Pacific Reach is a diversified investment company, a developer, and a family business.
Our story began in the early 1970s, when Abdul and Shamim Jamal immigrated to Canada from Tanzania. Soon after arriving, they bought a share in an IGA grocery store in Chilliwack, British Columbia. Leveraging the success of the store, they reinvested their income into a chicken farm, selling eggs to restaurants across the Lower Mainland.
Ten years later, they used the proceeds from the farm to purchase a motel and a nursing home. This marked the beginning of an enterprise that would become Retirement Concepts, British Columbia’s largest owner of retirement communities.
In 2014, the family’s second generation, led by Azim Jamal and Joe Moosa, founded Pacific Reach. Their vision was clear: to unlock the value of high-quality apartment buildings, hospitality and commercial properties through targeted, thoughtful investment.
Today, our portfolio includes over 1,800 apartment units, 1.4 million square feet of commercial space, and 1,200 hotel rooms, including two of Canada’s most iconic luxury properties: the Rosewood Hotel Georgia in Vancouver and the Ritz-Carlton in Toronto
In addition to real estate development, Pacific Reach maintains a sophisticated capital markets division that manages two distinct funds alongside a private asset portfolio. Our REIT Fund leverages the hands-on, owner-operator expertise of our real estate business to build a concentrated portfolio of listed real estate securities. Our Alpha Fund is a diversified, actively managed equities vehicle — style-agnostic by design, deploying capital across value and growth opportunities where conviction is highest.
Complementing these two funds, we invest directly in private assets: venture capital, private equity, and direct investments. Both the REIT Fund and the Alpha Fund have substantially outperformed their respective benchmarks since inception, and our private markets activity reflects the same first-principles discipline: we back businesses we understand deeply, at prices that reflect a genuine margin of safety.
Through all of this growth, Pacific Reach continues to be a family enterprise at its core. We remain guided by a deep commitment to long-term relationships, entrepreneurial ingenuity, and the same work ethic that built our very first business. We invest not just for immediate returns, but to build a lasting legacy for the communities we serve.