#MYBELMONT

#MYBELMONT Ledcor Property Investments is the development arm of Ledcor Group, an employee-owned and family-run construction company with a history dating back to 1947. Over their many decades in business, Ledcor has consistently grown and diversified. In 1997, they started silently investing in real estate developments with partners in the United States and Canada. Years later, when the recession hit, many of those partners became insolvent, and their projects ran into trouble. Ledcor was able to take over some, and that opportunity led to a “paradigm shift,” according to Ian Asselstine. “It gave us the opportunity to shift our focus,” he recalls. “We were able to become development-minded.” Ledcor started putting themselves in the developer’s role starting in 2008. Their first project was in Austin, Texas, People are the priority

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