Richard Crenian is Baycrest’s Founding Partner in Innovation

Canadian philanthropist and real estate entrepreneur Richard Crenian forges new innovative partnership with Baycrest Health Sciences.

We are all aging, whether we like it or not. This ticking clock is intertwined with our personal finances, our relationships and quality of life of our families and friends.

The world’s top minds, investors and entrepreneurs like Peter Theil consider innovation in the area of aging among the most important missions to be tackled today. Consider that Alzheimer’s alone impacts millions of people in North America each year. It is one of the top 10 causes of death; even outpacing breast and prostate cancer combined.

We’re living longer, but still face many challenges in quality of life, brain function and finances, as we age. We all have people that we care about that could be helped by improved technology and healthcare in the area of brain health and aging.

Going beyond our personal connections, this is a national issue costing billions of dollars a year. Increased innovation, more efficient care and better understanding of how aging affects us, and can be counteracted will not only help all individuals and their families, but the country as well.

Toronto-based Baycrest is recognized as a world leader in senior residential living, healthcare research, education and innovation and as specialists in brain health and aging. Baycrest is one of the longest running healthcare organizations, founded in 1918, and now fully affiliated with the University of Toronto, helping international communities pioneer new solutions and implement best practices in these fields.

This is a field that ReDev Properites’ President and CEO, Richard Crenian is extremely passionate about too. As founding partner of Partner in Innovation with Baycrest, Richard aims to increase awareness of the need to support progress in the area of brain health and aging and active engagement in being a part of the solution.

Richard Crenian adds this partnership to a long list of supporting causes which includes the Baycrest Alzheimer’s Foundation, Daily Food Bank, Covenant House, Scotiabank ProAm charity event and being a mentor to the Young Entrepreneurs Organization.

Brain health and aging impacts us all. It impacts every area of our lives. Being a part of the solution is now easier, with new innovative partnership opportunities.

Who is Richard Crenian?

Since founding the Canadian owned company ReDev Properties in 2001, Richard Crenian has taken a long-term investment approach with Canadian real estate, which has been responsible for the consistent growth of the company with a portfolio of over 25 commercial
properties throughout Western Canada.

Richard went on to excel as an office equipment salesman with Pitney & Bowes, quickly becoming one of the youngest sales managers throughout Canada at the age of 19. He relished in such personal achievements as being among the top three Canadian sales representative and partaking in the top branch of the year award, all of which resulting in Richard becoming one of the highest paid sales professional throughout the country.


At the age of 21, Richard started what would become ReDev properties in Saskatchewan, Canada. Starting with the initial development of multi-family residential rental units, the company has built more than 11,000 apartments and condominiums, as well as numerous retail shopping centers in the marketplace that have collectively topped over one billion dollars in revenue.

Always one to lend a helping hand, Richard has served as a Governor for Junior Achievement and was appointed to the advisory board of the University of Saskatchewan, College of Commerce.

He is also a founding member of the Young Entrepreneurs Organization in Saskatchewan and a member of the World President Organization, having graduated from the Young President Organization in 2009.

Richard regularly supports causes such as the Daily Food Bank, Covenant House, the Baycrest Alzheimer’s Foundation, SunnyBrook Hospital Toronto and theNext36.ca.