Devmont

About Devmont

Devmont is a real estate operator headquartered in Montreal Québec. Devmont operates in Montreal, Quebec, Canada. Its investment focus is on Condominiums, Hospitality and Industrial.

Devmont is a Montreal‑based real estate developer founded in 1999 by brothers Sam and Joe Scalia. The firm operates with a core team of 11–50 employees and has over 25 years of development experience. Their portfolio spans approximately 700 condominiums in Rouge Condominiums (six phases delivered between 2010–2017), 292 units in Côté Ouest (2008–2009), and major mixed-use towers—most notably Westbury Montréal, which includes over 1,100 condos, rental apartments, 290‑room Hilton hotels, plus 160,000 ft² of offices and 35,000 ft² of retail. Currently they have about 500 apartments under construction and 1,400 in planning across Montreal’s east end, Pointe‑Claire, and Ottawa. The company is expanding into industrial development with a 141,000 ft² warehouse near Trudeau Airport targeting LEED Silver. Its focus encompasses residential condominium, rental multifamily, mixed‑use (condo/commercial/hotel), and now light industrial projects.

Principals at Devmont

Recent activity at Devmont

No recent signals captured for Devmont yet. Set up a Signals alert to be notified when fund closes, leadership changes, or new developments surface in the trade press.