Wealhouse Real Estate Fund

Since 2008, Wealhouse has been an opportunistic investor in private and public real estate assets throughout North America, Europe and Asia. Our portfolio has included value-add multifamily, manufactured housing, service retail, industrial, office, storage, mixed use commercial and agricultural land.

We always look for assets trading at good values based on go forward cash flow growth potential or replacement values in a world where we feel the costs to operate and build new buildings will cost more and more. We are strong believers that private and public real esate assets can offer different valuation opportunities at different stages of the economic and interest cycles. We have a disciplined check list that includes important research and analysis around supply and demand drivers such as job growth, affordability, regulatory risks etc.

$275+ million USD

deployed since inception*

*Inception October 2017

3,398

units under ownership

+1,109,508

population growth in areas where our assets are located

All Wealhouse real estate investments go through the same rigorous qualifying process as our equity and fixed income investments, using our extensive checklist of criteria. Illustrated by the following multi-family use cases, according to Berkadia, the states where our assets are located have seen an average annual population growth of ~1.6% and annual rental growth of ~1%. In recent years, companies such as Amazon, Silicon Valley Bank, and Infosys have set up operations and accelerators in these areas. Through research, we make sure conditions such as geographical tailwind, value growth, and increase in cash flow are met before we invest.

Dallas, Texas

Newly upgraded stylish apartments in a thoughtfully-designed community.

Phoenix, Arizona

The Spanish-style townhomes are steps away to the best hiking and biking trails.

Houston, Texas

Apartment homes with convenient access to 11 miles of waterfront.

Phoenix, Arizona

Centrally located apartments near both Glendale and Phoenix entertainment districts.

Houston, Texas

Multi-family units with redesigned amenities and luxurious upgrades.

Houston, Texas

Updated apartment homes with spacious floor plans in a peaceful Texan suburb.

About the Manager

Scott Morrison

Scott Morrison, CFA
Founder & CIO

Scott Morrison, CFA is a Bay Street veteran with over 25 years of asset management experience. Prior to founding Wealhouse as the chief investment officer, Mr. Morrison researched and managed portfolios for notable firms such as Mackenzie Investments, CI Funds, and Investors Group. A keen supporter of philanthropy, Mr. Morrison generously volunteers his time advising various charities and non-profits such as the Centre for International Governance Innovation (CIGI).