Wesbild

What Wesbild does

Wesbild Holdings Ltd. is a privately held real estate development company founded in 1981 and headquartered in Vancouver, British Columbia, operating as a subsidiary of Persis Holdings Ltd. The company develops and manages residential, commercial, industrial, and mixed-use real estate projects across Western Canada, primarily in British Columbia and Alberta, with brand identity built around 40+ years of award-winning master-planned community development.

The company's portfolio spans four core product lines: master-planned residential communities (Predator Ridge in the Okanagan Valley with nearly 1,000 units built-to-date, Burke Mountain in Coquitlam including the new Towns at Burke, and Turtle Mountain in Vernon); commercial properties comprising eight retail centres and office towers across BC and Alberta (notably Pacific Place in Calgary with 187,000 sq ft and Poco Place in Port Coquitlam with over 160,000 sq ft); industrial strata developments led by Marine Landing — Western Canada's largest twin-stacked industrial and office strata now housing 240+ businesses across two completed buildings; and the Predator Ridge resort operation, which includes two championship golf courses, hospitality, dining, event facilities, and seasonal long-term rentals. Notable recent additions include The Ritz-Carlton Residences at Predator Ridge (2024), the first standalone Ritz-Carlton branded residences in Canada.

Wesbild's revenue model combines one-time real estate sales — residential homes, lots, and industrial strata units sold directly to buyers — with recurring commercial leasing income and resort operations revenue from golf, hospitality, dining, and events. Distribution occurs through direct sales teams, on-site sales centres at development locations, a network of real estate brokers including Jane Hoffman Realty, and building partners such as Carrington Communities for residential construction. The leadership team is family-controlled: Hassan Khosrowshahi serves as Chairman (Order of Canada, 2016; Canadian Business Hall of Fame, 2022), Kevin Layden as President and CEO, with Jonathan Reid recently appointed as Senior Vice-President of Okanagan operations and Brad Pelletier transitioning to an advisory role.

Name

Wesbild

Legal name

Wesbild Holdings Ltd.

Website

https://inwest-investments.com

Company type

Private

Founded year

1981

Operating status

Operating

Short description

Wesbild Holdings Ltd. is a privately held real estate developer founded in 1981 that builds master-planned residential communities, commercial properties, industrial strata projects, and the Predator Ridge resort across Western Canada.

Ownership category

akta.pro rank

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, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Residential Property Sales: Wesbild develops and sells residential homes, townhomes, and lots in master-planned communities including Predator Ridge and Burke Mountain. Revenue is generated through direct sales of completed homes and pre-sales of properties under development.
2. Commercial Leasing: Wesbild owns and manages commercial properties including retail plazas, office towers, and mixed-use developments. Properties include Brock Centre, Hunterhorn Plaza, Pacific Place, Poco Place, and others that generate recurring rental income.
3. Industrial Strata Sales: Wesbild develops and sells industrial strata units to businesses, as exemplified by Marine Landing - Western Canada's largest stacked industrial and office strata development.
4. Resort Operations: Through Predator Ridge resort, Wesbild generates revenue from golf courses, hospitality services, dining, event spaces, and resort amenities including the Range Lounge & Grill and long-term rentals.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Wesbild is a real estate development company that builds and sells single-family homes, duplexes, and townhomes within master-planned residential communities across Western Canada, including Burke Mountain in Coquitlam, BC and Predator Ridge in the Okanagan Valley. The company also develops, leases, and sells commercial retail/office properties and industrial strata units, and operates the Predator Ridge resort and golf property.

Product overview

Wesbild is a privately held real estate development company that has been building award-winning master-planned communities for over 40 years. The company operates as a single unified business offering residential communities, commercial properties, industrial spaces, and mixed-use developments across Western Canada. The core product portfolio spans: Residential Development (including Predator Ridge Resort in the Okanagan, Burke Mountain and Towns at Burke in Coquitlam, and Turtle Mountain in Vernon); Commercial Properties (retail centres and office towers including Poco Place, Pacific Place, and Lions Gate Marine Centre); Industrial Spaces (Marine Landing in Vancouver, Western Canada's largest stacked industrial strata); and Community Giving & ESG Programs. The company also develops specialized neighborhoods within its master-planned communities such as The Commonage, Outlook, Wildsong, and FieldGlass at Predator Ridge.

Differentiator

Problem solved

Functional benefit

Brands

• Predator Ridge: Master-planned resort community located in the Okanagan Valley featuring golf courses, residential homes, and resort amenities. One of Canada's premier resort communities.
• Towns at Burke
• Turtle Mountain
• Burke Mountain
• Marine Landing
• Poco Place

Products and services

• Burke Mountain Master-Planned Community Master-planned residential community in Coquitlam, BC offering single-family homes, duplexes, townhomes, and apartments for individual homebuyers, with integrated neighbourhood commercial, schools, parks, and trails.
• Predator Ridge Resort Community Master-planned resort community in the Okanagan Valley offering single-family homes, cottages, and resort-style living with two golf courses, dining venues, event spaces, and short-term accommodation rentals for individual consumers and resort guests.
• Turtle Mountain Residential Community Established residential community in Vernon, BC consisting of single-family homes sold to individual homebuyers.
• Poco Place Two-storey commercial building in Port Coquitlam, BC leased to retail and office tenants.
• Pacific Place Established commercial building in the Tri-Cities area of Metro Vancouver serving retail and office tenants.
• Brock Centre Established commercial building in Coquitlam, BC serving retail and office tenants.
• Hunterhorn Plaza Established commercial building in the Tri-Cities area of Metro Vancouver serving retail and office tenants.
• Marine Landing Industrial Strata Industrial strata complex in North Vancouver, BC providing individually owned industrial units for business purchasers.
• Lions Gate Marine Centre Established commercial building in North Vancouver, BC serving marine-related and other commercial tenants.
• Lions Gate Mini Storage Established mini-storage property in North Vancouver, BC providing self-storage rentals to consumers and businesses.
• Predator Ridge Resort Accommodation and Golf Resort hospitality operation at Predator Ridge offering golf on two courses, rental accommodations, event spaces, and dining venues for resort guests, weddings, and corporate retreats.

Quantifiable outcome

• Predator Ridge voted Best BC Golf Course for 5 consecutive years by The Georgia Straight readers
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Nine partnerships are on record, tiered minor and core.

• Family Services of Greater VancouverminorStrategic or Co-development Partner · 9 October 2024Marine Landing became part of the Caring Neighbours Community with Family Services of Greater Vancouver (FSGV), supporting vulnerable Vancouver families during holidays.
• Immigrant Link Centre Society (ILCS)minorStrategic or Co-development Partner · 5 July 2024Wesbild donated $125,000 to Immigrant Link Centre Society, a local non-profit focused on eliminating food waste based in Coquitlam, BC.
• Carrington CommunitiescoreChannel Partner/ Reseller/ Distributor · 24 November 2022Carrington Communities, a leader in multi-family residential construction since 1973, became a new building partner at Predator Ridge. They are developing three multi-family sites as part of the community, with Vista condominiums under construction as of 2023.
• Hyde Creek Watershed SocietycoreStrategic or Co-development Partner · 21 October 202220-year partnership (since 2002) with Hyde Creek Watershed Society to enhance fish and wildlife habitat at Hyde Creek in Burke Mountain area. Wesbild donated $10,000 in 2022 in honor of the partnership and long-time HCWS volunteer Shane Peachman.
• UBC OkanaganminorStrategic or Co-development Partner · 3 July 2018Predator Ridge partnered with UBC Okanagan (Dr. Soheil Mahmoud, BC Lavender Network) to study lavender varieties at the Commonage. Research focuses on determining which lavender varieties grow best in cooler climates and exploring potential for essential oils with local signatures.
• Sparkling Hill ResortcoreStrategic or Co-development Partner · 2 April 2012Predator Ridge Resort and Sparkling Hill Resort entered into a preferred partnership and marketing alliance. The combination gives Predator Ridge homeowners and guests exclusive access to the KurSpa at Sparkling Hill with special day rates.
• KingSett CapitalcoreStrategic or Co-development PartnerWesbild and KingSett Capital partnered on Marine Landing, Western Canada's largest twin stacked industrial strata development. The second and final building was completed, with 140 businesses moving in, adding to the 100+ business community in the first building.
• Jane Hoffman RealtycoreChannel Partner/ Reseller/ DistributorPredator Ridge entered a strategic partnership with Jane Hoffman Realty marking an exciting new chapter for one of Canada's premier resort communities.
• SHARE Family & Community ServicescoreStrategic or Co-development PartnerFor 20 years, Wesbild has partnered with SHARE Family & Community Services, an organization dedicated to supporting individuals and families in the Tri-Cities. This long-standing collaboration has helped provide critical resources to those in need. In 2024, Wesbild was presenting sponsor of the IMAGINE Gala for the 14th consecutive year.

Scale indicators9 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Aquilini Group: BC-based diversified real estate company with residential, commercial, and agricultural holdings; comparable to Wesbild's diversified BC asset platform.
• Shape Properties: BC developer focused on master-planned mixed-use communities in Metro Vancouver — directly comparable to Wesbild's Poco Place redevelopment and transit-oriented proposals.
• Macdonald Development Corporation: Western Canada-focused developer of residential, commercial, and mixed-use projects with operations in BC and Alberta, similar geographic footprint to Wesbild.
• Beedie Development Group: BC-based real estate developer and industrial landowner known for industrial strata projects (Beedie Lane and similar), directly comparable to Wesbild's Marine Landing — Western Canada's largest stacked industrial strata.
• Polygon Homes: One of BC's largest residential developers building master-planned communities and multi-family homes across the Lower Mainland, comparable to Wesbild's Burke Mountain and Predator Ridge communities.
• Onni Group: Vancouver-based vertically integrated developer of residential, commercial, and mixed-use projects across Western Canada and the US, comparable in scale and asset-class breadth to Wesbild.
• Concert Properties: BC-based real estate developer of residential rental, commercial, and mixed-use properties; comparable to Wesbild's portfolio across residential, commercial, and industrial segments.
• Cressey Development Group: BC-based developer of residential high-rise, mixed-use, and commercial properties across Metro Vancouver, directly comparable to Wesbild's mixed-use and residential product lines.
• Wesgroup Properties: Lower Mainland-focused developer of residential master-planned communities, rental apartments, and mixed-use projects, closely comparable to Wesbild's community-development approach.
• Bosa Properties: BC-based developer of residential high-rises and master-planned communities, with comparable activity in the Metro Vancouver market where Wesbild operates.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 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 Wesbild