Bluevale Capital carefully selects top industry professionals to manage its operations, ensuring each decision aligns with the company’s strategic goals and values. Our expert team leverages their deep market knowledge to drive growth and deliver value to our stakeholders.
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Managing Director
Samuel Karamanis, CPA, Mfin, is a Managing Director and co-founder of Bluevale Capital Group, where he leads financial and operational strategy in support of the firm’s mission to expand housing in underserved markets. With a strong background in real estate corporate finance and analytics, Samuel applies a disciplined, analytical approach to Bluevale’s growth objectives. He holds a CPA designation and a Master’s in Finance from Queen’s University. Furthermore, Samuel is also a co-founder of "Hands Up Toronto," a charity focused on alleviating food insecurity in the Greater Toronto Area.
Managing Director

Managing Director
Jefferson Huang is a Managing Director and co-founder at Bluevale Capital Group, where he leads strategic vision and operations with a focus on affordable housing and sustainable development. With over a decade of experience in real estate, Jefferson combines deep industry expertise with a solutions-driven approach. He holds a Bachelor’s in Management from Western University, a Master’s in Management Analytics from Queen’s University, and is currently pursuing his Executive MBA at Yale University.
Managing Director

Managing Director
Pavel Abdur-Rahman serves as Managing Director and co-founder of Bluevale Capital Group, overseeing strategic initiatives in housing and urban economic development. With over 15 years of leadership experience at IBM Canada’s AI & Data consulting division, Pavel offers a refined expertise in data-driven strategy and impactful development. He holds a Bachelor’s degree from the University of Toronto and a Master’s from Queen’s University, and is currently pursuing a Master’s in Public Administration at Harvard University.
Managing Director
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Vice President, Finance
Ben Reich is the Vice President of Finance at Bluevale Capital Group, where he drives the financial strategy and operations for the firm, supporting its growth and investment initiatives. With over 10 years of experience in both public practice within Big 4 and the real estate industry, Ben brings a wealth of expertise in financial planning and analysis (FP&A), fund modeling, project modeling, and capital planning. Prior to joining Bluevale, Ben held senior finance positions at Kroman Capital Advisory, Starlight Investments, Dream Unlimited, and Deloitte LLP. Ben is a Chartered Accountant (CA) and holds a Bachelor of Commerce with Distinction from the University of Alberta. His diverse experience and strategic insight make him a key contributor to Bluevale's mission of transforming real estate assets and creating value. Outside of the office, he enjoys skiing, cycling, and traveling.
Vice President, Finance

Director, US Investments
Scott Chen is the Director of Investments at Bluevale Capital Group, leading the U.S. investments team while overseeing the Canadian investment team. He previously worked in Private Equity at H.I.G. Capital and Investment Banking at Evercore. Scott holds a Bachelor of Arts in Economics-Statistics from Columbia University. In his spare time, he enjoys cycling to stay active and helping grow his music lounge in New York City (a conversion from a vacant restaurant!).
Director, US Investments

Director, Pre-Leasing & Tenant Experience
Terry Chen is a Director at Bluevale Capital Group, where he leads leasing and tenant experience initiatives. He is responsible for overseeing tenant relationships, optimizing leasing strategies, and ensuring a positive tenant experience across Bluevale's properties. Prior to joining Bluevale, Terry served as Head of Product and Pricing for Mobile Devices at Samsung Electronics, and as Director of Mobile Device Strategy and Pricing at Bell, where he honed his expertise in product strategy and pricing. Terry holds a degree in Business Administration from Wilfrid Laurier University. In his free time, he enjoys exploring Toronto’s dining scene and engaging in outdoor activities.
Director, Pre-Leasing & Tenant Experience

Chief of Staff
Ariel Gold is a public sector leader and strategist with over 15 years of experience driving innovation and large-scale systems change at the intersection of government, technology, and business. She has held senior roles at the U.S. Department of the Treasury and Department of Transportation, where she led modernization initiatives, innovation programs, and national policy councils. Recognized for her ability to build coalitions and deliver results in complex environments, Ariel brings a proven track record of advancing impactful solutions across sectors.
Chief of Staff

Chief of Staff
Shay Prajapat is a finance professional with progressive leadership experience in accounting and financial management. He most recently served as Chief Financial Officer at Dispersa, where he led financial strategy and operations after previously working as the company’s Financial Manager. Earlier in his career, Shay held analyst roles with Planned, Pharmascience, and LXRandCo, gaining expertise in corporate finance, accounting, and strategic analysis. He holds a Bachelor of Commerce in Finance from Concordia University and has built his career in Montreal, Quebec, with a focus on driving financial performance and organizational growth.
Chief of Staff

Director, Asset Management
Erika brings over 20 years of experience in multi-residential housing, operations, and capital planning. As Director of Asset Management, she oversees portfolio performance while enhancing tenant experience and satisfaction through strategic planning, operational excellence, and long-term asset optimization. Erika works closely with internal teams and stakeholders to ensure communities are well-managed, safe, and positioned for sustainable growth.
Director, Asset Management
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Manager, Investments
Mark Baliwalla is an (Investments) Associate at Bluevale Capital Group, focusing on analyzing potential acquisitions, coordinating financing and overseeing project execution. He also oversees many of the firm's operations and strategic initiatives. Mark previously gained experience as an Investment Analyst through internships at Anson Funds and CCC Investment Banking, where he developed strong analytical skills. He holds a Bachelor of Business Administration from the Lazaridis School of Business and Economics at Wilfrid Laurier University, majoring in Finance with a minor in Economics.
Manager, Investments
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Associate, U.S. Public Affairs
Alexa supports public policy initiatives, stakeholder engagement, and community outreach efforts across our U.S. portfolio. She brings experience across government, law, and finance, having begun her career as a legislative intern at the Connecticut General Assembly and later working on local political campaigns and in client-focused roles within legal and financial services. Alexa is passionate about public policy, effective communication, and building strong relationships with community and public-sector partners.
Associate, U.S. Public Affairs

Associate, Economics - Real Estate
Kanon Lenz recently graduated with a Bachelor of Management and Organizational Studies (BMOS) with a specialization in Finance from Western University. With a background shaped by time spent across Asia, Latin America, and North America, Kanon brings a global perspective and multilingual skills in Spanish and Mandarin to support Bluevale's economic research and market analysis across its U.S. real estate operations. He applies his training in macroeconomics, financial markets, and quantitative analysis to evaluate investment opportunities, assess project feasibility, and inform acquisition and redevelopment decisions.
Associate, Economics - Real Estate

Senior Analyst, Business Development
Olivia Topp is an Origination and Acquisitions Analyst at Bluevale Capital Group, focusing on sourcing and underwriting real estate acquisitions. She previously gained experience as a Market Data Coordinator Intern at Colliers, where she conducted information searches and assisted with survey calling and database updates. Olivia graduated from Ivey Business School, Western University, with a Honours Business Administration (HBA) degree. She was recognized with a Western Scholarship of Distinction for her grade average and made the Dean’s Honour List. In her free time, Olivia enjoys playing the drums.
Senior Analyst, Business Development

Senior Analyst, Investments
Kiarash Mirzaei is a Senior Analyst, Investments at Bluevale Capital Group, where he supports the firm’s acquisitions, underwriting, and business development efforts. He brings a multidisciplinary background in real estate investments, asset management, financial modeling, and hands-on construction and renovation experience. Prior to joining Bluevale, Kiarash worked at QuadReal Property Group and earned his HBA from the Ivey Business School at Western University. Outside of work, he enjoys staying active through fitness and sports, playing volleyball, and exploring new cities.
Senior Analyst, Investments
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Senior Analyst, Finance & Accounting
Spencer is a Senior Financial Analyst and Chartered Professional Accountant with experience at one of Canada’s largest accounting firms, MNP LLP. He brings strong expertise in financial analysis and advisory, including international experience through a secondment with an MNP affiliate in Melbourne, Australia. Spencer supports data-driven decision-making with a global perspective and a detail-oriented approach.
Senior Analyst, Finance & Accounting
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Property Administrator
With experience in both residential and commercial property management and administration, Tanish supports Bluevale’s property operations by helping ensure smooth, efficient portfolio management. She contributes to streamlined processes and supports the implementation of Yardi across the portfolio.
Property Administrator