ahb image

Creating Real Estate That Works

The Anthem 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.

2025

Epoch 6 · 2025–Onwards

Best in Class

Best in Class

With a solid foundation built on The Anthem Way, a team of top tier talent and the experience of five previous epochs, each marked by resilience, ambition and evolution, Anthem is embarking on its next chapter of growth, a commitment to continuous improvement in service of becoming Best in Class. Where growth is both quantitative and qualitative, and the Anthem experience is held to a higher standard across every part of the business.​

2016

Epoch 5 · 2016–2024

Matrix Organization

Matrix Organization

Spurred on by the acquisition of United Communities, GBD Communities and Premier United Communities in 2014, Anthem continued to expand the scale and scope of its operations integrating under Anthem and Anthem United. As one Anthem, the team grew to over 850 and continued to leverage its integrated matrix organization structure, expanding its business in the United States, Alberta and into Eastern Canada.

2004

Epoch 4 · 2004–2015

Organizationally Driven

Organizationally Driven

The move back to a private company quickly began paying dividends, with all new business pursued in conjunction with project-specific financing. A number of important projects were undertaken, including Anthem’s first high-rise residential—a key asset class for the future of the company. A shift to an organizationally driven team model, relying on culture and systems to scale the business, proved to be another strong directional move for the company. Weathering the storm of the global financial crisis, Anthem continued to grow its team to 175 and expand its portfolio of projects.

1998

Epoch 3 · 1998–2003

Going Public

Going Public

In March of 1998, Anthem was listed on the Toronto Stock Exchange at a market cap of $100 million. Financial strategy shifted from partnering on individual projects to relying on a public shareholder base. This proved not to be in the best interests of the company, given the vagaries and uncertainties of the stock market. Decisive action was taken, divesting the multi-family model and returning to a private model in May of 2004. The company grew from 45 to 100 people.

1994

Epoch 2 · 1994–1997

Kicking Ass

Kicking Ass

The company began to hit its stride as the organization developed and more people joined the team. Its reach expanded to new markets in Colorado, Arizona, Texas, Louisiana, California and Georgia in the United States, as well as farther afield on Canadian soil in Alberta and Ontario. Expanded directions included office, retail and residential home building. The team grew to 45 people.

1991

Epoch 1 · 1991–1993

A Boy and His Dog

A Boy and
His Dog

In the early 1990s, Eric Carlson founded what is now called Anthem. Armed with a few dollars in his pocket, big dreams and a few investors who believed in his vision, the initial focus was multi-family residential and land acquisitions. In the first three years, he slowly grew the company from start-up mode to a team of 15 people and a portfolio of 10 projects.