platform dedicated to purpose-built student accommodations. This emerging arm expands their reach into other southern Ontario cities including Guelph, Hamilton, London, and North York. Together, the combined rental and student housing portfolios encompass roughly 11 sites with an estimated unrealized value of about $4.25 billion. Alexander Suppa, who is part of the investment team, notes that the student housing sector holds “unique opportunities,” especially with the anticipated return of international students. “We want to provide dignified, quality living solutions tailored to their needs,” Alex says. Most projects in Elysium’s PBR pipeline remain in the entitlement phase, with the company navigating rezoning and municipal approvals. Their first project, at Weston and Finch, received final approval last month, allowing the construction program to begin within months. “Construction for this inaugural project will take about two and a half to three years,” Jake shares, “and we aim for completion around 2028.” Other projects follow streamlined schedules that optimize resources and risk, with the full portfolio expected to be completed by 2035. Still, Alex says, “We stay flexible. Some projects could potentially be sold to reinvest capital as opportunities evolve.” Investor relations rely heavily on strong partnerships and transparency. Jake explains, “We raise most capital through our personal and professional networks. Transparency is key – we promise clear, consistent reporting and delivery on commitments. That builds trust and longterm satisfaction.” This honest approach enables Elysium to secure investments efficiently and supports their ambitious growth. Consultant relationships benefit from deep THE CONSTRUCTION SOURCE CANADA
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