Crux Capital is a value-add real estate investor, developer and venture capital investor active across Canada. We exist to build extraordinary value with others and learn from everything we do.
At Crux Capital, we believe in Deals Done DifferentlyTM. Shaped by 25 years of execution, we have the independence, judgment and experience that allows us to invest our money, and our partners’ money, on fewer, better investments – in pursuit of better results and aligned relationships. Crux is looking to make investments in platforms and value-add real estate investment and joint ventures between $5 million and $50 million. We are responsive, unfiltered, curious and open to all property types.
Since 2013, Crux and its partners have purchased over 4 million square feet of commercial property and are participating in well over 1 million square feet of development, completing over $500M in transactions.
Great results are a function of being selective, consultative, making the right judgment calls and executing them to the best of your and your partners’ abilities.
The “crux” in climbing and mountaineering is the most difficult section of a route, or the place where the greatest challenge and danger exists. It is the place where years of experience come to bear in the form of good judgment and the ability to execute in ways that others cannot.
Fewer, better things
An investor and partner shaped by more than 100 real estate investments and more than $10 billion in deals.
From the start of his career in 1990, for Peter Aghar it has always been about the challenge, the chance to be fully engaged and the opportunity to learn. And more than anything, it’s been about the fundamental need to both see and create value.
Satisfaction comes from execution and from seeing something differently. That’s how Peter stands apart: he has the ability to see things differently based on judgment, experience and independence, all shaped by 25 years of execution.
He began his career with General Electric in a series of finance roles, culminating as Managing Director of Institutional Accounts for GE Capital Real Estate. In that position, he led debt and equity real estate transactions with commitments totaling $2 billion, involving over $5 billion in real estate value.
In 2002, Peter was a founding partner of KingSett Capital, Canada’s leading private equity real estate business. KingSett co-invests with pension funds and high net worth individual clients where active management can achieve premium risk weighted returns. During Peter’s tenure as President and Chief Investment Officer, KingSett raised over $1.5 billion in equity in four separate funds and completed over $5 billion in real estate transactions. KingSett invested through Growth Funds, Mortgage Funds and an Income Fund, each with its own risk/return strategy.
In 2013, Peter founded Crux Capital, a value-add real estate investor and developer, and venture capital investor. The Crux vision is fewer investments, with better results and aligned relationships.
As Peter puts it, “I am looking to do fewer, better things – to make investments in platforms and assets with extraordinary results, to build wealth for me and my partners by making the right judgment calls and executing them to the best of my and my partners’ abilities. I believe I see things differently and judge risk differently, with a deeper experience set. I think and act like an owner.”
Since 1990 Peter has led more than 100 real estate investments with a total value in excess of $10 billion. Investments have covered virtually all product types: office, retail, industrial, apartments, condominiums and specialized assets (including senior living, healthcare, self-storage and temperature-controlled properties). Investments span across all major and secondary cities in Canada, as well as in the US, Brazil, Australia and New Zealand.
A CPA, CMA, Peter holds an Honours Mathematics Degree from the University of Waterloo. A member of the Young Presidents’ Organization, he participates on a variety of public and private boards, including Granite REIT (TSX: GRT.UN) and PRO REIT (TSXV: PRV-UN.V).
Bold, curious, decisive and direct, Peter has been an adventure traveller since his teens, climbing, paddling, scuba diving, cycling and trekking around the world. With True Patriot Love, he walked to the Magnetic North Pole and retraced the final leg of the route of Alexander Mackenzie’s historic crossing of North America. Even so, the greatest adventure of his life is being a father to two daughters, as well as a husband.