Revita acquires and develops land-lease communities in secondary and tertiary markets where demand is strong, competition is limited, and municipalities are pro-growth.
Our focus is entry level housing - using prefabricated homes and a land-lease model to lower the total cost of ownership by ~30–40% and delivering supply faster, creating a clear path to stabilized, financeable cash flows.
Revita builds:
- Seasonal communities for snowbirds, cottagers and seasonal workers by converting campgrounds into cottage communities
- Year-round communities for first time homebuyers, retirees and working families
Speed and Value
- Prefab construction to reduce build times and control costs
- Phased lease-up and amenity enhancement to drive NOI growth
- Dual revenue sources – initial home sale and perpetual rent
- A clear path to portfolio stabilization
Attainable Housing for Canadians
To provide attainable housing by reducing the entry point for market housing for:
First Time Homebuyers
Helping young Canadians achieve homeownership
Downsizing Retirees & Snowbirds
Quality living at an affordable price point
Workers in Secondary Markets
Housing options where they are limited
Team
Matthew Simpson, MBA, CIM®
CEO
Matt is a finance professional with over 20 years' experience in private financing and real estate transactions. He has held senior roles in commercial banking, specializing in restructuring and risk management for TD Bank before transitioning to investment banking with boutique firms. During this time, Matt focused on structuring and executing complex real estate deals. As an executive at a boutique investment management firm, Matt designed, launched, and managed a private real estate investment fund, showcasing his expertise in fund structuring and value creation. He holds an MBA from the Richard Ivey School of Business and is a Chartered Investment Manager.
Jonathan Weaver
VP Construction and Home Procurement
Jonathan has built a dynamic career driving performance and growth across multiple industries. From 1986 to 2000, he consulted with organizations to increase sales and margins. In 2000, he acquired Peak Performers Canada, tripling his business and expanding his reach to deliver results-driven seminars for business owners and sales leaders. In 2017, Jonathan acquired and expanded Twin Springs RV Park from 185 to 400 sites. He represents five modular home manufacturers across Canada and the U.S. He is a partner in the Muskoka Mobile Home Park and Fetherston Park, each targeted for 200-unit expansions, and has joint ventures with six other properties. Jonathan has since joined Revita, contributing his expertise to expand its housing portfolio and deliver scalable growth across the sector.
Warren Yee
VP Operations
Warren is a real estate and property-technology investor with 17+ years of experience across public and private markets. He previously led Finance and Corporate Strategy at Optimity, where he directed capital allocation decisions, managed financial operations, and oversaw strategic planning that supported the company's expansion. In this role, he worked cross-functionally with product, technology, and business development teams to optimize unit economics and drive operational efficiencies across the platform. Prior to Optimity, Warren spent over a decade as a Senior Investment Analyst at Wealhouse Capital, where he evaluated and monitored investments in technology, media, telecom, and real estate. Warren holds an Honours Bachelor of Arts in Economics and Financial Management from Wilfrid Laurier University.
Blake Toncic
VP Development
Blake began his career in real estate development working for the country's largest home builder (Mattamy Homes), later moving into medium and small size firms. While working to develop best practices for midrise and infill housing and mixed-use projects. Blake brings with him over a decade of experience in site selection, policy planning, proforma modeling and building design. Balancing pre- construction design with boots on the ground site experience, Blake specializes in coordinating all aspects of a project before breaking ground.
Board of Directors
Frank Bajt
Director
Frank Bajt is an expert in real estate and entrepreneurial venture capital investments. With a career spanning thirty years, he has held prominent leadership roles, including President, Chief Operating Officer (COO), and Chief Financial Officer (CFO) in various domestic and international organizations. For a decade, Frank served as Director and General Manager for the Canadian Pacific Pension Fund. His leadership extended across multiple organizations, where he guided teams and directed operational strategies. Over a seven-year period, Frank provided advisory services to municipal corporations, including Build Toronto and the City of Toronto Economic Development Corporation. His strategic development and asset management expertise resulted in substantial returns for these organizations.
Michael Whelan
Director
Michael Whelan is a seasoned senior executive with over 40 years of leadership experience in commercial real estate across Canada and the U.S., in both the private and public sectors. His expertise spans all facets of the industry, including managing large business units and portfolios, navigating complex mergers and acquisitions, and overseeing major real estate and infrastructure investments. Throughout his career, he has been directly involved in several billion dollars' worth of developments and transactions, earning recognition for building strong industry relationships and leading high-value ventures in complex financial environments. Michael is highly skilled in board engagement, offering strategic insight to guide organizational direction. He is actively involved on corporate and not-for-profit boards and community charities, reflecting a deep commitment to social responsibility and community development. He holds a Bachelor of Applied Science in Civil Engineering from Queen's University and is a licensed Professional Engineer.