The Anthem United story is one of striving— of picking a direction and pursuing it, of seeing an opportunity and seizing it, of hitting an obstacle and solving it, of observing a market change and evolving with it.
United Communities traces its roots back to the 1930s when the renowned Bella Singer began investing in rental properties. Her son Jack joined her, and in 1934 they formed United Management in partnership with Jack’s cousin, Avrum Belzberg.
By the 1970’s United had acquired and developed an extensive portfolio of office buildings, shopping centres, hotels, townhouses and apartments and Jack acquired the Belzberg family’s interest in United. The Singer family’s acquisitions also included Hollywood Centre Studios in Los Angeles, home to many major motion pictures and television shows.
In the 1980’s United Management entered the residential land development business in Alberta and grew its market share. United also continued to develop retail and multi-family projects and began building seniors’ assisted living complexes. But as United’s land development business grew, the company divested itself of its income property portfolio and phased out of multi-family development to concentrate exclusively on land development. In the 1990’s United rebranded itself as United Communities.
In 1998 United issued an IPO and became a publicly traded company on the TSX with the Singer family retaining majority ownership. Four years later the management group led by Don Douglas bought the company and United again became private. In 2005, it established Granite Bay Development Communities in Sacramento and acquired more than 1,000 acres of land for residential development. In 2011 Premier United Communities was created as a single family home building division in Sacramento.
In 2014, Vancouver-based Anthem acquired United as a vehicle to re-enter land development and expand its presence. Under the Anthem banner and the leadership of Eric Carlson, United Communities is now Anthem United, and is continuing to develop innovative communities in its principal markets. Anthem and Anthem United have a combined team of 300 people, $5 billion in combined project value to date, a portfolio of more than 10,000 homes in various stages of development, 4.2 million square feet of commercial property and over 5,000 acres of land for future development.