They focus on investments in real estate, private equity, and infrastructure. The company also manages assets for institutional investors and wealthy individuals.[1][2][3]
History
Forum Asset Management was established in 1996 and is located in Toronto, Canada.[2] Forum was founded by Richard Abboud, who serves as the company's CEO. In 2024, he received the title of CEO of the Year from the Ontario Chamber of Commerce.[1][4][5] The firm emphasizes innovation, sustainability, and making a positive impact on communities. Forum manages both residential and commercial properties, with assets valued at over $1.7 billion. This includes a self-storage fund called "Make Space Storage", which is valued at $200 million and was acquired in January 2024. [6][7][8][9]
In July 2022, Forum helped with a second round of growth equity investment in Broadlinc, a digital media company based in the United States. In 2023, the firm donated $125,000 to the Lang School of Business at the University of Guelph. This donation was intended to support education related to the real estate industry.[10][11]
In February 2024, Forum bought two head office buildings belonging to NB Power, located in downtown Fredericton.[12][13]
Over time, the company has developed a portfolio that spans multiple sectors, including residential, commercial, and mixed-use developments across North America. Forum has been involved in both direct property ownership and growth equity investments in real estate-related firms, reflecting its dual focus on asset management and strategic investment.[14]
Other Projects
Forum Asset Management participated in various significant projects, including the establishment of private credit fund in collaboration with TSCG. They also development of a self-storage platform that emphasizes adaptive reuse.[15][16][17][18]
They have also acquired Alignvest Student Housing REIT in a deal valued at $700 million. This transaction is noted as one of the largest in the Canadian student housing market.[19][20][21] The firm is recognised for its involvement in the real estate industry, particularly in the area of student housing.[22][23]
