On October 14th, 2015 Albi Homes and Brookfield Residential announced that they have officially joined to become one company!
ALBI homes, a leading luxury home builder in Calgary and recipient of numerous industry and customer service awards including the 2014 National Grand SAM Award for product and design excellence, has built 3,300 homes throughout 35 communities since 1982.
The acquisition gives customers buying from Brookfield a wider range of products from starter homes through to the estate market. Brookfield has been a leader in Alberta in building affordable homes (under $500,000).
“ALBI provides great opportunities for us to keep our customers for life, whether it’s their first home or moving up. ALBI will bring best practice experience to high-end luxury buyers that can be transferred to all our customers. Its experience we don’t currently have in house and complements our existing operations.” said Trent Edwards, Chief Operating Officer, Brookfield Residential in Alberta. Mr. Edwards made the announcement today in Riverstone of Cranston one of the 61 communities Brookfield has built in Calgary over the past 58 years.
“What’s exciting about this acquisition is that despite the challenging economic times, it re-affirms Alberta is a place to do business. We are very excited for what the future holds for both companies now aligned. Allan Klassen, President and Managing Partner at ALBI Homes.
“Brookfield Residential has a great reputation. It’s a dynamic company committed to the same values, culture, innovative excellence and exceptional quality that we have built since 1982 and have become known for.” said Tom Mauro, the founder of ALBI.
In honor of Mr. Mauro and his wife Debra’s long time commitment to Calgary, Brookfield Residential announced the creation of five new student scholarships that are valued in total at $100,000.