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About Us

Corporate Profile

Maplewood International REIT is a Canadian based growth-oriented international REIT, established to invest in high-quality income producing commercial real estate outside of Canada. Our initial geographic focus is on the investment grade countries of Europe, with an initial target market of the Netherlands. Our mission is to provide Canadian investors with high-quality international real estate diversification and deliver stable, sustainable, and growing cash flows to unitholders, on a tax-efficient basis.

Management Team Board of Trustees

Learn About Our Investment Management Team

Finding the right investment property is often a challenge, and your options may seem overwhelming. At Maplewood International REIT, we want you to feel confident in your decision to invest in our properties. That's why we provide in-depth biographical information for each of our management team members and trustees.

Kursat Kacira

Kursat Kacira - Founder, Chief Executive Officer & Trustee

A resident of Mississauga, Ontario, Kursat has over 20 years of real estate, finance, capital markets, and accounting experience in Canada, the United States, and Europe. Kursat comes to us from GT Canada Medical Properties Real Estate Investment Trust (GT), a TSXV-listed REIT. While serving as GT's Chief Financial Officer, he was responsible for reconfiguring GT into an international healthcare REIT. He also concurrently served as Chief Financial Officer of NorthWest Value Partners Inc., GT's controlling unitholder.

Professional Background

Previously, Kursat was Chief Financial Officer of Whiterock Real Estate Investment Trust (Whiterock), a TSX-listed REIT. At Whiterock, Mr. Kacira was responsible for overseeing all finance, accounting, capital markets, treasury, tax, risk management, and investor relations functions. He was also involved in acquiring and financing $550million worth of commercial properties in Canada and the United States. He went on to execute the sale of Whiterock to Dundee Real Estate Investment Trust in March 2012 for an enterprise value of approximately $1.4 billion.

Before joining Whiterock, Kursat acted as Vice President and Director in the Real Estate Group, Investment Banking at TD Securities Inc. in Toronto, Ontario, where he worked for the previous nine years. His experience prior to TD Securities Inc. includes investment banking in the United States (Bear, Stearns & Co. Inc. in the New York) and public accounting in Canada and Europe (Price Waterhouse in Toronto and Paris, France).

During his investment banking career in Canada and the United States, he raised over $5 billion of debt and equity capital for publicly listed companies across numerous industries, primarily in the real estate sector.

Educational Background

Kursat is a Chartered Accountant (Ontario) and has a Master of Business Administration from the Stern School of Business at New York University in New York, USA, – for which he obtained the Dean's Scholarship. He also has a Bachelor of Mathematics (Honours) from the University of Waterloo.

Kimberly Tam - Chief Financial Officer

As Chief Financial Officer, Kimberly has the overall responsibilities for financial reporting, budgeting, forecasting, real estate finance, capital market activities, tax, and treasury. Prior to joining Maplewood, Kimberly served as Vice President, Finance of Dundee REIT (TSX: D.UN), where she was responsible for all financial reporting and compliance for Dundee REIT's IPO spin-off of Dundee Industrial REIT (TSX: DIR.UN) on the TSX.

Professional & Educational Background

Previously, Kimberly held the position of Vice President, Finance of Whiterock REIT. Here, she managed all finance, accounting, tax, treasury, and risk management functions. She also facilitated post-merger integration following the acquisition of Whiterock by Dundee REIT in March 2012. Previously, Kimberly held the position of Director of Finance at Retrocom Mid-Market REIT. (TSX: RMM.UN).

Kimberly Tam

Before returning to the real estate industry, Kimberly was a Senior Associate in the corporate tax practice at PricewaterhouseCoopers LLP in Toronto. She began her professional career in corporate accounting at a private real estate development company based in New York, USA. Kimberly holds a Bachelor of Business Administration from the University of Toronto and is a Certified Public Accountant.

Board of Trustees

Paul Simcox - Chairman

Learn a little more about Paul Simcox. A dedicated trustee, Paul has years of experience in real estate financing and asset management. Combining his diverse background in public and private capital markets, Paul brings his specialized expertise to our Toronto, Ontario, real estate investment firm. With Paul on your side, you're sure to find the perfect investment property.

About Paul Simcox

A resident of Pickering, Ontario, Paul has an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario. He's the founder and Chief Executive Officer of NorthHaven Capital Corporation (NorthHaven), which provides real estate financing and corporate advisory to private high net worth individuals and institutional partnerships. He also serves as a Director of Villarboit Realty Partners, providing asset management and General Partner services for over 1 million square feet of development and income producing properties in southern Ontario and the Greater Toronto Area.

Professional Background

Previously, Paul was the co-founder, Executive Vice President, and trustee of Whiterock Real Estate Investment Trust (Whiterock), a TSX-listed REIT. While at Whiterock, his responsibilities included property acquisitions and mortgage financings, transaction negotiations, and corporate finance and strategy. During his time at Whiterock, the platform grew rapidly to a REIT with over $600 million worth of high-quality office, industrial, and retail assets, comprised of 44 properties with over 3.4 million square feet across Canada.

Prior to co-founding Whiterock, Paul worked in real estate investment banking at Credit Suisse First Boston and Donaldson, Lufkin & Jenrette. He also worked in real estate private equity at JPMorgan Partners. During this time, he was involved in over $4 billion worth of corporate and asset-level real estate transactions. These transactions included public and private debt financings, public and private equity, and portfolio and operating platform joint ventures.

Nick Kanji - Trustee

Put your capital in capable hands with our merchant banking and real estate acquisitions specialist. With 30 years of executive management experience, Nick offers a unique perspective on Canadian real estate. When you choose Maplewood International REIT, your investments are backed by Nick's unparalleled expertise.

About Nick Kanji

Hailing from Toronto, Ontario, Nick has decades of hands-on real estate management experience. He currently serves as President of Sutter Hill Management Corporation, a local, family-owned real estate investment and (management)[link to 2P] company specializing in value creation and repositioning of commercial real estate projects. Mr. Kanji also served – from 2008 to 2012 – on the Board of Trustees at Whiterock Real Estate Investment Trust (Whiterock), a TSX-listed REIT.

Professional Background

While on Whiterock's Board, Nick served as Chair of the Audit Committee. His previous experience includes serving as Vice President of Genstar Commercial Developments and Vice President of Alexis Nihon Developments.

Additionally, Nick has also worked as a merchant banker in London, England, specializing in real estate acquisitions and financings. He also acts as Director of the Princess Margaret Hospital Foundation and a member of the Board of Governors of Junior Achievement of Central Ontario.

Volunteer Experience

Along with his professional expertise, Nick also maintains a sterling volunteer record. He previously volunteered as Chairman of Seneca College Foundation and Focus Humanitarian Assistance Canada and has held leadership positions in a number of other charitable organizations. Nick is also a Fellow of the Institute of Chartered Accountants in England and Wales.

Sean Nakamoto - Trustee

Invest with confidence with our devoted board of trustees. Backed by years of real estate consulting experience, Sean Nakamoto specializes in commercial property turnaround. While working for Mohawk Medical Growth Partners Corp., he has helped acquire a multitude of medical office buildings and continues to help the company grow.

About Sean Nakamoto

A resident of Oakville, Ontario, Sean is the General Partner of Mohawk Medical Growth Partners Corp. – an opportunistic private real estate investment firm focused on creating value through development, re-positioning, re-tenanting, and property turnaround of Canadian medical office buildings.

Professional Background

Sean previously acted as the Chief Financial Officer and Senior Vice President, Acquisitions for GT Canada Medical Properties Real Estate Investment Trust (GT), a TSXV-listed REIT. There, he was involved in its formation as a capital pool company and its subsequent conversion to a TSXV-listed REIT. He went on to acquire and finance a portfolio of 12 medical office buildings across Ontario.

Prior to joining GT, he was Chief Financial Officer for Cirrus Consulting Group, one of Canada's leading medical real estate consulting companies. Sean has also worked as Vice President, Acquisitions and Finance at NorthWest Healthcare Properties (NorthWest). Here, he was responsible for corporate strategy, corporate finance, reporting, and real estate acquisitions and finance. In his time at Northwest, he was directly involved in the acquisition and financing of over 40 medical office buildings across Canada.

Banking Experience

In addition to his real estate consulting expertise, Sean also brings years of investment banking experience to Maplewood International REIT. Sean spent 5 years as an investment banker in the Real Estate Group at TD Securities Inc. While working for this company, he was involved in raising $4 billion in corporate debt financings. He was also involved in public real estate equity offerings, private placements, the formation of a commercial mortgage backed securities program, several high profile real estate M&A mandates, and commercial real estate dispositions.

Educational Background

Sean has a Bachelor of Commerce (Honours) from the University of Guelph. He has also earned degrees from the Urban Land Economics program at the University of British Columbia, the Canadian Securities Course from the Canadian Securities Institute, and the Building Design, Operation and Maintenance program from the Building Owners and Managers Institute (BOMI).