Summary
Millennium III Group of Companies
Founded in 2007
Description
The Millennium III Group of Companies was founded in 1981 by a group of Western Canadian business people in order to participate collectively in the ownership of commercial real estate. Traditionally, investors who wish to become involved in this market are faced with a number of challenges. These include the requirement for large capital outlays, financing, and knowledge of the market, as well as an understanding of the complexities of commercial asset and property management. This leaves specialist developers or large financial organizations, such as banks and pension funds, to appropriate the bulk of profits, capital gains, and tax benefits available in this highly lucrative field. An investment with Millennium III offers you the opportunity to profit from this market through partnership. For the past 35 years, we have employed an investment model whereby commercial properties can be acquired with minimum individual capital outlay and maximum tax advantages. Through a limited partnership structure, the investor participates fully in the profits from operations without the need for commercial real estate expertise. Directors of the Millennium III Group of Companies personally own units in each limited partnership to ensure our long-term commitment to all of our projects. Millennium III has a proven track record and long history of successful investment in 81 projects to date. We are one of the largest commercial landlords in Saskatchewan and, on behalf of more than 1,400 investors, we currently own and operate more than $325 million worth of investment property across Western Canada. Our limited partners benefit from average annual returns on their real estate investments that are typically in the range 15% to 22%* at maturity. Many of our partners own multiple units in our projects, returning year after year to participate in our new syndications. Our success is based on keeping the best interests of our investors at heart, and we invite you to join us.
Strengths
- Millennium III Group of Companies has a strong market share in their industry
- Demonstrating revenue growth that is faster than the industry average
- The number of employees is growing faster than the industry average
- Revenue growth is more steady than the industry average
- Since Millennium III Group of Companies was founded, the company has grown faster than the industry average
Weaknesses
- Revenue generated per employee is less than the industry average
Annual Revenue
Millennium III Group of Companies's annual revenue
$5682000
Based on Kona Equity data
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Revenue per employee
$334118
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Variance of revenue growth
0.0
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Annual revenue growth since founding
$334118
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Revenue growth rate from first known quarter to current
10.1%
Employee Count
22 employees
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Employee growth rate from first known quarter to current
-15.4%
Executives
John Kearley
President
j**@millennium3.caKen Nicholson
Vice President, Investor Services
k**@millennium3.caAllan Lebiszczak
Vice President, Accounting Services
a**@millennium3.caJerald Tekatch
Vice President, Sales & Marketing
j**@millennium3.caJarvis Rein
Vice President, Finance
j**@millennium3.caDawn Kugler
Executive Assistant
d**@millennium3.caKyle Touet
Manager, Investor Services
k**@millennium3.caWilson Bree
Content Analysis Details
w**@millennium3.caIndira Goodman
Accountant
i**@millennium3.caDeb Mcdonald
Corporate Controller
d**@millennium3.caG Score - 5
The G Score is an eight-point scale where firms are given a score of 1 for each of the criteria that they pass. The G score compares a company against the industry median to find those that are healthy and growing.
- G1 Revenue is greater than the industry median.
- G3 Revenue growth rate from the first known quarter to current is higher than the industry average.
- G4 Employee growth rate from the first known quarter to current is higher than the industry average.
- G5 Variance of revenue growth is less than the industry average
- G6 Annual revenue growth since founding is higher than the industry average.
Location
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Key Information
- Name: Millennium III Group of Companies
- Category: Financial services
- Industry: Property Management Company
- SIC: 62
- NAICS: 523; 52393
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Firmographic data G Score of 5 Founded in 2007 SIC: 62 NAICS: 523 NAICS: 52393 #Investment Banking #Finance
Frequently Asked Questions
Millennium III Group of Companies's headquarters are located at 2612 Koyl Ave Saskatoon, Saskatchewan S7L 5X9.
Millennium III Group of Companies's official website is millennium3.ca
Millennium III Group of Companies's annual revenue is $5.7 M.
Millennium III Group of Companies's SIC: 62
Millennium III Group of Companies's NAICS: 523; 52393.
Millennium III Group of Companies has 22 employees
Millennium III Group of Companies is in the industry of Financial services.