Deveraux Group of Companies

What Deveraux Group of Companies does

Deveraux Group of Companies is a privately held, vertically integrated Canadian multi-family real estate firm founded in 2008 and headquartered in Regina, Saskatchewan. The company specializes in the design, development, construction, and management of purpose-built Class A rental apartment communities across Western Canada, operating through three core divisions: Deveraux Developments (in-house general contracting and development), Deveraux Asset Management (private equity asset management including the Auctus Property Fund LP), and Deveraux Apartment Communities (property management). The firm manages more than $2.5 billion in real estate assets, over 6,500 stabilized units, and approximately 4,000 units in the development pipeline across Saskatchewan, Alberta, Manitoba, and forthcoming Ontario.

Deveraux serves two primary customer bases: residential renters (individuals, couples, and families seeking amenity-rich purpose-built rental housing) and real estate investors (institutional investors, family offices, and high-net-worth individuals investing through the Auctus Property Fund LP and property-specific development funds). Revenue is generated through recurring monthly rental income on 6,500+ units, asset and property management fees, and one-time construction revenue captured by Deveraux Developments acting as in-house general contractor. Pricing is quote-based on rentals and not publicly disclosed. The company pursues a vertically integrated model spanning conceptualization, construction, capitalization, control, and continuous improvement across the asset lifecycle.

The firm differentiates through sustainability features (buildings exceeding National Energy Code standards by up to 25%, 200+ Level 2 EV charging stations deployed with expansion to Regina in 2026), proprietary technology (Evie AI virtual assistant for resident support, BarrierTek fire-resistant treatment for mid-rise wood construction), and embedded community amenities (fitness centres, swimming pools, golf simulators, coworking spaces, Fenyk Coffee cafés, WonderWise childcare). Awards include Platinum Club status in Canada's Best Managed Companies (2025), EY Entrepreneur of the Year 2024 (CEO Denis Jones), and over 30 industry awards across provincial landlord associations. Recent strategic activity centers on Ontario market entry via partnerships with Toronto-based developers Resident and Stafford for three projects (~634 units) in the Annex, Davisville Village, and Dupont Street neighborhoods.

Name

Deveraux Group of Companies

Legal name

Deveraux

Website

https://deveraux.ca

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

Deveraux Group of Companies is a vertically integrated Canadian multi-family real estate firm that develops, constructs, and manages purpose-built rental apartment communities across Western Canada, serving residential renters and institutional investors through its $2.5 billion asset management platform.

Ownership category

akta.pro rank

Product category

Multifamily Real Estate Development

NAICS

Lessors of Residential Buildings and Dwellings (531110), Real Estate and Rental and Leasing (53), Management of Companies and Enterprises (551)

SIC

General Bldg Contractors - Residential Bldgs (1520), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Build-to-Rent (BTR) Community Management (BPAJAFAC)

Keywords

• Multifamily real estate
• Property development
• Asset management
• Construction services
• Rental housing

Headquarters

HQ city

Regina

HQ country

Canada

HQ region

North America

Offices7 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Property Rental Income: Monthly rental income from over 6,500 units currently under management across stabilized apartment communities. Revenue from one, two, and three-bedroom suites with premium finishes and resort-style amenities.
2. Development and Construction Services: Deveraux Developments serves as the in-house general contractor for all company projects, managing multi-family residential construction across Western Canada. Award-winning general contractor recognized for innovative designs and methods.
3. Asset Management Fees: Deveraux Asset Management manages the Auctus Property Fund LP and development funds, providing asset, property, and capital management platform services. The company manages over $2.5 billion in real estate assets under management.
4. Property Management Services: Deveraux Apartment Communities provides property management services across the portfolio, delivering exceptional resident-focused experiences with responsive and personalized service.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Deveraux Group of Companies is a vertically integrated real estate platform that develops, constructs, owns, and manages purpose-built multifamily residential rental properties. Through subsidiaries covering development, apartment operations, and asset management, the company delivers rental housing across Western Canada with a growing presence in Ontario.

Product overview

Deveraux Group of Companies operates as an integrated real estate platform organized around three core divisions: Deveraux Developments (award-winning general contractor and developer), Deveraux Asset Management (private equity real estate firm), and Deveraux Apartment Communities (property management). The company operates a vertically integrated business model—Conceptualize, Construct, Capitalize, Control, and Continuously Improve—spanning design, development, construction, and property management of purpose-built apartment communities. Key subsidiaries include Latitude 50 (millwork), Strategic Building Supplies (procurement), Fenyk Coffee & Social (hospitality cafés), and eSpot (parking management). The company manages over $2.5 billion in real estate assets across Western Canada, with over 6,500 units under management and approximately 4,000 units in development. Notable products include Evie AI Virtual Assistant for resident support, The Social resident engagement program, and the Deveraux Resident Rewards Program. The Auctus Property Fund LP manages 5,000+ units across 24 communities.

Differentiator

Problem solved

Functional benefit

Brands

• Auctus Property Fund LP: Limited partnership that owns and operates more than 5,000 units across 24 apartment communities in Regina, Winnipeg, Edmonton, and Calgary.
• Auctus Heritage Calgary Property Fund LP
• Auctus Trinity Hills Apex Calgary Property Fund LP
• Auctus Rangeview Calgary Property Fund LP
• Auctus Edgemont Edmonton Property Fund LP
• The Social at Deveraux
• Deveraux Resident Rewards Program
• Evie

Products and services

• Multifamily rental apartment communities Purpose-built multifamily rental apartment communities operated under the Deveraux Apartment Communities banner, including named properties such as Podium, Vista, Cadence, Stratus, Mac & Mullen, Heritage-MacLeod, and Artisan at Rangeview. Individual and family tenants lease residential units in these owned and managed buildings across Western Canada and Ontario.
• Fenyk Coffee & Social On-site coffee and social amenity operating within Deveraux apartment communities, providing food, beverage, and casual gathering space to residents and visitors.
• WonderWise childcare services Childcare services offered in partnership with Deveraux apartment communities, providing on-site early learning and daycare options for residents.
• Auctus Property Fund LP Private investment fund providing investors with exposure to Deveraux's multifamily rental real estate portfolio and the cash flows from owned apartment communities.
• Deveraux Asset Management services Asset management services for the Auctus Property Fund LP and the broader Deveraux multifamily portfolio, including financial reporting, capital planning, and portfolio strategy.

Quantifiable outcome

• Buildings designed to exceed National Energy Code standards by up to 25%
• +3 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• StaffordcoreStrategic or Co-development Partner · 27 April 2026Partnership with Toronto-based developer Stafford (70+ years of experience, $10 billion+ in delivered projects) to develop Barton House at 914 Bathurst Street in Toronto's Annex neighbourhood. The 12-storey project will deliver 159 purpose-built rental homes with 8,000+ square feet of amenity space. Stafford brings local development and construction expertise; Deveraux contributes national rental community experience.
• ResidentcoreStrategic or Co-development Partner · 24 April 2026Partnership with Toronto-based developer Resident to develop purpose-built rental communities in the Greater Toronto Area. Includes 21-25 Imperial Street (225 units in Davisville Village) and 374-390 Dupont Street (250 units in the Annex neighbourhood). Resident leads site visioning, acquisition, and advancement through approvals, while Deveraux brings development, construction, and long-term asset management expertise.
• Fenyk Coffee & SocialcoreStrategic or Co-development Partner · 3 June 2025Hospitality partnership bringing community-focused café spaces to Deveraux residential developments. First location opened at Podium Apartments, second location opened at Podium Apartments Main Street (June 2025), with third location planned for Rangeview neighbourhood in 2026. These spaces serve as gathering hubs for residents and locals, featuring expertly crafted coffee, food, and curated beer and wine selections.
• WonderWise Early Learning & Care CentrecoreStrategic or Co-development Partner · 1 January 2025Partnership to open a purpose-built licensed childcare space at Podium Apartments in Calgary. WonderWise brings high-quality, licensed childcare directly into the Deveraux community, supporting families where they live and work.
• Ronald McDonald House Charities Saskatchewan (RMHC-SK)minorStrategic or Co-development Partner · 1 November 2024Deveraux contributed $400,000 to support the new Ronald McDonald House development in Regina, which will support 824 families per year. Deveraux's millwork subsidiary Latitude 50 supplied all cabinets and millwork for the new Ronald McDonald Houses in Regina and Prince Albert. This partnership supports families during pediatric medical care.
• Latitude 50coreStrategic or Co-development PartnerDeveraux's millwork subsidiary (operating partner: Jared McDougald) that produces custom millwork and signage. Supplied all cabinets and millwork for Ronald McDonald Houses in Regina and Prince Albert. Also supplies millwork for Deveraux apartment communities, providing integrated construction capabilities.
• Strategic Building SuppliesminorStrategic or Co-development PartnerConstruction materials procurement company (operating partner: Jared McDougald) that supports Deveraux Developments with construction material sourcing for apartment community projects.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Boardwalk REIT: One of Canada's largest residential landlords operating multi-family apartment communities across Alberta, Saskatchewan, Ontario, Quebec, and BC. Directly comparable to Deveraux on the residential rental owner/operator side, particularly given overlapping geographic exposure in prairie markets.
• Starlight Investments: Canadian private equity-led multi-family owner, developer, and asset manager with national operations. Closely mirrors Deveraux's integrated acquisition-development-management model and family/institutional investor capital base via Auctus.
• Minto Group: Privately held Canadian developer, builder, and manager of multi-family rental and condominium communities. Operates a vertically integrated development-construction-management model similar to Deveraux, with growing purpose-built rental exposure in Ontario and Western Canada.
• Hazelview Investments: Toronto-based privately held investment manager focused exclusively on multi-family rental housing across Canada and the US. Directly comparable purpose-built rental operating platform with national footprint including Ontario, where Deveraux is just entering via partnerships.
• Killam Apartment REIT: Canadian multi-family REIT that owns, operates, acquires and develops apartments across Atlantic Canada, Ontario, Alberta, and BC. Comparable to Deveraux's purpose-built rental ownership, property management, and development focus.
• Northview Residential REIT: Canadian multi-family residential REIT with portfolio across multiple provinces, operating in-suite services and recently expanded via acquisitions. Comparable owner-operator model for rental apartments across Canada.
• Mainstreet Equity Corp: Canadian multi-family apartment owner/operator with strong concentration in Western Canada (Alberta, Saskatchewan, BC). Closely matches Deveraux's prairie-centric, value-add and stabilized Class A/B rental strategy.
• Concert Properties: Vancouver-based real estate developer and manager with rental apartment, condominium, and seniors' housing. Comparable development-plus-management model and is the prior employer of Deveraux's VP of Marketing — an experienced Canadian purpose-built rental operator.

Broad incumbents

• Morguard REIT: Diversified Canadian REIT with a multi-family residential segment in addition to retail, office, and hotel assets. Comparable on the rental apartment ownership/management side, though broader in scope than Deveraux's focused multi-family platform.
• CAPREIT: Canada's largest publicly traded multi-family residential REIT with a national portfolio. A broader incumbent that recently acquired a Deveraux-managed asset (Sterling Manor), making it both a peer and a counterparty in the secondary market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/deverauxdevelopments
• LinkedInlinkedin.com/company/deveraux-group-of-companies
• Instagraminstagram.com/deveraux_apartment_communities

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries8 records

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 Deveraux Group of Companies