Performance figures for each account are calculated using time weighted rate of returns on a daily basis. The Composite returns are calculated based on the asset-weighted monthly composite constituents based on beginning of month asset mix and include the reinvestment of all earnings as of the payment date. Composite returns are as follows:

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Stephanie Marshall


Director, Value Add

Stephanie Marshall

Stephanie is the Director responsible for the Nicola Value Add LP. She oversees the firm’s portfolio of co-investment properties and manages the relationships with our development partners. She enjoys the challenges resulting from the complexity and unique nature of this portfolio.

Stephanie started her career in commercial real estate over 15 years ago as an investment analyst for a leading international brokerage firm in Vancouver. Following several years as a leasing and investment broker, Stephanie worked for a prominent retail apparel and real estate company, where she was responsible for managing the leasing for the company’s property portfolio. Her exposure to a multitude of asset classes and development projects in markets across North America allows her to bring a broad set of skills and strategic big-picture mentality to her role at Nicola Wealth Real Estate.

Outside of work, you can find Steph near the water, on her bike, hanging out with friends or hiking with her dogs.

Question & Answers

  • Favorite places travelled?

    Top so far? Kibaale, Uganda. Most recent favourite? Sicily, Italy

  • Favorite place to see live music in Vancouver?

    Vancouver Folk Festival

  • Favourite novel?

    Through Black Spruce - Joseph Boyden

  • Best wine?

    Generally, I love high altitude wines

  • Favourite music genre?

    According to Spotify, it's Indie with a bit of hip hop and country?

  • Favourite Canadian City other than Vancouver?


  • Words my father taught me:

    Be yourself, everyone else is taken.