Mondev is an active developer for generations to come.
Mondev was created through the vision of dedicated and talented people. Stakeholders’ senior partners David and Michael Owen combine their extensive business and commercial real estate expertise to help enhance and revitalize the Montreal skyline for generations to come. Building real estate projects that are inspired by the industry’s best practices is one of Mondev’s strongest values.
The Environmental Component
ESG is at the forefront of everything we accomplish and investing in green technologies is a priority. Indeed, we have a deep interest in building a product that is optimal in terms of operational efficiency. Moreover, some of our buildings have been awarded LEED and BOMA Best. The future is green, and we want to be part of it.
We strongly believe housing is a human right. Consequently, we want to remain active developers by increasing our efforts to help build more social housing and also offer more financial support.
Team spirit is one of Mondev’s main strengths. Indeed, we pride ourselves with open and transparent communication between collaborators, employees, and customers. Also, because of our nimble business philosophy we can develop in an efficient way and evolve harmoniously with the market.
Mondev’s Legacy
Developing high quality projects and building integrated communities is MONDEV’s primary goal. Our long-term vision is to create living environments that are curated for their environment, allowing residents to connect amongst themselves thereafter leading to a strong sense of belonging.
As a leader, we want to create an impact that will last for centuries to come. The Mondev signature is a symbol of quality, and we want to inspire developers to follow in our footsteps and engage in green and social initiatives.
DAVID OWEN | PARTNER
David Owen, with over 35 years of experience in the construction industry, a degree in Honours Business Administration from Western Ivey, and a portfolio that includes more than 10,000 condos built and 2 million square feet of industrial space, is a highly respected figure in real estate development. His passion for shaping Montreal’s urban landscape is evident in every project, reflecting his deep connection to the city’s history, culture, and growth.
As the founder and Partner of Mondev, David oversees all phases of development, from land acquisition and zoning to design, construction, marketing, and customer service. His hands-on leadership ensures that each project embodies the craftsmanship and distinctive Montreal character that Mondev is known for. David’s attention to detail and commitment to authenticity ensure that every Mondev development meets his high standards of modern luxury.
Constantly seeking new opportunities to enhance Montreal’s unique environment, David views the city as a dynamic blend of culture, tradition, art, and business. His deep knowledge of the real estate market and development trends keeps him at the forefront of both commercial and residential investment. Committed to teamwork and integrity, he works closely with his talented team at Mondev to continue shaping the city’s future.
MICHAEL OWEN | PARTNER
A Partner at Mondev, Michael Owen is a veritable expert in all areas of urban real estate. With a background in Commercial Real Estate Development from the Massachusetts Institute of Technology (MIT), a BCOMM degree from the John Molson School of Business, and several other accreditations, Michael’s business and project development skills are bolstered by years of in-depth education and professional experience. His work has received awards and recognition throughout the industry and his name is synonymous with quality, integrity and success.
Michael Owen has more than 20 years experience in the real estate industry. Originally as one of Quebec’s top commercial real estate brokers, then as a member of Mondev’s team of owners.
Vital to Mondev’s business and development growth, Michael excels at bringing the vision of Mondev’s senior team to fruition though a detailed combination of business, project and development techniques.
Passionate about creating exceptional living spaces for Montreal’s contemporary urbanites, Michael’s talent and drive have helped make Mondev one of the city’s fastest-growing real estate development companies. This is a feat he is proud of not only because it establishes Mondev as a premier provider of quality living spaces across the island of Montreal, but also because it upholds the vison and philosophy of Mondev’s founders. This philosophy is to bring the best condominium and mixed-use commercial properties to proud Montrealers — all at affordable prices.
Always looking to grow, revitalize and enhance Montreal’s world-class landscape, Michael is key to Mondev’s exceptional roster of achievements.
MARK OWEN | PARTNER
Mark brings a strategic and analytical approach to real estate development and investment. Currently serving as a Partner at Mondev, Mark focuses on deal sourcing, financing, and deal structuring. He employs a methodical approach to identify opportunities and execute transactions that align with Mondev’s goals, contributing to the company’s sustained growth in Montreal’s real estate market.
Together with his brother, Jordan, and a dedicated team that includes two other partners, Mark co-founded SquareFeet.ai, a venture that successfully integrated artificial intelligence into real estate pricing. This team also played a key role in launching Bien Aller, an e-commerce platform that effectively met market demands during the challenging conditions of 2020.
Mark holds a Master’s in Real Estate from Harvard University and a Bachelor of Arts in Economics from McGill University. His solid foundation in academic theory, combined with practical experience and technical skills in multiple programming languages, enables him to lead complex projects from conception to completion.
Looking ahead, Mark is focused on further growth in his real estate career, exploring new methods to enhance efficiency and sustainability in development. His future aspirations include expanding Mondev’s portfolio, entering new markets, and continuing to innovate in real estate investment and development.
JORDAN OWEN | PARTNER
Fascinated by the real estate industry, Jordan began his career as a real estate broker at Colliers following his Bachelor of Finance from McGill. After several years in commercial brokerage, he migrated to real estate development by joining the family business.
He acquired an important expertise in the development of multi-residential real estate projects by acquiring land, developing projects, and selling real estate assets. Understanding that real estate pricing is critical to the success of a new development project, Jordan and Mark developed a simple model to optimize multi-residential real estate pricing and generated tremendous value for the firm.
Jordan currently focuses on ground-up real estate development, overseeing every phase from acquisitions to entitlements and project delivery. His hands-on approach has resulted in the successful completion of numerous mixed-use developments in Montreal. His impact on both the company and the built environment is significant and is poised to grow in the years ahead.
Realizing the impact of technology on the real estate industry, Jordan decided to continue his studies at one of the most prestigious universities in the world, the Massachusetts Institute of Technology (MIT). At MIT, he graduated with a master’s in real estate development and a Master in City Planning.
His thesis focused on data-driven transit oriented development and planning, which was presented to the senior executives at the ARTM. He has also published several academic works, notably one in Cities, a highly ranked academic journal, and a chapter titled “Economic Risks from Policy Pressures in Montreal Real Estate” in the textbook “Emerging Risks in Finance: Challenges and Opportunities for Investors, Institutions and Regulators.
Finally, Jordan and Mark have worked on two successful start-ups in retail and technology, namely Bien Aller and SquareFeet.ai.
MICHELINE GRECO | EXECUTIVE VICE-PRESIDENT OPERATIONS
Micheline joined the Mondev team as its first and sole employee after completing her studies, having been recruited for her high-level management and organizational skills, with an education consisting of a Bachelor’s degree in Political Science and a Post-graduate certificate in Public Relations. Quickly becoming a key contributor to the company’s growth and success, she has been the right-hand to David since 1993, and is now the Executive Vice-President of Operations, the backbone of the business.
Her great range of qualifications and expertise has had a significant impact on all areas of the business, as her background in the sales, leasing, property management, accounting, and human resources departments led to a well-rounded mastery of the industry. Continuously striving to innovate and improve, Micheline has been an essential player to MONDEV’s expansion and accomplishments in the past three decades and is an undeniable asset to its sustainability.
Her careful attention to the business’ goals and interests, and her excellent leadership and positive attitude, have contributed to making MONDEV one of the largest real estate developers in the province.
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