Artificial Intelligence
Builders Company
Developers/RNDSQR
R
RNDSQRCalgary, Canada · founded 2015 · 1 active markets
PRIVATE
www.rndsqr.ca

RNDSQR develops ground-oriented homes, townhomes, apartments, condominiums, and mixed-use buildings in established inner-city neighbourhoods in Calgary and Winnipeg, combining affordable, modern design with retail, commercial, and community spaces for families, homeowners, renters, and local businesses seeking connected urban living options.

Years in business
11
founded 2015
LinkedIn headcount
9
employees, as shown on LinkedIn · size band 11–50
Units delivered
nearly 200 gentle-density homes and over 300 apartment units
as the company states it
Projects last researched October 11, 2026
Every figure on this card was read out of a document.

Overview

Investor tear sheet

a summary of the tabs that follow · no rating of our own

Company dossier

Legal name
Rndsqr Ltd1
Headquarters
202 - 1680 40 Avenue SW1, Calgary1, Canada
Founded
20151
Entity type
PRIVATE1
Business model
offplan for sale1, build to rent1, commercial1, mixed use1
Markets
1 market listed
What they build
Residential, for rent (8 of 10) · Retail (3 of 10) · Mixed use (3 of 10)
Full dossier in About →

Delivery record

7 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+4.0 mo
the middle of 7 scored projects
Average delay
+10.1 mo
the same projects, pulled by the worst
Average time to deliver
3.5 yrs
start to completion, over 5 delivered projects
Worst slip
+34.0 mo
The Bend · +33.0 to +35.0
4
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
2
red rows below

Against other developers

7 date-assessed here · 49 developers, 236 date-assessed projects in Canada
Median delay
RNDSQR·49 developers in Canada
+4.0 mo vs +8.0 mo
this developer 4.0 mo better
The typical project on each side.
Average delay
RNDSQR·49 developers in Canada
+10.1 mo vs +12.6 mo
this developer 2.5 mo better
Both pulled by their worst few.
On time
RNDSQR·49 developers in Canada
57% vs 44%
this developer 13 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
RNDSQR·49 developers in Canada
3.5 yrs vs 4.1 yrs
this developer 0.6 yrs faster
Start to completion, over 5 delivered here and 180 in the market.
Projects and timelines in Track Record →

Resident experience

2 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
5.8/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (2 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
4.7/ 10
Fabric, services, waterproofing, envelope · from 2 of 2 rated buildings
Management & living
5.4/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Canada yet to compare against.
Ratings by building →

Awards & recognition

  • PROJECT AWARD Winner November 2022
    Mayor’s Urban Design Award — Housing Innovation · Peaks + Plains
    Peaks + Plains, identified as a project by developer RNDSQR, won the Housing Innovation award for its missing-middle townhome development in Altadore.
  • PROJECT AWARD Winner November 29, 2019
    Canadian Architect Award of Merit · IW09 (RNDSQR Block)
    IW09, whose client is identified as RNDSQR, received a 2019 Canadian Architect Award of Merit in the design-development stage.
  • COMPANY AWARD Winner April 13, 2019 (reported April 18, 2019)
    Multi-Family Builder of the Year — Small Volume
    The developer reports that RNDSQR won the BILD Calgary Region Multi-Family Builder of the Year award for Small Volume at the 2018 awards.
  • 3 more in Awards
All awards →

Risks & source coverage

  • PROJECT CANCELLED Late December 2022; reported February 27, 2023 (updated March 1, 2023) Mosaic Village, a planned 24-unit co-housing project for which the group had hired RNDSQR and obtained a development permit, was shut down in late December 2022 after the group could not secure sufficient commitments and the project became too expensive; RNDSQR co-founder Alkarim Devani said the project was not moving forward, and the organizers were considering how to return remaining funds.
  • PROJECT CANCELLED September 4, 2019 RNDSQR changed Courtyard 33 from a planned ownership-oriented project to a rental building; the company said prior buyers' deposits had been returned and they would no longer own units in CY33, while the company gave only an anticipated early-2021 rental-readiness date with a flexible timeline.
  • DELIVERY DELAY City update March 2025; original construction/opening commitment 2023/2024, later timeline Q2 2025 Inglewood Station, a Calgary mixed-use fire-station development for which RNDSQR Ltd. was the City’s development partner, is on hold after the parties failed to agree on land-sale conditions; the City says the alternative delivery approach will delay the project and construction originally targeted for Q2 2025 remains TBD.
  • 2 more in Risk & Sources
Record status
active
Company sources
94 source entries across 94 fields
Projects tracked
10 · 10 completed in assessment
All flags and sources →

Track Record

Delivery record

7 date-assessed of 10 projects
Unverified by developer

AI-researched delivery record, not yet confirmed by the developer. Dates may be approximate; original sources are linked.

Completed projects from 2016-10-15 through 2026-10-15, with sufficient delivery-date evidence. Date assessment and developer profile verification do not mean an independent audit of every source. Original source links and available snippets are provided. May not represent the developer’s full portfolio. 0 undated and 0 boundary-uncertain completions are excluded. Delivery exceptions are listed separately under Projects.
Completed projects assessed
10
within the rolling ten-year window
Median delay
+4.0 mo
the middle of 7 scored projects
Average delay
+10.1 mo
the same projects, pulled by the worst
Average time to deliver
3.5 yrs
start to completion, over 5 delivered projects
Worst slip
+34.0 mo
The Bend · +33.0 to +35.0
4
early or less than 6 months late
6 to 12 months late
1
yellow rows below
Over 12 months late
2
red rows below

Against other developers

7 date-assessed here · 49 developers, 236 date-assessed projects in Canada
Median delay
RNDSQR·49 developers in Canada
+4.0 mo vs +8.0 mo
this developer 4.0 mo better
The typical project on each side.
Average delay
RNDSQR·49 developers in Canada
+10.1 mo vs +12.6 mo
this developer 2.5 mo better
Both pulled by their worst few.
On time
RNDSQR·49 developers in Canada
57% vs 44%
this developer 13 pts better
Share of date-assessed projects delivered early or less than 6 months after the original target. Exactly 6 months late is excluded.
Average time to deliver
RNDSQR·49 developers in Canada
3.5 yrs vs 4.1 yrs
this developer 0.6 yrs faster
Start to completion, over 5 delivered here and 180 in the market.
The market here is Canada: every other developer whose head office is in the same country, because planning regimes and reporting norms move together within one. It is not a city, a sector or a size band. Read the two delay figures together. A median close to the market with a much better average means no single disaster; the reverse means one project is carrying the record. Time to deliver runs from the earliest start we hold to the completion itself — a construction start where a source gave one, otherwise a sales launch, otherwise the launch year read as its January. A handover the sources place only inside a year is read as that December, so a duration is the widest the record allows rather than the flattering end of it. Only delivered projects dated at both ends count, so it is taken over fewer projects than the delay figures, and a long build is not a fault: a tower is not a villa run. Sourced figures only, both sides, and values taken from documents held on file are excluded here — a developer who shares their records should not score better than one who does not.

Construction start to handover

10 of 10 projects dated · 2 places
Based on covered projects with documented construction or launch dates and available handover dates. Timelines vary by project and may not represent the developer’s full portfolio.
Construction start, or the launchTarget completion (window)Completion or handover, as reportedCurrently statedLaunch year only, no date publishedEarly or ≤6 mo lateOver 6–12 mo lateOver 12 mo lateStalled
Winnipeg, Canada
Calgary, Canada
2018201920202021202220232024202520262027todayWINNIPEG, CANADA+34 moverifiedCALGARY, CANADA+26 moverifiedon timeverified+4 moverified−4 moverified−0.5 moverified+11.5 moverifiedcompleted, no target publishedcompleted, no target publishedcompleted, no target published
Click a row in the chart to open a project, or a table row below to see its sources. The chart runs wider than the page where the record spans many years — scroll it sideways to follow a project to its handover. Every date we have is drawn. A hollow marker is only a launch year, not a date anyone published. No dates published means we looked and found none; dates not yet checked means we have not looked yet. Handing over is not finished — rows say which. A delay is shown when one source gives the promised date and another gives the real one, however rough: "2019" still counts, and the row shows how wide that is. Projects missing one of the two dates, or with sources that disagree, are left out of the figures.

Building & Livability Ratings

Resident experience

2 of 10 buildings rated · scale 1–10

AI research over published reviews and resident comments. Scores are a model’s reading of opinion, not figures stated on a page, and nothing here feeds any number above it. The links under each block are the pages that research says it used. Based on available resident reviews of covered buildings. These are reported experiences, not independent building inspections, and may not represent all residents or properties.

Overall verdict
5.8/ 10
Weighted judgment across build and operations · from 2 of 2 rated buildings
Little structure evidence (2 of 2 buildings) — this rests mainly on whole-building and living reviews.
Structure & systems
4.7/ 10
Fabric, services, waterproofing, envelope · from 2 of 2 rated buildings
Management & living
5.4/ 10
Upkeep, response times, amenities, community · from 2 of 2 rated buildings

Against other developers

not enough rated buildings yet
Not enough rated buildings in Canada yet to compare against.

By building

2 rated · 8 not rated · scale 1–10
ProjectOverallStructure & systemsManagement & living
Peaks + PlainsAltadore, Calgary20 units
7.2/ 10
6.1/ 10
RentCafe 3.5/5 · 4 reviews · rentcafe.com
RentCafe publishes 3.5/5 from 4 reviews. Adjusted for where resident ratings usually fall, and weighted toward the 6.5 midpoint (more strongly the fewer the reviews), that gives 6.1.
7.1/ 10
RentCafe 4/5, 4/5, 4/5, 5/5, 4.5/5 · 4 reviews · rentcafe.com
Combined from 5 published figures on 1 platform, weighted by review count, adjusted for where resident ratings usually fall and weighted toward the 6.5 midpoint where reviews are few: 7.1.

RentCafe’s building-specific resident aggregate of 4.0/5 from four reviews sets the anchor at 7.0/10 under the stated conversion curve; because the review base is under ten, the score remains within one point of 6.5. The 3.5/5 maintenance sub-score supports a lower structure indication, while the mostly favourable written feedback and no qualifying recurring or severe failure produce no further adjustment.

rentcafe.compoint2homes.comrndsqr.cacalgaryherald.com
+ Responsive management+ Strong location+ Positive resident tone+ Good noise rating
− Outside grounds maintenance− Maintenance score below other sub-scores

The only published physical-condition indicator located is RentCafe’s maintenance sub-score of 3.5/5. The written reviews did not report leaks, flooding, lift failures, HVAC problems, plumbing failures or other serious structural or systems defects.

rentcafe.com

Resident feedback is mostly positive: one resident wrote “Great place so far, justn moved in but very nice,” another said the rental board was “Pleasant” and willing to work with them, and another called the location “amazing.” The principal operational criticism was that landlords “could do better with outside maintenance of the grounds,” while RentCafe published 4.0/5 for staff, 4.0/5 for amenities, 5.0/5 for location and 4.5/5 for noise.

rentcafe.compoint2homes.com
Courtyard 33Marda Loop, Calgary63 units
4.3/ 10
3.2/ 10
3.7/ 10

The building-level Google aggregate of 3.1/5 from 21 reviews sets the anchor, converted to approximately 4.2/10 under the stated curve. Serious reported elevator and security problems and recurring management/maintenance complaints move the result down, while repeated praise for the newer management team prevents a further reduction. The evidence is mixed and time-sensitive: the strongest positive comments are from 2025, while several serious complaints date from 2022–2024.

exa.aiapartments.comeverydaytourist.carndsqr.ca
+ Functional unit layouts+ Double-glazed windows+ In-suite controlled air-conditioning+ Keypad door locks
− Persistent HVAC squeal− Reported elevator malfunction and drop− Reported design/workmanship issues
+ Recent management responsiveness+ Cleanliness+ Helpful property manager+ Functional layouts+ Walkable location
− Earlier slow communication− Reported security breaches− Broken garage doors− Unfriendly resident events− Management changes and inconsistency

Resident feedback includes a serious elevator complaint: “It has also dropped while I’ve been in it,” with the reviewer saying the issue remained unresolved. Another resident reported HVAC noise “like a high pitch tea kettle non stop the entire time” despite numerous complaints; a separate review cited design and workmanship issues. The developer describes double-glazed windows and controlled air-conditioning, but those are specifications rather than independent condition ratings.

exa.airndsqr.ca

Daily-life feedback is mixed and appears time-dependent. Recent reviews say the new manager is “quick with responding and handling everything” and describe the property as “nice and clean,” while earlier reviews report that management took days to respond and weeks to arrange maintenance, including “Extremely bad security” and repeated garage-door failures. The location and layouts receive praise, with one resident calling the experience great overall and noting nearby shops, groceries and transit.

exa.aiapartments.com
Only buildings that have reached handover are rated. 8 of 10 projects carry no rating: a building still under construction is never asked about, one that has just been handed over may not have been reached yet, and the rest were asked about and no published resident commentary was found. Structure is fixed at handover and stays the developer's; management and living belongs to whoever runs the building now. The overall verdict weights both rather than averaging them. None of this is checked: a rating is what people published about a building, aggregated — it is not evidence, it cannot move a delay figure, and it is not part of the delivery record above.

About

Company dossier

Legal name
Rndsqr Ltd
Headquarters
202 - 1680 40 Avenue SW, Calgary, Canada
T2T 6T8
Founded
2015
Calgary, Canada
Entity type
PRIVATE
Revenue
not published
Business model
offplan for sale, build to rent, commercial, mixed use

Partners

5 partners
Calgary Municipal Land Corporation (CMLC)
government partner

CMLC and RNDSQR partnered to redevelop the 8.77-acre David D. Oughton school site in southeast Calgary as a multi-family development and catalyst for redevelopment.

The City of Calgary
government partner

The City selected RNDSQR to lead and fund the planning, design, and construction of a mixed private-public development containing a fire station, housing, and retail in Inglewood.

Concord Projects
contractor

Concord Projects built RNDSQR’s 90 Alexander development in Winnipeg.

5468796 Architecture
partner

5468796 Architecture designed 90 Alexander and is described by RNDSQR as a long-time collaborative partner.

Team Sam / RE/MAX House
partner

RNDSQR paired with Team Sam as its new realty partners of RE/MAX House in 2019.

Sources: name

PRESS2019-04-25

CMLC + RNDSQR: A Partnership for City-building

Calgary Municipal Land Corporation
Calgary Municipal Land Corporation (CMLC)—the placemaking and development team leading the revitalization and redevelopment of downtown Calgary’s east end—has found the perfect developer partner to inject new life into the former David D. Oughton (DDO) School site in southeast Calgary.
value seen: Calgary Municipal Land Corporation (CMLC)
https://www.calgarymlc.ca/articles/cmlc-rndsqr-a-partnership-for-city-building

Sources: summary

PRESS2019-04-25

CMLC + RNDSQR: A Partnership for City-building

Calgary Municipal Land Corporation
Recognizing its tremendous potential, CMLC began re-imagining the 8.77-acre site in the community of Albert Park/Radisson Heights as a new multi-family residential project and catalyst for further redevelopment in the area.
value seen: redevelop the 8.77-acre David D. Oughton school site
value paraphrased from this source
https://www.calgarymlc.ca/articles/cmlc-rndsqr-a-partnership-for-city-building

Sources: name

PRESS2022-02-28

City of Calgary announces plans to build mixed-use fire station in Inglewood

The City of Calgary
The City of Calgary is pleased to announce that it will partner with a local developer to build a mixed-use fire station in the community of Inglewood
value seen: The City of Calgary
https://newsroom.calgary.ca/city-of-calgary-announces-plans-to-build-mixed-use-fire-station-in-inglewood/

Sources: summary

PRESS2022-02-28

City of Calgary announces plans to build mixed-use fire station in Inglewood

The City of Calgary
Through the City`s Request for Proposal (RFP) process, the opportunity was marketed to the private sector to obtain a developer for the site to lead and fund the planning, design, and construction of a mixed private and public development.
value seen: planning, design, and construction
https://newsroom.calgary.ca/city-of-calgary-announces-plans-to-build-mixed-use-fire-station-in-inglewood/

Sources: name

COMPANY2020-10-01

90 Alexander Breaks Ground — RNDSQR

RNDSQR
Designed by: 5468796 Architecture Built by: Concord Projects Developed by: RNDSQR Projects
value seen: Concord Projects
https://www.rndsqr.ca/journal/90-alex-breaks-ground

Sources: summary

COMPANY2020-10-01

90 Alexander Breaks Ground — RNDSQR

RNDSQR
Designed by: 5468796 Architecture Built by: Concord Projects Developed by: RNDSQR Projects
value seen: Built by: Concord Projects
value paraphrased from this source
https://www.rndsqr.ca/journal/90-alex-breaks-ground

Sources: name

COMPANY2020-10-01

90 Alexander Breaks Ground — RNDSQR

RNDSQR
Designed by: 5468796 Architecture Built by: Concord Projects Developed by: RNDSQR Projects
value seen: 5468796 Architecture
https://www.rndsqr.ca/journal/90-alex-breaks-ground

Sources: summary

COMPANY2020-10-01

90 Alexander Breaks Ground — RNDSQR

RNDSQR
Designed by: 5468796 Architecture Built by: Concord Projects Developed by: RNDSQR Projects
value seen: Designed by: 5468796 Architecture
value paraphrased from this source
https://www.rndsqr.ca/journal/90-alex-breaks-ground

Sources: name

COMPANY2019-12-17

2019: That's A Wrap — RNDSQR

RNDSQR
We paired up with Team Sam, our new realty partners of RE/MAX House in the Fall.
value seen: Team Sam, our new realty partners of RE/MAX House
https://www.rndsqr.ca/journal/2019-thats-a-wrap

Sources: summary

COMPANY2019-12-17

2019: That's A Wrap — RNDSQR

RNDSQR
We paired up with Team Sam, our new realty partners of RE/MAX House in the Fall.
value seen: new realty partners of RE/MAX House
value paraphrased from this source
https://www.rndsqr.ca/journal/2019-thats-a-wrap

Registrations & licences

COMPANY NUMBER2019138912
Alberta Corporate Registry · CA · Amalgamated
Jurisdiction-agnostic: a DLD number, a Companies House number and a state RERA registration all land in the same table.

Contact

Markets

1 countries
Canadaactive 10 projects tracked

What they build

5 types
Residential, for rent8 of 10
Retail3 of 10
Mixed use3 of 10
Office2 of 10
Residential, for sale2 of 10
A project counts once under each type it carries, so the shares add to more than the project count.

Management

Principals & executives

6 names found
AD
Afshin Devani
Afshin Devani is identified as RNDSQR’s co-founder and CEO, with responsibility for leading the Calgary development company. His documented background includes CEO of Devani Homes, president of Dominion Lending Centres House, ownership of RE/MAX House of Real Estate, and an Executive MBA at Haskayne School of Business.
Current title
Co-Founder & CEO
since Dec 2015 - Present
Experience
no career length stated
Companies before
Devani HomesDominion Lending Centres HouseBell Canada
Education
Haskayne School of BusinessExecutive MBA
Harvard Business School OnlineLeading with Finance
Mount Royal University
Other boards
none sourced
Known for
Co-FounderCEOExecutive MBA candidateREMAX House owner
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: education

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
Executive MBA at Haskayne School of Business
value seen: Executive MBA at Haskayne School of Business
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: full name

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
Afshin Devani, MBA
value seen: Afshin Devani
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: linkedin page

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
Afshin Devani, MBA
value seen: https://linkedin.com/in/afshin-devani-mba-16166410
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: previous companies

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
CEO - Devani Homes ... President - Dominion Lending Centres House ... Account Manager at Bell Canada
value seen: Devani Homes; Dominion Lending Centres House; Bell Canada
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: since

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
CEO - RNDSQR (Current) Dec 2015 - Present
value seen: Dec 2015 - Present
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: summary

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
Co-founder and CEO of RNDSQR, an innovative and award-winning development company headquartered in Calgary, Alberta. Along with devoting time to RNDSQR, Afshin is an owner of REMAX House.
value seen: Afshin Devani is identified as RNDSQR’s co-founder and CEO, with responsibility for leading the Calgary development company. His documented background includes CEO of Devani Homes, president of Dominion Lending Centres House, ownership of RE/MAX House of Real Estate, and an Executive MBA at Haskayne School of Business.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: tags

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
Co-founder and CEO of RNDSQR ... Executive MBA at Haskayne School of Business ... Afshin is an owner of REMAX House
value seen: Co-Founder; CEO; Executive MBA candidate; REMAX House owner
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/afshin-devani-mba-16166410

Sources: title

SOCIALdate not shown in source

Afshin Devani, MBA

LinkedIn
Co-Founder & CEO at RNDSQR
value seen: Co-Founder & CEO
https://linkedin.com/in/afshin-devani-mba-16166410
AD
Alkarim Devani
Alkarim Devani is a co-founder of RNDSQR whose documented remit centres on design-led development, innovation and community-oriented urban housing. He has a marketing degree from the University of Calgary, previously worked at CP Rail and co-founded Beyond Homes, and is also described as active on industry boards and as a frequent university guest lecturer.
Current title
Co-Founder
Experience
no career length stated
Companies before
CP RailBeyond Homes
Education
University of CalgaryMarketing degree
Other boards
D.TalksCalgary Housing Company
Known for
Co-FounderBCOMDDes candidateDesign-led developmentUniversity guest lecturer
Work email: al@rndsqr.ca1 Email
We’re desperate for housing today, and the constraints are getting more and more challenging whether it be zoning costs, interest rates, or shortage of labour. Collisions YYC July 20, 2023https://www.collisionsyyc.com/episodes/e360-alkarim-devani

Sources: education

PRESS2020-01-06

ENTREPRENEUR PROFILE: ALKARIM DEVANI of RNDSQR

thankyou group
After I finished high school I went off and completed a marketing degree at U of C.
value seen: marketing degree at U of C
https://www.thankyouapparel.ca/blogs/friends/entrepreneur-profile-alkarim-devani-rndsqr

Sources: email

COMPANYdate not shown in source

MIDDLE — RNDSQR

RNDSQR
Alkarim Devani, BCOM, DDes (Candidate) Co-Founder/CEO al@rndsqr.ca
value seen: al@rndsqr.ca
https://www.rndsqr.ca/middle

Sources: full name

COMPANYdate not shown in source

MIDDLE — RNDSQR

RNDSQR
Alkarim Devani, BCOM, DDes (Candidate) Co-Founder/CEO
value seen: Alkarim Devani
https://www.rndsqr.ca/middle

Sources: other boards

COMPANYdate not shown in source

MIDDLE — RNDSQR

RNDSQR
He regularly contributes his time to numerous volunteer organizations as well as a number of industry-led boards and communities including D.Talks and Calgary Housing Company.
value seen: D.Talks and Calgary Housing Company
https://www.rndsqr.ca/middle

Sources: previous companies

PRESS2020-01-06

ENTREPRENEUR PROFILE: ALKARIM DEVANI of RNDSQR

thankyou group
I went straight to work at CP Rail ... we actually ended up starting a company called Beyond Homes.
value seen: CP Rail; Beyond Homes
held out of the figures · the quote does not carry this value
https://www.thankyouapparel.ca/blogs/friends/entrepreneur-profile-alkarim-devani-rndsqr

Sources: quote

PRESS2023-07-20

E360 - Current & Critical - Alkarim Devani, The Housing Crisis, Changing Lives & Building Dreams

Collisions YYC
We’re desperate for housing today, and the constraints are getting more and more challenging whether it be zoning costs, interest rates, or shortage of labour.
value seen: We’re desperate for housing today, and the constraints are getting more and more challenging whether it be zoning costs, interest rates, or shortage of labour.
https://www.collisionsyyc.com/episodes/e360-alkarim-devani

Sources: summary

PRESS2020-01-06

ENTREPRENEUR PROFILE: ALKARIM DEVANI of RNDSQR

thankyou group
After I finished high school I went off and completed a marketing degree at U of C ... Once I finished my degree I went straight to work at CP Rail ... we actually ended up starting a company called Beyond Homes.
value seen: Alkarim Devani is a co-founder of RNDSQR whose documented remit centres on design-led development, innovation and community-oriented urban housing. He has a marketing degree from the University of Calgary, previously worked at CP Rail and co-founded Beyond Homes, and is also described as active on industry boards and as a frequent university guest lecturer.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.thankyouapparel.ca/blogs/friends/entrepreneur-profile-alkarim-devani-rndsqr

Sources: tags

COMPANYdate not shown in source

MIDDLE — RNDSQR

RNDSQR
Alkarim Devani, BCOM, DDes (Candidate) Co-Founder/CEO ... Alkarim’s work building RNDSQR has garnered national and international recognition and is a frequent guest lecturer at The University of California, Berkeley, and The University of Calgary.
value seen: Co-Founder; BCOM; DDes candidate; Design-led development; University guest lecturer
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.rndsqr.ca/middle

Sources: title

COMPANY2019-07-23

CY33 Groundbreaking Ceremony — RNDSQR

RNDSQR
Alkarim Devani (Co-Founder, RNDSQR)
value seen: Co-Founder
https://www.rndsqr.ca/journal/cy33-groundbreaking-ceremony
MD
Majida Devani
Majida Devani is RNDSQR’s lead designer and is also principal at BBLOC. RNDSQR says she selects interior specifications for its residential projects; independent reporting identifies her Master of Architecture from the University of Calgary and prior work with designer Karim Rashid.
Current title
Lead Designer at RNDSQR and Principal at BBLOC
since Jan 2009 - Present
Experience
no career length stated
Companies before
Karim Rashid
Education
University of CalgaryMaster of Architecture
Dalhousie UniversityBachelor of Environmental Design, Architecture
Other boards
none sourced
Known for
Lead DesignerHead of DesignPrincipal at BBLOCM.Arch.Ex-Karim Rashid
https://linkedin.com/in/majida-devani-82826174
We like to try things out on ourselves first. RNDSQR October 3, 2018https://www.rndsqr.ca/journal/own-home-testing-ground

Sources: education

COMPANY2018-10-03

Calgary Designers Use Their Own Home as Testing Ground for Bold Ideas

RNDSQR
Ms. Devani ... earned a masters of architecture degree from the University of Calgary
value seen: Master of Architecture from the University of Calgary
held out of the figures · the quote does not carry this value
https://www.rndsqr.ca/journal/own-home-testing-ground

Sources: full name

SOCIALdate not shown in source

Majida Devani

LinkedIn
Majida Devani
value seen: Majida Devani
https://linkedin.com/in/majida-devani-82826174

Sources: linkedin page

SOCIALdate not shown in source

Majida Devani

LinkedIn
Majida Devani
value seen: https://linkedin.com/in/majida-devani-82826174
https://linkedin.com/in/majida-devani-82826174

Sources: quote

COMPANY2018-10-03

Calgary Designers Use Their Own Home as Testing Ground for Bold Ideas

RNDSQR
“We like to try things out on ourselves first,” said Ms. Devani
value seen: We like to try things out on ourselves first.
https://www.rndsqr.ca/journal/own-home-testing-ground

Sources: since

SOCIALdate not shown in source

Majida Devani

LinkedIn
Lead Designer at RNDSQR and Principal at BBLOC - RNDSQR (Current) Jan 2009 - Present
value seen: Jan 2009 - Present
https://linkedin.com/in/majida-devani-82826174

Sources: summary

COMPANY2020-03-04

Style + Design with Majida — RNDSQR

RNDSQR
We sat down with our Design Lead Majida Devani ... She selects all of our interior specs for each residential project.
value seen: Majida Devani is RNDSQR’s lead designer and is also principal at BBLOC. RNDSQR says she selects interior specifications for its residential projects; independent reporting identifies her Master of Architecture from the University of Calgary and prior work with designer Karim Rashid.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://www.rndsqr.ca/journal/style-with-majida

Sources: tags

SOCIALdate not shown in source

Majida Devani

LinkedIn
Lead Designer at RNDSQR and Principal at BBLOC
value seen: Lead Designer; Head of Design; Principal at BBLOC
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/majida-devani-82826174

Sources: title

SOCIALdate not shown in source

Majida Devani

LinkedIn
Lead Designer at RNDSQR and Principal at BBLOC
value seen: Lead Designer at RNDSQR and Principal at BBLOC
https://linkedin.com/in/majida-devani-82826174
CM
Chris Money
Chris Money is documented as RNDSQR’s current Development Manager, having previously been its Project Manager. His role places him in the development/project-management leadership layer responsible for advancing RNDSQR’s housing pipeline.
Current title
Development Manager
since Jan 2025 - Present
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Development ManagerProject managementCurrent
https://linkedin.com/in/chris-money-835b1994

Sources: full name

SOCIALdate not shown in source

Chris Money

LinkedIn
Chris Money
value seen: Chris Money
https://linkedin.com/in/chris-money-835b1994

Sources: linkedin page

SOCIALdate not shown in source

Chris Money

LinkedIn
Chris Money
value seen: https://linkedin.com/in/chris-money-835b1994
https://linkedin.com/in/chris-money-835b1994

Sources: since

SOCIALdate not shown in source

Chris Money

LinkedIn
Development Manager (Current) Jan 2025 - Present
value seen: Jan 2025 - Present
https://linkedin.com/in/chris-money-835b1994

Sources: summary

SOCIALdate not shown in source

Chris Money

LinkedIn
Development Manager (Current) Jan 2025 - Present ... Project Manager Mar 2024 - Jan 2025
value seen: Chris Money is documented as RNDSQR’s current Development Manager, having previously been its Project Manager. His role places him in the development/project-management leadership layer responsible for advancing RNDSQR’s housing pipeline.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/chris-money-835b1994

Sources: tags

SOCIALdate not shown in source

Chris Money

LinkedIn
Department: Project Management • Level: Manager
value seen: Development Manager; Project management; Current
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/chris-money-835b1994

Sources: title

SOCIALdate not shown in source

Chris Money

LinkedIn
Development Manager (Current) Jan 2025 - Present
value seen: Development Manager
https://linkedin.com/in/chris-money-835b1994
MA
Mary Akintola-Odebode
Mary Akintola-Odebode is RNDSQR’s current Fund & Asset Manager. Her documented responsibilities include property-investment cash-flow reporting and forecasts, project-financing processes, investor reporting, regulatory filings and audit support.
Current title
Fund & Asset Manager
since Jan 2023 - Present
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Fund & Asset ManagerACAFMVAInvestor reportingProperty investment finance
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634

Sources: full name

SOCIALdate not shown in source

Mary Akintola-Odebode ACA , FMVA

LinkedIn
Mary Akintola-Odebode ACA , FMVA
value seen: Mary Akintola-Odebode
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634

Sources: linkedin page

SOCIALdate not shown in source

Mary Akintola-Odebode ACA , FMVA

LinkedIn
Mary Akintola-Odebode ACA , FMVA
value seen: https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634

Sources: since

SOCIALdate not shown in source

Mary Akintola-Odebode ACA , FMVA

LinkedIn
Fund & Asset Manager (Current) Jan 2023 - Present
value seen: Jan 2023 - Present
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634

Sources: summary

SOCIALdate not shown in source

Mary Akintola-Odebode ACA , FMVA

LinkedIn
Empower decision-making on property investments by delivering precise cashflow reports and forecasts ... Perform accounting, analytical, & financial reporting duties ... support external auditors
value seen: Mary Akintola-Odebode is RNDSQR’s current Fund & Asset Manager. Her documented responsibilities include property-investment cash-flow reporting and forecasts, project-financing processes, investor reporting, regulatory filings and audit support.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634

Sources: tags

SOCIALdate not shown in source

Mary Akintola-Odebode ACA , FMVA

LinkedIn
Mary Akintola-Odebode ACA , FMVA ... Empower decision-making on property investments by delivering precise cashflow reports and forecasts
value seen: Fund & Asset Manager; ACA; FMVA; Investor reporting; Property investment finance
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634

Sources: title

SOCIALdate not shown in source

Mary Akintola-Odebode ACA , FMVA

LinkedIn
Fund & Asset Manager (Current) Jan 2023 - Present
value seen: Fund & Asset Manager
https://linkedin.com/in/mary-akintola-odebode-aca-fmva-b7955634
AA
Abimbola Agunbiade
Abimbola Agunbiade is RNDSQR’s current Corporate Accountant. Her documented remit covers full-cycle accounting, cash flow and project financial reporting, budgeting, forecasting, payroll, reconciliations and compliance-related filings.
Current title
Corporate Accountant
since Sep 2017 - Present
Experience
no career length stated
Companies before
none sourced
Education
not published
Other boards
none sourced
Known for
Corporate AccountantACACFECAMSProject financial reporting
https://linkedin.com/in/abimbola-agunbiade

Sources: full name

SOCIALdate not shown in source

Abimbola Agunbiade, ACA, CFE, CAMS

LinkedIn
Abimbola Agunbiade, ACA, CFE, CAMS
value seen: Abimbola Agunbiade
https://linkedin.com/in/abimbola-agunbiade

Sources: linkedin page

SOCIALdate not shown in source

Abimbola Agunbiade, ACA, CFE, CAMS

LinkedIn
Abimbola Agunbiade, ACA, CFE, CAMS
value seen: https://linkedin.com/in/abimbola-agunbiade
https://linkedin.com/in/abimbola-agunbiade

Sources: since

SOCIALdate not shown in source

Abimbola Agunbiade, ACA, CFE, CAMS

LinkedIn
Corporate Accountant - RNDSQR (Current) Sep 2017 - Present
value seen: Sep 2017 - Present
https://linkedin.com/in/abimbola-agunbiade

Sources: summary

SOCIALdate not shown in source

Abimbola Agunbiade, ACA, CFE, CAMS

LinkedIn
Performed full cycle accounting ... Prepare and maintain company cashflow ... maintained ... financial reporting ... Managing financial reporting, budgeting, and forecasting
value seen: Abimbola Agunbiade is RNDSQR’s current Corporate Accountant. Her documented remit covers full-cycle accounting, cash flow and project financial reporting, budgeting, forecasting, payroll, reconciliations and compliance-related filings.
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/abimbola-agunbiade

Sources: tags

SOCIALdate not shown in source

Abimbola Agunbiade, ACA, CFE, CAMS

LinkedIn
Abimbola Agunbiade, ACA, CFE, CAMS ... Prepare and maintain company cashflow ... maintained ... financial reporting
value seen: Corporate Accountant; ACA; CFE; CAMS; Project financial reporting
held out of the figures · the quote does not carry this value
value paraphrased from this source
https://linkedin.com/in/abimbola-agunbiade

Sources: title

SOCIALdate not shown in source

Abimbola Agunbiade, ACA, CFE, CAMS

LinkedIn
Corporate Accountant - RNDSQR (Current) Sep 2017 - Present
value seen: Corporate Accountant
https://linkedin.com/in/abimbola-agunbiade

Projects

Assessment coverage

Completed projects: 2016-10-15 through 2026-10-15. Initial research is capped at 10 completed projects and a separate delivery-risk search capped at 7 findings. Risk findings are not project assessment counts. Absence is not proof of a complete portfolio or no failures. Month-level dates overlapping a boundary are excluded from figures.

0 undated completions and 0 boundary-uncertain completions are retained but excluded from figures.

Stalled, cancelled & overdue projects

0 evidenced cases
The capped delivery-risk search ran; no project-level exception cases are recorded here. Risk findings are listed under Risks and are separate from assessed projects. This does not establish that the developer has no delivery failures.

Completed projects

10 projects
ProjectLocationTypeUnitsFloorsAreaCostPayment planLaunchedConstruction startOriginal targetHandoverDelayConfidenceStatus
The BendWinnipeg, Canada
East Exchange District		residential for rent, retail, mixed use2061seven-storey———2019Oct. 7, 2019Mar 2023Dec 2025 – Feb 2026+34.0 mo
(+33.0 to +35.0)		sourcedcompleted
GROWCalgary, Canada
Bankview		residential for rent201—1,806 m²——2018June 8Mar 2019 – May 2019Jun 2021+26.0 mo
(+25.0 to +27.0)		sourcedcompleted
Altadore 21ACalgary, Canada
Altadore		residential for rent71——————Jan 2021 – Dec 2021Jan 2021 – Dec 20210.0 mo
(−11.0 to +11.0)		sourcedcompleted
Courtyard 33Calgary, Canada
Marda Loop		residential for rent, retail, office, mixed use6316-story———2019February 2019Jan 2021 – Apr 2021Jan 2021 – Dec 2021+4.0 mo
(−3.0 to +11.0)		sourcedcompleted
Killarney 28Calgary, Canada
Killarney		residential for rent41————20212021Sep 2021 – Dec 2021Jan 2021 – Dec 2021−4.0 mo
(−11.0 to +3.0)		sourcedcompleted
BeaconCalgary, Canada
Shaganappi		office, retail, mixed use—————2018by the end of the monthJun 2020 – Aug 2020Jan 2020 – Dec 2020−0.5 mo
(−7.0 to +6.0)		sourcedcompleted
Peaks + PlainsCalgary, Canada
Altadore		residential for rent201————2018November 15thJun 2019 – Aug 2019Jan 2020 – Dec 2020+11.5 mo
(+5.0 to +18.0)		sourcedcompleted
West Hillhurst 05Calgary, Canada
West Hillhurst		residential for rent71———————Jan 2020 – Dec 2020—not scorablecompleted
Altadore 50Calgary, Canada
Altadore		residential for sale41———————Jan 2019 – Dec 2019—not scorablecompleted
Killarney 29Calgary, Canada
Killarney		residential for sale, residential for rent41———————Jan 2019 – Dec 2019—not scorablecompleted
Click any row for the sources behind it. Cost basis matters: an estimated cost, a construction loan and a sale price are different numbers. Each row states which one it is, so they are never averaged together.

Awards

Awards & recognition

6 found
PROJECT AWARD Winner November 2022
Mayor’s Urban Design Award — Housing Innovation · Peaks + Plains
Peaks + Plains, identified as a project by developer RNDSQR, won the Housing Innovation award for its missing-middle townhome development in Altadore.
PROJECT AWARD Winner November 29, 2019
Canadian Architect Award of Merit · IW09 (RNDSQR Block)
IW09, whose client is identified as RNDSQR, received a 2019 Canadian Architect Award of Merit in the design-development stage.
COMPANY AWARD Winner April 13, 2019 (reported April 18, 2019)
Multi-Family Builder of the Year — Small Volume
The developer reports that RNDSQR won the BILD Calgary Region Multi-Family Builder of the Year award for Small Volume at the 2018 awards.
PROJECT AWARD Winner 2022
Mayor’s Urban Design Award — Urban Architecture · General Block
The City of Calgary’s winners page identifies General Block with RNDSQR as the project owner/developer and describes its urban-architecture design response in Bridgeland.
GOVERNMENT RECOGNITION Highly commended November 16, 2017
Mayor’s Urban Design Awards — Honourable Mention · Courtyard 33
A City of Calgary announcement lists RNDSQR as the owner of Courtyard 33, which received an honourable mention.
PROJECT AWARD Winner November 16, 2017
Mayor’s Urban Design Awards — Winner · GROW
A City of Calgary announcement lists RNDSQR as the owner of GROW, which received a Mayor’s Urban Design Award.

Risks

Risk flags

5 found
PROJECT CANCELLED Late December 2022; reported February 27, 2023 (updated March 1, 2023)
Mosaic Village, a planned 24-unit co-housing project for which the group had hired RNDSQR and obtained a development permit, was shut down in late December 2022 after the group could not secure sufficient commitments and the project became too expensive; RNDSQR co-founder Alkarim Devani said the project was not moving forward, and the organizers were considering how to return remaining funds.
PROJECT CANCELLED September 4, 2019
RNDSQR changed Courtyard 33 from a planned ownership-oriented project to a rental building; the company said prior buyers' deposits had been returned and they would no longer own units in CY33, while the company gave only an anticipated early-2021 rental-readiness date with a flexible timeline.
DELIVERY DELAY City update March 2025; original construction/opening commitment 2023/2024, later timeline Q2 2025
Inglewood Station, a Calgary mixed-use fire-station development for which RNDSQR Ltd. was the City’s development partner, is on hold after the parties failed to agree on land-sale conditions; the City says the alternative delivery approach will delay the project and construction originally targeted for Q2 2025 remains TBD.
PROJECT CANCELLED Project shutdown late December 2022; reported March 1, 2023
Mosaic Village Cohousing in Bowness was shut down in late December 2022 and is no longer moving forward after the project team could not secure sufficient buyer commitments and a construction loan; RNDSQR was the hired Calgary developer.
PROJECT CANCELLED Partnership dissolved earlier in 2023; replacement partnership reported November 3, 2023
The planned RNDSQR–CMLC redevelopment of Calgary’s David D. Oughton school site was abandoned as an RNDSQR partnership: CMLC reported that the parties mutually dissolved the partnership in 2023 and proceeded with Attainable Homes instead; the replacement project later advanced, so this is resolved history rather than an active RNDSQR failure.

Record status

active
Coverageactive
Tracked sinceOctober 11, 2026
Last checkedOctober 11, 2026 this month
Profile last researchedOctober 11, 2026
Claim
Work for this company? Claiming lets you correct the record with sources and get alerts when it changes.
For informational purposes only. This information is not investment, financial or credit advice and should not be relied on for investment, lending or credit decisions. Records may be incomplete or outdated. Verify information independently and seek qualified advice before making a decision.