DISTRICT GROUP

What DISTRICT GROUP does

District Group (legal name: District Investments Group Inc.) is a privately held real estate investment, development, and asset management firm headquartered in Vancouver, British Columbia, founded in 2017. The company operates two wholly-owned subsidiaries: District Developments Corp, which pursues mixed-use and purpose-built rental residential projects, and District Projects Investment Corp, which acquires, develops, and manages real estate assets on behalf of capital partners and private investor clients, co-investing with them and generating management fees and carried interest. The portfolio spans 18 active projects with 3,000+ residential units in the pipeline, 200 acres of industrial land, and 120,000 square feet of office and retail space, with a stated gross project value under management exceeding $1B.

The product mix is concentrated in purpose-built rental residential — apartments, townhomes, walk-in suites, and duplex/fourplex homes — delivered through master-planned communities (Carrington Park, Holland Creek, Anderson Hill), mid-rise urban infill (The Rex, Monarch, The Scott, Parkway, Harris Quarter, Oslo on Fifth), and specialized product (seniors housing at Anderson Hill, for-sale strata at Tanya Drive). Revenue is generated through three streams: recurring rental income from stabilized properties, one-time development margin on delivered for-sale and completed rental phases, and asset management fees plus carried interest from capital partner relationships.

District markets and leases directly to end-users (renters and buyers) through project-specific websites and the corporate site, with offices at 650-1190 Melville Street in Vancouver. The firm employs 11-50 people, indicating a capital-light operating model that relies on co-investment capital and outsourced construction and property management. Geographic footprint covers British Columbia (Vancouver Island, Okanagan, Shuswap, Fraser Valley), with stated expansion into Alberta and the western United States.

Name

DISTRICT GROUP

Legal name

District Investments Group Inc.

Website

https://districtgroup.ca

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

DISTRICT GROUP is a Vancouver-based real estate investment, development, and asset management firm operating 18 projects and 3,000+ residential units across British Columbia, Alberta, and the western United States, serving renters, homebuyers, and capital partners.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (237210), Lessors of Real Estate (5311), Residential Property Managers (531311)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Lessors Of Real Property, Nec (6519), Real Estate Dealers (For Their Own Account) (6532)

akta.pro primary industry

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

akta.pro secondary industries

Single-Family Rental (SFR) Property Management (BPAJAFAB), Land Brokerage (Raw Land & Development Sites) (FSAEAJAD)

Keywords

• Real estate development
• Purpose-built rental
• Asset management
• Mixed-use properties
• Master-planned communities

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Rental Income: District Group generates revenue through rental income from their purpose-built residential properties including apartments, townhomes, and mixed-use developments. Properties include The District at Predator Ridge (60-unit residential complex), The Rex (206 units in Abbotsford), Merewood Apartments (253 units across two phases in Parksville), North Point Apartments (300 units across two phases in Nanaimo), and various other rental communities.
2. Property Development and Sales: The company develops properties for sale including for-sale homes like Tanya Drive (56-unit multifamily residential enclave in Nanaimo). Development encompasses the full process from due diligence, financing, municipal approvals, building and design programming, construction management, to marketing, sales and leasing.
3. Asset Management and Investment Management: District Projects Investment Corp acquires, develops and manages real estate asset investments for capital partners and private investor clients. The company co-invests with partners and takes on acquisition and development risk at early stages, generating management fees and carried interest.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

District Group is a real estate investment, development, and asset management company that acquires, develops, and manages purpose-built rental residential, mixed-use, and master-planned community properties. Operating through two subsidiaries — District Developments Corp (development) and District Projects Investment Corp (investment management for capital partners) — the company owns and operates 18+ development projects with more than 3,000 residential units across British Columbia, Alberta, and the western United States.

Product overview

District Group is a real estate investment, development, and asset management company offering a diversified portfolio of residential and mixed-use real estate products across British Columbia, Alberta, and the western United States. The company operates primarily through two sub-brands: District Developments Corp (focused on real estate development) and District Projects Investment Corp (focused on investment and asset management). The product portfolio includes 18+ distinct development projects spanning purpose-built rental residential (apartments, townhomes, walk-in suites), mixed-use complexes with ground-floor retail/commercial, and master-planned communities. Projects range from small boutique developments like Sixth + Wallace (commercial) to large-scale communities like Holland Creek (45 acres) and Anderson Hill (23 acres). The company focuses on Vancouver Island and Okanagan regions in BC, with particular emphasis on multifamily rental housing.

Differentiator

Problem solved

Functional benefit

Products and services

• The District at Predator Ridge A 60-unit residential complex with townhomes and walk-in suites in Vernon, BC, offering access to Predator Ridge Resort amenities including championship golf courses, tennis courts, fitness centre, and hiking trails. Targeted at renters seeking resort-style living.
• The Residences at Carrington Park A 23-acre master-planned multifamily rental residential resort community in Westbank, BC featuring Garden Walkups, Apartment Buildings, and Townhouse Homes with amenities including a clubhouse, pool, pickleball courts, dog runs, and walking paths. Targeted at renters in the Okanagan region.
• Merewood Apartments A phased multi-family rental apartment complex in Parksville, BC. Phase 1 delivered 122 units across two four-storey buildings in 2022; Phase 2 delivered 131 units in 2024, for a combined 253 units. Targeted at renters on Vancouver Island.
• North Point Apartments A multi-family rental apartment complex in Nanaimo's Woodgrove Neighbourhood. Phase 1 consists of 3 buildings with 151 units completed in 2020; Phase 2 has 2 buildings with 149 units completing summer 2025. Targeted at renters in mid-Vancouver Island.
• The Rex A 206-unit, 6-storey mixed-use complex in Abbotsford with three rental apartment buildings and ground-level retail, located near the University of the Fraser Valley. Completed in 2021. Targeted at renters and ground-floor retail tenants.
• Oslo on Fifth A rental residential property in Sidney comprising the existing 60-suite Roberts Manor building plus a new 73-unit, 3-storey apartment building under development, scheduled to complete in 2023. Targeted at renters on the Saanich Peninsula.
• Park Ridge at Anderson Hill A multi-family complex comprised of duplex and fourplex homes in Port Alberni, part of the Anderson Hill master-planned community. Phases 1-3 are complete. Targeted at renters and homeowners.
• Parkway A mixed-use Victoria development featuring heritage building rejuvenation with new 2, 4 and 6-storey additions offering rental residential, commercial, and street-level retail at Cook Street and Pandora Avenue. Under construction with anticipated completion in 2024/2025.
• The Scott
• Aspens at Blind Bay A 36-unit modern craftsman-style townhome rental residential complex in Blind Bay, BC, inspired by the surrounding nature and lakeside living of the Shuswap region. Targeted at renters in the Shuswap.
• Holland Creek
• Anderson Hill
• Midtown Kelowna
• Monarch at Royal Bay
• Harris Quarter
• Sixth + Wallace Professional Centre
• District Projects Investment Corp (Investment Management)

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Wesgroup Properties: BC-focused real estate developer and asset manager with a portfolio spanning purpose-built rental, mixed-use, and commercial properties. Comparable in full-cycle capabilities and capital partner model.
• Concert Properties: Long-standing BC developer and owner of rental apartments, mixed-use, and seniors' housing. Closely comparable in build-to-rent focus, master-planned community model, and capital partner co-investment structure.
• Bosa Properties: Vancouver-based residential and mixed-use developer with both for-sale and rental product. Comparable in scale, BC-centric geographic concentration, and mix of master-planned and urban infill projects.
• Polygon Homes: One of BC's largest residential homebuilders with significant rental and multifamily activity. Comparable in residential development focus, BC footprint, and community-scale project execution.
• Onni Group: BC-based vertically integrated real estate developer active in purpose-built rental, mixed-use, and master-planned communities across Western Canada and the US. Highly comparable in product mix (multifamily rental, condos, commercial) and geographic footprint.
• Reliance Properties: Vancouver-based developer known for heritage rejuvenation combined with new-build rental and mixed-use (e.g., The Scott, Parkway-style projects). Closely comparable in BC urban infill, heritage/mixed-use execution, and rental focus.
• PCI Developments: Vancouver-based developer of master-planned communities, mixed-use, and commercial real estate. Comparable in master-planning expertise, BC concentration, and project scale.
• Intracorp Homes: BC-based developer of multifamily rental, condominiums, and mixed-use projects. Comparable in urban multifamily focus and integrated development-and-management capabilities.
• Cressey Development Group: BC developer with a strong focus on purpose-built rental apartments and mixed-use projects. Highly comparable in product type (multifamily rental), BC geographic focus, and integrated development-management approach.

Broad incumbents

• GWL Realty Advisors: Large Canadian real estate investment manager. Comparable on the District Projects Investment Corp side—managing institutional capital in multifamily and mixed-use real estate—though at a much larger scale and broader mandate.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/districtgroupca
• LinkedInlinkedin.com/company/districtgroup

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries2 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 DISTRICT GROUP