January: Mr. White & Mr. Bayes share a cab in Toronto - P3 concept comes alive.
December: $3.5M initial equity raise a success; P3 becomes active with P3 Growth Fund, P3’s first investment vehicle.
August: Mr. White, Mr. Loepp & Mr. Bayes formally establish their Asset Manager - Private Pension Partners Inc.
Vancouver hosts the 2010 Olympic and Paralympic Winter Games in February 2010.
2011
2011
March: P3 Inc. acquires first apartment property - 391 Gertrude Avenue, Winnipeg.
June: P3 Inc. acquires second apartment property - 215/225 Edison Avenue, Winnipeg.
Winnipeg regained an NHL team in May 2011.
2012
2012
Tesla releases Model S in June 2012.
2013
2013
September: Construction commences at 2815 Pembina Hwy, P3’s first “The Spot” branded apartment.
June: P3 Inc. purchases 13 acres of development land at Tuxedo Point, Winnipeg.
July: P3 Inc. completes first new purpose built apartment “Tamarack Pointe” at 336 Warde Ave., Winnipeg.
2014
2014
P3 Inc. teams up with its first institutional partner, selling a 50% co-ownership interest in phase one of The Spot at Tuxedo Point.
2015
2015
2815 Pembina Hwy. is completed, with full occupancy achieved within six months of completion.
Construction commences on phase two of The Spot at Tuxedo Point.
Successful fourth capital raise increases the total contributed capital in Growth Fund One to $23M.
P3’s Core Fund is launched.
By the end of 2015, P3 reaches $98M in total real estate assets under management.
2016
2016
The first Core Fund equity raise brings in $19M of additional contributed capital.
2017
2017
Core Fund acquires twelve commercial properties in Winnipeg.
P3 partners with a major Manitoban pension fund, selling a 50% co-ownership interest in phase two of The Spot at Tuxedo Point, 835 Sterling Lyon Parkway, and 221 Stradbrook Ave.
2018
2018
Completion of phase two of The Spot at Tuxedo Point.
P3 launches their third fund, the development-oriented fund called Feeder One LP.
2019
2019
The luxury apartment building at 835 Sterling Lyon Parkway, dubbed “LXTX”, is completed.
Feeder One LP acquires apartment development sites at 634 Portage Ave and 160 Osborne St. and 425-425 Wardlaw Ave.
By the end of 2019, P3 reaches $410M in total real estate assets under management.
2020
2020
Existing investors of Growth Fund One and Core Fund unanimously approve transition plan, amalgamating both funds into a single investment vehicle called A+ REIT
2021
2021
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