Red Deer Advocate: Multi-residence developments planned for Red Deer’s Timberstone neighbourhood

“Ontario-based Nautical Lands Group is creating a new community for adults age 55-plus on the south side at 431 Timberlands Drive. It’s called Wellings of Red Deer.

The Wellings of Red Deer villas will be leased from month to month. The development will consist of 77 one- or two-bedroom villas built within 15 townhome bungalows. These accessible units with in-suite laundry facilities, are for older adults who don’t need medical or home care.

An 8,000 sq. foot clubhouse with a full kitchen, indoor and outdoor space for dining, recreation and fitness space will be built. It will include a full kitchen, a big-screen TV, billiards, shuffleboard, pickleball court, fitness classes and “an informal library.” “

Courtesy of Red Deer Advocate.  

NLGC Appoints Michael Runia As Partner And Chief Investment Officer

Ottawa — FOR IMMEDIATE RELEASE — Nautical Lands Group (, a national developer of 55 plus communities and real estate investment firm appoints Michael Runia as Partner and Chief Investment Officer.

Kirk Hoppner, Founder and Chair, Kevin Pidgeon, President and COO, are pleased to announce the appointment of Michael Runia as Partner and Chief Investment Officer.

Nautical Lands is a national real estate development company focused on 55+ living and operating under the ‘Wellings’ brand. The Company owns and operates multiple communities across Canada and is implementing an aggressive growth strategy. Michael’s responsibilities include capital raising, overall banking relationships and oversight of the Nautical Lands asset management and investment activities.

Michael recently retired as a Vice Chair with Deloitte Canada. His Deloitte leadership roles included serving as Managing Partner for Deloitte’s Private Company and Mid-Market business; as Managing Partner, for Deloitte’s Ontario business, and as leader for Deloitte’s Latin America Mid-Market business. Michael served on Deloitte’s Executive Committee and on several Global and National leadership teams. Mike has broad client experience serving both public, private, Canadian, U.S. and multi-national clients. He has significant experience in providing business advisory services related to M&A, IPOs and private financings; board governance; analytics; and various financial reporting frameworks.

Michael is a Director, and Chair of the Audit Committee for Avenue 31, a national land development company focused on the ICI space.

Michael is also currently the Chair of Board of Directors of The Ottawa Hospital Foundation and serves on the Campaign Committee for the $2.5 Billion New Ottawa Civic Hospital. In addition, Mike serves on the University of Ottawa’s Advisory Board of the Telfer School of Management and was a founding director of the City of Ottawa`s Innovation Centre at Bayview Yards.