Category: Press Release

AvranceCorp Developments appoints Jason Macintosh as Chief Financial Officer to oversee financial operations

TORONTO, ONTARIO – OCTOBER 15, 2025– AvranceCorp Developments, a real estate development firm based in Ontario, announced the appointment of Jason Macintosh as its new Chief Financial Officer (CFO). Mr. Macintosh will oversee AvranceCorp’s financial operations across Ontario and emerging markets.

Mr. Macintosh BComm, MBA, CPA, CGA, is a results-driven professional with over 25 years of comprehensive finance experience. In his previous role as CFO and Corporate Secretary for Canadian gold development company Stllr Gold Inc., Mr. Macintosh provided strategic leadership of accounting and finance operations, established robust policies and controls, and supported the company’s continued growth and significant exploration efforts in Ontario and the Northwest Territories.

“We’re excited to welcome Jason to our executive team,” AvranceCorp Developments CEO and founder Samuel Babarinde said. “His integrity and deep expertise in financial management and strategic planning will be invaluable as we continue to expand our operations and strengthen our market position.”

“Jason’s extensive experience in financial operations and accounting management make him the ideal CFO to help us deliver excellence at every stage of our developments,” AvranceCorp Developments executive vice president and partner Ravi Thakur added.

“I’m honored to join AvranceCorp Developments at such an exciting time in its growth,” Mr. Macintosh said. “I look forward to collaborating with the leadership team to build on the company’s success and deliver strong financial outcomes that support its long-term vision.”

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact:

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
📧 kenai@avrancecorp.com
📞 647-368-8888

Previous Press Releases

AvranceCorp Developments Announces Bold Expansion to Deliver 7,000+ Residential Units Across Ontario

TORONTO, ONTARIO — OCTOBER 2 — AvranceCorp Developments, a next-generation Canadian real estate developer with over $4 billion in projects under management, today announced its ambitious pipeline of more than 7,000 residential units currently in planning and development across Ontario.

Founded in 2016 by CEO Samuel Babarinde, AvranceCorp has grown from a family-led business rooted in urban planning expertise to one of Canada’s fastest-emerging development companies. With a focus on innovation, affordability, and community impact, AvranceCorp is redefining how residential communities are built and financed.

“Our mandate is clear: build sustainable housing that balances profitability with affordability,” said Babarinde. “While many developers in the Greater Toronto Area are pricing families out of the market, AvranceCorp is committed to moderate profit margins of 30–50 per cent, ensuring our investors achieve strong returns while families access attainable housing.”

Highlights of the AvranceCorp Portfolio

•  T City Condos Phase II  –  A master-planned community of five towers with 1,800 units overlooking Humber River green space.

• Wasaga Beach “Lux” Project: 392 purpose-built rental units addressing high-growth rental demand in Georgian Bay.

• Springbank, London: Mixed-use community integrating townhomes and mid-rise rentals.

• Georgian Bay Terrace, Meaford: 150-unit development reshaping the waterfront.

• T City Townhouse Phase I: A multi-phase community featuring stacked townhomes, condominiums, and rental towers.

Commitment to Innovation

AvranceCorp is also investing in AI-driven real estate technologies, pioneering a platform to transform presales, financing, and investor access to property markets worldwide. This disruptive approach positions the company at the intersection of real estate and technology, creating new opportunities for global investors.

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

Previous Press Releases

AvranceCorp Secures Permit for Springbank Lux London’s Premier Mixed-Use Development

LONDON, ONTARIO – OCTOBER 25, 2021 – The City of London announced the approval of the building permit for Springbank Lux Condos, a signature AvranceCorp development located at 464 Springbank Drive in London.

Continue reading “AvranceCorp Secures Permit for Springbank Lux London’s Premier Mixed-Use Development”

AvranceCorp Developments Moves Forward with Zoning Approval for Georgian Bay Terrace

TORONTO, ONTARIO — October 25, 2021 — AvranceCorp Developments is pleased to announce that its highly anticipated Georgian Bay Terrace project has officially received zoning approval following a unanimous vote by the municipal planning authority on October 25, 2021. This milestone marks a major advancement for one of the region’s most transformative residential mixed-use developments and sets the stage for the project’s next phase of detailed design and pre-construction.

Georgian Bay Terrace is a premier five-storey boutique residential development located at 1 Legion Road in Meaford, Ontario. Featuring 150 luxury suites, Georgian Bay Terrace combines contemporary design with the natural beauty and lifestyle appeal of the Georgian Bay region.

“We are extremely pleased and honored to receive zoning approval for Georgian Bay Terrace,” AvranceCorp Developments CEO and founder Samuel Babarinde said. “This decision reflects a shared vision between our team and the municipality, one that supports responsible urban expansion, economic opportunity, and enhanced quality of life for current and future residents. We are grateful for the constructive dialogue with city officials, local stakeholders, and community members throughout this process.”

The approval follows several months of planning reviews, environmental assessments, and design refinements aimed at ensuring that Georgian Bay Terrace meets both community expectations and municipal development standards.

With zoning approval secured, AvranceCorp will now proceed with detailed architectural planning, engineering studies, and the preparation of building permit applications.

Visit www.avrancecorp.com for more information and project updates.

Forward-Looking Statements:

This release may contain forward-looking statements relating to the future performance of Georgian Bay Terrace. Such statements involve risks and uncertainties, and actual results may differ materially due to various factors including regulatory changes, construction timelines, and market shifts.

About AvranceCorp Developments

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

Previous Press Releases

‘AvranceCorp Presents,’ featuring “The Canadian Food Professor” Dr. Sylvain Charlebois set to premiere on YouTube in November

TORONTO, ONTARIO – NOVEMBER 3, 2025 – AvranceCorp Developments, a real estate development firm based in Ontario, is proud to announce the November launching of its YouTube podcast AvranceCorp Presents, which will feature “The Canadian Food Professor,” Dr. Sylvain Charlebois in its first episode.

 

AvranceCorp Presents is a weekly conversational live show hosted by media director Kenai Andrews on the AvranceCorp YouTube channel. The show will feature discussion with experts in the real estate and related industries, along   with notable personalities from all walks of life.

 

“We are thrilled to be launching the first episode of AvranceCorp Presents with Dr. Charlebois,” AvranceCorp Developments CEO and founder Samuel Babarinde said. “Dr. Charlebois is an expert in the economics of food and agriculture, which is just as important as affordable housing, given the current financial North American climate.”

 

“Dr. Charlebois breaks down complicated issues like the North American food economy into digestible pieces of information for the viewer,” AvranceCorp executive vice president and partner Ravi Thakur added. “It’s no wonder that news outlets like CTV News continually feature him and we are glad to have ‘The Canadian Food Professor’ on our first episode of AvranceCorp Presents.”

 

The first episode of AvranceCorp Presents with Dr. Charlebois is scheduled for Wednesday Nov. 19 at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact


Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888

 

Previous Press Releases