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Explore our diverse portfolio of successful projects across asset management, real estate development, and venture capital. Discover how our strategic investments have led to significant returns and growth opportunities for our investors.

About

Philip Kim will be the sole director of Eagle Wealth (Pioneer) Inc., the managing partner of Eagle Wealth Limited Liability Partnership (the “Partnership”) and a director of Eagle Wealth (Pioneer) Management Inc., which will provide property management and development management services to the Partnership. Mr. Kim is also the President of Sun Capital Corp., Sun Capital Corporate Construction Inc. and Zen Ventures Inc.

Philip Kim, President

Mr. Kim recently completed a tour of the western US including stops in Washington, Oregon, Arizona, California and Texas in search of commercial real estate properties that offered good returns with upside in value. Having studied the markets in each major city on the West Coast, Mr. Kim identified Seattle as offering the best opportunities. Mr. Kim received his Bachelor of Arts degree with a major in Philosophy and a minor in Film from the University of British Columbia in 1993 having previously studied Economics, Accounting and Political Science at Simon Fraser University. pkim@suncapital.ca | 604-783-6360

Projects

SCC has completed in excess of $70 million in real estate acquisitions and redevelopments of properties. The company was conceived in 2003 and has acquired and redeveloped several heritage buildings and commercial properties in the Greater Vancouver Regional Area and has made private equity investments in clean technology companies.

Exro Technologies Inc

Sun Capital Corporation is a significant private equity investor in Exro Technologies Inc., an inventor of an electric switching system and electric motors, which increases the efficiency of conventional electric motors by over 12%.

Click the Photo to visit the Exro website

It is anticipated that Exro's patents will change the design of electric motors forever.

Metropole Hotel

Metropole Apartments – A 60 unit residential rental building with ground level commercial space, located at 320 Abbott Street in Vancouver, across from the new Woodward's Building. The Metropole is currently being renovated (with a City of Vancouver Heritage Grant) and is operating at full occupancy.

Click the Photo to visit the Metropole Studios website

The Metropole is currently valued at $15.2 million at 4.5% CAP rate. There has been a 1230% ROI for investors to date with a 138% annualized rate of return.

Restoring Great Properties

The Sun Tower

Frontline MLA

The Sun Tower, an iconic Vancouver landmark, was completed in 1912 and originally served as the headquarters for The Vancouver World newspaper. After being redeveloped and leased, it was sold in August 2011 for $41.88 million. This transaction generated a total profit of $11 million, delivering an impressive 110% return on investment for the investors, with a 36% annualized rate of return.

An office building with ground-level commercial space, located at 5658 176 Street in Surrey, was purchased in September 2010 for $950,000. The project involved a complete redesign of both the exterior and interior. With a projected assessed value of $2.4 million, the investment is expected to deliver an 80% return on investment.

Port Kells Warehouse

Walden Building

An industrial building located at 19736 98th Avenue in Langley, B.C., was purchased in December 2006 for $2.35 million. The property was rezoned and stratified into smaller warehouse units, with sales completed by April 2009. Investors saw 100% of the original investment returned within the first year, resulting in a total return of 98%, and an impressive 41% annualized rate of return.

The Walden Building, a heritage commercial and residential property located at 4120 Main Street in Vancouver, was purchased in May 2003 for $1.16 million. Within the first year, 100% of the original investment was returned. The property was later sold in December 2006 for $4.0 million, resulting in a total return of 136% for investors and an impressive 38% annualized rate of return.

Olympic Grocery

Pioneer Building

A heritage building located at 698 West 16th Avenue, Vancouver B.C., the building in which Philip Kim grew up and was his very first project. Worked with Robert Lemon, and Busby & Associates, to receive heritage incentives from the City of Vancouver for the restoration and redevelopment of the property. The property was sold in 2003 to John Scott, the owner of Scott Construction; who went on to build 13 townhouse units on this 33ft by 120ft lot.

Situated at the entrance to the renowned Pioneer Square and adjacent to the historic Iron Pergola and Totem Pole, this building is one of the most recognized landmarks in Seattle. It was purchased in 2012 for $12,343,658 and later sold in December 2016 for $20.5 million. The investment delivered a 148% total return on investment, with a remarkable 74% annualized rate of return.