What we focus on
Luxus Developments specializes in luxury hospitality and branded-residential projects in distinctive leisure destinations. Our work spans ground-up development, strategic repositioning, and branded residential communities across the United States, Europe, Mexico, and the Caribbean. We concentrate on beloved but often underserved markets – places where design, brand, and thoughtful execution can unlock exceptional long-term value.
How we create value
We create value by revealing what already makes a place extraordinary. Instead of imposing a generic luxury formula, we design around the authentic way of living that defines each region – its food, traditions, architecture, and rhythm of life. This approach results in developments that feel grounded, natural, and deeply connected to their setting. Paired with institutional execution and partnerships with top global operators and designers, our projects deliver meaningful experiences for guests and residents, and exceptional long-term value for investors.
Team
Founder & CEO
Stephen Petasky
Managing Partner
Jonathan Lawrence
Senior Director, Investments
Brandon Perrotta
Director of Design
Kevin Chang
Director of Finance
AJ Lissey
Director of Development
Michael overseas project management responsibilities at Four Seasons Private Residences Las Vegas. Prior to joining Luxus, Michael was the Vice President of Development for Kuafu Properties. Michael received a MS in Real Estate Development from Columbia University and a BS in Finance and Economics from Drexel University.
Michael Scott
Controller
Vik assists in the day-to-day accounting and financial reporting functions of Luxus Developments. Prior to joining Luxus, Vik was a Senior Manage at Grant Thornton LLP. Vik is a member of the Chartered Professional Accountants of Alberta and is a graduate of the University of Alberta School of Business.
Vik Sarda
Legal Counsel
Sapan serves as Legal Counsel for Luxus. Prior to joining the team, she held the position of Counsel at a leading international law firm. She earned both her Bachelor of Laws and Bachelor of Commerce, with distinction, from the University of Alberta.
Sapan Mangat
Analyst, Investments
Colin supports acquisitions and transaction execution at Luxus Developments. Prior to joining Luxus, he was a product manager at Microsoft. Colin holds an MS in Real Estate Finance and Investment from New York University and a BA in Computer Science from Boston College.
Colin Lee
Assistant Controller
McKenzie Miller contributes to the company’s core accounting operations while also providing project accounting support on residential developments. She began her career articling with Grant Thornton before advancing into a management position at Civida, where she spent three years in the affordable housing sector. McKenzie earned her CPA designation in 2021 and holds an accounting degree from MacEwan University.
McKenzie Miller