People: InterRent Real Estate Investment Trust (IIP_u.TO)
20 Sep 2019
Mr. Mike Darryl McGahan serves as Chief Executive Officer, Trustee of InterRent Real Estate Investment Trust. Mr. McGahan is president and chief executive officer of CLV Group Inc. (“CLV”), which was the property manager for the REIT up to February 15, 2018. CLV is a company that focuses on providing “Complete Real Estate Solutions”, including property management, real estate brokerage, mortgage brokerage, residential rentals, commercial leasing and construction. Mr. McGahan has over 30 years’ experience in the real estate business focusing on the multi-residential apartment and commercial properties sectors and has successfully bought, sold, financed and managed over 200 properties valued in excess of $4 billion. Mr. McGahan, through CLV, has developed a reputation as one of the top property managers having managed a portfolio of over 12,000 residential units and 500,000 sq. ft. of commercial properties for institutions including Toronto Dominion Bank, Bank of Hong Kong, Bank of Nova Scotia, Canada Mortgage and Housing Corporation and Canada Lands as well as private investors. Mr. McGahan has a wealth of experience in finding properties that have untapped potential and creating value through repositioning, renovations and improved efficiencies using pro-active management. Mr. McGahan has been a licensed real estate agent and mortgage broker for over 25 years and is a graduate of the University of Ottawa.
|Total Annual Compensation, CAD||1,210,000|
|Restricted Stock Award, CAD||--|
|Long-Term Incentive Plans, CAD||--|
|All Other, CAD||--|
|Fiscal Year Total, CAD||1,210,000|