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 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

Director of Design

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

Director of Finance

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

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

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