Asset Management

Maximizing Growth

A Bold Vision for Multi-Family Real Estate 

A private equity firm specializing in best-in-class multi-family real estate developments, Deveraux Asset Management is focused on growth. Our success is driven by a philosophy of continuous improvement, strategic partnerships, and disciplined investment assessment. With a fully aligned team and a dedicated asset, property, and capital management platform, we actively source opportunities and maximize stakeholder value through efficient portfolio management and exceptional returns.

4,488

Stabilized Units Under Management

3,854

Units in the Development Pipeline

5.1

Average Age of Portfolio in Years

Our Management Team

Our Management Team

Our asset management success is guided by a leadership team with deep industry expertise and a commitment to innovation. Their collective vision ensures the continued development and management of high-quality residential communities, delivering strong returns to investors.

Denis Jones

President and Chief Executive Officer

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Denis Jones

President and Chief Executive Officer

Denis Jones is the President and Chief Executive Officer of the Deveraux Group of Companies, comprising Deveraux Asset Management Inc., Deveraux Developments Ltd., Deveraux Apartment Communities Inc., and Deveraux Subsidiary Companies. Denis started his professional career as a medical doctor specializing in Pulmonary and Critical Care Medicine before co-founding the Deveraux Group in 2008. Since founding Deveraux, Denis has successfully grown the organization into a recognized leader in the development and management of large-scale multi-family residential communities across Canada’s prairie provinces. Under his direction, the company currently manages over 4,000 stabilized apartment units, with approximately 4,000 additional units in development. Denis was named EY Entrepreneur of the Year, overall winner for the Prairies in 2024. 

Denis is also the largest individual investor in the Auctus Group and serves as Chairman of the Board for Auctus Property Fund LP. His extensive board experience includes current roles with Shawnigan Lake School and BC Rugby, as well as a past role on the SaskEnergy Board, contributing to the Audit & Finance and Business Development Committees.

Colin Woloshyn

Chief Financial Officer

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Colin Woloshyn

Chief Financial Officer

Colin Woloshyn has been Chief Financial Officer at the Deveraux Group of Companies since October 2012, managing critical financial, accounting, and administrative functions. As a Chartered Professional Accountant with over 20 years of experience, Colin specializes in corporate finance, tax planning, strategic planning, risk management, and corporate governance. Before joining Deveraux, Colin was Director of Mergers and Acquisitions at Alliance Grain Traders Inc., managing key M&A activities and integrations.

Colin began his career at KPMG LLP, spending over 13 years in public accounting, where he led diverse client engagements and strategic projects. He has also contributed to the community as a past Board member of the University of Regina Alumni Association.

Jamie McDougald

Chief Operating Officer

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Jamie McDougald

Chief Operating Officer

Jamie McDougald serves as Chief Operating Officer of the Deveraux Group of Companies, a role he has held since July 2013. Jamie oversees the organization’s strategic operations and provides critical guidance to a rapidly growing professional team. With a Master’s degree in Leadership from Michigan State University, he brings extensive senior leadership experience in human resources, marketing, policy development, and strategic planning from both private and public sectors.

Jamie currently serves as Past President and Board member of The Saskatchewan Landlord Association, which represents and advocates on behalf of Saskatchewan landlords. In addition, he previously served as a Board member of Habitat for Humanity Regina, as well as the Canadian Federation of Apartment Associations. In 2024, Jamie was awarded ‘Executive of the Year’ by Rental Housing Saskatchewan.

Our Assets

Investments That Do More

We currently have over $2.5 billion of real estate assets under management and a development pipeline that will significantly contribute to the growth of amenity-rich multi-family apartment communities across Western Canada. 

Auctus Property Fund

This fund is a limited partnership that owns and operates more than 4,800 units across 22 apartment communities in Regina, Winnipeg, Edmonton, and Calgary, with plans to acquire over 3,800 more units in Alberta, Saskatchewan, and Manitoba. 

Development Funds

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10

Auctus Heritage Calgary Property Fund LP

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  • Calgary, AB
  • 501 Units

This thoughtfully designed community will feature a range of one, two, and three-bedroom suites, including options with dens and underground parking.

Fully Subscribed

Auctus MacTaggart Edmonton Property Fund LP

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  • Edmonton, AB
  • 203 Units

This project is located in the MacTaggart neighbourhood of southwest Edmonton, bringing 203 luxury rental units to this desirable community.

Fully Subscribed

Auctus Trinity Hills Apex Calgary Property Fund LP

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  • Calgary, AB
  • 244 Units

Located in the desirable neighbourhood of Trinity Hills, this property consists of two six-storey apartment buildings and a two-storey clubhouse.

Fully Subscribed

Auctus Rangeview Calgary Property Fund LP

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  • Calgary, AB
  • 439 Units

Situated in Rangeview, Calgary’s first garden-to-table community, this property consists of four six-storey apartment buildings, two two-storey townhome buildings, a clubhouse, and underground parking.

Fully Subscribed

Auctus Edgemont Edmonton Property Fund LP

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  • Edmonton, AB
  • 142 Units

This property consists of one apartment building, perfectly located in the new and growing southwest Edmonton neighbourhood of Edgemont.

Fully Subscribed

Auctus Latitude 49 Townhouses Winnipeg LP

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  • Winnipeg, MB
  • 84 Units

Consisting of five three-storey buildings, The Sage Creek Townhomes are located in southeast Winnipeg’s vibrant Sage Creek neighbourhood.

Fully Subscribed

Auctus Albany Edmonton Property Fund LP

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  • Edmonton, MB
  • 257 Units

The development, consisting of three six-storey buildings, will be located in the Albany neighbourhood in north Edmonton, one of Edmonton’s newer neighbourhoods.

Fully Subscribed

Deveraux (GV2 Edmonton) Investments LP

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  • Edmonton, AB
  • 257 Units

Nestled in the scenic Griesbach community, adjacent to a central lake and walking paths, this community offers a variety of floor plans offering one, two, and three-bedroom suites.

Fully Subscribed

Auctus NW Lake Calgary Apartment Fund LP

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  • Calgary, AB
  • 303 Units

Consisting of four apartment buildings, Vibe Apartments is located in the desirable neighbourhood of Arbour Lake, northwest Calgary’s only lakeside community.

Fully Subscribed

Chester Court LP

  • Moose Jaw, SK
  • 24 Units

Featuring condominium-style apartments, this property is located in Moose Jaw in close proximity to an array of dining and retail options.

Fully Subscribed

Grasslands LP

  • Regina, SK
  • 62 Units

Offering a variety of floor plans and suite types, this property features a commercial-grade fitness centre and is conveniently located near a diverse range of retail amenities, including The Landing at Grasslands.

Fully Subscribed

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