Northern Premier Investments Ltd.
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Past Investment Projects
 

Mr. Croft Axsen, owner and CEO of Northern Premier Investments Ltd. has been successfully completing real estate projects with limited partnerships since 1996 as well as being president and owner of Jencor Mortgage, one of the largest independent Mortgage Brokerages in Western Canada. Below are some of the highlights of his previous real estate developments:

Erlton Court 1996 – 1997 “Apartment to Condominium Conversion" – Calgary, AB

Erlton CourThirty unit apartment complex, purchased in Calgary’s inner city for redevelopment potential and future demand. Property purchased for 1.2 Million, invested $300,000 in renovations and exited this project selling each unit for between $65,000 to $82,000: A 30-64% profit per unit.



Ocean Front Estate Homes 1999 – 2002"Estate Development" – Kauai, Hawaii, USA

Kauai$9.5 Million USD subdivision and development project of three luxury Pacific ocean front homes, all overlooking the beautiful tropical bay of Poipu. This project realized investors a $3.5 Million USD profit and was sold at the height of a worldwide economic crisis following September 11, 2001.

Resort Property 2006 – 2007 “Land Valuation Opportunity" - Sylvan Lake, AB

Sylvan LakeUndeveloped parcel with 2000 ft of lakefront footage this 160 acre was purchased for CAD $8 Million. Eight months later this property was re-sold for $12.5 Million. The project realized a 56% ROI for the partnership during this brief holding.


Calgary 2006-2007 “Premium Infill Developments" – Calgary, AB

Two above average size lots were purchased in Calgary’s Hillhurst community. After subdividing the lots four custom executive homes were built and sold realizing an above average ROI for our partners.

Bearspaw 2007- 2008 – "Sale of Industrial land" – Calgary, AB

BearspawIndustrial land holding of 160 acres with high density deposits of gravel situated adjacent to three commercial gravel operations. Purchased for $7.25 Million sold in the fall of 2008 for $11.25 Million providing a 57% ROI for the partnership in a short timeframe.

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