Clarke

What Clarke does

Clarke Inc. is a Canadian publicly traded real estate investment and management company headquartered in Beechville (Halifax), Nova Scotia, listed on the Toronto Stock Exchange under ticker CKI. The company is controlled by Chairman, President & CEO George Armoyan and operates a diversified, multi-vertical real estate platform organized around three core segments: commercial real estate through Ravelin Properties Corporation (6.5 million square feet of gross leasable area across Canada, the United States, and Ireland following the May 2026 Ravelin Properties REIT acquisition), hospitality through Holloway Lodging Corporation (2,700+ rooms via 16 owned hotels and 5 third-party managed properties across Canada), and residential through the Talisman flagship community in Ottawa (1,016 units), Latitude Living furnished suites brand, and The Regent multifamily development in London, Ontario.

Clarke generates revenue primarily through rental income from commercial tenants, hotel operations and management fees from hospitality assets, and residential rents and furnished-suite rentals. Its go-to-market is direct-to-tenant (commercial leasing, direct hotel bookings, and direct residential leasing) rather than platform-mediated distribution, and pricing is negotiated transaction-by-transaction rather than published. The company's stated objective is to maximize long-term shareholder value through active asset management, redevelopment, densification, and opportunistic acquisitions and dispositions.

Recent strategic activity has been heavily M&A driven, anchored by the transformational 2026 Ravelin Properties REIT acquisition ($1.1 billion including assumed debt) that nearly tripled the pro-forma asset base to $1.7 billion and substantially diversified the portfolio geographically. Earlier platform moves include the 2019 Holloway Lodging acquisition, the 2022 acquisition of the Stanford Inn & Suites, a one-third interest in a downtown Montreal development, and recurring credit facility refinancings and Normal Course Issuer Bids. Clarke has 1-10 employees at the corporate level, with operating execution delegated to subsidiary-level management teams.

Name

Clarke

Legal name

Clarke Inc.

Website

https://clarkeinc.com

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

1–10 employees

Short description

Clarke Inc. is a Canadian publicly traded real estate investment and management company operating a diversified platform across commercial (Ravelin Properties), hospitality (Holloway Lodging), and residential (Talisman, Latitude Living, The Regent) assets in Canada, the US, and Ireland.

Ownership category

akta.pro rank

Product category

Real Estate Investment & Management

NAICS

Real Estate Property Managers (53131), Residential Property Managers (531311), Real Estate and Rental and Leasing (53)

SIC

Operators Of Nonresidential Buildings (6512), Real Estate Operators (No Developers) & Lessors (6510), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Investment Advisory (Acquisitions/Dispositions, Capital Allocation) (BPAJANAA)

akta.pro secondary industries

Hospitality (Hotels & Resorts) Asset Management (BPAJAMAE), Real Estate Development & Feasibility Advisory (Highest-and-Best-Use, Entitlements Support) (BPAJANAC), Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Commercial real estate
• Hotel ownership management
• Residential rental properties
• Real estate investment
• Property asset management

Headquarters

HQ city

Beechville

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Supply Chain, Others

Distribution channels1 record

Marketing channels3 records

Core offering

Clarke Inc. is a Canadian real estate investment company that owns, develops, and manages a diversified portfolio of commercial, hospitality, and residential properties across Canada, the United States, and Ireland. Its core operations are conducted through wholly-owned subsidiaries: Ravelin Properties Corporation (6.5 million square feet of commercial real estate), Holloway Lodging Corporation (2,700+ hotel rooms across 16 owned hotels and 5 third-party managed properties), and residential assets including the 1,016-unit Talisman community, Latitude Living furnished suites, and The Regent multifamily development.

Product overview

Clarke is a Canadian real estate company operating as a platform-plus-platforms architecture with three distinct business segments: Commercial (Ravelin Properties Corporation), Hospitality (Holloway Lodging Corporation), and Residential (including the Talisman flagship community, Latitude Living furnished suites brand, and The Regent development). The company acquires, develops, owns, and manages diversified commercial, hospitality, and residential properties across Canada, the United States, and Ireland, with the objective of maximizing long-term shareholder value through active asset management and strategic investment.

Differentiator

Problem solved

Functional benefit

Brands

• Ravelin Properties Corporation: Clarke’s commercial real estate platform owning and operating diversified portfolio of commercial real estate assets comprising 6.5 million square feet of gross leasable area in Canada, Ireland, and the United States.
• Holloway Lodging Corporation
• Latitude Living
• Talisman

Products and services

• Ravelin Properties Corporation Clarke\u2019s commercial real estate platform that owns and operates a diversified portfolio of strategically located commercial real estate assets comprising 6.5 million square feet of gross leasable area in Canada, Ireland, and the United States, leased to commercial tenants.
• Holloway Lodging Corporation Clarke\u2019s hospitality platform that owns and operates a portfolio of hotels across Canada with more than 2,700 hotel rooms under ownership and management, including 16 owned hotels and 5 third-party managed properties serving business travelers, work crews, sports teams, groups, and leisure guests.
• Talisman

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• InnVest Real Estate Investment Trust: Canadian hospitality-focused REIT owning and operating hotels across Canada; directly comparable to Clarke's Holloway Lodging platform of 2,700+ rooms.
• Morguard Corporation: Canadian publicly-traded diversified real estate company that owns, manages, and invests in commercial, hotel, and residential properties across North America — a directly comparable platform-plus-portfolio model to Clarke.
• H&R REIT: Canadian diversified REIT owning office, retail, industrial, and residential assets across North America; comparable in multi-segment real estate ownership and active asset management.
• Boardwalk REIT: Canadian residential REIT focused on multifamily rental communities; directly comparable to Clarke's Talisman/Latitude Living/Regent residential strategy.
• CAPREIT (Canadian Apartment Properties REIT): One of Canada's largest residential rental REITs, providing a directly comparable scale benchmark for Clarke's multifamily ambitions including The Regent development.
• Allied Properties REIT: Canadian REIT specializing in urban office and industrial workspace; comparable to the commercial real estate segment Clarke inherited via the Ravelin acquisition.

Broad incumbents

• Choice Properties REIT: Larger Canadian diversified REIT with a primarily retail-anchored portfolio; broader incumbent with overlapping commercial real estate ownership and capital allocation discipline.
• Brookfield Property Group: Global large-cap commercial real estate owner/operator; broader incumbent with overlapping office, retail, and hospitality exposure across North America and Europe.
• Crombie Real Estate Investment Trust: Canadian open-ended REIT with diversified retail, office, industrial, and mixed-use assets; comparable in multi-class real estate ownership and active portfolio management.

Emerging players

• Firm Capital American Realty / Firm Capital Property Trust: Small-cap Canadian/U.S. diversified real estate investor with active M&A and asset rotation; comparable in size, acquisition strategy, and platform-building approach to Clarke.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/clarkeinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Clarke