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May 01, 2019

Section23 acquires Baywest Homes

Pepper Rodriguez

News Photo

Section23 Developments announces that it has reached an agreement with Bordeaux Properties to acquire its ownership of Baywest Homes. Under a previous agreement forged in 2015, Bordeaux Properties and Section23 were 50/50 partners in the established, award-winning Calgary home builder.

Section23, which offers executive paired homes in Mahogany, says the acquisition marks an important milestone in Section23’s growth and evolution. “We are very excited about the future of Baywest Homes,” says Chris Plosz, Section23’s President.

“Baywest has long been one of the city’s most respected builders known for its fresh approach to homebuilding, outstanding design, integrity and craftsmanship — traits that align perfectly with Section23’s corporate values and vision,” he adds.

“With the new ownership structure, Baywest Homes now becomes part of a diverse and multi-faceted real estate organization, complementing Section23’s land holdings and presenting a tremendous opportunity to pursue Section23’s mission of creating
dynamic, inspired built environments that foster a legacy of social connections for all generations,” says Robert Ollerenshaw, Section23’s Executive Chairman.

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