What Hyland Properties does

Hyland Properties is a private group of for-profit real estate development and property management companies operating under the sole ownership of Mennonite Central Committee (MCC), a global non-profit focused on relief, development, and peace. Founded in 2012 following what is described as the second-largest donation in Canadian history — Henry and Mary Rempel's real estate portfolio — the company operates under an endowment-style mandate: preserve capital and donate all net income to MCC's charitable programs. Headquartered in Abbotsford, British Columbia, Hyland develops, owns, and manages a diversified portfolio of residential rentals, single-family subdivisions, mixed-use developments, and commercial/industrial assets across BC and Alberta.

The portfolio spans more than 2,000 cumulative units and lots, including stabilized rental apartment buildings (Park Village-Pine Glen 250 units, Briarwood Apartments 72 units, Briarwood III 60 units of an eventual 241, Mountain View Manor 47 units, Summit 30, Pinegrove 60), major forward-sale and pre-development multifamily projects (Vara Surrey 288 units, District 121 Edmonton 396 units, The Grove Living Nanaimo 250–300 units, Woodland Place Langford 215 units, The Village on Central Prince George 500 units), the Menno Hall mixed-use project at UBC (86 rentals + 101 student residences + 10,000 sf institutional), completed subdivisions (Cedar Ridge Estates 133 lots, Promontory Ridge 127 homes, Elk Creek Estates 123 lots, Cascade 48 homes), and commercial/industrial holdings (Endowment Building 40,000 sf, Springhill Rd 75 acres). GTM operates across four channels: direct rental operations via the hylandliving.ca platform, institutional forward-sales of rental apartments, direct lot sales to homebuyers, and co-development partnerships with aligned builders (Carey Developments, Westbow Group, PCDA). Revenue is generated through recurring rental income, lot sales, and forward-sale recognition on development projects, with no public pricing or revenue disclosure.

Hyland's competitive positioning rests on three pillars: a capital structure unencumbered by land acquisition costs (the Rempel endowment seeded nearly all existing assets), demonstrated rezoning capability that multiplies permitted density on owned land (Briarwood density tripled from 72 to 241 units), and mission-aligned branding that attracts development partners, donors, and tenants seeking impact-driven housing. The company qualifies for municipal property tax exemptions on qualifying projects and is governed by a board with deep BC real estate pedigree. All operational surplus flows to MCC programs addressing clean water, maternal health, food security, and poverty relief globally, positioning Hyland as a hybrid for-profit/non-profit social enterprise rather than a conventional developer.

Name

Hyland Properties

Legal name

HyLand Properties

Website

https://hylandproperties.ca

Company type

Private

Founded year

2012

Operating status

Operating

Short description

Hyland Properties is a private BC-based real estate developer and property manager wholly owned by Mennonite Central Committee, operating an endowment of residential rentals, subdivisions, mixed-use, and industrial assets across British Columbia and Alberta with all net income donated to MCC's global charitable programs.

Ownership category

akta.pro rank

Product category

Residential and Commercial Real Estate Development

NAICS

New Housing For-Sale Builders (236117), New Multifamily Housing Construction (except For-Sale Builders) (236116), Lessors of Residential Buildings and Dwellings (53111)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operative Builders (1531), Real Estate Operators (No Developers) & Lessors (6510)

akta.pro primary industry

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

akta.pro secondary industry

Multifamily Apartment Property Management (BPAJAFAA)

Keywords

• Real estate development
• Property management
• Multifamily rental housing
• Residential subdivisions
• Commercial industrial property

Headquarters

HQ city

Abbotsford

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Rental Income: Net income from rental properties including apartments, residential buildings, and commercial/industrial spaces. Properties like Park Village (250 units), Mountain View Manor (47 units), Endowment Building (40,000 sq ft) generate ongoing rental revenue.
2. Property Development and Sales: Revenue from development projects including lot sales from subdivisions (e.g., Cedar Ridge Estates - 133 homes completed 2019) and forward-sales of rental apartments. Net income from all operations is donated to MCC.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels3 records

Core offering

Hyland Properties is a group of for-profit companies that develop, own, and manage income-producing real estate assets including multifamily rental apartments, residential subdivisions, and industrial/commercial buildings across British Columbia and Alberta. The company generates revenue through rental income from owned apartment buildings and lot sales from subdivisions, with all net income directed to Mennonite Central Committee's global relief, development, and peace initiatives.

Product overview

Hyland Properties is a real estate development and property management company that operates as a group of for-profit companies managing assets on behalf of its sole shareholder, MCC (Mennonite Central Committee). The company offers a diverse portfolio of residential and commercial properties across Canada, including rental apartments (Briarwood III, The Grove Living, Vara, Menno Hall, District 121, Woodland Place, Summit, Pinegrove, The Village on Central, Briarwood Apartments, Park Village-Pine Glen, Mountain View Manor), residential subdivisions (Promontory Ridge, Elk Creek Estates, Cedar Ridge Estates, Cascade), and industrial/commercial properties (Endowment Building, Springhill Rd Industrial). The company specializes in developing, acquiring, and managing income-producing real estate assets, with all net income used to support MCC's global relief, development, and peace initiatives.

Differentiator

Problem solved

Functional benefit

Products and services

• Briarwood III A 60-unit residential apartment building in Prince George, BC, completed February 2024 as Phase 1 of a multi-phase development. The project increased permitted density from 72 to 241 units through strategic rezoning and qualified for a five-year municipal property tax exemption.
• The Grove Living A multifamily residential development in Nanaimo's Rockwood neighborhood planned for 250-300 units upon completion. Construction of the first 75-unit building scheduled to begin Fall 2024.
• Vara (104 Ave Surrey) A 288-unit rental apartment development on 104th Ave in Surrey featuring gym, social lounges, and outdoor amenity space on a frequent transit corridor with skytrain access. Slated for completion in late 2026.
• Menno Hall A mixed-use development at UBC entrance in Vancouver comprising 86 market rental apartments, 101 student residences, and 10,000 sq ft of institutional space, featuring cutting-edge environmental sustainability.
• District 121 A 396-unit rental development in Edmonton, Alberta.
• Woodland Place A 215-unit rental development in Langford, BC.
• Summit A 30-unit residential property in Prince George.
• Pinegrove A 60-unit residential property in Prince George.
• The Village on Central A 500-unit mixed-use development in Prince George.
• Briarwood Apartments Two 36-unit, three-story apartment buildings on a 5-acre site in Prince George near the University of Northern BC. Donated by Mr. Rempel in January 2019, constructed in 1978, fully occupied with potential for future development.
• Park Village - Pine Glen Apartments 250 apartments across 21 twelve-unit buildings on two properties in a mature neighborhood, featuring large two and three bedroom suites ideal for families. Renovated by Wiebe Properties in 2016-19.
• Mountain View Manor A 47-unit apartment building in Courtenay, BC undergoing renovation including entire building envelope, windows, patio doors, common areas, and all bathrooms. Buildings are 50-60 years old.
• Promontory Ridge A 127-home development in Chilliwack including Benchley Creek (15 detached homes), Greenwood Trails (24 duplexes/single family), Southridge (56 detached homes), and 33 duplexes/single family homes on Sylvan Drive.
• Elk Creek Estates A 7-phase, 123-lot subdivision in Chilliwack on a mountain plateau. First five phases complete, 6th phase underway, 7th and final phase beginning soon.
• Cascade A 48-contemporary-home development on Marble Hill in Chilliwack, featuring yard space, double-car garages, and two floor plan designs.
• Cedar Ridge Estates A completed 133-lot single-family home subdivision in Parksville, Vancouver Island. Five-phased development completed over seven years in partnership with Carey Developments Ltd.
• Endowment Building A 40,000 sq ft industrial building on 3.7 acres in Abbotsford, BC, opened in 2016. Added to Hyland portfolio in 2020, housing tenants including Hyland offices, Wesco Distribution, Arrow Leadership, and Canada Post distribution center.
• Springhill Rd Industrial A 75-acre industrial land development in Parksville, BC.
• Hyland Living Rental Platform Online rental portal (hylandliving.ca and rentals.hylandproperties.ca) listing Hyland's available rental apartments for prospective tenants.

Quantifiable outcome

• $100,000 funds prenatal and antenatal care in Nigeria, training for traditional birth attendants, health services for children under five in South Sudan, and maternal health and nutrition groups in Kenya
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Pacific Centre for Discipleship Association (PCDA)coreStrategic or Co-development Partner · 1 June 2024PCDA secured a 1-acre parcel at UBC entrance and partnered with Hyland for development. Hyland serves as development partner for Menno Hall project combining 86 market rental apartments, 101 student residences, and 10,000sf institutional space. Groundbreaking scheduled June 2024 with cutting-edge environmental sustainability.
• Carey Developments Ltd.coreStrategic or Co-development Partner · 1 October 2019Partnership with Carey Developments Ltd. for Cedar Ridge Estates - 133 lot subdivision completed in Parksville, Vancouver Island over five phases over seven years. A long-term MCC donor served as project manager. Cedar Ridge Estates Inc. was created by Hyland to manage the project.
• Westbow GroupminorStrategic or Co-development PartnerWestbow Group partnered on MCC Legacy Trust projects including Promontory Ridge (127 homes in Chilliwack with Benchley Creek, Greenwood Trails, Southridge, and Sylvan Drive developments) and Cascade (48 duplex homes in Chilliwack).
• Mennonite Central Committee (MCC)coreStrategic or Co-development PartnerMCC is the sole shareholder of Hyland. Founded when Henry and Mary Rempel donated their real estate portfolio to MCC with stipulation that net income assists those in greatest need globally. MCC's vision is Relief, Development, and Peace in the name of Christ. Henry Rempel experienced MCC's support when his family immigrated from Ukraine in 1920s.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• QuadReal Property Group: Major Canadian real estate investor, developer, and property manager with significant multifamily rental and mixed-use exposure across BC and Western Canada. Comparable in property management and multifamily investment strategy at greater scale.
• Centurion Property Associates: Large Canadian multifamily investor and developer operating rental apartment portfolios nationally. Comparable in multifamily rental operating model and Canadian footprint, though larger and more diversified than Hyland.

Direct peers

• Onni Group: Major BC-based real estate developer and property manager with multifamily rental and mixed-use projects across Vancouver, Surrey, and Burnaby. Most directly comparable to Hyland's core BC multifamily development and long-term hold strategy.
• Polygon Homes: One of BC's largest residential homebuilders focused on townhomes, apartments, and single-family subdivisions. Comparable in residential subdivision execution (similar to Hyland's Cedar Ridge and Elk Creek portfolios).
• Intracorp Homes: Vancouver-based developer of multifamily rental and for-sale residential projects across Metro Vancouver. Closely comparable in mid-rise multifamily development pipeline and BC operating focus.
• Cressey Development Group: Established Vancouver-based developer specializing in mid-rise and high-rise multifamily rental and condominium projects. Directly comparable in product type and BC operating geography to Hyland.
• Townline Homes: BC-based residential and mixed-use developer active in Vancouver, Surrey, and the Lower Mainland. Comparable to Hyland in developing market-rate apartments and master-planned communities in similar BC submarkets.
• Wesgroup Properties: BC-focused developer building rental apartments, mixed-use communities, and master-planned neighborhoods in Vancouver, Surrey, and Langley. Comparable multifamily pipeline and regional concentration to Hyland.
• Concert Properties: Vancouver-based real estate company developing and managing rental apartments, mixed-use, and commercial properties across BC, Alberta, and Ontario. Closely aligned with Hyland's BC/Alberta footprint and rental hold strategy.
• Bosa Properties: Vancouver-based real estate developer of multifamily residential towers and master-planned communities across Metro Vancouver and Surrey. Comparable in scale of BC high-rise rental and condominium development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hyland-properties

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 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 Hyland Properties