TAS uses real estate as a tool to drive profit and purpose.
We are tackling climate change, broadening affordability, and fostering social connection to create neighbourhoods – and ultimately cities – where people thrive and belong.
We champion conversation and collaboration to push the boundaries of innovation and explore what is possible.
We are an industry leader in impact-driven ground-up development and asset management.
We manage a best-in-class private equity platform focused on the belief that profit is foundational, but not the only goal.
By The Numbers
5M sq ft
Active development pipeline and portfolio under management.
10
Projects operating or in various stages of development in the Greater Toronto Area.
$415M
Capital committed in TAS investment vehicles.
$1B
Value of assets TAS has entitled, developed and completed.
Evolution & Legacy
1980s
As new immigrants to Canada, Babak and Tooran Mortazavi founded TAS because they saw custom home building as a powerful tool that could help families thrive.
1990s
During its first 20 years of operations, TAS delivered over 120 homes to families in neighborhoods across Toronto. The firm was recognized and celebrated as an industry leader for its focus on quality, livability, and design in every detail.
2000s
Mazyar Mortazavi joined his parents at the leadership table, TAS entered Toronto’s emerging condominium market and started delivering ground-up mixed-use development projects.
2010s
TAS launched its private equity platform and started attracting a diverse range of partners seeking to align their capital and expertise with purpose.
Now
Our diverse team of professionals are using real estate as a tool to deliver impact with and for communities.
*All numbers are as of Fall 2025.