Killam Apartment Real Estate Investment Trust
About
Killam Apartment REIT engages in the ownership, management and development of multi-family residential properties. It operates through the following segments: Apartments, Manufactured Home Communities, and Other. The Apartments segment includes property revenue, property operating expenses and fair value of investment property by region.
The Manufactured Home Communities segment owns the land and infrastructure supporting each community and leases the lots to the tenants who own their own homes and pay Killam a monthly rent. The Other segment includes four commercial properties located in Nova Scotia. The company was founded by Philip D. Fraser and Robert G. Richardson on May 26, 2000 and is headquartered in Halifax, Canada.
Growth
Killam Apartment REIT is an established enterprise in the Canadian real estate market, focusing on owning, operating, managing, and developing a portfolio of apartments and manufactured home community properties. With a significant presence and a diverse range of properties, Killam has solidified its position in the industry and continues to expand its offerings to cater to various housing needs and preferences.
Achievements
Killam has achieved several key milestones over the years, including substantial revenue growth and market penetration. The company's high resident satisfaction rates, as indicated by 90% of residents being happy with their apartments and 87% willing to recommend Killam to others, showcase its commitment to providing quality living spaces. Additionally, expanding its portfolio to include different types of properties, such as seasonal resorts and manufactured homes, has been a notable achievement for Killam.
Case Studies
One notable case study involving Killam revolves around transforming communities through its well-managed and maintained properties. By focusing on resident satisfaction and creating vibrant living environments, Killam has successfully fostered a sense of community among its residents, leading to long-term tenancy and positive word-of-mouth referrals. The company's approach to sustainable and ethical real estate practices also serves as a benchmark for the industry.
Socials
Website
Founded
-
Operating Status
Active
Industry
Real Estate/Construction
headquarters
Address
3700 Kempt Road Suite 100 Halifax Nova Scotia B3K 4X8 Canada...
Country
Canada
Employees
-
Key People
Robert G. Richardson (Executive Trustee & Executive Vice President)
Andr?e Savoie (Trustee)
Philip D. Fraser (President, CEO & Executive Trustee)
Brian Jessop (Vice President-Operations)
Dale Noseworthy (Chief Financial Officer)
Revenue
345.94 M
Operating Income
Stock Price
$19.08
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Killam Apartment Real Estate Investment Trust
-
Website
-
Founded
-
-
Industry
Real Estate/Construction
-
Address
3700 Kempt Road Suite 100 Halifax Nova Scotia B3K 4X8 Canada...
-
Country
Canada
-
Number of employees
-+
-
Revenue
345.94 M
About Killam Apartment Real Estate Investment Trust
Killam Apartment REIT engages in the ownership, management and development of multi-family residential properties. It operates through the following segments: Apartments, Manufactured Home Communities, and Other. The Apartments segment includes property revenue, property operating expenses and fair value of investment property by region.
The Manufactured Home Communities segment owns the land and infrastructure supporting each community and leases the lots to the tenants who own their own homes and pay Killam a monthly rent. The Other segment includes four commercial properties located in Nova Scotia. The company was founded by Philip D. Fraser and Robert G. Richardson on May 26, 2000 and is headquartered in Halifax, Canada.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
