Hopewell Real Estate Services
Hopewell Real Estate Services LP is the property and asset management arm of Calgary-based Hopewell Group, delivering third-party commercial property management, asset management, and integrated development services to institutional investors, pension funds, and private owners across Canada and the United States.
- Company typePrivate
- Founded1991
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
Hopewell Real Estate Services firmographics
Firmographics- Name
- Hopewell Real Estate Services
- Legal name
- Hopewell Real Estate Services LP
- Website
- https://hopewelldevelopment.com
- Company type
- Private
- Founded year
- 1991
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Hopewell Real Estate Services LP is the property and asset management arm of Calgary-based Hopewell Group, delivering third-party commercial property management, asset management, and integrated development services to institutional investors, pension funds, and private owners across Canada and the United States.
- Ownership category
- akta.pro rank
Hopewell Real Estate Services industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Real Estate Property Managers (53131), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Real Estate (6500)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
Keywords
Where Hopewell Real Estate Services is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices12 records
Markets served
Hopewell Real Estate Services business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Recurring fees from third-party asset management services for institutional investors and pension funds; manages over $1B in assets comprising industrial, retail, and office properties totaling nearly 7M SF.
- Property Management Fees: Recurring fees from third-party commercial property management including industrial, office, and retail portfolios; oversees over 25M SF throughout Western Canada, with 24-hour tenant service support.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Asset management fees on over $1B AUM across industrial, retail, and office assets. |
| Other | — | Property management fees covering 25M+ SF of office, industrial, and retail properties throughout Canada. |
| Other | — | Development and construction project fees on a project-by-project basis. |
Go-to-market motion4 records
Hopewell Real Estate Services product offering
Product offeringCore offering
Hopewell Real Estate Services is a third-party commercial property and asset management company that manages industrial, office, and retail portfolios for institutional investors, pension funds, and private ownership groups across Canada and the United States. Through its affiliated Hopewell Development arm, it also delivers development management, construction management, and leasing services, overseeing more than 25 million square feet of properties and over $1 billion in assets under management. Service delivery is supported by LEED-certified construction, BOMA Best environmental programs, an in-house Tenant Service App, and an integrated asset management platform.
Differentiator
Problem solved
Functional benefit
Brands
- Hopewell Real Estate Services: Full-service third-party commercial property management division of Hopewell Development, specializing in managing industrial, suburban office, and retail properties for private investors, pension funds and publicly traded companies.
- Hopewell Development
Products and services
- Property Management
Quantifiable outcome
- Over 26M SF of A-class industrial product developed
- +6 more outcomes
Companies that use Hopewell Real Estate Services
Customer profileNamed customers29 records
Segments4 records
Ideal customer profiles4 records
Hopewell Real Estate Services technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature6 records
Hopewell Real Estate Services partnerships and signals
Strategic signalScale indicators11 records
Recent moves7 records
Expansion highlights5 records
Hopewell Real Estate Services competitors and assessment
Company assessmentDirect peers
- Colliers International: Global commercial real estate services firm offering property management, asset management, leasing, and investment sales across industrial, office, and retail — directly competes with Hopewell for third-party institutional mandates, particularly in Canadian and US industrial.
- Morguard Corporation: Canadian-based real estate company that owns, manages, and provides property and asset management services for institutional and high-net-worth investors — a direct Canadian peer to Hopewell Real Estate Services' third-party management business.
- QuadReal Property Group: Canadian-based global real estate investment and property management firm owned by British Columbia Investment Management Corporation — a direct Canadian peer competing for institutional third-party management mandates and industrial/office portfolios.
- BGIS: Canadian-headquartered global facility management and real estate services provider — directly comparable to Hopewell Real Estate Services' third-party property and facility management offering, with similar institutional client focus.
- Dream Industrial REIT: Canadian REIT focused on ownership and management of industrial properties across North America — directly comparable to Hopewell's industrial property management and leasing activities, with overlapping Canadian and US geographic footprint.
Broad incumbents
- CBRE Group: World's largest commercial real estate services firm with full-service property and asset management, investment sales, and valuation — competes head-to-head with Hopewell on large institutional mandates and industrial occupier services.
- JLL (Jones Lang LaSalle): Global real estate services and investment management firm with integrated property management, facilities management, leasing, and capital markets — directly comparable to Hopewell's full-service platform and institutional investor focus.
- Cushman & Wakefield: Global commercial real estate services firm providing property management, valuation, leasing, and asset management across industrial, office, and retail — competes with Hopewell for third-party mandates and industrial leasing assignments.
Regional players
- Choice Properties REIT: Canadian REIT with major retail and industrial portfolio, previously operated as the property management employer of Hopewell's National Director Devon Hutt — comparable in Canadian property management scale and institutional governance standards.
- Pure Industrial Real Estate: Canadian pure-play industrial property owner and manager (now under Blackstone ownership, formerly TSX-listed) — directly comparable to Hopewell's industrial-focused property management platform and historical employer of several Hopewell senior hires.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Hopewell Real Estate Services social profiles
Digital presenceHopewell Real Estate Services financial estimates
Financial estimateRevenue estimate
Valuation estimate
Hopewell Real Estate Services leadership team
Management profileNumber of profiles
Profiles7 records
Hopewell Real Estate Services subsidiaries and ownership
Company hierarchySubsidiaries6 records
Hopewell Real Estate Services funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Hopewell Real Estate Services M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Hopewell Real Estate Services
What does Hopewell Real Estate Services do?
Hopewell Real Estate Services is a third-party commercial property and asset management company that manages industrial, office, and retail portfolios for institutional investors, pension funds, and private ownership groups across Canada and the United States. Through its affiliated Hopewell Development arm, it also delivers development management, construction management, and leasing services, overseeing more than 25 million square feet of properties and over $1 billion in assets under management. Service delivery is supported by LEED-certified construction, BOMA Best environmental programs, an in-house Tenant Service App, and an integrated asset management platform.
Is Hopewell Real Estate Services a public or private company?
Hopewell Real Estate Services is a private company. It is classified as family owned and is currently operating.
When was Hopewell Real Estate Services founded?
Hopewell Real Estate Services was founded in 1991. It employs 11 to 50 people.
Where is Hopewell Real Estate Services based?
Hopewell Real Estate Services is headquartered in Calgary, Canada, in the North America region.
How does Hopewell Real Estate Services make money?
Two revenue lines are on record. Asset Management Fees are the primary driver. The others are property Management Fees.
Who are Hopewell Real Estate Services's main competitors?
Direct peers on record are Colliers International, Morguard Corporation, QuadReal Property Group, BGIS and Dream Industrial REIT. Broad incumbents are CBRE Group, JLL (Jones Lang LaSalle) and Cushman & Wakefield. Regional players are Choice Properties REIT and Pure Industrial Real Estate.
Does Hopewell Real Estate Services have an API?
No public API is recorded for Hopewell Real Estate Services.
What industry is Hopewell Real Estate Services in?
Hopewell Real Estate Services's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 53131 and its SIC code is 6500.