About

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 $14 billion of assets under management in North America and Europe. The scope of the business includes residential land development, housing and condominium development, asset management & management services for four TSX-listed funds, investments in and management of Canadian renewable energy infrastructure and commercial property ownership.

 

expand-iconDream Overview Chart Web - Simple

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.

Dream-Overview-Booklet_web_Page_1

For a complete overview please see our Dream Brochure.

Management Team

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.

Michael J. CooperPresident and Chief Responsible Officer
P. Jane GavanPresident, Asset Management
Pauline AlimchandaniChief Financial Officer & Executive Vice President
Daniel MarinovicChief Development Officer
Jason LesterVice Chair, Development
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 29 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, Dream Global REIT, and the Women’s College Hospital Foundation, 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 her 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.

Our Values & Culture

Integrity

We’re honest, accountable, transparent, and respectful in our dealings with others. We act in a way that helps to create goodwill for all our relationships, now and in the future.

Teamwork

We help each other achieve collective goals while reinforcing each other’s strengths and doing our best to help others in the areas they are weaker. Our successes are shared with all.

Dealing with Stakeholders

Our success relies on our ability to meet and exceed the expectations of our stakeholders. We believe prompt responses with thoughtfulness, compassion, innovation and creative solutions will lead to the best outcomes.

Social Responsibility

We believe in contributing in the communities where we live and where we work and value the commitment of others.

Opportunity

We provide a safe and respectful work environment that attracts, supports and develops high-performing and innovative team members and provides opportunities in as fair a manner as possible.

Fun

We believe that Dream’s success is enhanced when we encourage an environment where people enjoy working together, take interest in each other, create social events to develop our understanding of each other and encourage humour at work.

Our culture includes living all of these values. It is in the work we do, the way we communicate, the decisions we make, and the way we share our responsibilities, which makes Dream a great place to work.

Our People

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 GrandanDream Development
Rod BehernsHomes by Dream
Sharlene McKillopDream Office
Ayesha ShafiqDream
Jose MaldonadoDream

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

Rod, Service Manager

Rod is rarely in his office. Every day, he is out in the field, showing Dream homebuyers their new home and making sure their needs are met and they are satisfied with their purchase. 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

In the Community

Habitat for Humanity

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.

Our Partnerships

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.

 

WCH Shoebox Right to Play

 

Local Charities

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.

Read more

Employee Donations

Individual Charities

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.