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Investor Relations

Our Advantage

Boardwalk provides inclusive communities to work and live through its strategy of operational excellence, innovation, and
opportunistic growth focused capital allocation, to create leading earnings performance resulting in strong total shareholder return.

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Corporate Profile

$8.5B

in Total Assets

34,393

Total Suites

96%

of Mortgages are CMHC Insured

>24%

Combined Insider Ownership

$357.7M

Net Operating Income
(12 months ended June 30, 2024)

Organic Growth

Best In-Class Organic Growth Paired with Strong Housing Fundamentals

  • Significant portfolio in affordable and non-price-controlled markets with strong fundamentals
  • Strong leasing spreads on both new and renewal leases
  • Vertically integrated platform to optimize NOI
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Capital Recycling

Accretive Capital Recycling

  • Investment in return generating value-added capital investment
  • Opportunistic, strategic, and accretive growth in acquisitions and new development
  • Sale of non-core assets to recycle capital, and tactical use of NCIB, when appropriate
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Financial Foundation

Solid Financial Foundation

  • Conservative balance sheet
  • CMHC financing provides attractive rates and limited renewal risk
  • Minimum distribution policy maximizes available capital from our growing funds from operations for reinvestment back into housing
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Compelling Value

Compelling Value

  • Attractive cap rate with strong growth profile
  • Implied valuation lower than private marketing transactions
  • Diversified product offering across three distinct brands: Living, Communities and Lifestyle
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Financial Insights

Boardwalk’s market leading operations are a direct result of our disciplined approach to capital allocation, acquisition, development, purposeful re-positioning, and ongoing community management. This direction provides us higher free cash flow and investment returns, stable monthly distributions and value creation for all stakeholders.

Last Quarter Results

Latest Press Release

Oct. 3, 2024

Boardwalk REIT Provides Operational Update and Announces Timing of Third Quarter Results 

July 30, 2024

Boardwalk REIT Reports Strong Results for Q2 2024

July 5, 2024
Boardwalk REIT Provides Operational Update, Announces Recent Acquisitions & Timing of Second Quarter Results
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ESG Report

A snapshot of Boardwalk and our results to date as one of Canada’s leading rental providers (as of December 31, 2022). We are guided by our commitment to attracting and retaining a diverse team of Associates, and providing the very best rental experiences for our Resident Members.

Leadership and Board of Directors

Leadership

  • Sam Kolias

    Chief Executive Officer & Chairman of the Board
  • James Ha

    President
  • Gregg Tinling

    Chief Financial Officer
  • Melissa Kolias

    Chief Design Officer
  • Bhavnesh Jaraim

    Chief Information Officer
  • Leonora Davids

    Senior Vice President, Operations
  • Samantha Kolias-Gunn

    Senior Vice President, Corporate Development and Governance
  • Boyd Belisle

    Vice President, Community & Culture
  • Eric Bowers, CFA

    Vice President, Finance and Investor Relations
  • Arv Dhol

    Vice President, Special Projects Engineering & Design
  • Jeffrey Klaus

    Vice President, Asset Management & Development
  • Helen Mix

    Vice President, People

Board of Directors

  • Mandy Abramsohn

    Independent Trustee
  • Andrea Goertz

    Independent Trustee
  • Gary Goodman

    Independent Trustee
  • Sam Kolias

    Chairman, Chief Executive Officer, Trustee
  • Samantha Kolias-Gunn

    Trustee
  • Scott Morrison

    Independent Trustee
  • Brian G. Robinson

    Independent Trustee