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About Us
As
a provider of mortgage insurance to real estate lenders, CMHC found
itself as owner of a large number of multi-family apartment and
condominium properties following the recession of the early 1970’s.
Sheiner Group proposed a novel joint venture structure that appealed
to CMHC, with Sheiner Group becoming CMHC’s value-add
partner to further develop, aggressively manage and maximize the
value of a portfolio of assets.
In the 1980’s Sheiner Group expanded its horizon to include commercial properties, and broadened its joint venture activities to dealing with financial institutions and universities. In the 1990’s, the group established the Local Partner Program (“LPP”), which involved acquiring multi-family residential projects in the United States together with local managing partners. Through the LPP, Sheiner Group was able to support and partner with talented real estate entrepreneurs in numerous states including Florida , Colorado , Georgia and Texas , providing them with capital and expertise in support of medium and large-scale multi-family property acquisitions.
Having owned, managed, renovated and repositioned thousands of residential units in the United States and Canada, as well as adult lifestyle retirement communities and commercial properties in Ontario and Quebec, Sheiner Group is an ideal partner to real estate owners, entrepreneurs or developers looking to maximize value from a partnership with an experienced group.
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