Porte Communities
Porte Communities is a second-generation family-run Vancouver-based real estate developer, owner, and manager operating across Metro Vancouver, Victoria, and Calgary in three segments: new home for-sale development (condos and townhomes), a 900+ suite rental portfolio, and 1.3M+ square feet of commercial real estate including specialized life-sciences properties.
- Company typePrivate
- Founded1968
- HeadquartersVancouver, Canada
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Porte Communities does
Porte Communities is a privately held, second-generation family-run real estate developer, owner, and operator headquartered in Vancouver, BC. Founded by Hershey Porte in 1968 and currently led by his son David Porte as President, the company operates across Metro Vancouver, Victoria, and Calgary with three integrated business lines: (1) New Homes development and sale of condominium and townhome communities, including named projects Bastille (Coquitlam), Grafia (Vancouver), Hartley (Surrey), Quinn (Surrey), Habitat (Mount Pleasant), and Clyde (Port Moody), with units priced between $300,000 and $700,000+; (2) Rental Properties management of 900+ apartment suites with first building established in 1974 in Kitsilano and new purpose-built product via the Madison project in Calgary; and (3) Commercial Real Estate ownership and management of more than 1.3 million square feet of office, retail, and industrial space across all three regions, including the specialized Project Wonder portfolio (Aristotle and George) purpose-built for life sciences and innovation tenants. The company monetizes through one-time residential unit sales, recurring rental income starting from $1,995/month for studios, and recurring commercial lease payments, distributed directly via presentation centres, model homes, a dedicated rental portal, and an in-house property management team. It reports 45+ employees covering acquisitions, development, property management, leasing, accounting, and maintenance functions. In October 2025, Porte announced a strategic partnership with Integral Strategic Real Estate Ltd. to co-develop 285 purpose-built rental suites across 225,000+ square feet in Calgary with a total project value exceeding $110 million, backed by a tier-one institutional capital partner, with construction beginning in 2026 and completion scheduled for 2028.
Porte Communities firmographics
Firmographics- Name
- Porte Communities
- Legal name
- Porte Communities
- Website
- https://porte.ca
- Company type
- Private
- Founded year
- 1968
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Porte Communities is a second-generation family-run Vancouver-based real estate developer, owner, and manager operating across Metro Vancouver, Victoria, and Calgary in three segments: new home for-sale development (condos and townhomes), a 900+ suite rental portfolio, and 1.3M+ square feet of commercial real estate including specialized life-sciences properties.
- Ownership category
- akta.pro rank
Porte Communities industry classification
Industry- Product category
- Real Estate Development and Property Management
- NAICS
- New Housing For-Sale Builders (236117), Land Subdivision (237210)
- SIC
- Land Subdividers & Developers (No Cemeteries) (6552), Real Estate Agents & Managers (For Others) (6531), Operators Of Nonresidential Buildings (6512)
- akta.pro primary industry
- Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)
- akta.pro secondary industry
- Mixed-Use Property Management (BPAJAGAE)
Keywords
Where Porte Communities is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices3 records
Markets served
Porte Communities business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D
Revenue model
- Residential Home Sales: Development and sale of new residential homes including condominiums and townhomes. Revenue generated from sales of completed units across Metro Vancouver and Calgary.
- Rental Income: Management and operation of 900+ rental apartments across Metro Vancouver and Calgary. Revenue from monthly rental payments. First rental building established in 1974 in Kitsilano.
- Commercial Property Leasing: Lease of 1.3 million square feet of commercial real estate including offices, retail spaces, and industrial complexes throughout Metro Vancouver, Vancouver Island and Calgary.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Studio rental homes from $1,995/month |
| One time/ perpetual license | Multi-year contract | Residential homes from $300K to $700K+ |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Porte Communities product offering
Product offeringCore offering
Porte Communities develops, owns, and manages residential and commercial real estate across Metro Vancouver, Victoria, and Calgary. The portfolio includes new-home condo and townhome communities, 900+ rental apartments, and 1.3 million+ square feet of commercial properties, including purpose-built life-sciences and innovation spaces under the Project Wonder initiative. Revenue is generated from one-time residential home sales, recurring rental income, and ongoing commercial lease income.
Product overview
Porte Communities operates three integrated business segments: (1) New Homes development offering condo and townhome communities across Metro Vancouver and Calgary, including Bastille (Coquitlam), Grafia (Vancouver), Hartley (Surrey), Quinn (Surrey), Habitat (Vancouver), and Clyde (Port Moody); (2) Rental Properties management with 900+ rental apartments across Metro Vancouver and Calgary, including Madison (Calgary pre-leasing); and (3) Commercial Real Estate ownership and management with 1.3M+ square feet spanning offices, retail, and industrial spaces, including specialized Project Wonder properties (Aristotle, George) for life sciences and innovation industries. The company also provides full-service property management and tenant care through dedicated portals.
Differentiator
Problem solved
Functional benefit
Brands
- Project Wonder: A collection of creative office buildings specifically supporting life sciences and innovation industries, combining real estate with health, science and technology in progressive Vancouver communities.
Products and services
- Bastille French-inspired 1-3 bedroom condo community in Coquitlam, currently selling with move-in ready availability. Targeted at individual homebuyers.
- Grafia Modern studio to three-bedroom condo collection located off Commercial Drive in Vancouver, for individual homebuyers.
- Hartley Family-inspired 3 and 4 bedroom townhomes plus select 1 to 2 bedroom plus den homes in Surrey City Centre, for individual homebuyers.
- Quinn 1 to 2 bedroom plus den condominiums in Central Surrey offering 174 homes, for individual homebuyers.
- Habitat Modern collection of 1, 2 and 3 bedroom homes and ground-level retail spaces in the heart of Mount Pleasant, Vancouver.
- Clyde Vibrant community in Port Moody offering 1, 2 and 3 bedroom homes with 117 total residences and penthouse rooftop decks.
- Madison 1 to 2 bedroom plus den purpose-built rental homes in the heart of Marda Loop, Calgary.
- Rental Properties Portfolio
Companies that use Porte Communities
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Porte Communities technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Porte Communities partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Integral Strategic Real Estate Ltd.coreStrategic partnership for development of new purpose-built rental housing in Calgary. First two projects near Stampede Grounds and Currie Barracks neighbourhood will deliver 285 rental suites across 225,000+ sq ft with $110M+ total project value. Construction begins 2026, completion 2028. Tier-one institutional capital partner secured for the platform.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Porte Communities competitors and assessment
Company assessmentBroad incumbents
- QuadReal Property Group: Brookfield-owned Canadian real estate investment, development, and management firm operating across residential, office, industrial, and life sciences. Comparable in managing a diversified Canadian portfolio including purpose-built rental and life sciences.
- Dream Unlimited: Publicly listed Canadian real estate company with residential development, asset management, and investment businesses. Comparable as a diversified Canadian real estate developer and asset manager, though much larger and broader in scope.
- Grosvenor Americas: International family-owned real estate developer and investor with significant Canadian residential and mixed-use activity. Comparable as a long-tenured, privately held developer with multi-asset class exposure.
Direct peers
- Centron Group: Calgary-based developer active in residential, commercial, and hotel real estate across Western Canada. Directly comparable as a Western Canadian for-sale and rental developer with multi-city footprint.
- Onni Group: Vancouver-based vertically integrated developer of residential, rental, office, and retail real estate across Western Canada and the US. Closest comparable in terms of integrated development + ownership + property management stack.
- Bosa Properties: BC-focused residential and mixed-use developer building for-sale condos and townhomes in Metro Vancouver. Comparable product type, geography, and family-owned private ownership profile.
- Westbank Corp: Vancouver developer of high-profile residential towers, office, and mixed-use projects with creative/lifestyle positioning. Comparable as a Metro Vancouver mixed-use developer with branded differentiation.
- Aquilini Group: Privately held Vancouver-based conglomerate with significant residential development, commercial real estate, and hospitality holdings. Comparable in vertically integrated Western Canadian real estate with multi-generational family ownership.
- Polygon Homes: One of BC's largest residential homebuilders with a deep portfolio of for-sale condos and townhomes across Metro Vancouver and Vancouver Island. Directly comparable as a Western Canadian residential developer with a similar product mix of low- and mid-rise communities.
- Concord Pacific: Vancouver-headquartered developer of master-planned residential communities, most notably Concord Place. Comparable in building for-sale high-rise and townhome product in Metro Vancouver and expanding into purpose-built rental.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Porte Communities social profiles
Digital presencePorte Communities financial estimates
Financial estimateRevenue estimate
Valuation estimate
Porte Communities leadership team
Management profileNumber of profiles
Profiles5 records
Porte Communities funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Porte Communities M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Porte Communities
What does Porte Communities do?
Porte Communities develops, owns, and manages residential and commercial real estate across Metro Vancouver, Victoria, and Calgary. The portfolio includes new-home condo and townhome communities, 900+ rental apartments, and 1.3 million+ square feet of commercial properties, including purpose-built life-sciences and innovation spaces under the Project Wonder initiative. Revenue is generated from one-time residential home sales, recurring rental income, and ongoing commercial lease income.
Is Porte Communities a public or private company?
Porte Communities is a private company. It is classified as family owned and is currently operating.
When was Porte Communities founded?
Porte Communities was founded in 1968. It employs 11 to 50 people.
Where is Porte Communities based?
Porte Communities is headquartered in Vancouver, Canada, in the North America region.
How does Porte Communities make money?
Three revenue lines are on record. Residential Home Sales are the primary driver. The others are rental Income and commercial Property Leasing.
Who are Porte Communities's main competitors?
Broad incumbents on record are QuadReal Property Group, Dream Unlimited and Grosvenor Americas. Direct peers are Centron Group, Onni Group, Bosa Properties, Westbank Corp, Aquilini Group, Polygon Homes and Concord Pacific.
Does Porte Communities have an API?
No public API is recorded for Porte Communities.
What industry is Porte Communities in?
Porte Communities's product category is Real Estate Development and Property Management. Its primary akta.pro industry code is IMAFABAL, Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities), with a secondary code of BPAJAGAE, Mixed-Use Property Management. Its NAICS code is 236117 and its SIC code is 6552.