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Menkes Leadership: A Multigenerational Business

Menkes Developments Ltd. is a family-operated business with deep roots in the city of Toronto. The Company was established nearly 70 years ago by Murray Menkes, an entrepreneur, visionary and successful businessman, who initially wanted his business to be focused on building single-family homes that delivered outstanding quality and lasting value. Over the years, Menkes grew to creating entire mixed-use communities, becoming a fully integrated, multi-disciplinary real estate development company.

Today, carrying on the legacy of their late father, Menkes is led by Murray’s three sons Alan, Steven and Peter, and his grandsons Jared, Jason, Adam and Sean, who not only oversee the execution of the Company’s vast portfolio, but share a common commitment to shape the landscape of Toronto.

ALAN MENKES

President, High-Rise Residential
Alan joined the Company in 1976. Under his leadership, Menkes has completed over 40,000 condominium units and is highly regarded today as one of the most trusted home builders in Toronto.

Alan has spearheaded a number of high-profile projects, including Harbour Plaza Residences in Toronto’s South Core, Four Seasons Hotel & Private Residences in Yorkville, and the landmark Empress Walk retail-entertainment-residential complex in North York City Centre.

Currently, he is overseeing the development of 15,000 condominium units across Toronto, including Sugar Wharf, an 11.5-acre vibrant community on Toronto’s Waterfront, which will include five condominium towers, and Festival in Vaughan which will encompass 20 condominium towers across 75 acres in Vaughan Metropolitan Centre (VMC), one of Canada’s largest new master-planned communities.

Alan was named 2003 Entrepreneur of the Year in Ontario by Ernst &Young. He serves on the Board of the University Health Network Foundation and is a member of the World Presidents Organization (WPO).
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ALAN MENKES

President, High-Rise Residential

Alan joined the Company in 1976. Under his leadership, Menkes has completed over 40,000 condominium units and is highly regarded today as one of the most trusted home builders in Toronto.

Alan has spearheaded a number of high-profile projects, including Harbour Plaza Residences in Toronto’s South Core, Four Seasons Hotel & Private Residences in Yorkville, and the landmark Empress Walk retail-entertainment-residential complex in North York City Centre.

Currently, he is overseeing the development of 15,000 condominium units across Toronto, including Sugar Wharf, an 11.5-acre vibrant community on Toronto’s Waterfront, which will include five condominium towers, and Festival in Vaughan which will encompass 20 condominium towers across 75 acres in Vaughan Metropolitan Centre (VMC), one of Canada’s largest new master-planned communities.

Alan was named 2003 Entrepreneur of the Year in Ontario by Ernst &Young. He serves on the Board of the University Health Network Foundation and is a member of the World Presidents Organization (WPO).

STEVEN MENKES

President, Low-Rise Residential
Steven joined the Company in 1982, and today heads the Low-Rise Residential Division and oversees the Finance and Accounting functions. Under his leadership, the Low- Rise Division has developed over 10,000 homes in single family residential communities throughout the GTA including Somerset in Ajax, Walker Farm Estates in Newmarket and Millstone on the Park in Oakville.

Steven has financed many different types of real estate development and has extensive experience in complex real estate financing transactions.

Currently he is overseeing the development of several new communities across the GTA including: Lake & Town in Etobicoke, Winchester Estates in Oshawa; Mobilio in Vaughan; and a luxury development in Joshua Creek Oakville, which includes 48 single-family homes. He is also leading the development of NY Walk, an exciting upcoming community that will feature executive luxury townhomes in the North York.

Steven holds an Honours Bachelor of Science degree with majors in Finance and Accounting from Boston College.

He is supportive of several charitable institutions including the Juvenile Diabetes Research Foundation.
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STEVEN MENKES

President, Low-Rise Residential

Steven joined the Company in 1982, and today heads the Low-Rise Residential Division and oversees the Finance and Accounting functions. Under his leadership, the Low- Rise Division has developed over 10,000 homes in single family residential communities throughout the GTA including Somerset in Ajax, Walker Farm Estates in Newmarket and Millstone on the Park in Oakville.

Steven has financed many different types of real estate development and has extensive experience in complex real estate financing transactions.

Currently he is overseeing the development of several new communities across the GTA including: Lake & Town in Etobicoke, Winchester Estates in Oshawa; Mobilio in Vaughan; and a luxury development in Joshua Creek Oakville, which includes 48 single-family homes. He is also leading the development of NY Walk, an exciting upcoming community that will feature executive luxury townhomes in the North York.

Steven holds an Honours Bachelor of Science degree with majors in Finance and Accounting from Boston College.

He is supportive of several charitable institutions including the Juvenile Diabetes Research Foundation.

PETER MENKES

President, Commercial/Industrial
Peter joined the Company in 1982. Under Peter’s leadership, Menkes has developed and managed over 20 million square feet of office, industrial and retail space across the GTA.

Peter has led the development 4.4 million square feet of commercial class A office space including landmark buildings One York Street LEED® Platinum office tower (Sun Life Financial Tower), 25 York Street (Telus house), Procter & Gamble building, and Empress Walk Retail Entertainment Centre.

Under Peter's leadership the Company recently delivered 1.4 million square feet of new Class AAA office space, including the Waterfront Innovation Centre, a cutting-edge 400,000 square foot plus complex.

Peter is an active member of real estate industry associations including RealPac and NAIOP. He takes a keen interest in community affairs and has been involved in a number of organizations, including the Board of North York Hospital Foundation, the Board of Governors of the Technion University in Israel, the Chair of the Bathurst JCC Development Committee and is currently a Trustee of the University Health Network (UHN).
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PETER MENKES

President, Commercial/Industrial

Peter joined the Company in 1982. Under Peter’s leadership, Menkes has developed and managed over 20 million square feet of office, industrial and retail space across the GTA.

Peter has led the development 4.4 million square feet of commercial class A office space including landmark buildings One York Street LEED® Platinum office tower (Sun Life Financial Tower), 25 York Street (Telus house), Procter & Gamble building, and Empress Walk Retail Entertainment Centre.

Under Peter's leadership the Company recently delivered 1.4 million square feet of new Class AAA office space, including the Waterfront Innovation Centre, a cutting-edge 400,000 square foot plus complex.

Peter is an active member of real estate industry associations including RealPac and NAIOP. He takes a keen interest in community affairs and has been involved in a number of organizations, including the Board of North York Hospital Foundation, the Board of Governors of the Technion University in Israel, the Chair of the Bathurst JCC Development Committee and is currently a Trustee of the University Health Network (UHN).

JARED MENKES

Executive Vice-President, High-Rise Residential
Jared joined the Company in 2008. He oversees all aspects of the High Rise Division including the development, marketing, sales, construction and customer service of more than 20,000 condominium units across the Greater Toronto Area.

Under Jared’s leadership, Menkes has twice been named Canada’s top selling builder and launched a number of luxury and mixed-use developments, including Pears on the Avenue and the award-winning Harbour Plaza Residences in Toronto’s South Core.

He is currently overseeing the development of Sugar Wharf Residences, one of the country’s top-selling condominium projects and part of an 11.5-acre mixed-use property on Toronto’s Waterfront, which will include five condominium towers, two rental buildings, 300,000 SF of retail and 690,000 SF of office, a day care and Toronto’s first vertically integrated school. Jared is also leading the redevelopment of a mixed-use city centre within one of Canada’s largest new master-planned communities in Vaughan Metropolitan Centre (VMC). These projects combined known as Festival and Mobilio, will encompass 17 acres of parkland and over 20 condominium towers across 75 acres, serving a future population of more than 23,000 residents.

In addition to leading the Company’s High Rise Division, he also oversees Menkes Condo Rentals and Menres Property Management, a company responsible for the management of condominium projects and is wholly owned by Menkes but separately operated.
READ FULL BIO

JARED MENKES

Executive Vice-President, High-Rise Residential

Jared joined the Company in 2008. He oversees all aspects of the High Rise Division including the development, marketing, sales, construction and customer service of more than 20,000 condominium units across the Greater Toronto Area.

Under Jared’s leadership, Menkes has twice been named Canada’s top selling builder and launched a number of luxury and mixed-use developments, including Pears on the Avenue and the award-winning Harbour Plaza Residences in Toronto’s South Core.

He is currently overseeing the development of Sugar Wharf Residences, one of the country’s top-selling condominium projects and part of an 11.5-acre mixed-use property on Toronto’s Waterfront, which will include five condominium towers, two rental buildings, 300,000 SF of retail and 690,000 SF of office, a day care and Toronto’s first vertically integrated school. Jared is also leading the redevelopment of a mixed-use city centre within one of Canada’s largest new master-planned communities in Vaughan Metropolitan Centre (VMC). These projects combined known as Festival and Mobilio, will encompass 17 acres of parkland and over 20 condominium towers across 75 acres, serving a future population of more than 23,000 residents.

In addition to leading the Company’s High Rise Division, he also oversees Menkes Condo Rentals and Menres Property Management, a company responsible for the management of condominium projects and is wholly owned by Menkes but separately operated.

ADAM MENKES

Vice-President, Low-Rise Residential
Adam joined the Company in 2012. He oversees the Low-Rise Division including the acquisition, planning and development, design, sales and marketing of communities such as Lake & Town in Etobicoke and Winchester Estates in Oshawa, which includes towns and single-detached homes.

Currently he is managing the development of a number of exciting upcoming communities including: Glen Ashton Estates in Oakville, which includes 48 luxury homes; Mobilio in Vaughan which includes 397 townhomes; and NY Walk which will feature 34 luxury townhomes in North York.

He is a member of several local homebuilders’ associations and is an editorial contributor in various industry publications.
READ FULL BIO

ADAM MENKES

Vice-President, Low-Rise Residential

Adam joined the Company in 2012. He oversees the Low-Rise Division including the acquisition, planning and development, design, sales and marketing of communities such as Lake & Town in Etobicoke and Winchester Estates in Oshawa, which includes towns and single-detached homes.

Currently he is managing the development of a number of exciting upcoming communities including: Glen Ashton Estates in Oakville, which includes 48 luxury homes; Mobilio in Vaughan which includes 397 townhomes; and NY Walk which will feature 34 luxury townhomes in North York.

He is a member of several local homebuilders’ associations and is an editorial contributor in various industry publications.

JASON MENKES

Executive Vice President, Commercial/Industrial
Jason joined the company in 2010. He manages a portfolio of over 13 million square feet of industrial, office and retail space across the Greater Toronto Area, overseeing its leasing, asset management and property management. He is also responsible for growing the Company’s industrial portfolio through both existing asset acquisitions along with land development and construction. He also leads the Company’s solar energy initiative, having installed solar rooftop installations on many of the Company’s industrial buildings, amassing the largest privately-owned rooftop solar portfolio in the GTA.


Having recently overseen the acquisition, construction and stabilization of over one million square feet of new industrial space in Milton & Caledon, Jason is currently managing the development of an additional 750,000 square feet of industrial properties across Milton, Burlington and Whitby, Ontario.


Jason graduated from the Whitman School of Management at Syracuse University in 2006. He is an active member of the National Association of Industrial and Office Properties (NAIOP) and the Society of Industrial and Office Realtors (SIOR).
READ FULL BIO

JASON MENKES

Executive Vice President, Commercial/Industrial

Jason joined the company in 2010. He manages a portfolio of over 13 million square feet of industrial, office and retail space across the Greater Toronto Area, overseeing its leasing, asset management and property management. He is also responsible for growing the Company’s industrial portfolio through both existing asset acquisitions along with land development and construction. He also leads the Company’s solar energy initiative, having installed solar rooftop installations on many of the Company’s industrial buildings, amassing the largest privately-owned rooftop solar portfolio in the GTA.


Having recently overseen the acquisition, construction and stabilization of over one million square feet of new industrial space in Milton & Caledon, Jason is currently managing the development of an additional 750,000 square feet of industrial properties across Milton, Burlington and Whitby, Ontario.


Jason graduated from the Whitman School of Management at Syracuse University in 2006. He is an active member of the National Association of Industrial and Office Properties (NAIOP) and the Society of Industrial and Office Realtors (SIOR).

SEAN MENKES

Vice President, Office/Retail
Sean joined the company in 2014. He manages a portfolio of 4.5 million square feet of office and retail space in Toronto, including new office and mixed-use developments.

His recently completed projects include two new state of the art office buildings, 100 Queens Quay East and the Waterfront Innovation Centre, as well as the renovation of 320 Bay Street.

Sean holds a Bachelor of Science in Business Administration from Georgetown University and a Master of Science in Real Estate Development from Columbia University. He is currently a member of NAIOP and sits on the Greater Toronto Chapter’s Developing Leaders Committee.
READ FULL BIO

SEAN MENKES

Vice President, Office/Retail

Sean joined the company in 2014. He manages a portfolio of 4.5 million square feet of office and retail space in Toronto, including new office and mixed-use developments.

His recently completed projects include two new state of the art office buildings, 100 Queens Quay East and the Waterfront Innovation Centre, as well as the renovation of 320 Bay Street.

Sean holds a Bachelor of Science in Business Administration from Georgetown University and a Master of Science in Real Estate Development from Columbia University. He is currently a member of NAIOP and sits on the Greater Toronto Chapter’s Developing Leaders Committee.