January: Mr. White & Mr. Bayes share a cab in Toronto - P3 concept comes alive.
December: $3.5M initial equity raise a success; P3 becomes active with P3 Growth Fund, P3’s first investment vehicle.
August: Mr. White, Mr. Loepp & Mr. Bayes formally establish their Asset Manager - Private Pension Partners Inc.
Vancouver hosts the 2010 Olympic and Paralympic Winter Games in February 2010.
March: P3 Inc. acquires first apartment property - 391 Gertrude Avenue, Winnipeg.
June: P3 Inc. acquires second apartment property - 215/225 Edison Avenue, Winnipeg.
Winnipeg regained an NHL team in May 2011.
Tesla releases Model S in June 2012.
September: Construction commences at 2815 Pembina Hwy, P3’s first “The Spot” branded apartment.
June: P3 Inc. purchases 13 acres of development land at Tuxedo Point, Winnipeg.
July: P3 Inc. completes first new purpose built apartment “Tamarack Pointe” at 336 Warde Ave., Winnipeg.
P3 Inc. teams up with its first institutional partner, selling a 50% co-ownership interest in phase one of The Spot at Tuxedo Point.
2815 Pembina Hwy. is completed, with full occupancy achieved within six months of completion.
Construction commences on phase two of The Spot at Tuxedo Point.
Successful fourth capital raise increases the total contributed capital in Growth Fund One to $23M.
P3’s Core Fund is launched.
By the end of 2015, P3 reaches $98M in total real estate assets under management.
The first Core Fund equity raise brings in $19M of additional contributed capital.
Core Fund acquires twelve commercial properties in Winnipeg.
P3 partners with a major Manitoban pension fund, selling a 50% co-ownership interest in phase two of The Spot at Tuxedo Point, 835 Sterling Lyon Parkway, and 221 Stradbrook Ave.
Completion of phase two of The Spot at Tuxedo Point.
P3 launches their third fund, the development-oriented fund called Feeder One LP.
The luxury apartment building at 835 Sterling Lyon Parkway, dubbed “LXTX”, is completed.
Feeder One LP acquires apartment development sites at 634 Portage Ave and 160 Osborne St. and 425-425 Wardlaw Ave.
By the end of 2019, P3 reaches $410M in total real estate assets under management.
Existing investors of Growth Fund One and Core Fund unanimously approve transition plan, amalgamating both funds into a single investment vehicle called A+ REIT