AMRIK

What AMRIK does

AMRIK Developments is a privately held, Edmonton-based real estate developer founded in 2008 by Harpreet Singh, operating a diversified portfolio across three pillars: residential lot communities, multi-family rental housing, and commercial properties. Residential operations span 15+ current and historical communities in Edmonton, Leduc County, Beaumont, Fort Saskatchewan, Spruce Grove, and Sherwood Park (Cavanagh Ravine, Churchill Meadow, Triomphe, Riverstead at Keswick, The Grove at Schonsee, Beaumont 57, and others), offering single-family lots, townhomes, and duplexes in master-planned settings. Multi-family operations include Ambleside Townhomes (32 units, completion June 2026), Kaia Residences (83 units), The Townhomes at Emerald Hills, and the FiveStone-JV Clareview Townhomes (116 units, Fall 2026). Commercial operations comprise retail plazas (Sandy Lane, EVER @ Mattson), gas/c-store assets across Drumheller, Vermilion, Lloydminster, Slave Lake, Fort McMurray, daycares (Clareview, RMS, Castlepoint), and a car wash.

Revenue is generated through four streams: land development fees and lot sales, multi-family unit sales and rental income, commercial lease income, and strategic advisory plus JV/direct-ownership investment participation. The asset-light operating model is reflected in a headcount of 1-10 employees that outsources construction to contracted builders and co-develops via joint ventures (notably FiveStone). The company is member of CHBA, NAIOP, BILD Alberta, and TEC Canada, and pursues business through direct outreach to investors, partners, and homebuilders via website and phone rather than channel partners. There is no disclosed revenue, no public listing, no funding rounds, and no parent company; ownership is founder-controlled with a management team led by President Romeo Deol and Managing Director Anmol Sahi.

Name

AMRIK

Legal name

AMRIK Developments

Website

https://amrik.ca

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

AMRIK Developments is a privately held Alberta real estate developer founded in 2008, building residential communities, multi-family rental properties, and commercial assets across Edmonton and surrounding markets for investors, homeowners, and tenants through direct ownership, joint ventures, and development services.

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Land Subdivision (2372), New Housing For-Sale Builders (236117), Residential Building Construction (23611)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Operators Of Apartment Buildings (6513), Operators Of Nonresidential Buildings (6512)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

Keywords

• Real estate development
• Residential communities
• Multi-family housing
• Commercial properties
• Land development

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Marketing or Sales

Revenue model

1. Land Development: Managing every stage of development process from zoning and planning to infrastructure installation for residential and commercial land development across Alberta.
2. Multi-Family Development: Multi-family residential developments including townhomes and rental apartments. Revenue generated through sales and rental income from completed developments.
3. Commercial Property: Commercial properties including retail complexes, gas stations, and daycares. Revenue from retail plaza leases, convenience stores, and commercial tenants.
4. Strategic Advisory & Investment: Consulting on project feasibility, market trends, and regulatory compliance. Investment opportunities including direct ownership and joint ventures.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

AMRIK Developments is a privately held Alberta-based real estate developer that plans, builds, and manages residential master-planned communities, multi-family rental properties (townhomes and apartments), and commercial assets such as retail plazas, gas stations, daycares, and car washes across Alberta. The company also provides land development services covering zoning, planning, and infrastructure installation, and offers strategic advisory and investment services including joint ventures and direct ownership opportunities.

Product overview

AMRIK Developments is a single-platform real estate development company offering a diversified portfolio of residential communities, multi-family rental properties, and commercial assets across Alberta. The company's residential portfolio includes current projects across Edmonton, Leduc, Beaumont, and Fort Saskatchewan such as Cavanagh Ravine, Churchill Meadow, Triomphe, Riverstead at Keswick, and The Grove at Schonsee, alongside completed communities like Kin at Schonsee, McConachie, Salisbury Village (award-winning), and others. Multi-family offerings encompass rental townhomes and apartments including Ambleside Townhomes (32 units, completion June 2026), Clareview Townhomes (116 units, Fall 2026), Kaia Residences (83 units), and The Townhomes at Emerald Hills. Commercial properties span retail plazas (Sandy Lane, EVER @ Mattson), gas stations/convenience stores (Drumheller Circle K, Vermillion Esso, Lloydminster Tempo, Slave Lake Circle K), and childcare facilities (Clareview Daycare, RMS Daycare, Castlepoint Daycare). Services include land development, multi-family development, consulting, and investment advisory.

Differentiator

Problem solved

Functional benefit

Products and services

• Land Development Services
• Strategic Advisory & Investment Services
• Cavanagh Ravine
• Churchill Meadow
• Triomphe
• Riverstead at Keswick
• Alces
• West Creek Estates
• Schonsee South
• SouthPointe
• Robinson
• Southfork
• Irvine Creek
• Eastmont in Coloniale Estates
• The Grove at Schonsee
• Beaumont 57
• Ambleside Townhomes
• The Townhomes at Emerald Hills
• Clareview Townhomes
• Kaia Residences
• EVER @ Mattson
• Sandy Lane
• Fraser Car Wash
• Clareview Daycare
• RMS Daycare
• Drumheller Circle K
• Vermillion Esso
• Lloydminster Tempo
• Slave Lake Circle K
• Fort McMurray Retail
• Castlepoint Daycare

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• CHBA (Canadian Home Builders' Association)coreStrategic or Co-development PartnerCHBA advocates for the Canadian residential construction industry and upholds standards that promote quality, innovation, and consumer confidence. AMRIK engages with CHBA to champion responsible building practices and contribute to a thriving housing market.
• NAIOPcoreStrategic or Co-development PartnerAs the Commercial Real Estate Development Association, NAIOP provides advocacy, education, and networking for developers and investors. AMRIK's participation supports collaboration across the sector and keeps the team connected to emerging trends and insights.
• BILD AlbertacoreStrategic or Co-development PartnerBILD Alberta unites builders, land developers, and renovation professionals to advance sustainable communities across the province. Through this membership, AMRIK collaborates with industry peers and supports policies that foster responsible growth.
• TEC CanadaminorStrategic or Co-development PartnerTEC Canada connects executives through peer advisory groups, executive coaching, and leadership resources. AMRIK leverages TEC Canada's community to strengthen strategic decision-making and deliver greater value for partners and investors.
• FiveStonecoreStrategic or Co-development PartnerPartnership with FiveStone for Clareview Townhomes development - a 116-unit townhome rental and stand-alone daycare project in the Clareview community, combining AMRIK's development expertise with FiveStone's capabilities.

Scale indicators1 record

Recent moves5 records

Expansion highlights4 records

Direct peers

• Melcor Developments: Edmonton-based publicly traded real estate developer with a comparable diversified model spanning land, residential, multi-family, and commercial assets across Alberta. Closest direct comparable given geography and asset mix.
• Qualico Group: Edmonton-headquartered residential and land developer operating across Western Canada; directly comparable in master-planned community development and single/multi-family homebuilding.
• Bedrock Homes: Edmonton-area homebuilder developing single-family, duplex, and townhome product in master-planned communities; comparable as a residential builder partner/competitor in the same Edmonton Metro sub-markets.
• Anthem Properties: Western Canadian real estate developer active in residential, multi-family rental, and mixed-use; comparable in product mix though larger and more geographically diverse.
• Rohit Group of Companies: Edmonton-based developer and homebuilder with land development, multi-family rental, and commercial operations in Alberta; directly comparable in scale and regional focus.

Broad incumbents

• Dream Unlimited: Canadian diversified real estate company with residential, multi-family rental, and commercial exposure; comparable in multi-product strategy though national in scope.
• Genstar Development Company: Large Western Canadian residential land developer with deep portfolio across the Prairies; comparable as a master-planned community developer though at materially larger scale.
• Brookfield Residential: Major North American homebuilder and land developer with significant Alberta presence; comparable in master-planned community development but at much larger institutional scale.

Regional players

• Truman Homes: Calgary-based residential developer active in multi-family and master-planned communities; comparable in product type and Alberta-focused operations, though based in the Calgary market.

Others

• FiveStone: Alberta-based real estate investment and development firm; comparable as AMRIK's active co-development partner on the 116-unit Clareview Townhomes project and adjacent participant in the multi-family rental space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks4 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/amrikdevelopment
• LinkedInlinkedin.com/company/amrik

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about AMRIK