WestStone Group
- Company typePrivate
- Founded1994
- HeadquartersSurrey, Canada
- Headcount11–50
- GTM typeB2C
- OfferingServices
WestStone Group firmographics
Firmographics- Name
- WestStone Group
- Legal name
- WestStone Group
- Website
- https://weststonegroup.com
- Company type
- Private
- Founded year
- 1994
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
WestStone Group industry classification
Industry- Product category
- Real Estate Development
- NAICS
- New Housing For-Sale Builders (236117), New Single-Family Housing Construction (except For-Sale Builders) (236115), Lessors of Other Real Estate Property (53119)
- SIC
- Operative Builders (1531), Land Subdividers & Developers (No Cemeteries) (6552), General Bldg Contractors - Residential Bldgs (1520)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industry
- Commercial Real Estate Asset Management (BPAJAMAB)
Keywords
Where WestStone Group is headquartered
LocationHeadquarters
- HQ city
- Surrey
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
WestStone Group business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Residential Property Sales: WestStone Group develops and sells residential condominium units and townhomes to individual buyers as part of master-planned communities.
- Purpose-Built Rental Housing: The company produces purpose-built affordable rental housing units, generating recurring rental income from tenants.
- Commercial Leasing: WestStone leases retail and office commercial spaces in their developments (e.g., Evolve project with 14,676 SF of commercial space and Metro with 11,867 SF of ground floor commercial retail space).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | 2nd Floor Office Space at Evolve |
| Subscription | Annual | Commercial Retail at Evolve |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
WestStone Group product offering
Product offeringCore offering
WestStone Group is a British Columbia-based real estate development company that invests in, develops, constructs, and manages master-planned residential and commercial properties. The company delivers condominium units, purpose-built rental housing, and mixed-use developments across British Columbia, Alberta, and Arizona, with technology-enabled amenities such as virtual concierge services, EV charging, carshare, and smart space planning integrated into its communities.
Product overview
WestStone Group is a British Columbia-based real estate development company focused on delivering thoughtfully designed master planned communities. Founded in 1994, the company operates through a portfolio of residential rental and commercial projects across British Columbia, Alberta, and Arizona. Current active projects include Metro (514-unit woodframe rental village), Neon (three-tower concrete condominium development with ~1,200 units), Innovation Village (medical-district mixed-use development with ~925 residential units and 68,000 SF commercial), and Vidal (boutique rental/condo development in White Rock). Completed projects span markets including Fusion (147-unit rental), Evolve (407-unit high-rise with commercial), and extensive Arizona portfolios of single-family homes and townhomes. The portfolio encompasses over 6,500 homes completed or under development totaling approximately 5.7 million SF. WestStone also operates commercial leasing for retail and office spaces. Technology-enabled amenities featured across properties include virtual concierges, social media sound studios, smart furniture solutions, electric car charging infrastructure, and carshare provisions. The company demonstrates commitment to community through initiatives like Mercy Children Society supporting education in Ethiopia.
Differentiator
Problem solved
Functional benefit
Products and services
- Metro
- Neon
- Innovation Village
- Vidal
- Evolve
- Fusion
Quantifiable outcome
- Over 6,500 homes completed, in design, or under construction
- +2 more outcomes
Companies that use WestStone Group
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles3 records
WestStone Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
WestStone Group partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Keystone ArchitecturecoreWestStone Group collaborates with Keystone Architecture on the Vidal project redevelopment application in White Rock, BC. Keystone Architecture is the architectural partner responsible for the design of the 6-storey, 139-unit wood frame building proposal submitted to the City of White Rock.
- Bonds Group of CompaniescoreWestStone Group partnered with Bonds Group of Companies to develop the NEON project, the final three phases of the master planned West Village community in Surrey's City Centre. NEON features three modern and architecturally distinct high-rise concrete condominiums.
- Tirzah Children and Community Development AssociationminorThe Regehr family (founder of WestStone Group) partnered with Tirzah Children and Community Development Association, an Ethiopian NGO, in 2016 to provide financial support for helping children in Ethiopia. In 2018, Mercy Charitable began a joint venture with Tirzah to acquire and renovate a school for 200 children in Ethiopia.
- City of Surrey (Innovation Boulevard Initiative)coreInnovation Village supports the City of Surrey's 'Innovation Boulevard' initiative, a partnership of health, business, higher education, and government. WestStone is developing a comprehensive residential, medical facility, and commercial project on 5.1 acres across from Surrey Memorial Hospital as part of this initiative.
Scale indicators7 records
WestStone Group competitors and assessment
Company assessmentDirect peers
- Onni Group: Vancouver-based real estate developer of master-planned residential, commercial, and rental communities across BC, Washington, and California. Comparable in mixed-use master-planning strategy and Lower Mainland focus.
- Adera Development: BC-based residential developer focused on wood-frame multi-family and sustainable communities in Metro Vancouver. Comparable in product type and Lower Mainland geography, with similar mid-density focus.
- Anthem Properties: BC-based developer of master-planned communities, mixed-use developments, and commercial properties in Western Canada. Similar product mix spanning for-sale, rental, and commercial.
- Polygon Homes: Major BC residential developer of multi-family homes, townhomes, and condos across the Lower Mainland and Vancouver Island. Closely comparable in product type (multi-family for-sale), geography, and buyer segment.
- Cressey Development Group: Vancouver-based developer of residential, mixed-use, and commercial properties in Metro Vancouver. Comparable in high-rise residential and commercial mixed-use product offering.
- Concord Pacific: One of the largest master-planned community developers in Greater Vancouver/BC, building high-rise residential and mixed-use projects. Directly comparable to WestStone's master-planned, amenity-driven approach in Metro Vancouver.
- Beedie Development Group: BC-based industrial and residential developer with significant master-planned community presence in Metro Vancouver. Comparable in master-planned community execution and Lower Mainland focus.
Broad incumbents
- D.R. Horton: Largest US homebuilder by volume, active in Arizona where WestStone has 1,000+ completed homes. Broad incumbent with Phoenix-area single-family and townhome operations comparable to WestStone's Arizona portfolio.
- Brookfield Residential: Large North American master-planned community developer with Western Canadian operations. Broader incumbent with greater capital depth, comparable in master-planning approach but at much larger scale.
Emerging players
- Landa Global Properties: BC-focused developer of purpose-built rental and multi-family residential communities. Comparable in purpose-built rental focus and Metro Vancouver operating geography.
Market position
Strengths5 records
Weaknesses5 records
Key risks6 records
Key highlights7 records
Customer concentration
WestStone Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
WestStone Group leadership team
Management profileNumber of profiles
Profiles1 record
WestStone Group subsidiaries and ownership
Company hierarchySubsidiaries1 record
WestStone Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
WestStone Group 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 WestStone Group
What does WestStone Group do?
WestStone Group is a British Columbia-based real estate development company that invests in, develops, constructs, and manages master-planned residential and commercial properties. The company delivers condominium units, purpose-built rental housing, and mixed-use developments across British Columbia, Alberta, and Arizona, with technology-enabled amenities such as virtual concierge services, EV charging, carshare, and smart space planning integrated into its communities.
Is WestStone Group a public or private company?
WestStone Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was WestStone Group founded?
WestStone Group was founded in 1994. It employs 11 to 50 people.
Where is WestStone Group based?
WestStone Group is headquartered in Surrey, Canada, in the North America region.
How does WestStone Group make money?
Three revenue lines are on record. Residential Property Sales are the primary driver. The others are purpose-Built Rental Housing and commercial Leasing.
Who are WestStone Group's main competitors?
Direct peers on record are Onni Group, Adera Development, Anthem Properties, Polygon Homes, Cressey Development Group, Concord Pacific and Beedie Development Group. Broad incumbents are D.R. Horton and Brookfield Residential. Landa Global Properties is listed as an emerging player.
Does WestStone Group have an API?
No public API is recorded for WestStone Group.
What industry is WestStone Group in?
WestStone Group's product category is Real Estate Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAJAMAB, Commercial Real Estate Asset Management. Its NAICS code is 236117 and its SIC code is 1531.