Boardwalk Real Estate Investment Trust (OTCMKTS:BOWFF) is a Canadian real estate investment trust focused on owning, operating and growing a diversified portfolio of residential rental properties. Established in 1984 and headquartered in Calgary, Alberta, the Trust invests primarily in mid- to high-rise apartment buildings and manufactured home communities. Boardwalk’s core business activities include property acquisition, development, renovation and ongoing management of residential rental assets designed to meet the housing needs of a broad tenant base.
The Trust’s property portfolio spans key markets in Western and Central Canada, with concentrations in Alberta, Saskatchewan and Ontario. Its apartment communities feature a mix of studio to three-bedroom units, complemented by a selection of townhomes and manufactured home pads. Boardwalk implements targeted capital improvement programs to enhance asset quality and operating efficiency, while providing amenities such as fitness centers, landscaped courtyards and on-site management offices to improve resident experience and retention.
Since its initial public offering in 1984, Boardwalk has pursued a disciplined growth strategy that balances organic development with strategic acquisitions and dispositions. Over the years, the Trust has expanded its footprint beyond Calgary to other urban and suburban centres, adapting its product offerings to reflect evolving demographic trends and tenant preferences. Key milestones include the development of several landmark high-rise communities in major metropolitan areas and the acquisition of seasoned residential portfolios from private and institutional sellers.
Boardwalk’s executive leadership team brings decades of residential real estate expertise, guiding the Trust’s strategic vision and operational execution. The management group oversees leasing, marketing, finance and property management functions, leveraging a centralized corporate structure to ensure consistency in service standards across all assets. Through a commitment to sustainable property management practices and community engagement, Boardwalk seeks to deliver long-term value to residents and stakeholders alike.
