Forum

Commercial Real Estate Developmentforumproperties.com

Forum is a privately held Canadian full-service real estate developer that acquires, builds, leases, and manages commercial, residential, and mixed-use properties across Quebec, Ontario, and Alberta for national retail tenants and residential renters.

Company typePrivate
Founded2001
HeadquartersWestmount, Canada
Headcount11–50
GTM typeB2B and B2C
OfferingServices

What Forum does

Forum is a privately held Canadian full-service real estate developer founded in 1988 (with the unified national platform formed in 2001 and rebranded under Forum in 2018), operating commercial, residential, and mixed-use properties across Quebec, Ontario, and Alberta. The company is led by four founding partners — Paul Schachter, Dean Mendel, Jay McMartin, and Toby Singlehurst — and is structured through three regional entities (3903371 Canada Inc., Brentwood Ventures Inc., and Jennum Properties Inc.) with regional offices in Westmount (HQ), Edmonton, Burlington, and Montreal. Forum operates a vertically integrated platform spanning acquisition, planning, construction, leasing, and ongoing property management, allowing end-to-end control of project delivery and tenant relationships.

Forum firmographics

Firmographics

Name: Forum
Legal name: 3903371 Canada Inc., Brentwood Ventures Inc. and Jennum Properties Inc.
Website: https://forumproperties.com
Company type: Private
Founded year: 2001
Operating status: Operating
Headcount range: 11–50 employees
Short description: Forum is a privately held Canadian full-service real estate developer that acquires, builds, leases, and manages commercial, residential, and mixed-use properties across Quebec, Ontario, and Alberta for national retail tenants and residential renters.
Ownership category
akta.pro rank

Forum industry classification

Industry

Product category: Commercial Real Estate Development
SIC: Real Estate Dealers (For Their Own Account) (6532), Land Subdividers & Developers (No Cemeteries) (6552)
akta.pro primary industry: Land & Development Site Brokerage (BPAJABAG)
akta.pro secondary industry: Mixed-Use Community Association Management (BPAJAHAF)

Keywords

Commercial real estate development
Residential rental properties
Mixed-use development
Grocery-anchored retail
Property management services

Where Forum is headquartered

Location

Headquarters

HQ city: Westmount
HQ country: Canada
HQ region: North America

Offices4 records

Markets served

Forum business model

Business model

GTM type: B2B and B2C
Offering type: Services
Cost components: Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

Property Sales and Development: Revenue from developing and selling completed real estate projects including residential and commercial properties
Leasing Commissions and Rental Income: Revenue from leasing commercial and residential spaces to tenants in owned and managed properties
Property Management Fees: Ongoing property management services generating recurring fee income from managed assets

Pricing tiers

Model	Billing	Price
Subscription	Monthly	Luxury residential units (100 Windsor Westmount)

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Forum product offering

Product offering

Core offering

Forum is a Canadian full-service real estate developer that acquires, plans, constructs, leases, and manages commercial retail centers, mixed-use developments, and residential rental communities across Quebec, Ontario, and Alberta. The portfolio includes grocery-anchored shopping centers, neighborhood retail properties, luxury and mid-market rental apartments, multi-family residential communities, and adaptive reuse projects, with anchor tenants such as Walmart, IGA, Super C, Maxi, and Pharmaprix. Forum also provides full-service property management across its owned and managed portfolio.

Product overview

Forum is a Canadian full-service real estate developer operating commercial, residential, and mixed-use properties across Quebec, Ontario, and Alberta. The company manages the complete development lifecycle from due diligence and acquisition through land development, construction, leasing, and daily property management. Forum's commercial portfolio includes grocery-anchored retail centers (Promenades Terrebonne, Marché Buckingham, Marché Langelier, Méga Centre Sainte-Foy), neighborhood commercial properties (McKenney Corner, 109th Street, Lakeland Ridge, Berson), and The Shoppes at Legacy Park. Residential offerings span over 230+ unit rental complexes (Lustra with 237 units in Terrebonne, Griesbach Village with 220 units in Edmonton), multi-family communities (The Elm at Legacy Park with 186 suites in Spruce Grove), and urban apartments (Berson Apartments, Uni5 in Montreal). The portfolio is anchored by major tenants including Walmart, IGA, Super C, and national retailers. The company also provides comprehensive property management services for its entire portfolio.

Differentiator

Problem solved

Functional benefit

Products and services

Berson
Marché Langelier
McKenney Corner
109th Street
Lakeland Ridge
Méga Centre Sainte-Foy
Promenades Terrebonne
Marché Buckingham
Griesbach Village
The Shoppes at Legacy Park
Marché Saint-Canut
Blackfalds Crossing
Uni5
Berson Apartments
Lustra
The Elm at Legacy Park
100 Windsor Westmount
Property Management Services

Companies that use Forum

Customer profile

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Forum technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Forum partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

Dawson WallacecoreStrategic or Co-development PartnerConstruction partner for The Elm at Legacy Park development project, providing construction expertise and project delivery for this residential community development.
Crofton MoorecoreStrategic or Co-development PartnerCo-acquirer of Mega Centre Sainte-Foy (529,000 sq ft commercial property in Quebec). Forum and Crofton Moore partnered on this significant commercial real estate acquisition.
Axxys ConstructioncoreImplementation/ SI/ Consulting PartnerGeneral contractor for the LUSTRA project, providing construction services for this development undertaking.
Habitat for Humanity Red DeerminorGTM or Marketing PartnerCommunity partnership for Blackfalds build project, demonstrating corporate social responsibility and community engagement initiatives.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Forum competitors and assessment

Company assessment

Direct peers

RioCan REIT: Largest Canadian REIT focused on retail properties, including grocery-anchored centers with major national tenants. Directly comparable to Forum's commercial portfolio strategy of partnering with major retail anchors (Walmart, IGA, Super C) and mixed-use community developments.
Choice Properties REIT: Canadian REIT focused on retail and mixed-use properties with major grocery-anchored tenants including Loblaw Companies. Comparable to Forum's grocery-anchored retail strategy and tenant mix across Canadian markets.
SmartCentres REIT: Canadian retail REIT anchored by Walmart with an expanding residential and mixed-use development platform. Direct comparison to Forum's Walmart-anchored retail strategy (notably at Méga Centre Sainte-Foy) and growing purpose-built rental residential portfolio.
First Capital REIT: Canadian REIT focused on mixed-use urban properties including grocery-anchored retail, residential, and office across Canadian cities. Closely comparable to Forum's mixed-use community development model and urban infill strategy.
Morguard REIT: Canadian REIT with diversified portfolio across retail, office, and multi-suite residential. Comparable to Forum's diversified commercial and residential portfolio strategy across Canadian markets.

Broad incumbents

Cadillac Fairview: Major Canadian commercial real estate owner/operator with portfolio of shopping centers, office towers, and mixed-use developments including some of Canada's most prestigious retail properties. Comparable to Forum in commercial real estate operations but operates at significantly larger institutional scale.
Ivanhoé Cambridge: One of Canada's largest institutional real estate investors with a portfolio spanning retail, office, residential, and logistics globally. Comparable in mixed-use development focus and Quebec roots but operates at substantially larger scale and broader geographic scope than Forum.

Regional players

BTB REIT: Quebec-based REIT focused on retail and industrial properties across primary and secondary Quebec markets. Directly comparable to Forum's Quebec-focused commercial portfolio and similar provincial market exposure and tenant mix.
Broccolini: Quebec and Ontario-based real estate developer focused on commercial, industrial, and residential projects with vertically integrated construction capabilities. Comparable to Forum in regional scope, mixed-use approach, and integrated development model.
Devimco Immobilier: Quebec-based real estate developer focused on large-scale mixed-use projects including Quartier DIX30 and other major developments. Closely comparable to Forum's Quebec mixed-use community developments like Marché Buckingham and Lustra in Terrebonne.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Forum financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Forum leadership team

Management profile

Number of profiles

Profiles7 records

Forum funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Forum M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Forum

What does Forum do?

Is Forum a public or private company?

Forum is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Forum founded?

Forum was founded in 2001. It employs 11 to 50 people.

Where is Forum based?

Forum is headquartered in Westmount, Canada, in the North America region.

How does Forum make money?

Three revenue lines are on record. Property Sales and Development is the primary driver. The others are leasing Commissions and Rental Income and property Management Fees.

Who are Forum's main competitors?

Direct peers on record are RioCan REIT, Choice Properties REIT, SmartCentres REIT, First Capital REIT and Morguard REIT. Broad incumbents are Cadillac Fairview and Ivanhoé Cambridge. Regional players are BTB REIT, Broccolini and Devimco Immobilier.

Does Forum have an API?

No public API is recorded for Forum.

What industry is Forum in?

Forum's product category is Commercial Real Estate Development. Its primary akta.pro industry code is BPAJABAG, Land & Development Site Brokerage, with a secondary code of BPAJAHAF, Mixed-Use Community Association Management. Its SIC code is 6532.