On March 14, 2018, Navjeet (Bob) Dhillon, President and CEO of Mainstreet Equity Corporation, pledged a $10-million gift to the University of Lethbridge, the largest donation announcement in the institution’s history. In recognition of Dhillon’s generous contribution, the University renamed the Faculty of Management to the Dhillon School of Business.
A first-generation Sikh immigrant to Canada, Mr. Dhillon launched his storied career in real estate while still a teenager, buying a pair of houses in Calgary, renovating them and selling them for a profit. He founded Mainstreet Equity Corporation and soon moved into developing larger residential buildings. As he built a private property portfolio from the ground up, Mr. Dhillon perfected a model of acquiring under-valued properties and renewing them to a higher quality market standard. An industry leader, Mr. Dhillon has owned and managed, on a collective basis, over 11,000 multi-family units and $1.63 billion in assets, growing organically since creating Mainstreet, which he took public on the TSX in 2000.