Areva Living
Areva Living is a Vancouver-based private real estate developer founded in 2019, building for-sale condominiums, townhomes, rental apartments, and mixed-use commercial properties across British Columbia's Lower Mainland, with a specialization in heritage revitalization and energy-efficient wood-frame construction.
- Company typePrivate
- Founded2019
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2C
- OfferingServices
What Areva Living does
Areva Living Inc. is a privately held, Vancouver-based real estate development company founded in 2019 by Rod Senft, Hamid Ahmadian, and Adel Bellemlih, operating across British Columbia's Lower Mainland. The company develops for-sale residential product (1515 Rupert townhomes in North Vancouver; First & Royal, a 189-unit heritage revitalization of the 1890 EMN Woods Home in Downtown New Westminster), purpose-built rental communities under the City Suites brand (Oxford, Rupert, Kingsway, and a planned Victoria St tower), and commercial real estate (Mission Gateway, a fully leased mixed-use asset, and the proposed Columbia Theatre restoration). Construction is primarily 6-storey wood-frame, with homes designed to exceed BC Building Code energy efficiency requirements, and a notable specialization in heritage revitalization projects.
The business operates through three primary revenue streams: one-time residential unit sales, recurring monthly rental income from the City Suites portfolio, and commercial lease payments. Customer acquisition is direct-to-consumer via project-specific microsites (e.g., 1515rupert.com, firstandroyal.com, citysuites.ca), onsite signage, realtor referrals, and direct phone/email enquiry channels; no third-party distribution layer is used. Pricing is not publicly disclosed and is negotiated per project. The company differentiates through senior-led execution (80+ years of combined team experience, including prior leadership at Bouygues Construction, Tricor Pacific Capital, and major Vancouver law firms), a network of over 30 architectural and engineering partners, BuiltGreen Canada and UDI industry memberships, and a post-purchase Homeowner Care Platform that supports warranty management and homeowner engagement under BC's 2/5/10-year Homeowner Protection Act framework.
Areva Living firmographics
Firmographics- Name
- Areva Living
- Legal name
- Areva Living Inc.
- Website
- https://arevaliving.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Areva Living is a Vancouver-based private real estate developer founded in 2019, building for-sale condominiums, townhomes, rental apartments, and mixed-use commercial properties across British Columbia's Lower Mainland, with a specialization in heritage revitalization and energy-efficient wood-frame construction.
- Ownership category
- akta.pro rank
Areva Living industry classification
Industry- Product category
- Residential Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate (6500)
- akta.pro primary industry
- New Development / Declarant Transition Management (BPAJAHAK)
- akta.pro secondary industry
- Extended-Stay Brand Residences (Managed Residences) (THAGAEAM)
Keywords
Where Areva Living is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Areva Living business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure
Revenue model
- Residential Home Sales: Areva Living develops and sells condominiums and townhomes to individual purchasers. Revenue is generated through one-time sales of completed or under-construction homes. Projects include 1515 Rupert (26 townhome units), First & Royal (189 condo units), and other developments.
- Residential Rentals: Areva Living builds and manages rental communities under the 'City Suites' brand. Revenue is generated through monthly rental payments from tenants in properties such as City Suites Oxford and City Suites Rupert (91 rental suites).
- Commercial Spaces: The company develops and leases commercial spaces, including Mission Gateway (fully leased), Columbia Theatre, and 718 Victoria St in New Westminster. Revenue is generated through commercial lease payments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Residential for-sale homes — pricing not publicly disclosed |
| Subscription | Monthly | Rental homes (City Suites brand) — pricing not publicly disclosed |
| Subscription | Monthly | Commercial leasing — pricing not publicly disclosed |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Areva Living product offering
Product offeringCore offering
Areva Living develops, constructs, and sells residential real estate including condominiums, townhomes, and purpose-built rental apartment suites, primarily in British Columbia's Lower Mainland. The company also undertakes heritage revitalization projects (e.g., First & Royal, The Columbia Theatre) and develops commercial spaces (e.g., Mission Gateway, 718 Victoria St). Post-purchase support is provided through an interactive Homeowner Care Platform and 2/5/10-year home warranty insurance coverage as mandated by BC's Homeowner Protection Act.
Product overview
Areva Living is a residential and commercial real estate developer offering a portfolio of for-sale and rental housing products across British Columbia. The core offering consists of for-sale townhomes and condominiums (1515 Rupert, First & Royal), rental apartment suites (City Suites Oxford, City Suites Rupert, City Suites Kingsway, Victoria St), and commercial/mixed-use properties (Mission Gateway, The Columbia Theatre). These are complemented by homeowner care services including an interactive platform and mandatory new home warranty insurance. The company has over 1000 multifamily homes under construction or in development.
Differentiator
Problem solved
Functional benefit
Products and services
- 1515 Rupert An intimate collection of 26 energy-efficient 3+4 bedroom townhomes with air conditioning located at 342 Mountain Highway, North Vancouver, for individual home purchasers.
- First & Royal Heritage revitalization project featuring 189 units in two 6-storey wood-frame condo buildings in Downtown New Westminster, including comprehensive restoration of the EMN Woods Home (built 1890), for individual condominium purchasers.
- City Suites Oxford Brand new pet-friendly rental homes located at 1529 Oxford St., Lynn Creek, North Vancouver, for individual tenants on monthly leases.
- City Suites Rupert 91 contemporary rental suites in Lynn Creek Town Centre, North Vancouver, for individual tenants on monthly leases, currently undergoing approvals.
- City Suites Kingsway 115 contemporary rental suites in Edmonds, Burnaby, designed for modern comfort and convenience, for individual tenants on monthly leases.
- Victoria St Upcoming rental tower in downtown New Westminster combining modern living with urban vibrancy, for individual tenants on monthly leases.
- Mission Gateway Revitalization of a community asset at the gateway to Mission's downtown core, providing fully leased commercial space for business tenants.
- The Columbia Theatre Heritage revitalization of the 1927 atmospheric theatre in historic downtown New Westminster, BC's first atmospheric theatre, with proposed mixed-use development including entertainment, retail, and residential components.
Quantifiable outcome
- Homes backed by 2, 5, and 10-year home warranty insurance as required by BC's Homeowner Protection Act
- +3 more outcomes
Companies that use Areva Living
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Areva Living technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Areva Living partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Over 30 Architectural and Engineering FirmscoreAreva Living partners with over 30 architectural and engineering firms to drive project quality and expertise across its residential and commercial developments. These partnerships provide the design and engineering capabilities needed to deliver projects ranging from 6-storey wood-frame condominiums to heritage revitalizations.
- UDI (Urban Development Institute)minorAreva Living is listed as a proud member of UDI (Urban Development Institute), a leading industry association for real estate developers in BC. This membership places Areva Living within a network of industry peers and provides access to industry advocacy, research, and events.
- BuiltGreen CanadaminorAreva Living is listed as a proud member of BuiltGreen Canada, a non-profit organization that promotes sustainable building practices in the residential construction industry. Membership signals a commitment to environmentally responsible development.
- Iredale ArchitecturecoreIredale Architecture is the architect for the First & Royal project (heritage revitalization in New Westminster) and the 1515 Rupert townhome project in North Vancouver. The firm provides architectural design services for Areva Living's residential developments.
- City of New WestminstercoreAreva Living is working closely with the City of New Westminster on the Columbia Theatre revitalization and the First & Royal heritage project, involving heritage preservation approvals, development permits, and community engagement.
- Pathways Serious Mental Illness SocietyminorCo-founder Adel Bellemlih has been volunteering with Pathways Serious Mental Illness Society since 2015, indicating a personal philanthropic connection between Areva Living's leadership and this non-profit organization.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
Areva Living competitors and assessment
Company assessmentDirect peers
- Anthem Properties: Vancouver-based developer of condos, townhomes, and mixed-use projects across Metro Vancouver and BC. Comparable to Areva Living on multi-family for-sale product, mixed-use heritage-adjacent urban infill, and similar sub-market geography.
- Adera Developments: BC homebuilder specializing in multi-family wood-frame condos and townhomes across Metro Vancouver. Closely matches Areva's 1515 Rupert and First & Royal product (6-storey wood-frame buildings, energy-efficient design) and shares the same Lower Mainland buyer pool.
- Wesgroup Properties: BC-based residential and mixed-use developer building for-sale and rental multi-family communities across Metro Vancouver. Directly comparable to Areva Living's combined for-sale + rental (City Suites-style) model and active in overlapping Lower Mainland sub-markets.
- Cressey Development Group: Vancouver-based multi-family residential developer with active for-sale condo and purpose-built rental pipeline across Metro Vancouver. Comparable to Areva Living's rental (City Suites) + for-sale dual model and Lower Mainland sub-market focus.
- Intracorp Homes: Vancouver-based residential developer of boutique mid-rise and high-rise condos with a design-led, customer-experience positioning. Comparable to Areva Living's emphasis on quality, energy efficiency, and customer care (Homeowner Care Platform).
- Polygon Homes: One of BC's largest residential homebuilders, focused on new for-sale multi-family condos and townhomes across Metro Vancouver and Vancouver Island. Polygon is a direct competitor to Areva Living's for-sale condo/townhome business and operates in many of the same sub-markets (North Vancouver, New Westminster, Burnaby).
- Ledingham McAllister: BC homebuilder with a long-standing presence building multi-family condos and townhomes in Metro Vancouver and Greater Victoria. Compares to Areva Living on for-sale residential product and on family-oriented 3+ bedroom townhome offerings in Lynn Creek-style sub-markets.
Broad incumbents
- Concord Pacific: Canada's largest residential developer, headquartered in Vancouver, with a multi-decade track record of master-planned condo communities across Metro Vancouver. Operates in many of the same sub-markets but at much greater scale; comparable to Areva Living on product type, not on company size.
- Onni Group: Large Vancouver-based real estate developer with for-sale condos, purpose-built rental, commercial, and mixed-use projects across Vancouver, Toronto, and Chicago. Closely comparable to Areva's diversified for-sale/rental/commercial platform at significantly larger scale.
- Bosa Properties: Vancouver-based residential and commercial developer active in Metro Vancouver, Calgary, and Seattle. Compares to Areva Living on multi-family condo development and on the integration of developer-controlled construction (Bosa Development) like Areva's collaboration model with 30+ architecture/engineering partners.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Areva Living social profiles
Digital presenceAreva Living financial estimates
Financial estimateRevenue estimate
Valuation estimate
Areva Living leadership team
Management profileNumber of profiles
Profiles13 records
Areva Living funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Areva Living 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 Areva Living
What does Areva Living do?
Areva Living develops, constructs, and sells residential real estate including condominiums, townhomes, and purpose-built rental apartment suites, primarily in British Columbia's Lower Mainland. The company also undertakes heritage revitalization projects (e.g., First & Royal, The Columbia Theatre) and develops commercial spaces (e.g., Mission Gateway, 718 Victoria St). Post-purchase support is provided through an interactive Homeowner Care Platform and 2/5/10-year home warranty insurance coverage as mandated by BC's Homeowner Protection Act.
Is Areva Living a public or private company?
Areva Living is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Areva Living founded?
Areva Living was founded in 2019. It employs 1 to 10 people.
Where is Areva Living based?
Areva Living is headquartered in Vancouver, Canada, in the North America region.
How does Areva Living make money?
Three revenue lines are on record. Residential Home Sales are the primary driver. The others are residential Rentals and commercial Spaces.
Who are Areva Living's main competitors?
Direct peers on record are Anthem Properties, Adera Developments, Wesgroup Properties, Cressey Development Group, Intracorp Homes, Polygon Homes and Ledingham McAllister. Broad incumbents are Concord Pacific, Onni Group and Bosa Properties.
Does Areva Living have an API?
No public API is recorded for Areva Living.
What industry is Areva Living in?
Areva Living's product category is Residential Real Estate Development. Its primary akta.pro industry code is BPAJAHAK, New Development / Declarant Transition Management, with a secondary code of THAGAEAM, Extended-Stay Brand Residences (Managed Residences). Its NAICS code is 236117 and its SIC code is 6552.