Troika Developments

About Troika Developments

Troika Developments is a real estate operator headquartered in British Columbia. Troika Developments operates in Kelowna, British Columbia. Its investment focus is on Condominiums, Multifamily - Ground-up and Single-Family Homes.

TROIKA is a Kelowna, British Columbia-based real estate development, construction, and property management company founded by Renee Merrifield in the late 1990s. With roughly 27 years in operation, the firm manages projects from land acquisition and planning through construction, sales, leasing, and ongoing property management. The company reports 51–200 employees and focuses primarily on residential development in British Columbia and Alberta. Its work includes purpose-built rental apartments, senior housing, condominiums, townhomes, single-family communities, mixed-use projects, commercial buildings, renovations, and tenant improvements. TROIKA’s current rental strategy is centered on its Troika Living platform in Kelowna. The planned portfolio exceeds 1,500 purpose-built rental units, while projects at 500 Asher Road, 285 Dougall Road, 1110 Lawson Avenue, and Barlee Road were expected to add more than 500 homes. Other developments have included the 190-home Green Square community, West Harbour in West Kelowna, Caribou Crossing in Prince George, and Stewart Greens in Edmonton markets.

Principals at Troika Developments