Name

Wexford Developments

Legal name

Wexford Developments

Website

https://wexforddevelopments.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Residential Building Construction (23611), Land Subdivision (23721), Commercial and Institutional Building Construction (23622)

SIC

Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552), Investors, Nec (6799)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

Keywords

• Real estate development
• Multi-family rental
• Mixed-use development
• Commercial property investment
• Land development services

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Real Estate Development: Developing residential, commercial, mixed-use, and industrial properties for sale or long-term holding. Revenue generated through property sales, development fees, and value creation from entitled land.
2. Rental Income: Long-term rental revenue from multi-family residential buildings, commercial spaces, and industrial properties. Focus on high-demand, long-term rentals for predictable performance and consistent returns.
3. Asset Management: Managing properties for partners and institutional investors, generating management fees and performance-based compensation.
4. Land Development Sales: Subdividing and selling serviced land parcels for residential, commercial, and industrial use (Buckingham Business Park, Westgate Land Development).

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Wexford Developments is a multi-national real estate investment, development, and management company that acquires, develops, leases, and manages real estate assets across North America. The company operates across five asset classes: multi-family rental, commercial, mixed-use, industrial, and land development, with a portfolio spanning from a 300-acre master-planned community to a 30-story luxury rental building. Revenue is generated through development, long-term rental income, asset/management fees for institutional partners, and sales of completed developments and serviced land parcels.

Product overview

Wexford Developments is a multi-national real estate investment, development, and management company offering a diversified portfolio of property development services across North America. The company operates across five main product categories: Multi-Family Rental Projects (purpose-built residential rental buildings with studio to three-bedroom units), Commercial Projects (retail, office, and hospitality spaces), Mixed-Use Projects (integrated residential-commercial developments), Industrial Projects (warehouses, R&D facilities, and manufacturing spaces), and Land Development (master-planned communities and greenfield developments). The portfolio spans from a 300-acre master-planned community to a 30-story luxury rental building. Key named projects include Ellis (Victoria, BC), Adelaide (Esquimalt, BC), Thera (Kelowna, BC), Hub Tempe (Tempe, AZ), The Shore (Kelowna, BC), West Village Towers (Calgary, AB), The Arch (Calgary, AB), Raymond Block (Edmonton, AB LEED Platinum), and Westgate Land Development (Grande Prairie, AB). The company was founded in 2014 and operates offices in Calgary, AB and West Palm Beach, FL.

Differentiator

Problem solved

Functional benefit

Products and services

• Multi-Family Rental Projects Purpose-built residential rental buildings offering apartment suites for long-term leasing, including studio, one-, two-, and three-bedroom floorplans, marketed to residents seeking modern, amenity-rich rental housing in urban locations.
• Commercial Projects Retail, office, hospitality, and commercial space developments, including ground-floor retail in mixed-use buildings and dedicated commercial properties.
• Mixed-Use Projects Integrated developments combining residential, commercial, and retail components within a single property, often with multiple towers and phases.
• Industrial Projects Industrial facilities including warehouses, flex/R&D spaces, manufacturing facilities, and office-warehouse combinations serving local and regional businesses.
• Land Development Master-planned community developments including greenfield land servicing, residential subdivisions, and commercial/industrial land development sold as subdivided and serviced parcels.
• Ellis Multi-family rental development in Victoria, BC with 95 homes including 85 residential suites and 10 live-work spaces, plus 2 commercial units, built to BC Step Code 3 sustainability standards.
• Elkwood Luxury rental community in Flagstaff, AZ featuring 224 apartments across four buildings with 6,000 sq. ft. of retail space on 13.6 acres.
• Adelaide Multi-family rental in Esquimalt, BC offering 105 contemporary apartments with rooftop terrace and ocean views, built to BC Step Code 3 sustainability standards.
• Beltline Mixed-use community in Calgary, AB with multi-tower, multi-phase development integrating residential, commercial, and public spaces, in partnership with Oxford Properties.
• Thera Multi-family rental in Kelowna, BC offering 164 residences with coworking space, fitness center, guest suite, and rooftop lounge with lake views.
• Hub Tempe 30-story, 818-unit rental community in Tempe, AZ with 1,957 beds, rooftop pool, and 5,000 sq. ft. ground-floor restaurant, developed as a joint venture with Core Spaces.
• Westin Tempe 18-story, 290-room Westin hotel in Tempe, AZ opened in 2021 with signature dining, event space, wellness amenities, and rooftop lounge.
• The Shore Mixed-use community in Kelowna, BC combining 103 modern rental apartments with professional office space and ground-level retail/dining, in partnership with Appelt Properties.
• West Village Towers Mixed-use residential community in Calgary, AB featuring three towers with slanted rooflines, offering over 500 suites including penthouses and townhomes.
• The Arch 23-story purpose-built rental tower in Calgary, AB with 158 suites offering mountain views and urban convenience, developed in partnership with Cidex Group.
• Elva Five-story, 61-suite multi-family rental in Calgary, AB with Scandinavian-inspired interiors and boutique-style living.
• First + Farmer Future mixed-use development in Tempe, AZ in the Farmer Arts District for residential and commercial use.
• CenterPoint on Mill Mixed-use asset in downtown Tempe, AZ with five buildings including retail, office, and entertainment space totaling 125,000 sq. ft.
• Buckingham Business Park 150-acre greenfield development in Sherwood Park, AB with commercial and industrial lots, 17 subdivided parcels totaling $73M in sales value.
• Westgate Land Development 300-acre master-planned community in Grande Prairie, AB zoned for residential, commercial, and industrial use with over 200 acres fully serviced.
• Westgate Retail Centre 280,000 sq. ft. retail shopping destination in Grande Prairie, AB developed as a three-phase retail power center.
• Westgate Business Centre Commercial development in Grande Prairie, AB offering 30,000 sq. ft. of modern bays in 9 units.
• Raymond Block LEED Platinum certified mixed-use development in Edmonton, AB with 95 residential units, office space, and retail on Whyte Avenue.
• Volker Stevin Industrial development in Sherwood Park, AB providing 50,000 sq. ft. of modern office and warehouse space for Volker Stevin Highways.
• Canadian Hydrovac 33,000 sq. ft. industrial facility in Sherwood Park, AB housing Canadian Hydrovac's head office with office and fleet operations.
• Galveston Tech Center Industrial development in Chandler, AZ offering 74,525 NRSF of flexible R&D and multi-tenant space.
• Clancey Proposed 28-story high-end rental in Edmonton, AB with 290 homes near the $3 billion ICE District.
• Tempe Town Center Proposed 27-story luxury residential tower in Tempe, AZ with high-end rental living near Arizona State University.

Quantifiable outcome

• 33+ completed developments
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Core SpacescoreStrategic or Co-development PartnerJoint venture partner on Hub Tempe, a 30-story, 818-unit rental community in Tempe, AZ. One of the nation's largest housing projects developed in partnership with Core Spaces.
• Oxford PropertiescoreStrategic or Co-development PartnerPartnership on Beltline mixed-use development in Calgary, transforming a full city block with multi-tower, multi-phase residential and commercial project.
• AryzecoreImplementation/ SI/ Consulting PartnerProperty management partner for Adelaide multi-family rental development in Esquimalt, BC. Aryze manages the 105-unit completed project.
• Appelt PropertiescoreStrategic or Co-development PartnerDevelopment partnership with Appelt Properties on The Shore, a landmark mixed-use lakeside community in Kelowna, BC combining 103 apartments with retail and office space.
• Cidex GroupcoreStrategic or Co-development PartnerPartnership on West Village Towers (500+ suites in Calgary) and The Arch (158-unit rental tower). Wexford involved in site acquisition, entitlements, permits before selling interest to AIMCO.
• One PropertiesminorStrategic or Co-development PartnerPartnership with One Properties to deliver Westgate Retail Centre, a 280,000 sq. ft. three-phase retail power center in Grande Prairie, AB.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Concorde Group: Calgary-based multi-class real estate developer spanning residential, commercial, mixed-use, and hospitality. The closest comparable to Wexford in geography (Western Canada) and asset class mix, with a similar mid-size private platform structure.
• Bosa Properties: BC-based developer of residential towers, mixed-use, and commercial properties with a focus on urban infill in Metro Vancouver. Comparable to Wexford in BC multi-family rental positioning, premium product quality, and family-controlled private developer model.
• Beedie Development Group: BC-based developer with parallel industrial and residential master-planned community platform. Directly comparable to Wexford's Westgate and Buckingham Business Park industrial-and-residential land plays, with a similar family-owned private capital structure.
• Appelt Properties: Calgary-based multi-class developer and asset manager covering office, retail, industrial, and residential. Partner with Wexford on The Shore but also a direct competitor for Calgary mixed-use and commercial opportunities, with comparable size and Western Canada focus.
• Minto Group: Ottawa-based developer with purpose-built rental portfolio, mixed-use communities, and an explicit ESG focus. Comparable to Wexford in multi-family rental strategy, sustainability commitments, and Canadian footprint, though at a significantly larger scale.
• One Properties: Calgary-based mixed-use and commercial developer with retail and office focus. Partner with Wexford on Westgate Retail Centre but a direct competitor for similar urban infill and commercial development deals in Alberta.
• Grosvenor Americas: Multi-national real estate developer and investor with mixed-use, multi-family, and commercial portfolio across North America and the UK. Comparable to Wexford in cross-border platform, institutional capital relationships, and diversified asset class exposure.
• Wood Partners: US multi-family developer focused on walkable urban infill with strong ESG commitments. Comparable to Wexford in urban rental community scale (such as the 818-unit Hub Tempe), Sun Belt market focus, and amenity-rich design approach.
• Cidex Group: Calgary-based real estate developer with an urban infill focus. Partner with Wexford on West Village Towers and The Arch, and a direct competitor for Calgary purpose-built rental and mixed-use opportunities.
• Mill Creek Residential Trust: US multi-family rental developer with focus on walkable urban infill, ESG certifications, and amenity-rich communities. Comparable to Wexford in purpose-built rental execution, US Sun Belt exposure, and design quality.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• LinkedInca.linkedin.com/company/wexforddevelopments

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 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 Wexford Developments