What we focus on

Luxus Developments, a subsidiary of The Luxus Group, is a boutique real estate investment and development firm focused on ground-up and repositioning opportunities in the hospitality and resort-residential asset classes. Luxus focuses on select domestic and international markets including the Caribbean, Mexico, Italy, and the United States.

How we create value

Luxus has cultivated a track record of success by identifying unique opportunities, partnering with local and international talent, and applying institutional-quality execution while maintaining a nimble and creative approach. Our talented team is dedicated to delivering world-class real estate offerings on behalf of its investors.

Team

Founder & CEO

Stephen is the founder and CEO of The Luxus Group. He acts as the managing partner for all Luxus Developments’ projects as well as Luxus Vacation Properties. Honored as one of Canada’s Top 40 under 40, Stephen is an active community member and former trustee of the Stollery’s Children Hospital Foundation.

Stephen Petasky

Managing Partner

Jonathan leads Luxus Developments and the New York Office. He oversees all aspects of the development projects. Prior to joining Luxus, Jonathan was a management consultant with Bain & Company. Jonathan received his MBA, with distinction, from the Sauder School of Business at the University of British Columbia.

Jonathan Lawrence

Director, Acquisitions & Development

Brandon is responsible for all acquisitions, transaction execution and project management. Prior to joining Luxus, Brandon was an investment banker with Royal Bank of Canada and JPMorgan. Brandon holds an MS in Real Estate Development from Columbia University and a BA in History from SUNY Geneseo.

Brandon Perrotta

Senior Associate, Design & Development

Kevin oversees all aspects of design development, project coordination and construction management. Prior to joining Luxus, Kevin was an Assistant Development Manager with New Empire Corp., and a Development Associate with Avery Hall Investments. Kevin received an MS in Real Estate Development from Columbia University and a B Arch. from the Pratt Institute

Kevin Chang

Controller

AJ is responsible for leading the day-to-day accounting function of the company, as well as providing project accounting support. Prior to joining Luxus Developments in 2021, AJ spent seven years as a Controller working in the Oil & Gas sector, and four years working at a Big Four accounting firm. AJ obtained his CPA designation in 2013 and is a graduate of the University of Alberta School of Business.

AJ Lissey

Project Manager

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

Assistant 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

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