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Frank Lonardelli headshot

How this serial entrepreneur amassed $1 billion dollars in commercial real estate development assets

Mario Toneguzzi |

Frank Lonardelli is a “serial entrepreneur” who has been investing and developing Real Estate since he was 25 years old and built and sold two of his former companies to public entities by age 35.

Since launching ASI as his full-time focus in 2012, the company has amassed over $1 billion dollars in commercial real estate development assets and has attracted dozens of articles written about its successful strategy and projects from both regional and nationally recognized business and industry publications.

ASI owns some of the most high-profile development sites on and around Calgary’s 17th avenue corridor. ASI’s focus is the development of “Live, Work and Play” projects within these urban areas.

Committed to innovation, strategic thinking, transparency, accountability and performance, ASI has become a respected and sought-after real estate company. Winning multiple awards including the PCMA Commercial Real Estate Deal of the Year, Frank has also been recognized as one of Alberta’s 2016 Business Leaders of the Year and was recently named as an EY 2016 Entrepreneur of the Year Finalist.

ASI creates projects which generate significantly higher returns than traditional Real Estate investment options. The company exclusively raises private equity from their growing list of accredited investors, family offices and institutional investment houses.

Frank’s proudest achievement to date is the launch of the Arlington Street Foundation Scholarship Program in 2009. He intends to expand the program nationally within the next 5 years.

Frank is a graduate of the University of Winnipeg with a major in Political Sciences and has completed the Executive Master’s Program through the Sloan School of Management.

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