IHA Canada Appoints Industry Veteran Asif Khan as CEO to Complete the $900 Million Retirement Master Community Construction Near Ottawa
May 29 2023 - 9:33PM
Business Wire
The Board of Directors at IHA Canada (Innovative Housing
Alternatives) announced the appointment of Asif Khan as CEO,
Effective May 23, 2023. IHA’s Glengarry Hills Village is an
innovative 54-acre land project set for construction in Alexandria,
Ontario, located close to Canada’s capital city of Ottawa.
This state-of-the-art project located in the village of
Alexandria, nestled within a short commute to Ottawa and Montreal,
Glengarry Hills Village is conceptualized and designed to redefine
retirement living.
Asif Khan brings 25+ years of extensive experience in Capital,
Financial, and Real Estate Markets, making him a successful
entrepreneur with exceptional vision. Currently Asif is the head of
Verona Real Estate Group, renowned for its global reach in capital
and real estate markets, and CEO of Skymark Management Corporation,
Asif spearheaded regulated structures to focus on Shariah and
ethical investors seeking investments in the real estate
sector.
"We are excited to welcome Asif as the new leader of IHA Canada
and celebrate the successful completion of Glengarry Hills Village,
a project that began four years ago. I had the privilege of working
with Mr. Khan in the early 2000s in finance and eagerly anticipate
our collaboration once more. Under Asif's visionary leadership, our
team will pioneer an industry-leading retirement village model for
today's active seniors," expressed Ms. Françoise E. Lyon, a Board
of Directors member.
Mr. Khan stated, “This project embodies a lifetime of
preparation, allowing me to align my values, experience, and
beliefs to create an unprecedented venture in this market. The
approval of the site plan for the first two phases of the 10-phase
Master Plan retirement community by the municipality of Alexandria
greatly facilitates my role.”
Glengarry Hills Village is a meticulously designed Senior
Village with 750 residences and a commercial core. It offers a
Unique Value Proposition (UVP) centered around a non-institutional
community-based Senior Living environment, allowing seniors to Age
in Place. The village provides modern amenities, affordable
eco-friendly rentals, and convenient on-demand access to a
comprehensive range of home and health care services. It also
features a diverse selection of tailored amenities that promote
independence, family connections, and freedom of choice for
residents.
“Glengarry Hills Village will have cutting-edge technology
integrated throughout the village, residents will have effortless
access to various services with just a touch of a button,” stated
Roy Bernhard, Chief Technology Officer.
The project has garnered strong support from the municipality,
local community, and urban areas like Ottawa and Montreal. This is
evident through a substantial list of interested individuals
looking to reserve a unit.
The construction of the first two phases is scheduled to
commence in the summer of 2023, occupation is expected in early
2024.
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For information on IHA Canada and the Glengarry Hills Village
retirement community please contact: Roch Charbonneau Executive
Vice President, Strategy & Development Email at
rcharbonneau@ihacanada.ca Telephone at 819-503-7401 Visit our
website www.glengarryhills.ca