Aerial view of Westlynn, a 21-unit multifamily property in Edmonton, Alberta
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Westlynn

Edmonton, AB · 21 units · Multifamily
Equity Partner & Asset Manager
Units
21
Value added
~$1.0M
Since taking over management
Managed since
Jul 2025
Role
Equity partner & asset manager
Status
Stabilized — refinancing
Overview

A deal held to both capital and operations.

Westlynn is the clearest picture of how QS Growth Management works: money in the deal, and hands on the building.

Kevin holds an equity stake in the property and took over asset management in July 2025. The mandate was straightforward — tighten operations, bring the rent roll in line with the submarket, and get the building into a position where a lender would underwrite it on stabilized income.

The value added to date is approximately $1.0M, driven by operational improvements rather than a capital-heavy renovation. The property is fully occupied and cash-flowing, and a refinance is in progress to recognize that value.

Scope

What asset management means here.

  1. 01

    Rent roll and tenant quality

    Reviewing every lease against the submarket, moving expiring units to market rent, and holding a consistent screening standard on turnover.

  2. 02

    Expense discipline

    Re-bidding vendor contracts, addressing deferred maintenance before it compounds, and reporting operating expenses against budget every month.

  3. 03

    Capital strategy

    Positioning the building for a refinance on stabilized numbers — the point at which operational work becomes a return to the partnership.

Field Note
Nothing about Westlynn required genius. It required someone to actually read the leases, walk the building every week, and stop paying for things the previous manager never questioned.
— K.Q.S.
Get in Touch

Questions about this deal?

Investors and owners deal with Kevin directly. Ask about the numbers, the refinance, or how the same approach would apply to your building.

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Based in
Canada
Property
Westlynn · 21 units