Stephen B. Mannix is Managing Director & CEO of Balboa Properties Inc., leading execution of rail-oriented real estate strategy in North America and Australia. He serves as Vice Chair of Coril, and on the boards of Loram Holdings Inc. and Loram’s APAC and EMEA subsidiaries.

From 2018 to 2025, Stephen was the inaugural Managing Director of Loram Pty Ltd., where he headed a major acquisition and its integration, then led the team in significant organic growth in Australia and expansion into the broader Asia Pacific region.  A champion of the rail industry, Stephen serves as a Director of the TrackSafe Foundation, an Australian charity working to prevent harms on the rail network.

Previously President and Chief Executive Officer of Balboa, Stephen oversaw the growth of its commercial real estate portfolio in collaboration with strategic partners then co-led the 2016 unification of Coril’s real estate entities under the Triovest banner. He then became Executive Managing Director, Capital of the integrated real estate business and developed and executed principal investment strategies aimed at delivering superior returns in Canadian real estate. He continued to serve on the board of Triovest Inc. until its successful divestiture to Colliers in 2025.

Stephen is an active member of the Law Society of Alberta and practiced law in the financial services group of a leading Canadian firm. He has lived and worked in three countries and several cities, and his professional experience spans the rail, real estate, investment management, energy, construction, and agriculture sectors. He holds a Bachelor of Commerce in International Business from the University of Victoria and a Bachelor of Laws from the University of Calgary.