Unlocking value and propelling
growth in the real estate industry
We have owned, developed, managed and sold over $2.5 billion dollars
worth of properties
Over $2.5 billion in
real estate properties
Richmont Properties is a leading real estate investment management firm
with an exceptional track record of successfully owning, developing and
managing over $2.5 billion in real estate properties across Canada
We believe in the power
of collective intelligence
Richmont’s philosophy is supported by its disciplined
due diligence process, with a focus on preserving
capital and unlocking value in real estate properties


Focus on properties with value-add potential, valuation below market value and located in growing neighborhoods with improving business climate.


Our exceptional long standing relationships with strategic partners allows us to negotiate favourable financing terms on acquisitions and mitigate investment risk through non-recourse financing.


Our goal is to maximize returns and to communicate with investors to ensure goals and objectives are aligned to guide an exit strategy plan. A tax-efficient strategy is crucial, hence, we use a two-stage exit process.

Richard Crenian

Richard Crenian is widely recognized as a prominent figure in the real estate industry, celebrated for his remarkable achievements in owning, developing, and managing real estate ventures. Over the course of his impressive three-decade career, Richard has earned a reputation as a trusted expert and influential figure in the field. Since 2001, he has played a pivotal role in overseeing the ownership, development, and management of real estate assets valued at over $2 billion, showcasing his deep market knowledge and unwavering dedication to excellence.

With an extensive portfolio boasting the development of more than 75 properties and the management of 20 shopping plazas, Richard possesses a broad expertise across various types of real estate projects. From residential complexes to commercial buildings, his discerning eye for recognizing opportunities and his meticulous approach to development have consistently yielded outstanding results. The properties he has created serve as enduring testaments to his ability to unlock their inherent potential and ensure their long-term success.

Richard Crenian’s expertise in the real estate market provides valuable guidance for individuals seeking to enter the world of condominium ownership. His insights shed light on the benefits of condominium living, including the convenience, low-maintenance lifestyle, shared amenities, and the sense of community that these unique properties offer. By understanding the intricacies of condominium ownership, individuals can make informed choices and find a condominium that aligns with their lifestyle and preferences.

  • Deliver competitive performance while building client relationships
  • Strive to protect and grow our clients’ capital
  • Commit to organizational excellence
  • Ensure alignment of interest with our partners





Our Formula For Success

How do you make money in commercial real estate? Buy low, lease high? I assure you there is so much more to this recipe. This is what I have learned in the many decades I have been actively investing and working in the commercial real estate industry. Let’s talk about making commercial and industrial real estate – successful!

Investing in commercial real estate can be a highly successful endeavour, and yes it’s all about collaborating with the right people with the right experience. Joint ventures and knowing the market are just some of the ways that you can make a sustainable profit. As with any expenditure, it is imperative that you stay up to date with the CRE trends that are forming; investors who fall behind may risk their momentum, so it is best to pair up with an experienced partner to optimize your future capital. You want investors that are sophisticated and well-versed in the market.

In the last 2 years of the pandemic, commercial and residential real estate have proven to be safer than many other investments, including the entire stock market. Most CRE contracts are 3-5 years and are secured by government funds in situations like a pandemic. Show me another sector so well protected!

The future looks bright, and it can even be more fruitful by adapting to 3 easy trends. So what are the best CRE trends to look out for to ensure your assets are maximized? Follow my 3-steps to making money in the market and set a long-term plan for your financial success in CRE.

The hybrid workforce is here to stay long-term: Across most industries, management teams and personnel are embracing the hybrid model with relatively positive results. Even tech giants, like Apple and Microsoft, have switched from fully remote work to quickly leasing offices across North America once again. Most companies are currently and will continue to implement hybrid work as a recruitment and retention strategy while converting their office spaces to accommodate increasing distribution, like adding a warehouse that is attached to the office.

Let the tenants pay for your mortgage: Thinking long-term with a CRE investment will happen effectively if you go into an investment with every intention of making it better. Ensure that your investment is making you money while you sleep by letting the tenants pay for the mortgage. If you have the occupants paying for your mortgage, you’ll have your investment paid off, and in 20 years you’ll own something that’s free.

Looking to crowdfunding as a means to join a bigger commercial acquisition: Online e-commerce platforms have allowed shareholders to fund single projects and larger portfolios while expanding their geographic footprint. Real estate investing platforms are a great way to finance a larger commercial deal, also known as real estate crowdfunding. Though it will require an upfront investment, it will be less than what is required to purchase a whole property. Crowdfunding is an advantageous way to join in a CRE project if you are just starting out, or do not have a large capital to start out with.

So what is the bottom line?

There is a lot of money in commercial real estate, and the market is on an upward trajectory for years to come. Co-investing with an experienced partner can make a big difference in helping you acquire that commercial property you had your eyes on. It is highly probable that the CRE market will continue to grow as 2022 unfolds. Whether you are looking to invest in properties to generate a second income or to expand your current portfolio, make sure to trust your decision and do your research.


Commercials Real Estate Expert

Commercial real estate encompasses a diverse range of properties that are primarily intended for business-related activities rather than residential use. These properties serve as vital hubs for various industries and contribute significantly to the economy. The commercial real estate sector includes a wide array of property types, such as office buildings, retail spaces, industrial warehouses, hotels, and mixed-use developments.

Mixed-use developments combine different types of commercial real estate within a single project, integrating residential, commercial, and sometimes even cultural or entertainment components. These developments aim to create vibrant and self-sustaining communities by offering a variety of amenities and services in one convenient location. They often include a mix of residential units, offices, retail spaces, and entertainment venues.

The purchase, sale, leasing, and development of commercial real estate are typically carried out by various entities, including individuals, corporations, real estate investment trusts (REITs), and other organizations. These transactions involve complex negotiations, market analysis, and legal considerations to ensure favorable outcomes for all parties involved.

Condominiums have emerged as a sought-after housing option, attracting individuals and families with their unique combination of privacy, community, and shared amenities. Richard Crenian, an expert in the real estate industry, shares valuable insights and advice on condominium ownership and the thriving condominium real estate market.



Condominium living can be attributed to the changing preferences and lifestyles of modern individuals and families. Condos provide a convenient and low-maintenance lifestyle that resonates with busy professionals, young couples, empty nesters, and retirees. Unlike traditional single-family houses, condos offer a reduced burden of homeownership through shared responsibility for maintenance and common areas. Tasks such as landscaping and security are taken care of collectively, freeing residents from the time-consuming upkeep often associated with owning a standalone property. This allows individuals to devote more attention to their personal lives and take advantage of the diverse amenities and services provided by the condominium community.

By opting for condominium living, residents gain access to a range of shared amenities that enhance their quality of life. These amenities can vary widely, depending on the condominium complex, and may include features such as swimming pools, fitness centers, community rooms, rooftop gardens, and concierge services. The availability of such amenities provides a convenient and enjoyable lifestyle within the confines of the condominium, fostering a sense of belonging and promoting social interaction among neighbors.

Furthermore, condominiums often boast prime locations in urban centers or desirable neighborhoods, offering proximity to shopping centers, restaurants, entertainment venues, and public transportation. This accessibility adds to the appeal of condo living, as residents can enjoy a vibrant and convenient lifestyle with numerous attractions and services within close reach.


Stabilized income-producing properties and close proximity to major markets that generate strong risk-adjusted returns.


A combination of stabilized, income-producing, along with PAD developments, repositioning, renovating, and repurposing to boost value and returns.


We are focused on obtaining superior risk-adjusted returns through acquisitions and developments, with a focus on retail and mixed-use properties.


Build and own new generation mixed-used commercial real estate in key locations and provide opportunity for diversification and offers higher returns.
Canadian Real Estate

Richmond Properties can help you
diversify your portfolio & maximize profit

stay informed

News & Press Releases


Connect with Us

I am interested and would like to further discuss
Contact Us
Full Name
Skip to content