Focusing on the purchase, development, management, and investment of commercial and multi-residential income assets, MGroup of Companies, previously Melchior Management, is an organization of seasoned and committed businesspeople providing dependable, progressive approaches that assist investors and clients while cultivating a strong feeling of community and a dedication to giving back. With more than 150 years of combined industry expertise and a strong family foundation that spans four decades throughout interprovincial markets, MGroup has also proudly maintained a commitment to its community through partnerships and volunteer work.
As experts in investment, development, and management, the company boasts high-quality rental housing, effective business operations, and a remarkable talent for helping tenants feel at home. No matter the type of development, the company’s knowledgeable property managers strive to provide peace of mind to owners and boards of directors by effectively managing a boutique service model offering a framework for effectiveness, responsibility, and output.
President Dino Melchior developed an early interest in real estate. His parents, who left Italy as young adults in pursuit of a better life, served as inspiration, pushing him toward lofty dreams and instilling a strong work ethic. In fact, in his younger years, he frequently assisted his father in maintaining family-owned properties.
Melchior displayed the tenacity of an entrepreneur and a sharp sense of real estate at the age of 19, using his college loan to buy his own triplex, followed by he and his friend Lloyd Bristow’s purchasing a quadplex two years later.
In 1984, Melchior established Melchior Management Corporation (MMC) upon graduating from college, and soon after formed his first significant joint venture, a 107-unit apartment building and the start of an impressive portfolio. Melchior formed alliances to buy more than 3,000 apartments and 800,000 square feet of commercial and retail space over the course of the following 40 years. The team’s impressive skill sets later broadened to include developing raw land for subdivisions and creating office, apartment, and condominium complexes.
Along with close relatives on this team—including brother-in-law Frank Rinaldi, father Arnaldo, and mother Gemma—Dino Melchior has also been fortunate to have wonderful partners as he has invested in Simcoe County Royal LePage franchises, purchasing the original business, which changed its name to Bayshore Property Management in 1992.
Thomas Bristow joined him in 2017 and went on to become a 50 percent partner in MMC and M777 Asset Management in 2023. In order to establish a new collaboration with Melchior under the “MGroup of Companies,” Bristow purchased his parents’ 50 percent stake in Bayshore in 2024.
“Our vision for MGroup is not just about growth,” says Dino Melchior on the company’s website. “It’s about making a lasting impact on the community, ensuring sustainable development, and preserving the legacy of hard work and dedication that began with my family.”
Both M Residential REIT and M Commercial REIT were effectively founded under Vice President’s Thomas Bristow’s leadership, with the MMC team providing invaluable assistance. Bristow’s family has been firmly rooted in the real estate industry, and although he initially took a different route, he ultimately found himself lured back to the field that had influenced his family’s history.
Bristow, who lived in Barrie, looked for a way to be near his family while still finding fulfillment in his career. Integrity and family are the cornerstones of his business philosophy, and these principles direct his every action, whether working on projects with his uncle or relaxing at the family cottage. According to Bristow, real success entails growing the family business into new areas and endeavors while maintaining the fundamental principles that have contributed to its long-term success.
The firm’s residential management arm encompasses all-inclusive residential property management services customized to each property’s particular requirements, featuring a skilled staff that manages every facet of property management effectively, with an emphasis on optimizing investment returns and providing peace of mind. With the help of a committed internal accounting staff and maintenance crew, MGroup oversees rent collection, tenant relations, emergency assistance, and full maintenance services.
To ensure a client’s property is lucrative and well-maintained, MGroup also provides optional additional services like advertising, tenant screening, lease preparation, and move-in inspections, placing a high value on efficient communication and tailored solutions to guarantee the best possible property performance and owner satisfaction.
At present, MGroup oversees more than 900,000 square feet of medical and commercial office space, as well as a variety of provincial and federal social housing communities. Fully on top of all relevant government policies and initiatives, MGroup’s maintenance offerings aim to preserve the physical structures of properties and maximize operational funds. Meanwhile, a comprehensive management platform provides leasing of all units; interviewing tenants and qualifying them to project specifications; collection of rents; drafting and completing leases; managing tenant relations; complete and efficient reporting to government as needed; maintenance services; fire escape and preventative measures plans; and negotiating contracts for services including landscaping, snow removal, and on-site personnel.
In addition to expanding the MGroup brand, Dino Melchior’s interests include spending time with his family and using the Melchior Family Foundation to support issues that are important to him. He has been a longtime supporter of Empower Simcoe, Barrie Cares, The Seasons Centre for Grieving Children, and the Women and Children’s Shelter, for which MGroup is currently creating a supportive housing complex with five units.
The Royal Victoria Regional Health Centre (RVH)—which provides medical services to the local community, including many of MGroup’s tenants, condo owners, and workers—is one of the numerous organizations to benefit from the Foundation’s support. In 2024, the Melchior Family Foundation donated $1 million to the RVH Keep Life Wild initiative, according to Barrie Today. In addition to helping RVH realize its capital development plan, this donation will guarantee residents of the region have access to cutting-edge treatment near their homes, reducing the need for travel for medical reasons and allowing them to recuperate with loved ones.
According to current projections, Simcoe-Muskoka’s population is expected to quadruple over the next 20 years, calling for RVH to expand its size and scope of care to meet demographic projections. The donation from the Melchior Family Foundation will significantly advance RVH’s capital development plan and provide much-needed services to the local population. Dino Melchior asserts the importance of health in enabling families and communities to thrive and emphasizes how proud he is of the gift that will help every family in Simcoe-Muskoka obtain access to the advanced health care they deserve closer to home—adding that family is everything to him.
In its latest bid to create a better future for Barrie, Melchior was part of a group of respected local businesspeople who purchased a prime site within the city, a 200,000-square-foot mixed-use office and retail building downtown, according to Real Estate News Exchange. For $16.25 million, Dino Melchior, Jamie Massie, and Mike Stollery purchased the Lakeview Corporate Centre, a six-story office building that rises from a three-story commercial and parkade podium, situated at the intersection of Collier and Mulcaster streets.
Mady Development Corporation created the structure, which was initially known as the Collier Centre. Late in 2014, construction was halted, and in early 2016, the business declared bankruptcy and was acquired by Fortress Real Developments. Now, with this latest purchase of the building—with just over 70 percent of the facility currently unoccupied—it will be renamed Barrie City Centre.
While leasing at Lakeview Corporate Centre has been hampered by the quick changes in building ownership and the post-COVID-19 downturn in the Canadian office market, it’s anticipated that things will improve and occupancy will rise now that stable and well-respected local ownership is in place. New tenants should have some leeway in how they plan to use and design the space because a large portion of the structure has never been occupied.
Additionally, the City of Barrie has recently made a $7.5 million investment in Georgian College’s new downtown campus at the Centre, which will be transformed into a centre for innovative programming, according to Ontario Construction News. When the new campus opens in September 2026, it will have 500 students enrolled initially, with an emphasis on design, digital technology, and entrepreneurship.
Ultimately, Dino Melchior credits the amazing investors who have supported him over the last four decades as a large reason for his success. In addition to making MGroup a well-known force in the real estate sector, their cooperation, direction, and depth of knowledge have made his work pleasurable and produced numerous enduring friendships—along with plenty of success.
