Mr. Stephen Evans is the Co-Founder, Chief Executive Officer and Director of Pure Multi-Family REIT LP. Mr. Evans has been involved in the negotiation, acquisition, redevelopment and asset management of over $1.4 billion in commercial, residential and office properties in Canada and the United States.
In 2004, Mr. Evans and his late partner Mr. Darren Latoski launched Sunstone Realty Advisors Inc. and raised over $300 million in equity financing for eleven commercial real estate opportunity funds from 2004 to 2011.
In July 2007, Mr. Evans co-founded Pure Industrial Real Estate Trust (“PIRET”), a publicly listed real estate investment trust that acquired, owned and operated a diversified portfolio of income-producing industrial properties. Mr. Evans served as PIRET’s Co-CEO until May 2015 raising over $1.2 Billion in equity capital during his tenure. Mr. Evans served as a Trustee from PIRET’s $19 Million IPO in 2007, until its successful acquisition by Blackstone Property Partners (the Core+ real estate investment unit of Blackstone) and Ivanhoé Cambridge (a subsidiary of CDPQ) in May 2018 for $8.10 per unit in cash, or gross proceeds of approximately $3.8 Billion.
In January 2013, Mr. Evans co-founded American Hotel Income Properties REIT LP (TSX: HOT.UN), a limited partnership formed to invest in hotel real estate properties located substantially in the United States. Mr. Evans serves as a Director.
In addition, Mr. Evans is the acting Chief Financial Officer of REALnorth Opportunities Fund, an unincorporated, open-ended investment trust which indirectly invests in revenue producing real estate assets and development properties located in northern B.C.
Mr. Evans previously served as Director of WesternOne Inc. (TSX: WEQ) from June 2007 to May 2017; Director of IAT Air Cargo Facilities Income Fund and International Aviation Terminals Inc. from September 2008 to December 2009; and Director of Huntingdon Capital Corporation (formerly Huntingdon Real Estate Investment Trust) from January 2010 until September 2012. Mr. Evans is a member of the Institute of Corporate Directors.