Monthly Income Trusts
Tri City Group of Companies
and income property ownership
Tri City Group is a diversified, privately-held firm that is comprised of 25 real estate investment, financing and development companies. Established in the 1960s, Vancouver, BC-based Tri City Group is engaged in real estate development, mortgage lending and income property ownership. It manages what is commonly called a family office designed to manage the wealth of the Goodman family.
The principals of Tri City Group have extensive experience in the real estate industry. Together, with the Tri City team, they provide a diverse set of talents with an extensive background in investment, real estate lending and income property management. In the case of the mortgage trusts, the family found it advantageous for all to invite the public to participate so that it never has to say no to a good mortgage proposal from the mortgage brokerage community.
Currently, Tri City Group has three significant residential and commercial projects under development in B.C. and Alberta, representing a total of more than 750 units and has funded more than $500 million in residential, commercial and industrial mortgages.
When you think of financial services, trust isn’t the first thing that comes to mind. Too often the self-interest of the “financial industry” and the big banks stand in the way of what’s right for investors. Unlike those big institutions, we don’t see transparency as a hurdle preventing success. Which means our success is tied completely to the success of the clients.
We think you should know where your money is going, and where your returns are coming from.
The fact is, we put our money into the same investment we put our clients’ money. Which means our success is tied to yours, completely.
Ruth and Henry
The Ruth and Henry Goodman Fund was established in 2006 by Michael Goodman to build upon and carry on his parents’ efforts and contributions to social and ecological justice. The Fund honours Ruth and Henry’s resistance to war and anti-Semitism as well as their commitment to the environment, and assists those organizations that are working to create a more just and equitable world.
Lawyers Rights Watch Canada, Pivot Legal Society, David Suzuki Foundation, Vancouver Folk Music Festival and the Canadian Cancer Society are among the many organizations that have benefited from the Ruth and Henry Goodman Fund. Read Ruth’s final last words here in a Globe and Mail article written about her and Tri City’s approaches to giving back to Canada and the community we live in.