Our History

Pacific Reach Properties, established in 2014 by co-founders, Azim Jamal and Joe Moosa, is built on a vision that has been in the making for over a decade.

For over 15 years, Azim and Joe have worked together as part of the senior leadership team responsible for leading their family-owned business, Retirement Concepts (RC). Retirement Concepts, very much a family-oriented company, was founded by Azim’s father, Abdul, in 1988. Starting with just 55 residents in 1988, the company is now one of the largest seniors’ housing operators in Western Canada with over 3,500 residents in 23 communities. From Independent Living to Assisted Living and Residential Care, Retirement Concepts offers a variety of housing options for seniors across BC.

In 2004, with the acquisition of the 280-room Sheraton Guildford Vancouver,

Azim and Joe began diversifying their portfolio to include other real estate assets. Between 2011 and 2013, they ventured into commercial and multi-family properties, acquiring 2,000 apartment units in Phoenix and 300 units in Los Angeles. In 2013, they acquired the iconic Maple Leaf Quay towers in downtown Toronto – This waterfront landmark contains 517 residential units and 84,000 square feet of commercial space.

Building on this initial success, in 2014, they established Pacific Reach Properties as a distinct real estate investment company to operate and manage their commercial, multi-family, and hotel assets.

Leadership

Azim is responsible for directing all business activities for Pacific Reach, which he co-founded in 2014. Azim has extensive experience in managing and overseeing investments in a variety of asset classes, including hotels and commercial properties. Over the past 15 years, as the President and Chief Executive Officer of Retirement Concepts, Azim has been overseeing investments and operations of a variety of seniors’ housing properties in Canada. He is a member of the Young Presidents’ Organization in Vancouver, BC, a recipient of the Ernst & Young Entrepreneur of the Year Award, a winner of the Business in Vancouver Top 40 Under 40 Outstanding Achievement Award, and he chairs the BC Care Providers Association Policy Committee. Azim is a trained family physician and graduated as a Medical Doctor (M.D.) from the University of British Columbia in 1994.

Joe is responsible for directing all development, construction, and property management activities for Pacific Reach Properties, which he co-founded in 2014. Joe has a proven track record in leading construction projects using diligent financial, development, and construction management systems and processes. Over the past 15 years, as the President and Chief Executive Officer of Retirement Concepts Developments, Joe has been leading the development, construction, and maintenance of Retirement Concepts’ seniors housing portfolio and managing the infrastructure required for clinical operations. He is a professional engineer trained in Engineering, Systems Design, and Management from the University of Waterloo. His track record as an entrepreneurial business leader includes having founded, developed, and sold several companies to publicly traded organizations, including GE Capital.

As Chief Financial Officer of Pacific Reach Properties, Henry is responsible for all aspects of the company’s accounting, financing, tax planning, and corporate administration. Henry has over a decade of experience in financial management experience in the real estate industry, in both Canada and the United States. Henry earned a Bachelor of Business Administration degree from Simon Fraser University and holds both the Canadian Chartered Accountant and the U.S. Certified Public Accountant designations. He is an active member of the Urban Development Institute and has held several board positions within non-profit organizations in Canada.

Vera leads all investment activities at Pacific Reach Properties. As Director of Acquisitions, Vera is responsible for managing the sourcing, evaluation, and execution of potential acquisition and investment opportunities. Vera has nearly a decade of experience in real estate investment and development including land sourcing, development management, operations, and dispositions. Prior to joining Pacific Reach, Vera was part of the acquisitions group at Replay Resorts, involved in repositioning underperforming assets globally. Vera’s experience also includes investment and development management at Hungerford Properties where she oversaw acquisition and disposition underwriting and deal execution. Vera graduated from the University of British Columbia with a specialization in Finance and Real Estate.

As Regional Director of Property Management of Pacific Reach Properties, Kathy oversees the day-to-day operations and leasing activities of Pacific Reach Properties’ expanding multi-family portfolio. She is responsible for hiring and training site staff, developing marketing and leasing initiatives, and managing the day-to-day operations and maintenance of each property. Kathy has over 20 years of operations experience in the multi-family industry and has worked for some of the largest property management firms in the United States. She has managed portfolios consisting of as many as 3,000 units, from A to C class properties, in the Phoenix, Los Angeles, and Las Vegas markets. Kathy is experienced in tenant relations, new property transition, marketing and leasing, repositioning assets, and working with Fannie Mae and Freddie Mac.