LPRE Group Inc

09/15/2025

Wow! What a JOURNEY!
Two MF Refi's DONE within a few months of each other!
All partners repaid AND ROI to redeploy!

08/31/2024

Why... WHY are lenders and passive investors STILL TRYING TO FIND UNICORN ROI!!!

This is the reason we do safe, conservative, EQUITY OWNERSHIP projects!!!

Yet so many we speak with want returns in short periods of time that are mostly risky demands! And why we generally turn them away!

Slow and steady wins the race!

How many more bankruptcies do you have to see happen!!!

I'm so sorry for anyone involved in this specific situation... It's absolutely heart breaking...

LPRE Group Inc

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Another one bites the dust. Western Wealth Capital based here in Vancouver, hits hard with trying to do 'value add' rehabs. For alot of us here, we may be aware of Western Wealth/David Steele via REIN, or Ozzie Jurock or attending their events in Downtown Vancouver.

A numbers of investors have been completely wiped out and somewhat hooped..

Do your due diligence and invest what you can afford to lose.

"Vancouver-based Western Wealth Capital, a large multifamily investor with some syndicated deals in the United States, was accused of defaulting on $29.5 million in loans by Voya Investment Management for a 288-unit apartment complex.
The property, at 5118 Broadway Boulevard in Garland, was scheduled for foreclosure on Sept. 3, according to Roddy’s Foreclosure Listing Service. The Real Deal did not contact Western Wealth before publication, but subsequently learned from the company’s attorney that the parties were already in workout negotiations, and that after the foreclosure notice, they landed on a resolution.
Western Wealth bought the complex, called The Broadway, in 2021 with plans to update the units’ interiors, boost rents and sell it for a profit. But the costs ballooned — one filing from a local home repair company requested a lien for over $2,600 in unpaid bills for paint and resurfacing at the property earlier this month.
Voya did not respond to requests for comment."

08/03/2024

We are INCREDIBILY excited to share that we have an accepted offer on a 15 unit purpose built apartment in Edmonton, AB!!!
This project has a few entrance and exit strategies and we'd love to share more about it one-on-one with anyone who wants to learn about it!
If you are accredited investors, investment groups, friends, or family or know anyone that is, please DM me or book me with the link below!
https://calendly.com/lpre/30min
If those times don't work for you, let me know and we'll work something out

07/08/2024

We now have an accepted offer on a 6-unit value-add building!

Send a message to learn more

10/25/2023

From: ~0 properties in the pipeline in Q1, Q2 and Q3

To: 5 properties (2 accepted offers + 3 WIPs) in the pipeline in Q4!

09/03/2023

The Unicorn Project

Good afternoon on this long weekend!

Thought I’d put out my thoughts on something we all are looking for… Unicorn Deals!

When they come across our desks, we seem to try every which way from Sunday to make the deal work (at least “I” do)!

Most of the time, these deals just don’t work out.
Thankfully, I've made a great connection with a hard working person!

Has this happened to you?

Stay focused my friends!



Keep moving forward everyone!

The team at LPRE Group Inc
Johnny Lombardo
Philip Parenteau




Real Estate Investment made with confidence!

04/26/2023

Some Self-Storage Supply vs Demand
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Amount of available storage:
* USA: 8sq.ft/person/area
* CAN: 3sq.ft/person/area
* QC: 1sq.ft/person/area

01/25/2023

Here's what some of the Big banks are forecasting!

12/17/2022

Another successful day at the properties.

Renovation planning, Renovation verification, PM meeting, building check ups!

All in a days work!

Time to go home!

11/30/2022

Imposters Vs Unicorns

Hi Everyone,

What is your “Unicorn Deal” that has challenged you in the recent past?

I think everyone has had to deal with their own “Imposter Syndrome” when facing “that one deal”.

Reach out if you ever want to chat about it!

Keep moving forward everyone!

The team at LPRE Group Inc
Johnny Lombardo
Philip Parenteau