We help non-profits make their housing growth goals a reality.
Western Vertical is a development management team that works directly with non-profits — as an extension of your own team — to evaluate, manage, and execute on real estate projects from concept to completion.
We bring unsurpassed experience in housing financing, acquisition, development, and construction, and put it to work on your behalf to meet your organization’s goals.
Who we work with:
We help deliver the housing results you need.
Why non-profit organizations partner with Western Vertical:
Proven Project Funding Model
We have helped our non-profit clients secure over $108 million in government grants, impact investing, equity, and low-interest construction loans over the last 24 months – more than any other team.
Expertise that Reduces Risk
Our team has managed some of the most complex housing projects in Western Canada. That knowledge — applied to non-market housing — simplifies decisions and reduces risk at every stage.
Collaborative, Mission-Driven Partnerships
We work closely with non-profits & their boards to understand each organization’s mandate and ensure that social outcomes — not just financial ones — stay at the center of every decision.
A Concept-to-Completion Partner
We are with our non-profit partners every step of the way – from initial feasibility assessment to handing over the keys to a finished project – providing continuity through every stage.
We help clients source land, secure funding, and develop projects from start to finish.
A track record of excellence for our non-profit clients.
$108m+
In grants, equity & financing secured for non-market clients
1,100+
Affordable & mixed-income units acquired or managed by Western Vertical
4
Federal & municipal non-market land sale sites secured for clients
$418m+
In affordable & non-market project value delivered or under management
Our grant & loan packages help non-profits fund the housing they want to develop:
$42.6m
Provincial grants secured
$24.5m
Municipal grants secured
$23.3m
Federal & impact loans secured
$6.1m
Federal grants secured
A Proven Process for Development Success.
WV Development Management System
Our development system is designed to create clear outcomes for you & your board every step of the way.
PHASE
STEP
Foundation
00
WHAT WE DO
We create clarity around your organization’s financial capacity for growth.
Feasibility
01
Complete a thorough feasibility analysis reviewing a site’s development capacity.
Due Diligence
02
Run due diligence on site acquisitions & apply for non-market land sales for affordable development.
Design
03
Refine project design to meet target clientele, organizational & financial goals.
Approve
04
Manage the project through the City approvals process, advancing design.
Produce
05
Prepare construction documentation to help prepare for competitive tender, mitigating cost risk.
Tender & Finance
06
Ensure the best value construction bids are obtained plus secure optimal project financing.
Build
07
Oversee the Contractor to ensure budget, schedule & quality are maintained.
Stabilize
08
Close out construction & provide smooth transition to operations.
Current Projects: Affordable & Mixed-Income Housing Growth.
A sample of the non-market and affordable housing projects Western Vertical has delivered or is currently delivering:
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Calgary 365
A 365-unit, four-building mixed-income housing development. We helped our non-profit client secure the site by winning the City’s non-market land sale. The project is currently in development.
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Calgary 145
A 145-unit, mixed-income housing development. We helped our non-profit client purchase an adjacent site to expand the development. The project is currently in development.
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Calgary 113
A 113-unit, mixed-income housing development. We helped our non-profit client secure this site by submitting a winning Federal non-market land sale application. The project is currently in development.
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Calgary 65
A 65-unit, affordable housing development. We helped our non-profit client secure the site by winning the City’s non-market land sale. The project is currently in development.
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Calgary 62
A 62-unit, mixed-income housing development. We managed this project through development and secured full CMHC construction financing.
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Calgary 29
A 29-unit, affordable housing project. We managed this project through construction, delivering under budget and freeing up capital for the client’s next project.
Don’t Take Our Word For It.
“When I went to hire a consultant, I was told I was looking for a ‘unicorn’: a firm to help take our project from idea, through pre-development and construction phases, to occupancy. We found our unicorn: Western Vertical. WV’s comprehensive multi-residential expertise, from financing to risk management to planning approvals, has been invaluable to my organization.”
“My first experience with Western Vertical was observing them pick up a troubled project and, with an eye to detail and their breadth of development knowledge for multifamily buildings, get it back on track — and see it through to occupancy, still under budget. Since then, Paul and Leslie have been instrumental in supporting our land acquisitions and development projects.”
Get in touch with us for a consultation on how we can add value to your next project.