Ms. Merrifield says the market will be driven by young professionals who held onto their jobs, who are renting or purchased a condo, and who’ve discovered that their money will suddenly go further. Middle-aged people looking to upsize will also see relative bargains.
“And with low interest rates, [people] will have buying power that they won’t have seen since probably 2009.
Rich Threlfall becomes partner at Troika Management Corp.
February 16, 2016 – Kelowna BC – Kelowna-based land and real estate development company, Troika Developments, announced today that engineer and Kelowna developer Rich Threlfall would be added to the list of partners, adding a new skillset to their already esteemed leadership team.
Threlfall’s breadth of knowledge and experience in sustainable civil engineering and land development has aided Troika in significant growth during his four year tenure as Development Project Manager for the company. “Rich started with Troika as a consultant a decade ago, but became a part of our Troika tribe four years ago” says Renee Wasylyk, Founder and CEO of Troika. “It soon became apparent that we didn’t see the future of Troika without his leadership and presence. Brad Klassen and I decided to bring on another partner for the first time in 10 years. Rich Threlfall is the next generation of Troika”.
Threlfall came to the Kelowna developer via CTQ Consultants Ltd., where he planned and designed communities, parks and public spaces for many local developers, institutions and municipalities, including Troika. Here he played an integral role in the conception and manifestation of Troika’s West Harbour, an extraordinary Tuscan-style waterfront community in West Kelowna. “Rich was instrumental in bringing about our last four successful projects. It was evident that he thought more like an entrepreneurial developer than an engineering consultant.” says Wasylyk. “He understands community.”
A view of Troika’s West Harbour from above.
Having worked with the Troika Tribe in various capacities for nearly ten years, Threlfall admires their forward-thinking nature and commitment to community and their team.
“We are a team dedicated to having fun while building carefully planned and sustainable communities that enhance the daily life of our residents, and that is what sets Troika apart as a developer” Threlfall explained, “I am truly grateful for the opportunity to partner with Brad and Renee to develop and lead a team of passionate professionals, including our colleagues, consultants, contractors and partners.”
The new partnership announcement comes amidst a hiring blitz at Troika, having recently increased their workforce by approximately 10%, due to recent growth and strategic restructuring.
About Troika Management Corp.
Troika is a progressive, future-focused company that brings together designers, contractors, engineers and project managers in a team environment to plan and construct superior housing and commercial projects, while passionately working to maximize community benefit. The company’s projects adhere to the highest standards of sustainability and environmental practices. For more information visit TroikaDevelopments.com