Press Release

Ledcor is pleased to announce the appointment of Pat Patterson as President, Ledcor Properties Inc., Ledcor Development LP, and Ledcor Property Investment Ltd.

“Ledcor is pleased to announce the appointment of Pat Patterson as President of our properties division,” said Dave Lede, Chairman and CEO of Ledcor. “Pat has been an invaluable member of the Ledcor properties division executive team for over 10 years, most recently as COO for US Development. Pat has initiated, managed, and delivered many successful real estate development projects in the US, and we look forward to his leadership as Ledcor continues to expand and grow our property development business in select states.”

Pat Patterson has over 3 decades of real estate development experience in the US, including senior operational and financial roles with Intracorp, Catellus, Trammell Crow, and others. Pat is based in Irvine, California, with Ledcor’s US development team.

In the US, Ledcor Development LP has been active in property development since the 1990s and is managing a development portfolio of eight active projects in California, Texas, Washington, and Hawaii valued at more than $2 Billion (USD). Ledcor Development LP’s expertise is in residential property development, both rental and condominium sales.

In Canada, Ledcor Property Investment Ltd is active with select investments in real estate construction projects, primarily in Alberta and British Columbia.

“I am also pleased to announce the retirement of Bill Fox, the founding president of the Ledcor properties division. Over the past 25 years, under Bill’s leadership, Ledcor Properties has been involved in over 80 different property development joint ventures and partnerships in the US and Canada with a combined value in excess of $5 Billion (USD),” said Dave Lede. “Bill’s dedication to Ledcor has been exemplary. As a successful entrepreneur, a trusted business leader, and a generous community contributor, his leadership of Ledcor’s property development division has helped us expand into new markets and diversify our company’s revenue base. I look forward to Bill’s continued engagement with Ledcor Properties as a member of the Board of Directors and senior advisor.”