FOR IMMEDIATE RELEASE
AvranceCorp: From Knowledge to Vision, Building 34,000 Homes for a Sustainable Future
TORONTO, CANADA – OCTOBER 9 – AvranceCorp Developments, a Canadian real estate leader with over $4 billion in active projects, is proud to share its story — one that began with knowledge and determination and has grown into a transformative force shaping the future of real estate in Canada and beyond.
The Founder’s Journey
The roots of AvranceCorp trace back to Samuel Babs, who graduated from London Metropolitan University in 2006. Inspired by his father, a professor in urban planning, Samuel entered the world of real estate straight out of university. He had no financial capital, only knowledge, determination, and a vision to create something enduring.
In 2016, Samuel founded AvranceCorp. With resilience and focus, the company began carving a place in the market. In 2020, AvranceCorp completed its first major acquisition, proving that expertise and vision could translate into tangible results despite financial barriers.
Where We Are Today
From those humble beginnings, AvranceCorp has grown into a Toronto-based developer with a $4 billion portfolio and a pipeline of more than 7,000 residential units. Its developments span multi-phase master-planned communities, high-rise condominiums, purpose-built rentals, and mixed-use projects across Ontario, including Toronto, Ottawa, and Wasaga Beach.
AvranceCorp has built a reputation for taking on complex development challenges and transforming them into opportunities that generate value for both investors and communities.
Where We’re Heading
Looking forward, AvranceCorp has a clear pathway to create 34,000 purpose-built rental units under a REIT platform, designed to deliver long-term, sustainable wealth for investors while addressing Canada’s growing demand for housing.
This vision is supported by:
• Technology Integration – Leveraging AI to strengthen investor engagement, streamline sales, and enhance customer service.
• Global Expansion – Laying the groundwork for projects in the UK, Africa, and beyond.
• Community Focus – Building inclusive, sustainable housing solutions, including 55+ communities and mixed-use neighborhoods.
Executive Commentary
“AvranceCorp was built not on wealth, but on knowledge and determination,” CEO and founder of AvranceCorp Developments Samuel Babs said. “From graduating in 2006 to founding the company in 2016, and making our first acquisition in 2020, every step has been about building with purpose. Today, with $4 billion in projects and a clear strategy to deliver 34,000 rental units under REITs, we are committed to creating long-term, sustainable wealth for our investors while addressing one of the most pressing needs of our time: housing.”
The Legacy Ahead
AvranceCorp’s story reflects resilience, ambition, and vision. What began as a founder’s dream built on academic knowledge is now becoming one of Canada’s most ambitious real estate platforms. With billions under development and a roadmap for 34,000 rental units, AvranceCorp is positioned to deliver both strong returns and lasting community impact for decades to come.
About AvranceCorp Developments
AvranceCorp Developments is a Toronto-based real estate development company with a portfolio exceeding $4 billion and more than 7,000 residential units in active development. Founded in 2016 by Samuel Babs, AvranceCorp continues to expand its footprint in Ontario and beyond, with a long-term vision of creating 34,000 purpose-built rental units under REITs to drive sustainable investor wealth and community growth.
Media Contact
Kenai Andrews
Investor Relations Director and PR
AvranceCorp Developments
Email: kenai@avrancecorp.com
Phone: 647-368-8888