What CLV Group does

CLV Group is a privately held, for-profit Canadian real estate investment and management company headquartered in Ottawa, founded in 1969 and operating for over 45 years with 101-250 employees. Its short public positioning emphasizes helping people find the perfect place to call home. The company's core asset is its ownership of InterRent Real Estate Investment Trust, a multi-family residential REIT described as one of Canada's largest residential real estate portfolios operating across Canadian markets.

The business model is anchored in residential real estate investment and rental housing provision through the wholly-owned InterRent REIT subsidiary, generating returns from multi-family rental income and asset appreciation. CLV Group operates a property management and asset stewardship structure, with executive chair Mike McGahan serving as the principal operating executive. There is no public product pricing, segmentation detail, or technology stack disclosed; revenue mechanics appear typical of large-scale residential property ownership — rental income, fee-based management, and capital gains.

The company is currently the subject of major transactional activity: CLV Group, Mike McGahan, and Singapore sovereign wealth fund GIC are acquiring InterRent REIT in a transaction valued at approximately $4 billion including net debt (approximately $2 billion equity at $13.55 per unit, a 35% premium over the pre-campaign price). Activist hedge fund Anson Funds, holding a 9% stake, drove the sale process. The transaction has cleared Investment Canada Act and Competition Act reviews and is pending final Canada Mortgage and Housing Corp. sign-off, with closing expected in late 2025 or early 2026. Brad Cutsey has resigned as InterRent's president and CEO during this transition.

Name

CLV Group

Website

https://clvgroup.com

Company type

Private

Founded year

1969

Operating status

Operating

Headcount range

101–250 employees

Short description

CLV Group is a privately held Ottawa-based real estate investment and management company, founded in 1969, that owns InterRent Real Estate Investment Trust — one of Canada's largest multi-family residential rental portfolios — and is currently undergoing a roughly $4 billion take-private transaction with GIC and executive leadership.

Ownership category

akta.pro rank

Headquarters

HQ city

Ottawa

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales

Core offering

CLV Group is a real estate investment and management company that helps people find the perfect place to call home. It operates and manages residential rental housing through its ownership of InterRent Real Estate Investment Trust, one of Canada's largest residential real estate portfolios, providing multi-family rental housing across Canadian markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Rental Housing via InterRent REIT Multi-family residential rental housing units operated across Canadian markets through InterRent Real Estate Investment Trust. Targeted at individual tenants and households seeking long-term rental housing.
• Property Management Services Professional property management of multi-family residential real estate assets in the InterRent REIT portfolio across Canadian markets, delivered on behalf of tenants and owners.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• InterRent Real Estate Investment TrustcoreOthersInterRent REIT is the primary operating entity owned by CLV Group. It is a residential real estate investment trust with properties across Canada. The approximately $4 billion deal involves the sale of InterRent REIT to a consortium including CLV Group (as part of the owning group) and GIC, pending regulatory approval.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Morguard Corporation: Established Canadian real estate company with a diversified portfolio including residential, office, retail, and hotel assets. Comparable as a broader incumbent with residential property management overlap with CLV Group's InterRent portfolio.
• Tridel Group: One of Canada's largest residential developers and managers of condominium and rental apartment communities. Comparable to CLV Group in residential property management and multi-family housing operations in Canadian urban markets.
• QuadReal Property Group: Large Canadian real estate investment and management firm with significant residential rental exposure. Overlaps with CLV Group in residential property management, institutional asset ownership, and Canadian market presence.
• Dream Unlimited Corp. Canadian real estate company with residential rental and development operations. Overlaps with CLV Group in Canadian multi-family housing exposure and serves similar urban residential markets.

Direct peers

• Northview Residential REIT: Canadian residential REIT operating a multi-family rental portfolio across multiple provinces. Directly comparable to InterRent REIT owned by CLV Group in asset class, geographic focus, and rental housing model.
• Boardwalk Real Estate Investment Trust: One of Canada's largest multi-family residential REITs, directly comparable to InterRent REIT that CLV Group owns and operates. Operates a similarly scaled portfolio of apartment communities across Canadian markets with overlapping customer base and business model.
• Killam Apartment REIT: Canadian multi-family residential REIT owning and operating a large portfolio of apartments across Canada. Directly comparable to CLV Group's InterRent REIT in property type, geographic focus, and rental housing business model.
• Minto Apartment REIT: Canadian multi-family residential REIT focused on apartment properties across major Canadian cities. Directly comparable to CLV Group's InterRent operations in property class, market focus, and residential rental strategy.
• CAPREIT (Canadian Apartment Properties REIT): Canada's largest residential REIT, directly comparable in business model and customer base to CLV Group/InterRent. Operates a multi-family residential portfolio with similar property management and rental housing focus across Canadian markets.

Regional players

• Tricon Residential (formerly Starlight U.S. Multi-Family): Multi-family residential rental company operating primarily in the U.S. Sunbelt. Comparable to CLV Group/InterRent in multi-family rental business model, though focused on a different geography than CLV's Canadian portfolio.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key highlights5 records

Customer concentration

• Xx.com/clvgroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about CLV Group