 Fort William Rd, Thunder Bay

Date of Acquisition: Q3 2019

Investment Thesis

  • Prime location in central retail corridor across the street from InterCity Mall with approximately 200 feet of frontage in Thunder Bay’s primary regional shopping node
  • Multi-tenant asset with existing cash flow presents value creation opportunity with downside protection due to the strength of the commercial location and surrounding area
  • Traffic of approximately 22,500 vehicles/day on Fort William Road
  • Development’s existing tenants include The Beer Store, a dentist and one unit available for lease, with additional lands providing approximately 16,000 s.f. of future retail and restaurant space in a multi-unit building

1093 Midland Ave, Kingston

Date of Acquisition: Q4 2019

Investment Thesis

  • Property is easily accessible from Hwy 401 (3.2 km/5-minute drive), and via major arterial roads in Kingston, and accessible by public transit, with a bus stop situated in front of the site
  • Daily traffic counts in excess of 25,000 cars daily as of October 2019
  • Multi-tenant asset with existing income plus value-add creation opportunity. The initial phase I of plaza is completed and fully leased (Party City, subsidiary of Canadian Tire, Luxe, a hair salon cannabis retailer Calyx & Trichomes, Halibut House, seafood restaurant), with a future 17,000 sf office component and 3,000 sf of retail/restaurant pads to be constructed.
  • Development is well-positioned with signalized full turns access driveway shared with and shadow-anchored by LCBO (one of the busiest east of Toronto), Wal-Mart and the Beer Store

461 Rothesay Ave, Saint John

Date of Acquisition: Q1 2020

Investment Thesis

  • Property is located on one of the prime commercial corridors of Saint John, NB
  • Automotive tenants include Take 5 Oil Change and Meineke
  • New 10 years lease extensions have been executed
  • Property provides excellent long term cash flow backed by strong national covenants

Recent News

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Contact Us

1018 Eglinton Ave E Unit 5, Mississauga, ON L4W 1K3 (416) 613 9329 info@trivirtus.com