NORTH VANCOUVER, CANADA – Western Wealth Capital (WWC), a growth-oriented real estate investment company, is pleased to announce that Janet LePage, company co-founder and CEO, has been recognized as a finalist in the prestigious EY Entrepreneur Of The Year 2017 Pacific Awards program in the Real Estate/Construction category.
Under LePage’s leadership, Western Wealth Capital has consistently delivered strong returns for investors while creating better communities. Since its inception in 2011, WWC has acquired 31 multi-family unit buildings, representing 5,125 units, with a combined purchase-value of more than $375 million. Our current portfolio, net of divestments, includes 26 multi-family unit rental buildings (4,600 units) in the Greater Phoenix area. WWC is now the second largest multi-family owner in the Phoenix area by number of units.
The award recognition is a validation of Western Wealth Capital’s holistic approach, says LePage.
“We’re proving that you can be successful doing business on human terms and not term sheets alone. We’ve not only provided great return on equity for our investors, but created communities that are better places to live and work for our residents and employees, respectively,” says LePage.
EY’s Entrepreneur Of The Year program celebrates the men and women who dare to dream big and build boldly, says Lui Petrollini, EY Pacific Program Director.
“From coast to coast, our regional finalists are entrepreneurs who make the most of uncertainty, disrupt traditional business models and develop solutions to unforeseen problems,” says Petrollini.
EY Entrepreneur Of The Year is the world’s most prestigious business award for entrepreneurs. The unique award makes a difference through the way it encourages entrepreneurial activity among those with potential and recognizes the contribution of people who inspire others with their vision, leadership and achievement. As the first and only truly global award of its kind, Entrepreneur Of The Year celebrates those who are building and leading successful, growing and dynamic businesses, recognizing them through regional, national and global awards programs in more than 145 cities in more than 60 countries.
About Western Wealth Capital: We have a singular focus: create wealth through well-selected real estate investment. We acquire underperforming multi-family rental properties and increase net operating income and valuation through an approach that has been successfully applied across our entire portfolio. We manage these assets, distribute resulting cash flow to investors and, when appropriate, divest. We only focus on markets underpinned by the economic fundamentals of population, employment and GDP growth. Our entry point is when these demand drivers place long-term pressure on vacancy rates and rental pricing. To date, we have invested in the Phoenix-area market. Our execution and results have formed strong relationships that give us access to some of the best multi-family investment opportunities in Arizona.
This press release includes forward-looking statements. All statements other than statements of historical facts included in this document, including, without limitation, statements regarding the future financial position, targeted or projected investment returns and business strategy are forward-looking statements. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expect,” “intend,” “forecasted,” “projected,” “estimate,” “anticipate,” “believe,” or “continue” or the negative usages thereof or variations thereon or similar terms. Forward-looking statements reflect our current expectations and assumptions as of the date of the statements, and are subject to a number of known and unknown risks, uncertainties and other factors, many of which are beyond our control, which may cause actual results, performance or achievements to be materially different from any anticipated future results, performance or achievements expressed or implied by the forward-looking statements. Although we believe that the assumptions on which the forward-looking statements are made are reasonable, based on the information available to it on the date such statements were made, no assurances can be given as to whether these assumptions will prove to be correct. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements contained are expressly qualified in their entirety by this cautionary statement. No representation or warranty is made to the accuracy or completeness of any of the information contained herein. No securities commission or similar regulatory authority has reviewed this content. In considering the prior performance information contained herein, prospective investors should bear in mind that past performance is not necessarily indicative of future results, and there can be no assurance that Western Wealth Capital will achieve comparable results.