Industrial Real Estate Delivered

Forager maintains precision focus on industrial real estate while targeting well-located land development and value-add investment opportunities

Our Focus

Forager is a highly specialized private equity real estate developer, investor, operator, and manager of industrial assets across Canada and the United States

Where we look

GROUND UP INVESTMENT

Well-located sites in land constrained markets.
 

VALUE-ADD INVESTMENT

High-growth markets with barriers to new supply
 

What we buy

GROUND UP INVESTMENT

High-quality, zoned infill development and redevelopment sites.

VALUE-ADD INVESTMENT

Mismanaged shallow-bay industrial at below replacement cost

How we create value

GROUND UP INVESTMENT

Experience and expertise from start to finish.
 

VALUE-ADD INVESTMENT

Repositioning through in-house asset management and operational capabilities
8
Projects
since inception in 2019
3
Exits
anticipated by year end 2024
25.6%
WAVG IRR
Of projects to be exited by Q4 2024; net of performance fees
$408M
Gross Project Value
Based on realized and underwritten gross exit value of all Forager projects since inception, in CAD $0s; All funds audited anually
891K
Square Feet
Developed/Acquired since Forager’s inception

Our Approach

With a robust background in private equity, brokerage, development, and commercial property operations, we provide exceptional leadership and guidance to clients across these areas, while delivering innovative solutions tailored to meet the unique needs of each client.

Opportunistic Investment

Value-add investment and ground-up industrial development opportunities

Proactive Management

Value-add investment and ground-up industrial development opportunities

Capital Preservation

Value-add investment and ground-up industrial development opportunities

Flexible Programming

Value-add investment and ground-up industrial development opportunities

Investments

Who We Are

With a robust background in private equity, brokerage, development, and commercial property operations, we provide exceptional leadership and guidance to clients across these areas, while delivering innovative solutions tailored to meet the unique needs of each client.

Conor McBroom

President and Founder

Conor has 15 years of experience on the principal side of the commercial real estate business having worked with several notable developers, asset managers and private equity investors. Over the course of his career, he has had senior-level involvement in the origination, underwriting and asset management of several billion dollars of real property—including core, value-add and development projects—across all major property classes. He has cultivated extensive relationships across key facets of the industry including debt and equity capital markets, and brokerage. Conor holds a Bachelor’s degree from McGill University in Montreal, Quebec.

Myles Kenny

Vice President, Investments
Myles has 10 years of experience in the commercial real estate industry, previously serving as Senior Partner of Colliers Private Capital Investment Group. During that time Myles worked with multiple notable developers and private investors, advising on the disposition and value enhancement strategies for their assets across the Greater Toronto Area. Over his career Myles and his team have sold over $2 Billion of real estate assets and has been awarded TOP 6 under 6, and in 2021 the Award of Excellence for Top Producer in Canada. Myles holds a Bacehlor’s degree from Wilfred Laurier University in Waterloo, and recently completed the Commercial Real Estate course from Cornell University.

Ryan Whiting

Vice President, Development
Ryan has gained extensive knowledge of the construction industry working as a project manager for over 10 years. Through this time, he has focused primarily on commercial and institutional projects, building and renovating countless properties on behalf of blue chip developer and owner-operator clients. Ryan is involved in all facets of Forager’s development and pre-development activities, including property underwriting, development approvals, project tendering, and construction. He also oversees the firm’s external consultants and delivery teams to ensure developments are set up for success prior to breaking ground. Ryan holds a Diploma in Construction Engineering from George Brown College.
Conor McBroom
President and Founder
Myles Kenny
Vice President, Investments
Ryan Whiting
Vice President, Development