Experience in real estate opportunity
The members of Triovest’s senior management team come from a wide range of professional backgrounds – including global assurance, investment banking, development and retail. They share an understanding of how to maximize the value of real estate investments. As a group, their experience covers every aspect of commercial real estate, in every region of the country and also in many parts of the world. Their knowledge and their know-how connect Triovest’s clients to opportunity, while delivering dependable performance and solid returns at every property and project we manage.
Ted Willcocks
President and CEO, Triovest
Ted Willcocks
Ted Willcocks is the President and Chief Executive Officer of Triovest. Ted brings over 25 years of diverse international experience in commercial real estate, having held a series of increasingly senior positions with CBRE, Brookfield Properties, and most recently Manulife. For the last several years, he led the development and implementation of the real estate strategy for Manulife Investment Management, overseeing portfolio management, asset management, and development in Canada, the United States, Australia and Asia, including growth of the Private Markets business. Ted is a former US Executive Board Member of NAIOP and the Association of Foreign Investors in Real Estate (AFIRE).
Prakash David
Chief Investment Officer, Triovest
Prakash David
Prakash is the Chief Investment Officer of Triovest. In this capacity he heads up the firms’ capital raising, investments, development, and asset management businesses. Prakash has over 20 years of diverse real estate experience, both in Canada and internationally. Prior to joining Triovest in 2017, Prakash worked for Lendlease in Singapore, heading up investment management, development, and leasing of a $3B master-planned office and residential precinct in partnership with ADIA. Prior to this, Prakash headed up a retail expansion strategy in the MENA region for Majid Al Futtaim, the retail leader in the Middle East. He also built the investment and development platform for the City of Toronto, led a Walmart-anchored retail expansion strategy throughout Southwestern Ontario with SmartCentres, and practised municipal law in Toronto. He holds an MBA, LLB, and BA (Politics), and sits on the executive of the ICSC as Government Relations Chair.
Luqman Ahmad
Chief Financial Officer, Triovest
Luqman Ahmad
Luqman is the Chief Financial Office of Triovest. He brings more than 15 years of experience as a finance executive in the Canadian real estate industry. Prior to joining Triovest, Luqman held progressive roles at global professional services and commercial real estate organizations where he led the Finance & Accounting teams. While his core responsibilities have been leadership and management of core finance and accounting functions, Luqman’s broad experience extends into real estate tax law, debt & equity capital markets, financial structuring for development projects, working with rating agencies, and leading innovative change initiatives. Luqman holds a Chartered Accountant and Chartered Professional Accountant designations.
Tom D. Falls
Executive Vice President, Commercial Central, East and National Retail, Advisors
Tom D. Falls
Tom D. Falls, CPA CA, is the Executive Vice President for Central and Eastern Canada. Tom is responsible for overseeing the leasing, asset and property management functions for Triovest’s properties in Central and Eastern Canada. He has more than 25 years of industry experience.
Mike Mannix
Executive Vice President, Portfolio Management, Properties
Mike Mannix,
CFA
In his role as Executive Vice President, Portfolio Management, Mike is responsible for the performance of Triovest’s portfolio of owned assets, the execution of our long term portfolio strategy and the promotion of deep relationships with our investor partners. His commercial real estate experience spans property, asset, investment and development management roles in both the Toronto and Calgary markets. Prior to joining Triovest, Mike worked within the corporate finance division of a diversified Canadian utility and as an oil and gas private equity investment manager in Alberta.
Blair Sinclair
Executive Vice President, Development, Advisors
Blair Sinclair
Blair Sinclair is the Executive Vice President, Development. He is a member of the investments team responsible for overseeing the leasing and development activities in Western Canada. Blair’s real estate career spans more than 25 years; he has held several senior-level commercial real estate positions with major companies in both Alberta and Saskatchewan.
Paul Skeans
Executive Vice President, Commercial West, Alberta & Saskatchewan, Advisors
Paul Skeans
Paul Skeans is the Executive Vice President, Alberta and Saskatchewan, responsible for the delivery of leasing, asset management and property management for Triovest’s properties within the Prairie Region. Paul has 22 years of real estate experience in western Canadian markets, having worked within the brokerage, REIT and Institutional Advisory environments, managing all facets of commercial real estate including leasing, asset management, investments and property management.
Susan Spence
Executive Vice President, General Counsel & Corporate Secretary, Triovest
Susan Spence
Susan Spence is the Executive Vice President, General Counsel & Corporate Secretary for Triovest. Susan provides legal support to all aspects of Triovest’s business and operations, and has been practising law for over 20 years. She started her career in Toronto with real property and planning group at McCarthy Tétrault, and prior to joining Triovest, Susan was senior legal counsel at GE Capital and General Electric, where she supported several businesses, including real estate and corporate lending.
Marlene Farias
Senior Vice President, Property Management, Central Region, Advisors
Marlene Farias
Marlene Farias joined Triovest in 2002. She has over 25 years of senior building operations and property management experience and is responsible for overseeing the day-to-day operations of approximately 10 million square feet of industrial and commercial real estate in the Greater Toronto Area.
Denise Froese
Senior Vice President, Property Management, Alberta & Saskatchewan, Advisors
Denise Froese
Denise Froese is the Senior Vice President, Property Management, responsible for overseeing the day-to-day operations of approximately 13 million square feet of office, industrial and retail real estate in Alberta and Saskatchewan. Denise has more than 20 years of broad-based senior leadership experience in business. Denise’s prior work experience includes leading the Administrative Services function at a major integrated energy company where she was responsible for a 2 million sq. ft. leased real estate portfolio, as well as its construction, facilities management, building and office and transportation services.
George Geracimo
Senior Vice President, Commercial East, Advisors
George Geracimo
George Geracimo is Senior Vice President of Asset Management and Leasing for office and industrial properties in Quebec. George has more than 30 years of experience in the real estate industry. Prior to Triovest, George was responsible for executing value creation strategies primarily for an industrial and retail portfolio in Quebec and the Maritimes for a leading private equity real estate investment company.
Wes Leibel
Senior Vice President, Accounting, Triovest
Wes Leibel
Wes Leibel is the Senior Vice President, Accounting at Triovest. Wes is responsible for overseeing the property accounting functions nationally. He has more than 20 years of diverse commercial real estate experience including accounting, leasing, and asset management and he is in the final stages of completing his Certified Professional Accountant (CPA) designation in Alberta.
Tracy Macdonald
Senior Vice President, Commercial Leasing, Advisors
Tracy Macdonald
Tracy Macdonald is the Senior Vice President, Commercial Leasing responsible for the GTA portfolio. With over 25 years of commercial real estate experience, she has worked with several major real estate advisors where she successfully managed groups of leasing professionals responsible for both office and industrial portfolios across the GTA. Tracy is registered with the Real Estate Council of Ontario (RECO) and an Associate Member of the Society of Industrial and Office Realtor (SIOR) Canadian Central Chapter where she holds a position on the Board.
Brad Merchant
Senior Vice President, Asset Management, Western Canada, Advisors
Brad Merchant
Brad Merchant is Senior Vice President of Asset Management in Western Canada, responsible for the performance and strategic direction of property assets on behalf of Triovest’s clients. Brad has more than 30 years of commercial real estate experience across multiple domestic and international markets. Prior to joining Triovest, Brad held senior asset and property management roles in the Middle East and Central Asia, and has held leadership positions with major institutional real estate organizations within Canada.
Sylvain Clermont
Vice President, Property Management, Eastern Region, Advisors
Sylvain Clermont
Sylvain Clermont is the Vice President, Property Management in Eastern Canada. He has more than 30 years of experience in property management, manufacturing and facility management. Sylvain is responsible for leadership of the property management and building operations in the Eastern Canada portfolio. He has diverse experience ranging from managing building optimization, manufacturing operations and industrial safety. Sylvain is also specialized in provincial and municipal laws pertaining to the Building Code of Quebec.
Board of Directors

STEPHEN B. MANNIX

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Stephen B. Mannix is Managing Director of Loram Pty Ltd, the Australian subsidiary of Loram Maintenance of Way, Inc., a leading supplier of track maintenance services and equipment around the globe. He is formerly the Executive Managing Director of Triovest Capital, where he was responsible for developing and driving various principal investment strategies to generate superior returns for Triovest and its partners. His experience includes working in various other capacities in commercial real estate, as well as several other industries including investment management, construction and agriculture. Stephen is Vice Chair and a Director of Coril Holdings Ltd. He holds degrees in Bachelor of Commerce (International Business) and Bachelor of Laws, and is an active member of the Law Society of Alberta.

Deanna Zumwalt

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Ms. Deanna Zumwalt is President & CEO and Director of Coril Holdings Ltd. She is responsible for leading and directing Coril’s business initiatives, including subsidiary companies that operate in Canada, the United States and globally. Deanna joined Coril in September 2015, as CFO and was recently promoted to President. Over the past 25 years, Ms. Zumwalt has held senior management positions at Nexen Energy ULC, and Anadarko Canada. Ms. Zumwalt holds a Bachelor of Commerce from the University of Calgary as well as a Diploma in Financial Strategy from Oxford University. She is a member of the Institute of Chartered Accountants of Alberta and holds an Institute of Corporate Directors, Director Designation. She was appointed Chair of Triovest in January of 2021.

NEIL LABATTE

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Mr. Neil Labatte served as President and Chief Executive Officer of Talon International Inc., the developer of the Trump International Hotel in Toronto, Ontario, and Global Dimension Capital, Inc. Mr. Labatte was a Founder and Principal of Global Dimension Capital, Inc. He served as Chief Executive Officer of Legacy Hotels REIT (also known as, Legacy Hotels Real Estate Investment Trust) since March 2003 and its President and Chief Operating Officer since June 1999 until the REIT was privatized in late 2007. He founded of MyWay Concierge, Inc., in 2007 and served as its President. Mr. Labatte served as Senior Vice President of Real Estate of Fairmont Hotels & Resorts Inc. (FHRHI) since October 1, 1999. Mr. Labatte has over 35 years of experience within the real estate and hotel sectors. Mr. Labatte joined Canadian Pacific Hotels & Resorts (the predecessor to FHRHI) in 1997 as Vice President of Acquisitions. For the four years prior to joining FHRHI, Mr. Labatte founded and served as Principal of A.E.W. Mexico Company. He has been a Director of Alpha Peak Leisure Inc. He is on the Board of Directors of the National Hockey League Alumni Association “Hockey’s Greatest Family”. He was an Independent Trustee of HealthLease Properties Real Estate Investment Trust, from April, 2012 to December, 2015 when it was privatized was also and Chairman of its Investment Committee and Special Committee. He served as Trustee of Legacy Hotels REIT starting in April, 2003. He served as a Board Member of A.E.W. Mexico Company. He served as a Director of Holloway Lodging Corporation from May , 2014 to June , 2014. He was a Board Member of the Canadian Institute of Public and Private Real Estate Companies. He played professional hockey for five years with the Salt Lake City Golden Eagles and the St. Louis Blues. Mr. Labatte attended Brown University prior to attending the University of Utah and receiving a Bachelor of Science, Finance (1983) and Masters of Science, Finance (1989) from the University of Utah. He was elected into the Brown University Sports Hall of Fame in October, 2016.

Stephen Belgue

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Mr. Stephen Belgue practised law for 30 years; as a partner with Goodmans, he specialized in real estate development, acquisitions, dispositions, cross-border and domestic joint ventures, restructurings and public/private transactions, with extensive experience in complex real estate financing transactions. During his career he played a material role in numerous Toronto development projects and provided ongoing strategic and legal advice for the acquisition, financing, development, management and disposition of several $100 million+ portfolios of office, retail and industrial buildings, including the creation of joint ventures and investment funds for many of those portfolios. He now brings this intellectual capital to his current endeavours as a real estate advisor, developer and investor based in the Greater Toronto Area.

Mark Renzoni

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Mr. Renzoni brings to Triovest a wealth of knowledge and experience in the Canadian Commercial Real Estate industry. He most recently held the position of CEO at CBRE, which he retired from in 2018. During his 30-year tenure with CBRE, Mr. Renzoni delivered strong growth, and engineered significant changes to the company’s platform, workplace facilities and leadership team. His successful leadership style was built on empowering his team, particularly the next generation of leaders, to position the company for continued growth. He was also instrumental in creating a runway for new ideas and opportunities. Mr. Renzoni’s strong operational and investment mindset, and his well-established reputation and connections in the North American real estate community will be an asset to Triovest. Mr. Renzoni holds a Degree from Western University. In addition to serving as a member of Triovest’s Board, Mr. Renzoni will also continue to serve on the Boards of British Pacific Properties and View Glass Canada.

David Gerofsky

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Mr. David Gerofsky is a respected leader with 30 years of experience in the real estate industry, most recently as President and CEO of First Gulf Corporation. Mr. Gerofsky’s expertise and insightful direction encompasses all aspects of commercial real estate, from development to operations. Mr. Gerofsky began his career as a lawyer at a major Toronto law firm and has held senior-executive positions with two large Canadian real estate companies.

Ted Willcocks

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Ted Willcocks is the President and Chief Executive Officer of Triovest. Ted brings over 25 years of diverse international experience in commercial real estate, having held a series of increasingly senior positions with CBRE, Brookfield Properties, and most recently Manulife. For the last several years, he led the development and implementation of the real estate strategy for Manulife Investment Management, overseeing portfolio management, asset management, and development in Canada, the United States, Australia and Asia, including growth of the Private Markets business. Ted is a former US Executive Board Member of NAIOP and the Association of Foreign Investors in Real Estate (AFIRE).