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Killam Properties

Full company profile

uuid003h2ma

Namestring
Killam Properties
Legal namestring
Killam Apartment REIT
Company typeenum
Public
Founded yearint
2000
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersHalifax, Canada
HQ citystring
Halifax
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
residential REIT, rental apartments, manufactured homes, property development, real estate investment
Industry1 code
1Multifamily Apartment Property Management
CodeBPAJAFAAPrimaryYes
NAICS code2 codes
  • Rental and Leasing Services532
  • Residential Property Managers531311
SIC code2 codes
  • Operators Of Apartment Buildings6513
  • Real Estate Investment Trusts6798
Product category
Residential Real Estate (REIT)
Revenue model1 record
1Rental Income from Apartment Properties
TypeSubscription Recurring
Description

Killam Apartment REIT generates primary revenue through rental income from its portfolio of apartments and manufactured home community properties across Canada. The REIT owns, operates, manages, and develops these properties.

killamreit.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Killam Apartment REIT owns, operates, manages, and develops a portfolio of residential rental apartments, manufactured home communities, and seasonal resorts across seven Canadian provinces. The company generates recurring rental income from these properties, including subsidized housing delivered through non-profit and government partnerships. Residents access leasing and resident services through a web-based portal built on the RentCafe platform.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 87% resident happiness with current apartment overall
+2 more records
Product overview1 text field

Killam Apartment REIT is a growth-oriented Canadian real estate investment trust operating a diversified portfolio of residential properties. The core offering consists of rental apartments across multiple Canadian provinces (British Columbia, Nova Scotia, Alberta, PEI, Ontario, New Brunswick, Newfoundland), supplemented by manufactured home communities and seasonal resorts. The REIT develops new properties and manages existing ones through an integrated platform. Featured properties include Cedar Glen Apartments (New Brunswick), Rivers Edge II (Ontario), Northfield Gardens (Ontario), and Grid5 Apartments (Alberta). Residents access services through a web-based portal powered by RentCafe (Yardi Systems).

Product and service10 records
1Rental Apartments
CategoryResidential Rental Housing
Description

Residential rental apartments located across seven Canadian provinces (British Columbia, Alberta, Ontario, Nova Scotia, New Brunswick, PEI, Newfoundland), targeting individuals and families at varied life stages and budgets. Includes subsidized units delivered through non-profit and government partnerships.

2Manufactured Home Communities
CategoryResidential Rental Housing
Description

Manufactured home community properties offered as a rental housing option within Killam's portfolio.

3Seasonal Resorts
CategoryHospitality / Resort Properties
Description

Seasonal resort properties within Killam's real estate portfolio providing short-stay accommodation.

4Residential Property Development
CategoryReal Estate Development Services
Description

Development services for new residential construction projects within the Killam REIT portfolio.

5Cedar Glen Apartments
CategoryResidential Rental Housing
Description

Featured rental apartment property located at 9-28 Polaris Court and 9-33 Christopher Court, Saint John, New Brunswick.

6Rivers Edge II
CategoryResidential Rental Housing
Description

Featured rental apartment property located at 100 Eagle Street, Cambridge, Ontario.

7Northfield Gardens
CategoryResidential Rental Housing
Description

Featured rental apartment property located at 160-170 Wissler Road, Waterloo, Ontario.

8Grid5 Apartments
CategoryResidential Rental Housing
Description

Featured rental apartment property located at 618 5th Avenue SW, Calgary, Alberta.

9Resident Portal (SecureCafe / RentCafe)
CategoryResident Services Platform
Description

Online resident and applicant portal that supports rental applications, resident login, payments, and ongoing resident communications.

10Commercial Real Estate Leasing
CategoryCommercial Real Estate
Description

Commercial real estate offerings within the Killam portfolio, leased to business tenants via the dedicated commercial site.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Canadian residential REIT owning and operating multifamily apartments across multiple provinces, with a comparable long-term rental model and similar renter demographics.

TypeBroad incumbent
Description

Diversified Canadian REIT with a residential apartment portfolio among other asset classes; provides a broader benchmark for Canadian apartment operating performance.

TypeDirect peer
Description

Canadian-based residential rental company operating single-family rental and multifamily assets, sharing tenant demographics and the same Canadian rental housing thesis as Killam.

TypeBroad incumbent
Description

Large US multifamily REIT; a broader incumbent benchmark for operating best practices, development, and resident experience in apartment rentals.

TypeDirect peer
Description

Canadian residential REIT focused on mid-market and value-add apartments in Ontario, Quebec, and Alberta, with the same core business model of owning and operating rental apartments.

TypeBroad incumbent
Description

US multifamily REIT operating large-scale garden-style and townhome apartment communities; provides a broader incumbent comparison for residential REIT operations and unit economics.

TypeDirect peer
Description

Canadian multifamily REIT focused on urban rental apartments in Toronto, Ottawa, Montreal, Calgary, and Edmonton, with a comparable owned-and-operated apartment strategy.

TypeDirect peer
Description

Canadian residential REIT with apartments and townhomes across multiple provinces including Atlantic Canada, overlapping with Killam on geography, customer base, and rental model.

TypeDirect peer
Description

Largest Canadian pure-play multifamily REIT with apartments across Canada; the closest direct comparable in scale, business model, and customer base to Killam.

TypeDirect peer
Description

Canadian REIT owning and operating a portfolio of mid-market apartment buildings across multiple provinces, overlapping with Killam on renter segment and operational model.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Killam Properties

Residential Real Estate (REIT)killamproperties.com

Killam Properties firmographics

Firmographics
Name
Killam Properties
Legal name
Killam Apartment REIT
Website
https://killamproperties.com
Company type
Public
Founded year
2000
Operating status
Operating
Headcount range
501–1,000 employees
Ownership category
akta.pro rank

Killam Properties industry classification

Industry
Product category
Residential Real Estate (REIT)
NAICS
Rental and Leasing Services (532), Residential Property Managers (531311)
SIC
Operators Of Apartment Buildings (6513), Real Estate Investment Trusts (6798)
akta.pro primary industry
Multifamily Apartment Property Management (BPAJAFAA)

Keywords

  • Residential REIT
  • Rental apartments
  • Manufactured homes
  • Property development
  • Real estate investment

Where Killam Properties is headquartered

Location

Headquarters

HQ city
Halifax
HQ country
Canada
HQ region
North America

Offices1 record

Markets served

Killam Properties business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Infrastructure, Operations, Personnel, Supply Chain, Marketing or Sales, Others

Revenue model

  1. Rental Income from Apartment Properties: Killam Apartment REIT generates primary revenue through rental income from its portfolio of apartments and manufactured home community properties across Canada. The REIT owns, operates, manages, and develops these properties.

Distribution channels3 records

Marketing channels3 records

Killam Properties product offering

Product offering

Core offering

Killam Apartment REIT owns, operates, manages, and develops a portfolio of residential rental apartments, manufactured home communities, and seasonal resorts across seven Canadian provinces. The company generates recurring rental income from these properties, including subsidized housing delivered through non-profit and government partnerships. Residents access leasing and resident services through a web-based portal built on the RentCafe platform.

Product overview

Killam Apartment REIT is a growth-oriented Canadian real estate investment trust operating a diversified portfolio of residential properties. The core offering consists of rental apartments across multiple Canadian provinces (British Columbia, Nova Scotia, Alberta, PEI, Ontario, New Brunswick, Newfoundland), supplemented by manufactured home communities and seasonal resorts. The REIT develops new properties and manages existing ones through an integrated platform. Featured properties include Cedar Glen Apartments (New Brunswick), Rivers Edge II (Ontario), Northfield Gardens (Ontario), and Grid5 Apartments (Alberta). Residents access services through a web-based portal powered by RentCafe (Yardi Systems).

Differentiator

Problem solved

Functional benefit

Products and services

  • Rental Apartments Residential rental apartments located across seven Canadian provinces (British Columbia, Alberta, Ontario, Nova Scotia, New Brunswick, PEI, Newfoundland), targeting individuals and families at varied life stages and budgets. Includes subsidized units delivered through non-profit and government partnerships.
  • Manufactured Home Communities Manufactured home community properties offered as a rental housing option within Killam's portfolio.
  • Seasonal Resorts Seasonal resort properties within Killam's real estate portfolio providing short-stay accommodation.
  • Residential Property Development Development services for new residential construction projects within the Killam REIT portfolio.
  • Cedar Glen Apartments Featured rental apartment property located at 9-28 Polaris Court and 9-33 Christopher Court, Saint John, New Brunswick.
  • Rivers Edge II Featured rental apartment property located at 100 Eagle Street, Cambridge, Ontario.
  • Northfield Gardens Featured rental apartment property located at 160-170 Wissler Road, Waterloo, Ontario.
  • Grid5 Apartments Featured rental apartment property located at 618 5th Avenue SW, Calgary, Alberta.
  • Resident Portal (SecureCafe / RentCafe) Online resident and applicant portal that supports rental applications, resident login, payments, and ongoing resident communications.
  • Commercial Real Estate Leasing Commercial real estate offerings within the Killam portfolio, leased to business tenants via the dedicated commercial site.

Quantifiable outcome

  • 87% resident happiness with current apartment overall
  • +2 more outcomes

Companies that use Killam Properties

Customer profile

Segments2 records

Ideal customer profiles2 records

Killam Properties technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Killam Properties partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Killam Properties competitors and assessment

Company assessment

Direct peers

  • Boardwalk REIT: Canadian residential REIT owning and operating multifamily apartments across multiple provinces, with a comparable long-term rental model and similar renter demographics.
  • Tricon Residential: Canadian-based residential rental company operating single-family rental and multifamily assets, sharing tenant demographics and the same Canadian rental housing thesis as Killam.
  • InterRent REIT: Canadian residential REIT focused on mid-market and value-add apartments in Ontario, Quebec, and Alberta, with the same core business model of owning and operating rental apartments.
  • Minto Apartment REIT: Canadian multifamily REIT focused on urban rental apartments in Toronto, Ottawa, Montreal, Calgary, and Edmonton, with a comparable owned-and-operated apartment strategy.
  • Northview Residential REIT: Canadian residential REIT with apartments and townhomes across multiple provinces including Atlantic Canada, overlapping with Killam on geography, customer base, and rental model.
  • CAPREIT (Canadian Apartment Properties REIT): Largest Canadian pure-play multifamily REIT with apartments across Canada; the closest direct comparable in scale, business model, and customer base to Killam.
  • Morguard North American Residential REIT: Canadian REIT owning and operating a portfolio of mid-market apartment buildings across multiple provinces, overlapping with Killam on renter segment and operational model.

Broad incumbents

  • Morguard REIT: Diversified Canadian REIT with a residential apartment portfolio among other asset classes; provides a broader benchmark for Canadian apartment operating performance.
  • AvalonBay Communities: Large US multifamily REIT; a broader incumbent benchmark for operating best practices, development, and resident experience in apartment rentals.
  • Mid-America Apartment Communities: US multifamily REIT operating large-scale garden-style and townhome apartment communities; provides a broader incumbent comparison for residential REIT operations and unit economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

Killam Properties social profiles

Digital presence

Killam Properties financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Killam Properties leadership team

Management profile

Number of profiles

Killam Properties funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Killam Properties M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Killam Properties

What does Killam Properties do?

Killam Apartment REIT owns, operates, manages, and develops a portfolio of residential rental apartments, manufactured home communities, and seasonal resorts across seven Canadian provinces. The company generates recurring rental income from these properties, including subsidized housing delivered through non-profit and government partnerships. Residents access leasing and resident services through a web-based portal built on the RentCafe platform.

Is Killam Properties a public or private company?

Killam Properties is a public company. It is classified as public and is currently operating.

When was Killam Properties founded?

Killam Properties was founded in 2000. It employs 501 to 1,000 people.

Where is Killam Properties based?

Killam Properties is headquartered in Halifax, Canada, in the North America region.

How does Killam Properties make money?

One revenue line is on record: rental Income from Apartment Properties.

Who are Killam Properties's main competitors?

Direct peers on record are Boardwalk REIT, Tricon Residential, InterRent REIT, Minto Apartment REIT, Northview Residential REIT, CAPREIT (Canadian Apartment Properties REIT) and Morguard North American Residential REIT. Broad incumbents are Morguard REIT, AvalonBay Communities and Mid-America Apartment Communities.

Does Killam Properties have an API?

No public API is recorded for Killam Properties.

What industry is Killam Properties in?

Killam Properties's product category is Residential Real Estate (REIT). Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management. Its NAICS code is 532 and its SIC code is 6513.

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Live signals
GlobeNewswireKillam Properties Inc. Finalizes Conversion to a Real Estate Investment TrustKillam Properties Inc. completed its conversion to a real estate investment trust effective January 1, 2016, with units trading on the Toronto Stock Exchange under the symbol KMP.UN. The REIT, one of Canada's largest residential landlords, holds $1.8 billion in real estate assets and plans to grow through acquisitions and development.GlobeNewswireKillam Properties Inc. Reminds Shareholders to Vote In Favour of the Proposed REIT Conversion and Enhances Governance PoliciesKillam Properties Inc. reminded shareholders to vote for its proposed REIT conversion, with a special meeting on December 8, 2015. The board approved amendments to the REIT's Declaration of Trust, raising quorum to 25% and removing advance notice limits. The arrangement is expected to become effective on or about January 1, 2016.GlobeNewswireKillam Properties Inc. Announces November 2015 DividendKillam Properties Inc. declared a $0.05 per common share dividend, payable December 15, 2015 to shareholders of record on November 30, 2015. The company also offers a Dividend Reinvestment Plan that provides an additional 3% share distribution on reinvested dividends.GlobeNewswireKillam Properties Inc. Provides Information on Proposed REIT ConversionKillam Properties received court approval for a special meeting to consider converting to a REIT. Shareholders will receive one REIT unit per common share, with a deadline of December 3, 2015 to elect exchangeable units. The arrangement is expected to become effective on or about January 1, 2016.GlobeNewswireKillam Properties Inc. Announces Proposed Conversion to a Real Estate Investment TrustKillam Properties Inc. announced its board approved converting to a real estate investment trust, with a shareholder meeting on December 8, 2015. The REIT would pay $0.05 monthly per unit, and the conversion is expected to complete on January 1, 2016.GlobeNewswireKillam Properties Inc. Announces September 2015 DividendKillam Properties Inc. declared a $0.05 per common share dividend, payable October 15, 2015 to shareholders of record September 30, 2015. The company also offers a Dividend Reinvestment Plan that provides an additional 3% share distribution on reinvested dividends.GlobeNewswireKillam Properties Inc. Announces August 2015 DividendKillam Properties Inc. declared a $0.05 per common share dividend, payable September 15, 2015 to shareholders of record August 31, 2015. The company also offers a Dividend Reinvestment Plan that provides an additional 3% share distribution on reinvested dividends.GlobeNewswireKillam Properties Inc. Announces Strong Q2-2015 Results, Including 16.7% Growth in FFO Per Share, and $16.7 Million in AcquisitionsKillam Properties reported Q2-2015 FFO per share of $0.21, up 16.7% year-over-year, and AFFO per share of $0.18, up 12.5%. The company completed $16.7 million in acquisitions during the quarter, including an $8.3 million purchase of a Saint John property. Management expects Saginaw Gardens to be fully occupied by year-end.GlobeNewswireKillam Properties Inc. Announces July 2015 DividendKillam Properties Inc. declared a $0.05 per common share dividend, payable August 17, 2015 to shareholders of record July 31, 2015. The company also offers a Dividend Reinvestment Plan that provides an additional 3% share distribution on reinvested dividends.GlobeNewswireKillam Properties Inc. Announces Timing of Second Quarter 2015 Results and Conference CallKillam Properties Inc. will release its second-quarter 2015 results on August 5, 2015, after market close, and hold a conference call on August 6 at 11:00 AM Eastern Time. The call will be webcast and replayed for 90 days.