Almega Co. CEO Basem Hanna dreams big … very big
Aug 14, 2020
Almega Co. has unique origins, a charitable business plan and ambitions to be the top real estate, asset and property management company in the world.
“I know that sounds crazy now, but I’m young and ambitious and driven,” Almega president and chief executive officer Basem Hanna told RENX.
“Crazy” perhaps, but Hanna has steadily grown both Almega and other companies he’s been involved with. Almega is about to take its next major step, developing a $125-million apartment building along Sheppard Ave. W. in Toronto.
New Toronto apartment and future prospects
An equity raise was completed in December for the Toronto apartment project that’s now going through the zoning process. Hanna is proposing a 270-unit apartment building with shared office space and a daycare facility at 824 Sheppard Ave. W., between Allen Road and Bathurst Street.
Almega Co. has unique origins, a charitable business plan and ambitions to be the top real estate, asset and property management company in the world. “I know that sounds crazy now, but I’m young and ambitious and driven,” Almega president
renx.ca