After operating for 50 years in Canada, the Drewco Development Corporation and Drewlo Holdings entered the US apartment market as a part of its growth strategy for the next half century in 2008. Associated firms include Marquee Asset Management, which offers diverse investment options through Shelter Asset Management and SAM Residential Group, LLC. The Drewco/Drewlo family of companies ranks as Canada’s ninth largest rental housing provider and was recognized as the Best Rental Housing Provider nationally by the Canadian Federation of Apartment Associations in 2021.
Together, Drewco/Drewlo form an impressive portfolio of real estate, development, and construction companies. This family company’s story begins with Eugen Drewlo, who started the multi-family rental company in 1958. Since its inception 63 years ago, Drewlo Holdings has owned, constructed, and operated nearly 10,000 apartment units spanning 70 locations across southwestern Ontario in Burlington, Sarnia, London, Kitchener, and Woodstock.
2. After operating for 50 years in Canada, the Drewco Development
Corporation and Drewlo Holdings entered the US apartment
market as a part of its growth strategy for the next half century in
2008. Associated firms include Marquee Asset Management,
which offers diverse investment options through Shelter Asset
Management and SAM Residential Group, LLC. The Drewco/Drewlo
family of companies ranks as Canada’s ninth largest rental
housing provider and was recognized as the Best Rental Housing
Provider nationally by the Canadian Federation of Apartment
Associations in 2021.
3. Together, Drewco/Drewlo form an impressive portfolio of real
estate, development, and construction companies. This family
company’s story begins with Eugen Drewlo, who started the
multi-family rental company in 1958. Since its inception 63 years
ago, Drewlo Holdings has owned, constructed, and operated
nearly 10,000 apartment units spanning 70 locations across
southwestern Ontario in Burlington, Sarnia, London, Kitchener,
and Woodstock.
4. Today, Allen Drewlo serves as president of both Drewlo Holdings
and Drewco Development Corporation, which was established in
1984. Drewlo Holdings employs 600 people who are involved with
every part the development process including site planning,
planning approvals, construction, leasing, and maintenance and
operation of the building. Drewco serves as the umbrella company
for Drewlo Homes, Ironstone Building Company, Ironstone
Condos, Riverside Concrete Forming, and Marquee Asset
Management.
5. Ironstone Building Company, the largest home builder in
southwest Ontario, specializes in ready-to-go houses. As of
2021, it has built over 500 homes in the area and has been
recognized for its work. In 2021, the company was given the
Ontario Home Builders Innovation Award and was voted Best
Home Builder in Los Angeles.
6. Ironstone Condos, a division of the Ironstone Building Company,
specializes in townhomes. Its award-winning communities include
London, Ontario and residential developments in Summerside
Trail, Hyde Park Meadows, Killaly on Thames, and Ponds Mill
Trails.
7. Another company in the firm’s portfolio of holdings is Riverside
Concrete Forming, a leading concrete company specializing in
commercial concrete, high-rise concrete services, and city curbs
and sidewalks. This company provides another example of Drewlo
taking charge of all aspects of the real estate business from
developing new apartment towers to building single family homes
and condominiums.
8. The companies under Marquee Asset Management focus on
providing advice and consulting on real estate investment
strategies. Shelter Asset Management is involved with apartment
asset management, construction project management, multi-
development advisory, and real estate consulting. This company
provides services to SAM Residential Group, LLC, which focuses on
multi-family residential investment with institutional partners.
9. Ultimately, the entire portfolio has been built on 60 years of
expertise keeping the following principle in mind: The company
simply makes decisions an owner would make so to deliver results
owners expect. For this company, success comes through making
conservative real estate investments that create value. The assets
that are a part of the firm’s holdings are Class A properties that
have been constructed through controlled costs and standard
practices. All of these strategies have resulted in increased cash
flow for their clients.