Corporate Governance

Pure Multi's operations and business are governed exclusively by the Governing GP.  The board consists of seven directors, the majority of whom are independent. The board of directors and management of the Governing GP consist of the following individuals:

Name Position Audit
Committee
Compensation
Committee
Nominating
and
Governance
Committee
Environment,
Health and Safety
Stephen J. Evans Director and CEO       M
Robert W. King Chair M M M  
James L. Redekop Independent Director   M   M
James A. Speakman Director M   M C
John C. O'Neill Independent Director   C M  
Fraser R. Berrill Independent Director M M C  
Sherry D. Tryssenaar (*) Independent Director C     M

Notes:  
"M" = Member of committee
"C" = Chair of committee
* Ms. Tryssenaar was appointed to the Pure Multi-Family Board of Directors on April 12, 2017

 

Directors

Stephen Evans

Director and Chief Executive Officer

Mr. Evans has over 25 years of real estate experience in both Canada and the United States with an extensive track record in all areas of commercial real estate. His public companies have raised over $1.8 billion of equity over the past decade.

Mr. Evans is a Co-founder and Trustee of PIRET, a publicly-listed real estate investment trust (TSX:AAR.UN) that acquires, owns and operates a diversified portfolio of income-producing industrial properties in major markets across Canada and the United States.  Since 2007, PIRET has acquired a portfolio of 187 industrial properties having a total value of approximately CDN$1.6 billion.

Mr. Evans is also the Principal of Sunstone Realty Advisors Inc. (“Sunstone”). Since 2003, Sunstone has acquired, redeveloped and drove asset management of over CDN$800 million in retail, industrial, residential and hotel properties in Canada and the United States.

Mr. Evans co-founded and is currently a director of American Hotel Income Properties REIT LP (TSX:HOT.UN) which owns and operates a portfolio of 80 hotels located throughout the United States. 

Mr. Evans is also a director of WesternOne Inc. (TSX:WEQ).

Robert W. King

Lead Independent Director

Mr. King is President of Westbridge Finance Inc., a private equity firm involved in corporate and real estate investment and finance.  From March 2006 to present, Mr. King has served on the Board of Directors of Wall Financial Corporation (TSX:WFC), a real estate investment and development company. Mr. King is the Chairman of the Board of WesternOne Inc. (TSX:WEQ) and is also a Trustee of Pure Industrial Real Estate Trust (TSX:AAR.UN).   Mr. King earned his MBA from Dalhousie University in 1992 and a Bachelor of Arts from the University of British Columbia in 1989.  He is also a graduate of the ICD-Rotman Directors education program and holds the designation of ICD.D.

James Redekop

Independent Director

Since 1986, Mr. Redekop has been involved in multi-family housing and commercial construction and real estate development in British Columbia, primarily through special-purpose private companies held through Redekop Development Corp., Mr. Redekop’s development company. His primary focus has been with residential wood-frame condominium and townhouse projects. Over the past 25 years, he has acted as general contractor or project manager on numerous multi-family developments. More recently, Mr. Redekop has become involved in commercial greenhouse vegetable production as a principal of SunSelect Produce Delta LLP and its sister company, ProSelect Gas Treating Inc. Mr. Redekop is also a director of the general partner and/or corporate trustee of each of the limited partnerships and real estate investment trusts comprising the Sunstone funds.

James A. Speakman

Director

Mr. Speakman is the Managing Partner of Clark Wilson LLP, a prominent Vancouver-based business law firm, and practices in that firm’s commercial real estate and corporate finance and securities groups.  He has been a lawyer for 30 years. Prior to joining Clark Wilson in 2001, Mr. Speakman worked for 11 years in senior executive positions in the real estate industry in Vancouver. He served for four years as Executive Vice President of a privately-owned development company that develops high-rise residential and retirement projects in British Columbia and the United States and spent seven years as Vice President of Vancouver-based Anthem Properties, where he was actively involved in the startup and growth of that company's real estate investment, development and management business. From 1994 to 1997, Anthem established a southwest US-based portfolio which included over 5,800 apartment units and over one million square feet of retail and office space, developed 630 single family building lots and built and sold 250 homes. Anthem achieved a listing on the Toronto Stock Exchange in 1998 and from 1998 to 2000 established a portfolio of Canadian revenue producing properties of over $200 million.  Mr. Speakman received a J.D. degree from the University of British Columbia in 1985 and has a lifelong passion for real estate.

John C. O’Neill

Independent Director

Mr. O'Neill is President and CEO of O'Neill Hotels & Resorts Ltd., operators of over 80 hotels across Canada and the United States. Mr. O’Neill was a co-founder of American Hotel Income Properties REIT LP in 2013 and of Canadian Hotel Income Properties REIT (“CHIP”) in 1997 and served on CHIP’s Board of Trustees from 1999-2002.  Mr. O’Neill was also a partner with Intrawest in the ownership and management of Whistler Lodging Company. Mr. O’Neill is also President of SunOne Developments Inc.; is a member of the Board of Trustees for the Fraser Institute; is a Director of the Minister’s Council on Tourism on behalf of B.C.’s Ministry of Jobs, Tourism and Innovation; and is also Chair of the Collingwood School Foundation, serving a school on whose Board of Governors he used to sit. He is a past Member of the Faculty Advisory Board of the University of British Columbia Sauder School of Business, a Member of the Tourism Whistler Board of Directors, and a former Member of the Owners’ Advisory Council of Starwood Hotels & Resorts.

Fraser R. Berrill

Independent Director

Mr. Berrill is the President of Fragin Holdings Limited, a private investment company principally involved in real estate income properties and development in Ontario, Texas and Arizona. He is the former President, Chief Executive Officer and Director of Renasant Financial Partners Ltd., a financial services and technology trading organization.  Mr. Berrill has served as a director of several public and private companies and has been on the board of TSX-listed Vicwest Inc. since 2009, and has acted as Board Chair since 2011. Mr. Berrill has been a Trustee of Morguard REIT since 2010. In addition, he is a member of the Law Society of Upper Canada and the Bar of Ontario, and holds a designation of Chartered Director from McMaster University. Mr. Berrill is also on the Board of Governors of the University of Windsor.

Sherry D. Tryssenaar

Independent Director

Ms. Tryssenaar is currently the Chief Financial Officer of Ten Peaks Coffee Company (“Ten Peaks”) (TSX: TPK), and of Ten Peaks’ subsidiary, Swiss Water Decaffeinated Coffee Company. Previously, she was Chief Financial Officer, Vice President, Finance and Administration and a director of QuestAir Technologies (TSX: QAR). Earlier in her career, Ms. Tryssenaar was Director of Corporate Finance with RBC Technology Ventures, and Vice President, Investments of Quorum Funding, a venture capital firm. 
 
Ms. Tryssenaar has served on the boards of various companies and not-for-profit organizations, as well as serving as Chair for three not-for-profit boards including Women in Capital Markets (WCM), Dress for Success Vancouver Society and the YWCA Metro Vancouver. She is currently a director of Unit Electrical Engineering, a privately-held company. Ms. Tryssenaar has also been responsible for spearheading a corporate governance framework for a private company’s board of directors and served as corporate secretary responsible for maintaining comprehensive corporate governance documents.
 
Ms. Tryssenaar is a Chartered Professional Accountant and holds a Bachelor of Business Administration (first class honours) from Simon Fraser University and a M.Sc. (Econ) in International Relations from the London School of Economics, which she attended as a Commonwealth Scholar. In 2011, Ms. Tryssenaar was named the BC CFO of the Year in the small public company category by Business in Vancouver. Ms. Tryssenaar was also recognized as a Top 40 Under 40 by Business in Vancouver in 2007.