Services

Maximize your financial growth and secure your future with our comprehensive investment services.

Acquisition

At Millennium III, we use our industry connections and years of experience to locate and secure quality properties in growth areas. Ideal acquisition targets feature characteristics such as:

  • Strategic location
  • Quality tenants
  • Buildings that require refurbishment
  • Lower than market rents
  • Distressed or absentee ownership
  • Low cost relative to market

Millennium III carries out extensive market research to identify opportunities for growth. We target properties we believe will benefit from upcoming neighborhood redevelopment, infrastructure investment, and zoning changes.

Once we have identified a property that meets our criteria, the acquisition team carries out thorough due diligence, ensuring the leases are in order, there are no legal encumbrances, and the property is environmentally and structurally sound.

Our long-standing relationships with various financial institutions help us secure financing for multi-million dollar projects quickly, which can be of great advantage when purchasing real estate. Our large portfolio enables Millennium III to negotiate mortgages with better rates and terms than those available to individual investors. 

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Targeted Cap Rate

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Projects In Western Canada

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Investors

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Limited Partnership Units

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Commercial Syndications in Alberta

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Commercial Syndications in Saskatchewan

Syndication

A real estate syndication is when a group of investors pool their capital to acquire a property. Ownership and profits are shared amongst the participants in proportion to their capital investment.

The Millennium III Group facilitates our syndications by performing all the services necessary to set up and maintain property-owning limited partnerships.

  • We provide initial capital to acquire suitable property and arrange financing.
  • We establish and register the limited partnership, and provide the opportunity for investors to act as limited partners.
  • We prepare all necessary documentation, including an offering memorandum fully disclosing the financial structure of the project.
  • Third party review by experts in securities and partnership law ensures compliance with all applicable legislation.
  • Closure of the partnership is guaranteed and interim cash flow coverage is provided.

In the initial years of the project, costs associated with syndication services and property refurbishment are factored into the equity requirement for the partnership, thereby providing tax relief to investors.

Full Service
Asset Management

The Millennium III Group of Companies provides a comprehensive asset management service, allowing our partners to benefit from a worry-free, appreciating investment.

As representatives of the property owners, we are responsible for:

  • Mortgage payments
  • Property taxes
  • Insurance
  • Capital investment
  • Legal matters
  • Financial reporting

Millennium III provides experienced, professional property management through our subsidiary, Fortress Properties Inc. Fortress takes care of the daily operation of our properties, minimizing vacancies, managing costs, and maximizing the rent roll to optimize the investment.

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Maintained Properties

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Sq Ft of Leasable Space

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Industrial, Office & Retail Tenants

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Assets under Management

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Repeat Investors Since 1981

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Repeat Investors between 2015-20

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Distributions in last 20 years

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Experience

Investor Services

Millennium III provides investors with:

  • Distributions of partnership income
  • All necessary income tax filing documents
  • Annual financial statements
  • Regular reports on leasing activity at the property

Every year, at the annual meeting of each partnership, we welcome investors to meet with us to discuss activity at the property and the performance of their investment.

Our Investors
Over half of our limited partners own multiple interests in a number of projects, with some of the earliest investors regularly participating in our new projects. In our most recent projects, repeat investors continue to purchase the majority of the available units.

The Millennium III Advantage

Partner with Professionals

We offer you the security and peace of mind of investing with Western Canada’s most experienced sponsor of commercial real estate limited partnerships.

Why Choose Millennium III?

At Millennium III, we have more than 40 dedicated professionals who specialize in real estate development, syndication, investor relations, accounting, finance, property management, construction, and project management. Directors of the Millennium III Group of Companies personally own units in each limited partnership to ensure our long-term commitment to all of our projects. Millennium III has a proven track record and long history of investment in 90 projects to date. 

Make Your Money Work For You