Our Company

What We Do 

TAG Developments is a full cycle real estate developer holding over 4,400 acres of land in the Edmonton Metropolitan Region. We develop our raw land into industrial, commercial, and residential neighborhoods with a clear focus on the needs of the end user. We also manage a portfolio of over 400,000 square feet of buildings including office, retail, and industrial properties – all constructed, owned, and operated by TAG Developments. 

Tag By The Numbers


Years in business

2 Million

Square feet of commercial space owned or constructed


Acres of land sold


Acres of land still owned


Although our name is new, our origin has deep roots in the Edmonton Region. Formerly known as Trans America Group, TAG Developments was founded in 1971 by Eli Adler – a dentist by trade with a passion for real estate development. Over the next 40 years, TAG Developments went on to build or purchase over 2 million square feet of industrial, office, and retail space and develop and sell over 4,250 acres of land in the Edmonton Metropolitan Region. 

Although our name is new, our origin has deep roots in the Edmonton Region.

Eli was known for being a visionary. The most notable examples of this vision include launching development of the Acheson Industrial Area and developing the land and buildings east of Broadmoor Boulevard in Sherwood Park. Due to Eli’s leadership and vision, TAG Developments is the largest private land owner in Fort Saskatchewan with over 900 acres of light and medium industrial land in what is now known as Heartland Industrial Park, and one of the largest private land owners in Morinville with 350 acres of residential land being developed into the communities of Notre Dame and Grandin Heights.

Looking Forward

Today TAG Developments remains owned and operated by the Adler family. In 2015 Eli’s son, David Adler, re-committed to the growth of the company by bringing on an experienced and highly qualified team to guide company operations. With its head office in downtown Edmonton, TAG Developments remains engaged and invested in the growth of our region. 

The landscape of real estate has changed drastically over the years, and so has TAG Developments. We remain committed to providing customers and tenants with high quality developments that are backed by knowledgeable, professional, and passionate individuals.

Meet the Team

David Adler

Executive Chairman

David is the Executive Chairman of TAG Developments and a Partner at Paragon Capital Partners.  Prior to co-founding Paragon, David was the Chief Executive Officer of Triene, a software and information enterprise that targeted financial professionals, which was funded by Goldman Sachs and Reuters.  Before founding Triene, David was a Managing Director and a founding member of the Media and Telecommunications Investment Banking Group at Montgomery Securities (which was acquired by Bank of America Merrill Lynch).  Prior to this David served as a Vice President and Associate in the Investment Banking Division of Goldman, Sachs & Co in New York and as an Associate in Global Banking and Markets at Scotiabank in Toronto.  In addition, David was a securities lawyer for 3 years with Goodmans LLP, a Canadian law firm with 200 lawyers worldwide.  David practiced law in their New York and Toronto offices and was admitted to the New York and Ontario Bars. 

David holds a Bachelor of Commerce Degree with Distinction from the University of Toronto, and a Joint MBA/JD from Osgoode Hall Law School and the Schulich School of Business in Toronto, Canada.

Jason Fjeldheim


Jason possesses 15 years of experience in the construction and real estate development industry. His work experience spans project engineering, construction project management, planning for subdivision development, community development, property development and property management. 

Jason has been President of TAG Developments since January of 2017.  As President he is responsible for the full cycle of real estate development.  From creating master planned developments, to subdivision construction, property development and building construction, leasing and sales, and property management.  

He was previously Vice President, Northern Alberta Community Development at Melcor Developments Ltd. between 2011 and 2017. In this role, he was responsible for all aspects of land development in the Edmonton area. 

Jason is well-versed in the full life cycle of real estate development, from financial analysis, to market assessments, sales and marketing, and planning, engineering and construction. 

Prior to Melcor, Jason held positions with Sherrick Management and the City of Edmonton. 

Jason graduated with a BSc in Civil Engineering from the University of Alberta (2002) and with a Construction Engineering Technology Diploma from the Northern Alberta Institute of Technology (1999). He is also currently a member of the board of Directors at the Urban Development Institute.

Mark Tanasichuk

Vice President, Development

Mark has 10 years of professional experience including 4 years in corporate finance managing a portfolio of loans and deposits for mid-market real estate, commercial, and energy service companies; and 6 years’ experience in real estate development managing the full life cycle of residential and industrial land development projects in the City of Edmonton and multiple surrounding municipalities.

Mark joined the team in March 2017 and focuses on the strategic direction of TAG’s new and existing development projects including planning, design, construction, sales, marketing, and redeployment of capital.  Prior to TAG Developments, Mark held positions with Melcor Developments and ATB Corporate Financial Services bringing his experience in project management and financial modelling with him.

He is involved with UDI Edmonton Region, currently sitting on the Fort Saskatchewan and Commercial/Industrial committees and formerly chairing the Spruce Grove committee (2015-2017).  Mark also sits on committees actively fundraising for the Canadian Mental Health Association-Edmonton Region (2011-Present).

Mark graduated with a Bachelor of Commerce, Finance Major, from the University of Alberta (2008) and went on to complete his MBA at Queen’s University (2017).

James Malkin

Vice President, Leasing

James has been working in commercial real estate for over 15 years, working primarily on the Landlord side in property management, development, and leasing roles across all asset classes. James has also been active in the commercial real estate community serving on the board of NAIOP, participating in the UDI commercial/industrial committee and volunteering for advocacy and fundraising committees with NAIOP.  

James has also volunteered with Canadian Mental Health working on the committee for their annual golf tournament and served as the chair for the NAIOP charity golf tournament that provides necessary donations to Little Warriors.

James graduated with a Bachelor of Commerce, finance major from Saint Mary’s University and went on to complete a Diploma in Urban Land Economics with a focus on Development from the University of British Columbia. 

Miha Faryon

Controller CPA, CGA

Miha is a CPA, CGA with over 15 years of experience working in real estate.  Before joining TAG Developments in February 2018, she held the role of Controller for 9 years at Canadian Urban Limited.

Miha graduated with a Bachelor of Commerce, Accounting and Information Systems Major from the University of Timisoara, Romania (1997) and obtained her CPA/CGA designation in 2009. 

While raising a family and working, Miha has benefitted from the experience of volunteering for Commercial Real Estate for Women (CREW) in Edmonton and enjoys mentoring women in the real estate industry. 

Valerie Sosnowski

General Manager, Property Management

Valerie has over 12 years of experience in property management, successfully building and leading teams to provide tenants with a first class experience. Prior to joining TAG, Valerie held roles with Aspen Properties and Melcor Developments overseeing the management and operations of retail, industrial, and office buildings. She has had the pleasure of working with teams that, during her tenure, have been the recipients of a TOBY Award, Earth Award and Property Management Team of the Year Award through BOMA Edmonton. 

In her role at TAG Developments Valerie will manage the full cycle of TAG’s commercial portfolio, including the maintenance and operations of the assets, with a focus on providing best-in-class service to TAG’s tenants.

Valerie completed her RPA designation through BOMI in 2016 and is currently pursuing her CPM  designation through REIC.  

Jerome Mensink

Operations Supervisor

Jerome joined TAG Developments in November 2018 to oversee the operations and maintenance of TAG’s commercial portfolio.  With over 30 years of experience in property maintenance, Jerome brings a wealth of knowledge, a passion for efficiency, and a commitment to providing best-in-class service to TAG’s tenants.

Jerome previously held roles with Aspen Properties, Bentall Kennedy, ProCura Real Estate and NewWest Enterprise Property Group.  He has overseen award-winning buildings and teams, which have recently received a TOBY Award, Earth Award, and Operations Team of the Year through BOMA Edmonton.

Jerome holds a 4th Class Power Engineer's Certificate of Competency from the Alberta Boilers Safety Association (2000). He is committed to professional development and regularly attends leadership and industry training seminars. He also volunteers on the BOMA Education Committee where he continues to broaden his knowledge base.

Shelli Poznansky

Executive Assistant

Shelli has been with TAG Developments for 20 years. Over the course of her time with TAG, she has been engaged with accounts receivable and payable, property management, and legal. Today Shelli acts as Executive Assistant to the team, helping to coordinate sales, leasing, and property management. 

Prior to TAG, Shelli was with the City of Edmonton in Remittance Processing, and Kingston Ross Pasnak Chartered Accountants as a receptionist.,

Shelli has completed several Legal Education Society of Alberta (LESA) courses and graduated with an Office Administration Diploma from the Northern Alberta Institute of Technology (NAIT) in 1994.

Rayann Bungay

Leasing Manager

Rayann possesses over 10 years of experience in both commercial and residential real estate. Prior to joining TAG, Rayann worked in Toronto on the Colliers appraisal team as an analyst, moving from her role in Edmonton as a client project coordinator assisting the Colliers industrial leasing and sales team. Her experience in commercial leasing and appraisal is coupled with a background in residential real estate, which she acquired in her role as office manager for ReMax Central in Edmonton. 

In her role at TAG Developments Rayann supports the Senior Vice President of Leasing in acquiring, vetting, and executing lease agreements - providing clients with a pleasant and professional experience. 

Rayann holds a Bachelor of Commerce Degree from Saint Mary’s University (2004) and completed her Real Estate license with the Ontario Real Estate Association College in 2010.

Liza Murakami


Liza Murakami has over 35 years of experience in accounting, treasury and finance. She earned her Bachelor of Science in Commerce, Accounting Major from the University of Santo Tomas in Manila, Philippines (1980). 

Liza worked for 23 years in the Philippines as a financial analyst for manufacturing, service, and transportation companies.  Her experience includes work with a manufacturer and distributor of fertilizer, agricultural chemicals, and farm implements. Prior to that she held roles as a consultant for an engineering firm, and a financial analyst for a commercial passenger and cargo shipping company. 

Liza joined Tag Developments in 2003 in the accounting department.  Her main task is to ensure that both the internal and external customers of the company are serviced effectively by making sure that payroll and taxes are processed on time and that all contractors’ and vendors’ bills are paid promptly.  As the company grows, she looks forward to continuing to contribute to the success of the organization and its well-being.

Lorna Bernabe

Accounting Clerk

Lorna possesses over 20 years of experience in the accounting field. Prior to joining the accounting department at TAG Developments, she held roles in a variety of industries including printing, non-profit, construction, and transportation. 

Lorna graduated with a Bachelor of Science in Commerce, Accounting Major from the Divine Word College in Laoag, Phillipines. After moving to Canada in 2005, Lorna completed a Diploma in Accounting & Payroll Administrator from CDI College in Toronto, Ontario (2006). She is currently a member of the Canadian Payroll Association.

Lorna has been with TAG Developments since September 2007. As an accounting clerk she takes care of the full cycle of accounting from posting payables, receivables, adjustments to Interim Financial Statements.

Cole McFadden

Assistant Development Manager

Cole Graduated from the University of Alberta with a B.Comm in Finance and Real Estate in 2018 when he started his career with ONE Properties, working in roles of financial analysis, development, and leasing.  He has experience with a broad range of asset classes including industrial, retail, and office, with his primary focus being the Edmonton Industrial market.

Cole is currently involved with the NAIOP Developing Leaders program and acts as an adviser to students at the University of Alberta during their NAIOP Battle of Alberta challenge.

 At TAG, Cole works alongside the Vice President Development in managing all our land development projects across the region.


© TAG Developments Ltd. 2023