Graham Coe & Pete Sauerbrei
Managing Partners
We built Cityflats on our shared belief that strategic investing in multi-residential real estate is the best way to grow and preserve wealth. This is the driving force behind the foundation of Cityflats and is a philosophy that still holds true today.
However, the key to our success is our relationship with our investment partners. Our investment approach promises a boutique experience that is transparent, passive, and accessible. We aim to provide outcomes that exceed expectations. Simply put, partnerships are the foundation of our business.
We firmly believe that the success of our projects also depends on the success of our team. We compensate our team based on performance and we personally invest in all our projects because we believe that it is the best place for our own capital. It is this combination of strategic partnerships and dedicated team members that allow us to deliver successful projects.
Managing Partners
Pete co-founded Cityflats in 2019 with the goal of developing, acquiring, and managing institutional-grade multi-residential real estate.
Pete is heavily involved in day-to-day operations and acquisitions for Cityflats, while he also oversees the company’s strategic relationships, investor relations, and capital raising.
Prior to Cityflats, Pete was both a realtor and owner operator of his rental property portfolio, which began with single-family homes and progressed into multi-unit buildings and purpose-built rental apartments. Over the years he successfully executed, from start to finish, several value-add repositioning, major rehabilitation, and in-fill development projects.
Pete earned his degree in Business Administration with a specialization in finance from Eastern Michigan University. He has more than 15 years of hands-on investment experience in the multi-residential real estate sector and is integral to the growth and success of Cityflats.
In 2019, Graham co-founded Cityflats with the belief that making strategic investments in institutional-grade multi-residential real estate was the best way to grow and preserve wealth.
Graham is heavily involved in day-to-day operations and acquisitions for Cityflats, while he also oversees the company’s financial underwriting, debt financing, and deal structuring activities.
Prior to Cityflats, Graham worked for an institutional investment management firm where he focused on multi-residential investments and acquisitions across Canada. Previously, he held a similar role with a publicly traded company based in Western Canada. During his career, Graham has been involved in the acquisition and financing of over $1B in multi-residential real estate totalling +3,000 units.
Graham earned his degree in Management with a specialization in finance from Western University and his MBA from Smith School of Business at Queen’s University. He has more than 15 years of experience in real estate finance and is key to the investment activities and success of Cityflats.
Kelli has been with Cityflats since day one. She has been working alongside Pete for nearly 10 years as a property manager, deal administrator, and asset manager.
Now, in her role as Chief of Staff, Kelli leverages her experience in property management and operations to facilitate relationships across our organization and manage day-to-day office operations. She also supports property acquisitions, capital raise activities, and assists in development coordination while simultaneously leading our sales, leasing and marketing efforts.
Kelli earned her Advanced Diploma in Business Administration & Marketing from St. Lawrence College. She has over 10 years of hands-on real estate experience and is critical to the day-to-day operations of Cityflats.
Duncan joined Cityflats in 2023 to help lead and grow our development business. As a key member of senior management, he is responsible for the detailed design, pre-construction coordination and construction activities of our development projects.
Duncan has more than 15 years of experience working alongside industry leaders, with a focus on design-build projects. Having consulted on a wide variety of structures, he also has extensive experience managing design-build operations and taking projects from inception to completion.
Duncan has a specialty in mass-timber design, but also has extensive experience working in wood frame, concrete, steel, and masonry across a design portfolio that includes multi-unit residential, mid-rise, schools, university buildings, community centres, botanical gardens, Indigenous centres, commercial buildings, museums, art installations and a wide variety of other residential projects.
Duncan earned his Bachelor of Applied Science from Dalhousie University and holds a Professional Engineers Designation (P. Eng.).
Ian joined Cityflats in 2024 as Director of Construction Management, where he leads new construction initiatives, oversees daily operations, and ensures the successful delivery of all project deliverables.
With over a decade of experience in multi-residential construction, Ian plays a pivotal role in advancing Cityflats’ construction management division. During his tenure with Podium and PCL Construction, he successfully delivered over 900 units and more than 1 million square feet of construction. His diverse portfolio includes high-rise and mid-rise buildings, hospitals, museums, and residential developments. Ian brings expertise across all aspects of development, with specialized knowledge in mechanical and electrical systems as well as steel, wood-frame, and masonry construction.
Ian holds a Bachelor of Applied Science in Civil Engineering from Western University.
Jeff serves as the Director of Real Estate, where he leads strategic initiatives in acquisitions, legal diligence, capital raising, and investor relations. With a strong foundation in real estate law, he brings a deep understanding of the complexities involved in transactions and market dynamics.
As a licensed lawyer in Ontario, Jeff contributes a unique and valuable perspective to the leadership team. Before joining Cityflats in 2023, he practiced at Norton Rose, a firm specializing in real estate and business law. There, Jeff honed his expertise in handling complex legal and transactional matters, equipping him with the skills to excel in his current role.
Jeff earned a bachelor’s degree in political science from Queen’s University and a law degree from Leicester Law School in the United Kingdom. He is an active member of the Law Society of Ontario and Kingston’s Frontenac Law Association, demonstrating his ongoing dedication to professional excellence and thought leadership in the real estate sector.
Conor joined Cityflats in 2021 and has risen to the position of VP, Finance. In this role, he oversees the financial performance and optimization of Cityflats’ real estate portfolio, ensuring alignment with the company’s long-term investment goals and leveraging market opportunities. His key responsibilities include managing asset acquisitions and dispositions, conducting financial analysis, and driving operational improvements.
Prior to joining Cityflats, Conor worked at the prominent public accounting firm Whitney Addison, where he specialized in tax compliance and financial reporting. In this role, he supported numerous corporate clients in streamlining financial operations and developing financial strategies to enhance efficiency.
Conor holds a Bachelor of Business Administration with a specialization in finance and economics from Lamar University, as well as a Graduate Diploma in Accounting from Queen’s University. Committed to professional growth, he is currently pursuing his Chartered Professional Accountant (CPA) designation.
As Manager of Sales & Marketing at Cityflats, Lesley leads the creation and execution of comprehensive sales strategies and marketing initiatives for our residential and mixed-use projects. Her forward-thinking mindset and proven track record has helped to expand Cityflats’ reach and enhanced the visibility of its residential developments.
Since joining Cityflats in 2022, Lesley has made a profound impact by coordinating brand design and development, ensuring that each project aligns with the company’s core values and long-term vision. Her creative yet methodical approach has been key to promoting Cityflats’ projects and solidifying the company’s market presence.
Before Cityflats, Lesley gained invaluable experience in Sales Management at L’Oréal Canada and as a manager for the Cornell-Queen’s Executive MBA Program at Queen’s University. These roles allowed her to refine her leadership and organizational skills, enabling her to lead teams effectively and execute complex initiatives seamlessly.
Lesley holds an honors Bachelor of Health Sciences degree from Western University and a Master’s degree in Marketing from Webster University in St. Louis.
Tom joined Cityflats in 2023 as Project Coordinator, where he plays a key role in the coordination and execution of developments. He works closely with internal teams and external stakeholders to ensure projects are delivered on schedule, within budget, and aligned with the company’s development goals.
With extensive experience in project supervision and property management, Tom brings invaluable expertise to the successful delivery of complex projects. His keen eye for design and adept coordination of trades were pivotal in the successful design and construction of Cityflats Nicholson Point homes, seamlessly combining timely execution with exceptional aesthetics.
Tom holds a Bachelor of Applied Science (BASc) in Civil Engineering from Queen’s University. He also earned a Certificate in Property Development and Investing from the University of Cape Town and a Certificate in Business Sustainability Management from the University of Cambridge.
Bryson joined Cityflats in 2024, to assist with the management of our accounting system and to provide support for our financing activities. Serving as Project Accountant, Bryson is responsible for analyzing project accounting records and implementing streamlined procedures for recording costs and budgetary data.
Prior to joining our team, Bryson gained valuable experience at Providence Care Hospital, where he played a pivotal role in preparing and maintaining accounting records, as well as offering clerical support to both management and patients.
Bryson holds a Bachelor of Business Administration from Laurentian University, with a specialized focus in finance and accounting.
Ryan joined City Flats in 2024 to support and oversee operations in the Finance department. As Financial Controller, he plays a vital role in managing the company’s accounting systems and financial reporting, ensuring compliance with industry standards.
Previously, Ryan worked as a Senior Accountant in KPMG’s Audit division for three years, gaining valuable expertise in financial analysis, identifying opportunities and risks, and providing tailored solutions for both private and public sector clients. His work fostered diverse client relationships and emphasized the importance of meeting clients’ unique needs.
Ryan holds a Bachelor of Commerce with a major in Accounting from Saint Mary’s University in Halifax, Nova Scotia, and is currently advancing his professional development by pursuing his CPA designation.
Alex joined Cityflats in 2024 as a site superintendent for our Kingston developments. He is responsible for overseeing day-to-day operations, including scheduling, sequencing sub-trades, and tracking progress within the project’s scope, schedule, and budget.
With 13 years of experience in the construction industry, Alex has held positions such as Journeyman Carpenter, Foreman, Supervisor, and Project Manager. He has worked on a variety of ICI projects across Alberta, Saskatchewan, and Ontario. His experience includes work on one of Canada’s first biofuel cogeneration refineries, erecting cooling towers for gas, chemical, and refining facilities, heavy civil bridge construction, and mid-to-high-rise building construction. Most recently, he served as Foreman for an 11-story, 343-unit residential/commercial complex, overseeing the construction of concrete floors and walls.
Alex holds a Journeyman Certificate in Carpentry from the Northern Alberta Institute of Technology (NAIT) and is Red Seal certified. He is currently pursuing a BTech in Construction Management and Administration from the University of Alberta.
Eugene joined Cityflats in 2024 as a Site Superintendent. He is responsible for all site related activities including project execution, health and safety, and quality control and assurance.
During his 12 years of professional experience, Eugene has played a critical role in the execution and management of projects including oil and gas infrastructure, heavy civil works, commercial buildings, mid and high-rise residential buildings.
Eugene possesses deep knowledge in concrete, civil, and steel works, as well as comprehensive expertise in project and construction management.
Eugene holds a Master’s Degree in Engineering from Far Eastern State Transportation University.
Prior to co-founding Cityflats, Pete built a career in Kingston’s residential real estate market as a Realtor, specializing in investment properties. Leveraging his expertise, Pete strategically grew a personal portfolio of rental properties, beginning with single-family homes and expanding into multi-unit buildings, infill developments, and purpose-built apartment developments.
In addition to his investment and development activities, Pete established a high-performing property management platform with a proven track record spanning over 15 years. Pete brings a rare combination of ground-up expertise across key real estate disciplines, including operations, investments, property management, development, and brokerage. His comprehensive understanding of the real estate lifecycle enables him to drive value and performance for both projects and stakeholders.
Pete holds a Bachelor of Business Administration with a specialization in Finance from Eastern Michigan University.
Kelli serves as Chief of Staff, where she oversee strategic planning, organizational alignment, and cross-functional collaboration to ensure operational excellence. With a proven track record in corporate strategy, Kelli excels at driving key initiatives, managing high-value projects, and fostering strong relationships across teams and stakeholders.
Bringing over 11 years of hands-on experience in real estate, Kelli is critical to the successful day-to-day operations at Cityflats. Known for her analytical mindset, Kelli is dedicated to advancing organization goals and empowering our employeees to achieve long-term success.
Kelli recently earned her Advanced Diploma from St. Lawrence College, where she also earned her degree in Business Administration & Marketing.
Ian joined Cityflats in 2024 as Director of Construction Management, where he leads new construction initiatives, oversees daily operations, and ensures the successful delivery of all project deliverables.
With over a decade of experience in multi-residential construction, Ian plays a pivotal role in advancing Cityflats’ construction management division. During his tenure with Podium and PCL Construction, he successfully delivered over 900 units and more than 1 million square feet of construction. His diverse portfolio includes high-rise and mid-rise buildings, hospitals, museums, and residential developments. Ian brings expertise across all aspects of development, with specialized knowledge in mechanical and electrical systems as well as steel, wood-frame, and masonry construction.
Ian holds a Bachelor of Applied Science in Civil Engineering from Western University.
Jeff serves as the Director of Real Estate, where he leads strategic initiatives in acquisitions, legal diligence, capital raising, and investor relations. With a strong foundation in real estate law, he brings a deep understanding of the complexities involved in transactions and market dynamics.
As a licensed lawyer in Ontario, Jeff contributes a unique and valuable perspective to the leadership team. Before joining Cityflats in 2023, he practiced at Norton Rose, a firm specializing in real estate and business law. There, Jeff honed his expertise in handling complex legal and transactional matters, equipping him with the skills to excel in his current role.
Jeff earned a bachelor’s degree in political science from Queen’s University and a law degree from Leicester Law School in the United Kingdom. He is an active member of the Law Society of Ontario and Kingston’s Frontenac Law Association, demonstrating his ongoing dedication to professional excellence and thought leadership in the real estate sector.
As Manager of Sales & Marketing at Cityflats, Lesley leads the creation and execution of comprehensive sales strategies and marketing initiatives for our residential and mixed-use projects. Her forward-thinking mindset and proven track record has helped to expand Cityflats’ reach and enhanced the visibility of its residential developments.
Since joining Cityflats in 2022, Lesley has made a profound impact by coordinating brand design and development, ensuring that each project aligns with the company’s core values and long-term vision. Her creative yet methodical approach has been key to promoting Cityflats’ projects and solidifying the company’s market presence.
Before Cityflats, Lesley gained invaluable experience in Sales Management at L’Oréal Canada and as a manager for the Cornell-Queen’s Executive MBA Program at Queen’s University. These roles allowed her to refine her leadership and organizational skills, enabling her to lead teams effectively and execute complex initiatives seamlessly.
Lesley holds an honors Bachelor of Health Sciences degree from Western University and a Master’s degree in Marketing from Webster University in St. Louis.
Bryson joined Cityflats in 2024 to manage our accounting system and support financing activities. As Project Accountant, he is responsible for analyzing project accounting records and implementing efficient procedures for recording costs and budgetary data.
Bryson’s meticulous attention to detail and strong work ethic have enabled him to excel in his role, significantly contributing to the streamlining of our internal processes.
Before joining Cityflats, Bryson gained valuable experience at Providence Care Hospital, where he played a key role in preparing and maintaining accounting records while providing clerical support to management and patients.
Bryson holds a Bachelor of Business Administration from Laurentian University, with a specialized focus in finance and accounting.
Alex joined Cityflats in 2024 as a site superintendent for our Kingston developments. He is responsible for overseeing day-to-day operations, including scheduling, sequencing sub-trades, and tracking progress within the project’s scope, schedule, and budget.
With 13 years of experience in the construction industry, Alex has held positions such as Journeyman Carpenter, Foreman, Supervisor, and Project Manager. He has worked on a variety of ICI projects across Alberta, Saskatchewan, and Ontario. His experience includes work on one of Canada’s first biofuel cogeneration refineries, erecting cooling towers for gas, chemical, and refining facilities, heavy civil bridge construction, and mid-to-high-rise building construction. Most recently, he served as Foreman for an 11-story, 343-unit residential/commercial complex, overseeing the construction of concrete floors and walls.
Alex holds a Journeyman Certificate in Carpentry from the Northern Alberta Institute of Technology (NAIT) and is Red Seal certified. He is currently pursuing a BTech in Construction Management and Administration from the University of Alberta.
Prior to co-founding Cityflats, Graham built a career managing investments for both public and private equity real estate firms, specializing in multi-residential projects across Canada. In these roles, he developed extensive expertise in acquisitions, market analysis, and deal execution. Over his career, Graham has been involved in the acquisition and refinancing of assets exceeding $1 billion in value, encompassing more than 3,000 units.
Graham’s experience also includes hotel real estate investment, having worked with a global consulting firm and a leading hotel management company. During this time, he contributed to the development of the first luxury hotel-branded residential complex in Western China, further expanding his expertise in complex, high-profile projects. He brings a strong foundation in real estate investment, development, and management, supported by a track record of executing large-scale transactions and delivering value across diverse asset classes.
Graham holds a Master of Business Administration from the Smith School of Business at Queen’s University and a Bachelor of Management with a specialization in Finance from Western University.
Duncan joined Cityflats in 2023 to help lead and grow our development business. As a key member of senior management, he is responsible for the detailed design, pre-construction coordination and construction activities of our development projects.
Duncan has more than 15 years of experience working alongside industry leaders, with a focus on design-build projects. Having consulted on a wide variety of structures, he also has extensive experience managing design-build operations and taking projects from inception to completion.
Duncan has a specialty in mass-timber design, but also has extensive experience working in wood frame, concrete, steel, and masonry across a design portfolio that includes multi-unit residential, mid-rise, schools, university buildings, community centres, botanical gardens, Indigenous centres, commercial buildings, museums, art installations and a wide variety of other residential projects.
Duncan earned his Bachelor of Applied Science from Dalhousie University and holds a Professional Engineers Designation (P. Eng.).
Conor joined Cityflats in 2021 and has risen to the position of VP, Finance. In this role, he oversees the financial performance and optimization of Cityflats’ real estate portfolio, ensuring alignment with the company’s long-term investment goals and leveraging market opportunities. His key responsibilities include managing asset acquisitions and dispositions, conducting financial analysis, and driving operational improvements.
Prior to joining Cityflats, Conor worked at the prominent public accounting firm Whitney Addison, where he specialized in tax compliance and financial reporting. In this role, he supported numerous corporate clients in streamlining financial operations and developing financial strategies to enhance efficiency.
Conor holds a Bachelor of Business Administration with a specialization in finance and economics from Lamar University, as well as a Graduate Diploma in Accounting from Queen’s University. Committed to professional growth, he is currently pursuing his Chartered Professional Accountant (CPA) designation.
Tom joined Cityflats in 2023 as Project Coordinator, where he plays a key role in the coordination and execution of developments. He works closely with internal teams and external stakeholders to ensure projects are delivered on schedule, within budget, and aligned with the company’s development goals.
With extensive experience in project supervision and property management, Tom brings invaluable expertise to the successful delivery of complex projects. His keen eye for design and adept coordination of trades were pivotal in the successful design and construction of Cityflats Nicholson Point homes, seamlessly combining timely execution with exceptional aesthetics.
Tom holds a Bachelor of Applied Science (BASc) in Civil Engineering from Queen’s University. He also earned a Certificate in Property Development and Investing from the University of Cape Town and a Certificate in Business Sustainability Management from the University of Cambridge.
Ryan joined City Flats in 2024 to support and oversee operations in the Finance department. As Financial Controller, he plays a vital role in managing the company’s accounting systems and financial reporting, ensuring compliance with industry standards.
Previously, Ryan worked as a Senior Accountant in KPMG’s Audit division for three years, gaining valuable expertise in financial analysis, identifying opportunities and risks, and providing tailored solutions for both private and public sector clients. His work fostered diverse client relationships and emphasized the importance of meeting clients’ unique needs.
Ryan holds a Bachelor of Commerce with a major in Accounting from Saint Mary’s University in Halifax, Nova Scotia, and is currently advancing his professional development by pursuing his CPA designation.
Eugene joined Cityflats in 2024 as a Site Superintendent. He is responsible for all site related activities including project execution, health and safety, and quality control and assurance.
During his 12 years of professional experience, Eugene has played a critical role in the execution and management of projects including oil and gas infrastructure, heavy civil works, commercial buildings, mid and high-rise residential buildings.
Eugene possesses deep knowledge in concrete, civil, and steel works, as well as comprehensive expertise in project and construction management.
Eugene holds a Master’s Degree in Engineering from Far Eastern State Transportation University.
We are proud to be recognized as The Fastest Growing Startup Company by Eastern Ontario Business Journal.
Doing the right thing matters and we believe that honesty and transparency are fundamental.
Family is at the heart of Cityflats. Our team is our family, and we treat each other as such.
We take great pride in the work that we do, and how we do it.
As a team, we understand that we are all in this together and we have each other’s backs.
At our core, we are authentic, and we believe being authentic fosters meaningful connections with our team, our investment partners, and our community.
We believe that contributing to the communities in which we operate is fundamental to the way we do business. Our teams engage in philanthropic and volunteer initiatives to create a positive and lasting impact on the community around us.
Working at Cityflats means becoming a part of a collaborative, results-oriented team. We believe that our creative and motivated team members are the foundation of our success.
If you are interested in joining our talented team, please submit your information to careers@cityflats.ca