Our Leadership

We are redefining collaboration

We are an agile real estate development team within a large, reputable construction company and have built our leadership team from the very best in the industry. As part of a fully integrated organization, we manage every aspect of the real estate development process, from planning to property management.

Tim Heavenor

Chief Financial Officer, Graham Group

Currently the Chief Financial Officer of Graham Group, Tim brings nearly 30 years of experience in major project development, team building, strategic planning, private equity, business development and corporate finance. Tim is also a founding Director of the Connor Clark & Lunn GVest Traditional Infrastructure LP and the GVest Private Equity LP. Tim has served on numerous private company boards, including roles as chair, and on audit and compensation committees. Tim also has investment and commercial banking experience.

Bruce Black


Bruce has over 25 years of experience in real estate development, corporate finance, large transaction management, investment management, and operations. Bruce is the President of Gracorp and is responsible for Gracorp’s real estate development and asset management portfolio. Before joining Gracorp in 2014, Bruce was an executive with a Canadian gaming and hospitality company. Bruce also has experience in investment banking with a Canadian bank and in finance and accounting with an international accounting firm.

Joe Augello

Vice President, Real Estate, Washington State

Joe is based in Seattle and has over 15 years of experience in the real estate industry. He leads Gracorp’s real estate development activities in the northwest region of the United States where he is responsible for deal structuring, acquisitions, developments, financing and fund management.

Prior to joining Gracorp in 2018, Joe worked as an Acquisition Manager at  a Seattle based alternative asset manager with over $1 billion in real estate AUM. He has also held positions as a Portfolio Manager where he underwrote, restructured and managed over $600 million in credit lending facilities. Joe has extensive acquisition, contract negotiation and fund management experience through his involvement in the development, repositioning and management of numerous multi-family, senior housing, industrial, self-storage, hospitality and office properties throughout the United States.

Adrien Rahbar Gracorp


Vice President, Real Estate, British Columbia

Based in Vancouver, Adrien leads Gracorps’ real estate development activities in British Columbia where he has over 10 years of experience sourcing and developing over 25 multi-family and mixed-use projects. 

Adrien is a UBC alumnus whose background includes experience working on land use policy and working with two mid-to-large scale development companies in Vancouver. Over the past 6 years, Adrien has also served on a number of advisory panels and boards in North Vancouver and Vancouver.


Vice President, Capital Markets

Derek sources and manages the equity and debt for all of Gracorp’s income producing and new development assets.

Derek’s background is in Corporate Banking where he spent 10 years working with a leading Canadian financial institution lending to a diverse industry base. Prior to joining Gracorp, Derek managed the risk and sought new lending opportunities for a $2bn portfolio which included real estate development, real estate hospitality and seniors care.

Nick Pyra

Managing Director, REAL ESTATE Finance

As the Director, Real Estate Finance, Nick’s primary responsibilities include accounting, tax, and treasury operations for private equity funds, real estate developments and income-producing properties.

Prior to Gracorp, Nick held the role of Manager, Corporate Planning & Analysis for the Graham Group, with responsibilities for capital planning, budgeting/forecasting, executive reporting and corporate reporting. Nick has expertise in real estate, construction and utilities.