Frequently Asked Questions
What is the United Property Resource Corporation?
The United Property Resource Corporation is a property development corporation that provides real estate expertise to faith based and non profit organizations that would like to either redevelopment or re-purpose their real estate assets.
How is the United Property Resource Corporation governed?
The United Property Resource Corporation is a corporation with professional staff and a Board of Directors that oversees its work.
Why does the United Property Resource Corporation only work with faith based or non profit organizations?
We work with faith based and non profit institutions because we understand that many of these organizations own large portfolios of properties around Canada, but are increasingly facing challenges in maintaining them due to dwindling memberships and decreased revenues.
Our team of real estate professionals are here to support these institutions explore ways in which they could use their real estate assets to renew their mission in a relevant and useful way, while still providing support to their communities and preserving their space for worship.
How is the United Property Resource Corporation different from other developers?
Our ‘community first’ approach is actually a trailblazing new model in the real estate industry.
We will measure the success of our corporation by the number of affordable units that we develop, the jobs that we create, and the energy efficiency of all our developments.
Our team of of real estate professionals, consultants and advisors is truly passionate about building diverse, inclusive and sustainable communities.
How does the Canadian Mortgage Housing Corporation (CMHC) work with the United Property Resource Corporation?
CMHC is a partner in this unique initiative. They have loaned us a $20M Line of Credit from their Innovation Fund to help with the launch of these property redevelopment projects.