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About Us

Corporate Profile

Maplewood International REIT is a Canadian based growth-oriented international REIT, established to invest in high-quality income producing commercial real estate outside of Canada. Our initial geographic focus is on the investment grade countries of Europe, with an initial target market of the Netherlands. Our mission is to provide Canadian investors with high-quality international real estate diversification and deliver stable, sustainable, and growing cash flows to unitholders, on a tax-efficient basis.

Management Team Board of Trustees

Learn About Our Investment Management Team

Finding the right investment property is often a challenge, and your options may seem overwhelming. At Maplewood International REIT, we want you to feel confident in your decision to invest in our properties. That's why we provide in-depth biographical information for each of our management team members and trustees.

Kursat Kacira - Founder, Chief Executive Officer & Trustee

Kursat Kacira, a resident of Mississauga, Ontario, has over 25 years of real estate, finance, capital markets, and accounting experience in Canada, the United States, and Europe. Mr. Kacira most recently served as President, Chief Executive Officer and Director of Firm Capital American Realty Partners Corp., a TSXV-listed real estate investment company focused on investing in the United States. Mr. Kacira was previously Chief Financial Officer of GT Canada Medical Properties Real Estate Investment Trust (“GT”), a TSXV-listed real estate investment trust, where he was responsible for reconfiguring GT into an international healthcare real estate investment trust, renamed NorthWest International Healthcare Properties Real Estate Investment Trust. Mr. Kacira also concurrently served as Chief Financial Officer of NorthWest Value Partners Inc., GT’s controlling unitholder. Previously, Mr. Kacira was Chief Financial Officer of Whiterock Real Estate Investment Trust (“Whiterock”), a TSX-listed real estate investment trust. At Whiterock, Mr. Kacira was responsible for overseeing all finance, accounting, capital markets, treasury, tax, risk management, and investor relations functions. Mr. Kacira was also involved in acquiring and financing $550 million of commercial properties in Canada and the United States. Mr. Kacira was subsequently responsible for executing the sale of Whiterock to Dundee Real Estate Investment Trust in March 2012 for an enterprise value of approximately $1.4 billion. Prior to joining Whiterock, Mr. Kacira was Vice President & Director in the Real Estate Group, Investment Banking at TD Securities Inc. in Toronto, where he worked for the previous nine years. Mr. Kacira’s professional experience prior to TD Securities Inc. also includes investment banking in the United States (Bear, Stearns & Co. Inc. in New York, USA) and public accounting in Canada and Europe (Price Waterhouse in Toronto and Paris, France). Through Mr. Kacira’s investment banking career in Canada and the United States, he was responsible for raising over $5 billion of debt and equity capital for publicly listed companies across numerous industries, primarily in the real estate sector. Mr. Kacira is a Chartered Accountant (Ontario), has a Master of Business Administration (Dean’s Scholarship) from the Stern School of Business at New York University in New York, USA, and a Bachelor of Mathematics (Honours) from the University of Waterloo.

Sean Nakamoto – Interim Chief Financial Officer & Trustee

Sean Nakamoto, a resident of Oakville, Ontario, is the Co-Founder and Co-President of Mohawk Realty Advisors, a specialized commercial real estate platform providing asset management, property management and investments of medical office buildings and other healthcare assets. Mr. Nakamoto was also the Co-Founder, Co-President and Trustee of Mohawk Medical Properties REIT that was sold to a US based public company in 2018. Previously, Mr. Nakamoto was Chief Financial Officer and Senior Vice President, Acquisitions for GT Canada Medical Properties REIT, where he was involved in its formation from a capital pool company through its qualifying transaction and subsequent conversion to a TSXV-listed real estate investment trust. While at GT, Mr. Nakamoto acquired and financed a portfolio of 12 medical office buildings across Ontario. Prior to joining GT, Mr. Nakamoto was Chief Financial Officer for one of Canada’s leading medical real estate consulting companies. Prior to this, Mr. Nakamoto was Vice President, Acquisitions & Finance at NorthWest Healthcare Properties (“NorthWest”), where he was responsible for corporate strategy, corporate finance, reporting, and real estate acquisitions and finance. While at NorthWest, Mr. Nakamoto was directly involved in the acquisition and financing of over 40 medical office buildings across Canada. Previously, Mr. Nakamoto spent five years as an investment banking professional in the Real Estate Group at TD Securities Inc., where he was involved in raising in excess of $4 billion in corporate debt financings as well as being involved in public real estate equity offerings, private placements, the formation of a commercial mortgage backed securities program, several high profile real estate merger and acquisition mandates, and commercial real estate dispositions. Mr. Nakamoto’s education includes an Honours Bachelor of Commerce from the University of Guelph, the Urban Land Economics program at the University of British Columbia, the Canadian Securities Course from the Canadian Securities Institute, Exempt Market Proficiency Course from the Investment Funds Institute of Canada and the Building Design, Operation and Maintenance program from the Building Owners and Managers Institute (BOMI).

Board of Trustees

Paul Simcox - Chairman

Paul Simcox, a resident of Toronto, Ontario, is the founder and Chief Executive Officer of NorthHaven Capital (“NorthHaven”), an investment holding and advisory firm focused on asset management, platform creation, acquisitions, and equity and debt financing.  He is also the founder of Distrikt Capital, focused on residential mid and high-rise land development primarily in the Greater Toronto Area.  Since inception these platforms have completed transactions in excess of $350 million in the residential and retail real estate development sectors.  Prior to NorthHaven, Mr. Simcox was the co-founder, Executive Vice President, and Trustee of Whiterock REIT. While at Whiterock, Mr. Simcox’s responsibilities included property acquisitions and mortgage financings, transaction negotiations, corporate finance and strategy.  Over the course of his tenure at Whiterock, the platform grew rapidly from initial capital pool company formation to a fully integrated real estate investment trust with properties in multiple markets across Canada. Whiterock was subsequently acquired by Dundee Real Estate Investment Trust in March 2012 for $1.4 billion.  Prior to co-founding Whiterock, Mr. Simcox worked in real estate investment banking at Credit Suisse First Boston and Donaldson, Lufkin & Jenrette, and subsequently in real estate private equity at JPMorgan Partners, all based in New York, USA. During this time he was involved in over $4 billion of corporate and asset level real estate transactions including public and private debt financings, public and private equity, and portfolio and operating platform joint ventures. Mr. Simcox’s diverse background combines both public and private capital markets transactional experience, as well as experience managing and leading rapidly growing organizations. Mr. Simcox has an Honours Business Administration degree from the Richard Ivey School of Business at the University of Western Ontario.

Nick Kanji - Trustee

Mr. Kanji, a resident of Toronto, Ontario, has over 35 years of executive management experience in the Canadian real estate industry. Mr. Kanji currently serves as President of Sutter Hill Management Corporation, a family owned, Toronto based real estate investment and management company, specializing in value creation and repositioning of commercial real estate projects. Mr. Kanji also served from 2008 to 2012 on the board of trustees of Whiterock, a TSX-listed real estate investment trust. While on Whiterock’s board, Mr. Kanji served as Chair of the Audit Committee. Mr. Kanji’s prior experience includes serving as Vice President of Genstar Commercial Developments and Vice President of Alexis Nihon Developments. In addition, Mr. Kanji’s prior international experience includes working in merchant banking in London, England, specializing in real estate acquisitions and financings. Mr. Kanji has previously volunteered as Chairman of Seneca College Foundation and Focus Humanitarian Assistance Canada and has held leadership positions in a number of other charitable organizations. Mr. Kanji is a Fellow of the Institute of Chartered Accountants in England and Wales.

Sean Nakamoto - Trustee

See Management Team

Kursat Kacira - Trustee

See Management Team