Maclab Properties Group is now Second Street Fund


Effective June 1, 2023, Maclab Properties Group will undergo an extensive rebranding effort in response to a strategic refocus and a renewal of its corporate vision. 


After nearly 70 years operating under the name Maclab, the Board of Directors and executive management of Maclab Properties Group has determined the timing is optimal to refresh its corporate identity, changing its name to Second Street Fund. The organization has operated under the name Second Street for its United States operations for several years. 


“This rebrand is an exciting transformational process for us, a monumental step in a new and dynamic chapter of our company,” said Craig D. Corbett, President & CEO. “While we remain committed to our core portfolio of assets in Western Canada, over the last four years we have made it our purpose to grow with intention south of the border, diversifying our portfolio, and building a platform for many more decades of success.”


Second Street’s Canadian property management division, Midwest Property Management, will retain its operating name and brand for operations in Canada, and maintain its commitment to delivering value and quality in its rental communities.


About Second Street Fund

Second Street Fund (and its related companies) is a privately held full-cycle real estate group with operations and assets in Alberta, British Columbia, the Northwest Territories, California, and Utah. Its portfolio includes residential rental, commercial properties, hotels, and various operating businesses. Second Street’s professional property management division, Midwest Property Management, is well-known as a leader in property and asset management services in Western Canada. Over its many decades in business, Second Street (and its predecessor Maclab Properties Group) has maintained a strong focus on long-term ownership, financial stability, and community-building.