We believe in building better communities.
Dream TSX: DRM has grown a lot since we started in 1994, becoming one of Canada’s leading real estate companies with ~800 employees and approximately $16 billion of assets under management in North America and Europe. The scope of the business includes asset management and management services for four Toronto Stock Exchange (“TSX”) listed trusts and institutional partnerships, condominium and mixed-use development, investments in and management of Canadian renewable energy infrastructure and commercial property ownership and residential land development, housing and multi-family development. Dream has an established track record for being innovative and for its ability to source, structure and execute on compelling investment opportunities.
We provide asset management services for four TSX listed funds:
Our operating businesses include:
- Homes by Dream – an award-winning home and condominium developer;
- Dream Development – Canada’s largest residential developer with ~10,000 acres of land;
- Dream Centres – focused on developing retail shopping destinations in our residential communities; and
- Renewable Power – we invest in renewable energy infrastructure.
Whatever we do, we work to create value and make everything we do better than it was before— for investors, for tenants and for the greater community — at every stage of the real estate life cycle.
Our team is made up of the industry’s smartest, most dedicated, knowledgeable and experienced real estate investment, asset management and financial professionals that have a proven track record of creating value.
Mr. Michael J. Cooper is the President and Chief Responsible Officer of Dream, and founder of DAM. He is also the Chair and Chief Executive Officer of Dream Office REIT. He has an extensive track record in the real estate industry dating back to 1986. He helped found DAM in 1996 and continues to lead the business as President and Chief Responsible Officer. Under his leadership, the business has grown to approximately $14 billion of commercial real estate, residential development and renewable energy infrastructure assets under management. Among his accomplishments, Mr. Cooper is responsible for the formation of three TSX-listed real estate investment trusts: Dream Office REIT, Dream Global REIT and Dream Industrial REIT and the formation of Dream Alternatives, a TSX-listed mutual fund trust focused on hard asset alternative investments. He earned a Bachelor of Laws degree from the University of Western Ontario and a Master of Business Administration from York University. Mr. Cooper currently sits on the board of directors of Dream, Dream Office REIT, Dream Global REIT, Dream Industrial REIT and E-L Financial Corporation Limited.
Ms. P. Jane Gavan is the President, Asset Management of Dream and has more than 30 years of experience in the real estate industry. Ms. Gavan is responsible for international real estate investments and serves as Chief Executive Officer of Dream Global, a Canadian REIT that invests in commercial real estate assets exclusively outside of Canada. Ms. Gavan previously served as Chief Executive Officer of Dream Office REIT. Since joining Dream in 1998, Ms. Gavan has played a key role in numerous transactions including the acquisition of Lehndorff Properties, the 2003 business restructuring that resulted in the creation of Dream Office REIT, Dream Office REIT’s $2.3 billion portfolio sale to GE Real Estate, and the initial public offering of Dream Global REIT. Prior to joining Dream, Ms. Gavan served as legal counsel for numerous companies including Oxford Properties Group, and Denison Mines Corp., and began her career in private law practice with Blake, Cassels & Graydon LLP, specializing in real estate and corporate finance. She earned an Honours Bachelor of Commerce degree from Carleton University and a Bachelor of Laws degree from Osgoode Hall, York University. Ms. Gavan currently sits on the board of directors of Dream, and Dream Global REIT, and is on the Patron’s Council for Community Living Toronto.
Ms. Pauline Alimchandani is the Executive Vice President and Chief Financial Officer of Dream and is responsible for the strategic development and ongoing financial management of the business. Ms. Alimchandani also acts as the Chief Financial Officer of Dream Alternatives. Ms. Alimchandani currently oversees all aspects of corporate finance, corporate strategy, financial planning & analysis, development finance, corporate accounting, financial reporting, debt, treasury and taxation for all of Dream’s divisions. Prior to her current role, Ms. Alimchandani was the Vice President, Corporate Strategy where she worked closely with the President and Chief Responsible Officer on capital allocation decisions, capital markets strategy and corporate transactions. Prior to joining Dream in March 2013, Ms. Alimchandani covered the Canadian real estate sector as a Vice President in equity research at BMO Capital Markets. Previously, Ms. Alimchandani worked in both the Audit and Assurance and Consulting & Deals practices at PricewaterhouseCoopers LLP. She obtained her BBA degree from the Schulich School of Business at York University before obtaining her CA designation in 2008 and becoming a CFA charterholder in 2012. Ms. Alimchandani currently serves on the board of directors of the general partner of Dream Alternatives Master LP and the Michael Garron (formerly Toronto East General) Hospital Foundation.
Mr. Daniel Marinovic is Chief Development Officer of Dream and oversees the Corporation’s development activities in Western Canada and Ontario. Prior to joining Dream, Mr. Marinovic was the Vice President of Finance for First Gulf Corporation, the commercial affiliate of the Great Gulf Group of Companies, a major property developer and landlord with operations in Canada and the United States. Over the course of his career Mr. Marinovic has been involved with a considerable list of high profile developments which include office, industrial, retail, adaptive re-use, condominium and master-planned residential communities. Mr. Marinovic holds a Masters in Business Administration from the University of Kansas (USA).
Mr. Jason Lester is Vice Chairman, Development. Mr. Lester has been with Dream and its related entities since 1996. Mr. Lester’s activities included several roles which he was responsible for residential and mixed-use development including the successful development of the 2015 Pan Am Games Athletes’ Village. He has over 28 years of experience in multi- family residential, commercial and industrial asset and property management. Since rejoining Dream in 2004, Mr. Lester has played key roles in numerous divisions, including land and housing, retail and multi-family in Western Canada. Prior to joining Dream in 2004, Mr. Lester held the position of Executive Vice President at Residential Equities REIT, where he was responsible for the property management division, acquisition activities and investment strategies for a portfolio of 11,000 suites.
Ms. Lindsay Brand is Chief Investment Officer of Dream and she is responsible for all the investments and capital allocation across Dream Unlimited and Dream Alternatives. In addition to investments, Ms. Brand is responsible for the portfolio management for Dream Alternatives and management oversight for all of our partnership developments. Ms. Brand joined Dream in 2011 and has held various positions throughout the organization prior to her current role. She has worked on acquisitions and asset management for Dream Office, Dream Global, Dream Alternatives and now Dream Unlimited. Prior to joining Dream, Ms. Brand worked at CIBC in both corporate development and real estate finance. Ms. Brand graduated with distinction from the Honours Business Administration program at the Richard Ivey School of Business and also obtained her Master of Science of Real Estate Development in 2014 from Columbia University in New York City.
We strengthen our culture by living these values every day, in how we work, communicate, and make decisions. Our values define how we collaborate and share our responsibilities, and they are what makes Dream such a great place to work.
What makes Dream such a special place? Our people. We hire smart, dedicated, knowledgeable and fun people to join our team. We hire people who not only live, but also represent our values and, together, we build better communities.
We are proud of our employees, and you will see in their stories that they are proud to work for Dream. These are the people who would be your colleagues, and we’re willing to bet they would quickly become your friends.
These are the stories of a few of our people:
Jim, VP, Development & General Manager
“The only constant is change.” Though he heard these words from Michael Cooper nearly 20 years ago, Jim Grandan remembers them as though they were spoken just last week. Read More
Sharlene, VP, Property Management
Twenty-one years after joining what would later become Dream, Sharlene McKillop still finds her job dynamic, challenging, and most importantly, enjoyable. Read more
Ayesha, VP, Investments
Ayesha’s career at Dream started when she launched into a monologue explaining why she is a good fit for the company. It was during one of her interviews; she received an offer about an hour later. Read More
Jose, Director, Development Finance & Treasury
Jose Maldonado has sat at six different desks since joining Dream three years ago. Over that time, he has taken on roles in various parts of the growing company, including with the debt team, Dream Global, Land & Housing and, now, Dream Unlimited. Read More
Dream is committed to building better communities. We believe we not only have the ability, but also the responsibility to contribute to and invest in the communities where we work.
We do that by partnering with not-for-profit organizations, encouraging employee volunteering, and supporting local charities that are important to our employees.
We also do it through our work, whether it’s by building themed parks for the children in our residential communities or by launching initiatives in our office buildings to give tenants a chance to help people in need.
Dream is proud to partner with Toronto’s Women’s College Hospital and to have established strong relationships with The Shoebox Project for Shelters and Right to Play. Click on the logos below to learn more about our work with these innovative organizations.
Dream has always been committed to building better communities by supporting local programs and initiatives that strengthen the social fabric of the communities where we work and live.
Investing in our communities means more to us than simply writing a cheque: we like to partner with like-minded organizations so that we can all grow from our collaboration, allowing us to impact even more people.
We want all Dream employees to live our values and contribute to making their communities better by getting involved with causes they care about. To show our support for our employees, Dream contributes up to $500 per employee per year to organizations that employees volunteer with. This has helped empower local children’s programs, sports teams, and community-building activities.