We've been at it since the 1960's
Tri City Group has been private lending and developing real estate for over 60 years.
The Goodman family originally started the private lending business to guard and grow their family capital. The mortgage trusts were subsequently established to allow investors to co-invest alongside them.
In all our investments, we are hands-on. This means we build our own roads, sewer systems and electrical grids, and we build our own houses.
In every investment we make, whether it be a mortgage or a development project, we first bring a capital preservation mind-set.
Purchase of waterfront property and build a floating home marina. Purchase and renovate old apartment properties and houses from top to bottom.
Two mortgage trusts have now been launched, and Tri City now serves over 450 investors through it's mortgage investing business.
The last of sixty-seven homes built with Len Schellenberg at 6450 Okanagan Landing Rd, Okanagan Landing, Vernon, BC, has been sold.
Michael started building houses with his father Henry. Henry was a master craftsman who could build the most intricate buildings which he learned how to do by doing. Henry built houses, commercial retail, and apartment buildings.
After having renovated and sold several apartment buildings in Fort McMurray, Michael Goodman started his own mortgage portfolio.
Michael started building houses with his father Henry. Henry was a master craftsman who could build the most intricate buildings which he learned how to do by doing. Henry built houses, commercial retail, and apartment buildings.
Purchase of waterfront property and build a floating home marina. Purchase and renovate old apartment properties and houses from top to bottom.
Meeting with Len Schellenberg and built all sixty-seven homes in 6450 Okanagan Landing Rd, Okanagan Landing, Vernon, BC
Real estate investors with a capital-preservation investment philosophy.
Michael started building houses with his father Henry in the mid-1960s. Henry was a master craftsman who could build the most intricate buildings which he learned how to do by doing. Henry built houses, commercial retail, and apartment buildings. In those days carpenters used to build much more parts of buildings than they do today. Master craftsmen used to build window casements, and kitchen cabinets for example. They learned the fine skills of custom carpentry. Henry did not like shoddy work, so he always insisted on doing this fine woodwork himself and overseeing all aspects of construction. In the Goodman household, there were always a workshop and cabinet-making tools along with all the equipment that was required to build a first-class home. Michael can remember being handed a paintbrush at nine years old and being instructed on how to prep a surface to achieve a first-class paint job.
Henry also had a tremendous passion for wooden boats. So, son like father, Michael developed a passion for wooden boats, their fine design, and special post and beam wood homes. There is nothing more complicated than wooden boat building and repair. As a result, Michael took all the woodshop and drafting courses he could throughout high school. Michael then worked his way through university working on the houses that his father was building through the family construction business. After graduating with a Bachelor of Fine Arts Degree, Michael joined the carpenter’s union and worked on one house project after another, ranging from building to renovations. During this period, Michael continued building and renovating sailboats and floating houses on his own, furthering his craftsmanship and his passion. Check out the love of his life here.
Michael’s passion for marine woodwork and floating homes eventually brought him to the purchase of waterfront property on which he could build a floating home marina. The marina had all the elements of a subdivision, including elevated wharves, servicing, and complicated floating docks. All the services ran in the docks, and they were heated so they would not freeze. He then proceeded to build two floating homes for himself on concrete barges. Michael often tells the story about one home that weighed 250,000 lbs. and was three stories high, which he built on the bank of the Fraser River. He then loaded all the furniture into the house and used a house-moving dolly to roll it down the bank and into the Fraser River. This was a clever plan which avoided moving all the furniture and house contents down a steep ramp and a long dock walk to where the house was eventually moored in the marina. You can see the blue and white house at Riversbend Floating Home Village on the main page of the website.
In the early 1980s, Michael started to purchase and renovate old apartment properties and houses from top to bottom. Between the mid-1980s and 2007, he renovated many houses, built the marina, and renovated numerous apartment buildings before meeting Len Schellenberg in 1998. Len was an Okanagan builder who had been building houses, stores, and apartments since the early 1960s. Together, Michael and Len developed the Okanagan Breeze subdivision in Vernon located at 6450 Okanagan Landing Rd, Okanagan Landing, Vernon, BC. This development required full servicing and once that was done, Len built all sixty-seven homes. Please access the brochure by clicking here.
Driven by his sense of aesthetics from his fine arts training, Mike strives to provide a quality product. When Michael and his brother Dean, a well-known Toronto architect get together for a vacation they spend their time talking shop and travelling around looking at construction details in every interesting building they can find.
Full time staff
as of December 31, 2023
Engineers on staff
as of December 31, 2023
Years of history
as of December 31, 2023
Loans funded from trusts
as of December 31, 2023
Doors under development
as of December 31, 2023
Acres under development
as of December 31, 2023
Individual investors
as of December 31, 2023
Capital in both trusts
as of December 31, 2023
Our dedicated team of decade-long professionals is here
to support you and your assets with care and due diligence.
Chairman, Tri City Group of Companies
Michael Goodman has spent more than 40 years involved in all facets of real estate development and provides the overall vision and leadership for the Tri City Group.
The original Tri City business was founded by Henry and Ruth Goodman in the 1960s and grew to include real estate development, asset ownership and private lending. Since joining the family business, Michael has expanded the scale of the real estate portfolio, while also expanding the private lending business.
Michael has been directly involved in all the acquisitions and developments related to the businesses. He has experience with property management, land development & rezoning, construction (commercial and residential), and private lending underwriting.
Since the 1970s, Michael has been a social justice activist, regularly supporting media efforts and social change organizations. He provides resources and funds to non-profit organizations through the Ruth and Henry Goodman Fund and his income from the mortgage trusts has allowed him to provide larger gifts to what he believes are pivotal projects.
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Michael Goodman has spent more than 40 years involved in all facets of real estate development and provides the overall vision and leadership for the Tri City Group.
The original Tri City business was founded by Henry and Ruth Goodman in the 1960s and grew to include real estate development, asset ownership and private lending. Since joining the family business, Michael has expanded the scale of the real estate portfolio, while also expanding the private lending business.
Michael has been directly involved in all the acquisitions and developments related to the businesses. He has experience with property management, land development & rezoning, construction (commercial and residential), and private lending underwriting.
Since the 1970s, Michael has been a social justice activist, regularly supporting media efforts and social change organizations. He provides resources and funds to non-profit organizations through the Ruth and Henry Goodman Fund and his income from the mortgage trusts has allowed him to provide larger gifts to what he believes are pivotal projects.
President & Tri City Fund Manager
Sandy Oh brings together over 20 years of business experience in private and public companies to Tri City Group. In the 1990s, Sandy worked as Project Manager for Okim Holdings, retrofitting several downtown Vancouver buildings, including the St. Regis Centre in 1997. Throughout the 2000s, he was involved in the technology sector, incubating start-up firms, working with investment banks, and developing private businesses for public offerings on the Toronto Ventures Exchange.
Between 2006 and 2010, Sandy was Vice President of the Newgen Group, a major real estate development and management consulting firm in BC, and helped assemble, finance and manage a portfolio of properties for the firm and its clients. The commercial portfolio was brought to over $20 million and included branded hotels and mixed-used commercial buildings in Nova Scotia. Sandy performed the initial investment analysis and advisory, arranged the financing, and then installed management systems.
Sandy has been with Tri City since 2011, first heading the Real Estate division and then overseeing daily operations of the private lending business. He currently handles all incoming mortgage files and underwrites all the loans together with Vicky Guo and when appropriate, with the Credit Committee.
During his time with Tri City, he has underwritten over $450 million in mortgages and managed over $40 million in real estate.
Sandy Oh brings together over 20 years of business experience in private and public companies to Tri City Group. In the 1990s, Sandy worked as Project Manager for Okim Holdings, retrofitting several downtown Vancouver buildings, including the St. Regis Centre in 1997. Throughout the 2000s, he was involved in the technology sector, incubating start-up firms, working with investment banks, and developing private businesses for public offerings on the Toronto Ventures Exchange.
Between 2006 and 2010, Sandy was Vice President of the Newgen Group, a major real estate development and management consulting firm in BC, and helped assemble, finance and manage a portfolio of properties for the firm and its clients. The commercial portfolio was brought to over $20 million and included branded hotels and mixed-used commercial buildings in Nova Scotia. Sandy performed the initial investment analysis and advisory, arranged the financing, and then installed management systems.
Sandy has been with Tri City since 2011, first heading the Real Estate division and then overseeing daily operations of the private lending business. He currently handles all incoming mortgage files and underwrites all the loans together with Vicky Guo and when appropriate, with the Credit Committee.
During his time with Tri City, he has underwritten over $450 million in mortgages and managed over $40 million in real estate.
CFO & Controller
Mr. Rushinko brings over 30 years of accounting and finance experience to the Tri City Group. After graduating from the Financial Management Program at B.C.I.T. with honours, Mr. Rushinko started his career in practice working for Dunwoody & Company concentrating on setting up and computerizing accounting and management systems for small to medium size private enterprises in addition to standard corporate and personal year ends and tax compliance. Mr. Rushinko was a member of the team to install Dunwoody’s customized internal accounting and management system known as DAMIS.
Mr. Rushinko left to join a Dunwoody client, the fourth largest food service organization in the province, as Controller and Director of Administration. The company was subsequently sold to a national food service operator.
Mr. Rushinko, having completed his CMA Designation, continued to work with several companies, in various industries ranging from retail sales, production, and manufacturing of both industrial and consumer products and service industries. He has worked to raise venture capital for a startup software company, and arranged financing from $100,000 to $50 Million.
Mr. Rushinko brings over 30 years of accounting and finance experience to the Tri City Group. After graduating from the Financial Management Program at B.C.I.T. with honours, Mr. Rushinko started his career in practice working for Dunwoody & Company concentrating on setting up and computerizing accounting and management systems for small to medium size private enterprises in addition to standard corporate and personal year ends and tax compliance. Mr. Rushinko was a member of the team to install Dunwoody’s customized internal accounting and management system known as DAMIS.
Mr. Rushinko left to join a Dunwoody client, the fourth largest food service organization in the province, as Controller and Director of Administration. The company was subsequently sold to a national food service operator.
Mr. Rushinko, having completed his CMA Designation, continued to work with several companies, in various industries ranging from retail sales, production, and manufacturing of both industrial and consumer products and service industries. He has worked to raise venture capital for a startup software company, and arranged financing from $100,000 to $50 Million.
Vice President of Real Estate
Mr. Lalani has been working in the building and development industry since 2002 after he obtained his undergraduate engineering degree from McGill University. Following that, he worked as a draftsman and project manager for small to medium-sized developers, having managed infill developments and historic building renovations in Brooklyn and Berkeley. He obtained his master of engineering degree from McMaster University in 2007.
After graduate school, Mr. Lalani took some time to appreciate the technology side of the development industry and was the interim President of SpaceDox, a Seattle-based software company delivering online, real-time plan review systems for builders, architects and developers to communicate with city planners
Mr. Lalani has been with Tri City Group since 2011. He is currently the land development consultant for Sierra Ridge in the Edmonton, Mission View Heights in Kelowna, Cold Lake Industrial Park in Bonnyville, Alberta. He is most interested in the public and political consultation process and how various stakeholders can help move and shape a project before a shovel touches the ground.
Please contact Omar if you have questions regarding development or income property management. Mr. Lalani is fluent in French, should you wish to communicate in French with the company.
Mr. Lalani has been working in the building and development industry since 2002 after he obtained his undergraduate engineering degree from McGill University. Following that, he worked as a draftsman and project manager for small to medium-sized developers, having managed infill developments and historic building renovations in Brooklyn and Berkeley. He obtained his master of engineering degree from McMaster University in 2007.
After graduate school, Mr. Lalani took some time to appreciate the technology side of the development industry and was the interim President of SpaceDox, a Seattle-based software company delivering online, real-time plan review systems for builders, architects and developers to communicate with city planners
Mr. Lalani has been with Tri City Group since 2011. He is currently the land development consultant for Sierra Ridge in the Edmonton, Mission View Heights in Kelowna, Cold Lake Industrial Park in Bonnyville, Alberta. He is most interested in the public and political consultation process and how various stakeholders can help move and shape a project before a shovel touches the ground.
Please contact Omar if you have questions regarding development or income property management. Mr. Lalani is fluent in French, should you wish to communicate in French with the company.
CCO, COO, Office Manager
Jim has over 25 years of experience in C-Level Management as a senior finance and accounting professional. He has acted as a CEO, CFO, CCO, Controller, GM, and Corporate Director for several public and private companies and has been involved with financing throughout his career, from IPO and startups to senior-level capital raises. His compliance experience is also extensive with all regulatory bodies, as is his Vancouver and Toronto business network.
Jim was certified as a CMA (BC) and holds 2 degrees from UBC including Commerce and BPE (Administration), and a Cost Accounting certificate from BCIT. He also holds the Exempt Market Dealer's and Officers' Partners', and Directors' Course Certification. Additionally, he’s trained extensively in IT, digital media, and computer technologies.
He worked in China as a lead financial consultant for a CEDA industrial expansionary team, was a professional drummer, and has 5 years of Mandarin education.
Jim has over 25 years of experience in C-Level Management as a senior finance and accounting professional. He has acted as a CEO, CFO, CCO, Controller, GM, and Corporate Director for several public and private companies and has been involved with financing throughout his career, from IPO and startups to senior-level capital raises. His compliance experience is also extensive with all regulatory bodies, as is his Vancouver and Toronto business network.
Jim was certified as a CMA (BC) and holds 2 degrees from UBC including Commerce and BPE (Administration), and a Cost Accounting certificate from BCIT. He also holds the Exempt Market Dealer's and Officers' Partners', and Directors' Course Certification. Additionally, he’s trained extensively in IT, digital media, and computer technologies.
He worked in China as a lead financial consultant for a CEDA industrial expansionary team, was a professional drummer, and has 5 years of Mandarin education.
VP of Real Estate Development
John is from a long line of carpenters and builders. He remembers as a child being on his grandfather’s job sites straightening nails and being a “Go-‘fer” and has had every role in construction from pounding nails to raising 10's of millions of dollars for construction projects.
John grew up at the feet of Harold Orr, CM, PEng, his father, a mechanical engineer, who was instrumental in researching and developing energy-efficient housing development in Canada. Harold worked for the National Research Council of Canada and his innovations, which include new insulation techniques and materials, air sealing and efficient ventilation, blower-door testing, and heat recycling, still serve as worldwide models for energy-efficient housing today some 40 years later.
Naturally like father, like son, John has developed a keen interest in energy-efficient housing and learned much from dinner time conversations and working with Harold building energy-efficient structures. His first real job was working on a framing crew building super-insulated housing and when he was in university, he built a super-insulated home in Yellowknife. In 1994 John earned his civil professional engineering status and is currently registered in British Columbia and Saskatchewan and has been registered in; Alberta and Ontario. John has managed the construction of sewer, water, and road work for 6 subdivisions, poured over 50,000m3 of concrete, established 8 Redi mix batch plants, excavated over 60 million m3 of earthworks (cut and fill), built 9 bridges, managed a piling foundation company, 3 hydroelectric stations, estimated in excess of 200 buildings, and has been the construction manager on 3 large projects with a combined value in excess of $800m.
John is from a long line of carpenters and builders. He remembers as a child being on his grandfather’s job sites straightening nails and being a “Go-‘fer” and has had every role in construction from pounding nails to raising 10's of millions of dollars for construction projects.
John grew up at the feet of Harold Orr, CM, PEng, his father, a mechanical engineer, who was instrumental in researching and developing energy-efficient housing development in Canada. Harold worked for the National Research Council of Canada and his innovations, which include new insulation techniques and materials, air sealing and efficient ventilation, blower-door testing, and heat recycling, still serve as worldwide models for energy-efficient housing today some 40 years later.
Naturally like father, like son, John has developed a keen interest in energy-efficient housing and learned much from dinner time conversations and working with Harold building energy-efficient structures. His first real job was working on a framing crew building super-insulated housing and when he was in university, he built a super-insulated home in Yellowknife. In 1994 John earned his civil professional engineering status and is currently registered in British Columbia and Saskatchewan and has been registered in; Alberta and Ontario. John has managed the construction of sewer, water, and road work for 6 subdivisions, poured over 50,000m3 of concrete, established 8 Redi mix batch plants, excavated over 60 million m3 of earthworks (cut and fill), built 9 bridges, managed a piling foundation company, 3 hydroelectric stations, estimated in excess of 200 buildings, and has been the construction manager on 3 large projects with a combined value in excess of $800m.
Designated Individual & Director
Vicky originally hails from Shanghai and is also fluent in Mandarin.
After graduating from university in the UK, Vicky began her career in research and consulting for a number of companies across Europe, Asia and North America. Over the last 8 years, Vicky has become a private lending broker specialist working on residential, commercial and construction mortgages across B.C. Her areas of lending speciality include pre-sales, bridge, equity refinance, working capital and debt consolidation. As an exempt market dealing representative, Vicky has also been involved in retail equity capital raising for mortgage funds.
In her spare time, Vicky likes travelling to the Okanagan Valley and Vancouver Island to explore the province’s best wineries and farms.
Vicky originally hails from Shanghai and is also fluent in Mandarin.
After graduating from university in the UK, Vicky began her career in research and consulting for a number of companies across Europe, Asia and North America. Over the last 8 years, Vicky has become a private lending broker specialist working on residential, commercial and construction mortgages across B.C. Her areas of lending speciality include pre-sales, bridge, equity refinance, working capital and debt consolidation. As an exempt market dealing representative, Vicky has also been involved in retail equity capital raising for mortgage funds.
In her spare time, Vicky likes travelling to the Okanagan Valley and Vancouver Island to explore the province’s best wineries and farms.
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Address
Suite 350 - 1201 Pender Street West Vancouver. B.C. V6E 2V2
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Monday – Friday,
except holidays
09:00 – 17:00
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