About Us

Our Vision

We build sustainable, innovative, and diverse communities where people can live, work, play, and flourish in partnership with aligned stakeholders.

Our Mission

To be a leader in promoting the sustainable development of the built and natural environments.

Our Story

The latin word Alinea, which is symbolized by the pilcrow, ¶, a typographical symbol that marks the start of a new paragraph, represents the start of a new train of thought within an existing and continuing narrative. For us, our new identity as Alinea allows us to acknowledge and honour the founding and early growth of the Paletta family enterprise led by Pasquale (Pat) Paletta, while making clear that its new leadership embraces a fresh way of thinking and is open to insights and inspiration from others in the ongoing creation of community.
Our logo is compromised of two principle elements. The first is the three overlapping panels representing the continuum of ‘time’. The family’s past is reflected in the panel in the lower left, the present in the center and the company’s future to the upper right. The second element can be seen in the silhouetted presence of the alinea pilcrow in the upper right portion of the central panel, echoed again in the upper right panel. The overlapping pilcrows at the junction of the present and the future remind us to constantly seek that ‘new line’ in all that we do as our covenant with the past and commitment to the future.
We have a long history of building for impact. As Penta Properties Inc, we specialized in residential land development and retail and industrial property development across the GTA and Hamilton-Niagara Region for nearly 60 years. Under new leadership, our company has undergone a fundamental transformation and adopted a new approach to building prosperous and sustainable communities. We believe that developers should be responsive to community needs and serve as environmental stewards. Our priority is to meet the demands of our growing population, improving both the inventory of housing for homebuyers while working to improve its affordability. In doing so, we seek to foster positive environmental impacts while creating thriving community ecosystems.

Meet The Team

President & CEO, Owner

Paul Paletta

Paul has long sought to create an organization whose culture was centred on the power of relationships and focus on aligning “purpose” with commercial success. Prior to founding TRIO, Paul was the President of Tender Choice Foods Inc. and Vice President of PIC, the Paletta family’s real estate division. In June 2020, he created The Paul Paletta Foundation, which is focused on helping underprivileged kids reach their potential. More recently, Paul has taken on leadership of Penta Properties.

Paul graduated from McGill University with a B. Comm in Finance and a minor in Entrepreneurship in 1991. Despite his time in Montreal, Paul is an avid Boston Bruins fan.

Owner and Vice President

Michael Paletta

Michael takes pride in achieving his business dealings and relationships with mutual respect while upholding values to ensure success in every aspect of business. Michael was previously Vice President of Tender Choice Foods Inc. before joining the real estate arm of the family business. Currently Vice President of Penta Properties Inc. his responsibilities include the leasing of their retail facilities, whilst providing clients with the upmost professionalism. Michael is creating the Michael & Laura Paletta Foundation with a focus on youth and young adult mental health and youth development. Michael attended Sheridan College and Wilfrid Laurier University.

Chief Operating Officer

Mario Paron

Mario has over 30 years of experience with one of the world’s largest Big 4 Accounting and Consulting firms. He was an international tax partner and held various leadership roles with the firm globally. Most recently, Mario was the leader of KPMG’s Private Business practice in Canada and the Family Office practice globally. Mario has a B. Comm from McMaster University and a Masters in US Taxation from Canisius College. Mario was recognized by the Chartered Professional Accountants of Ontario as a Fellow in 2019. Mario also has recently received his Family Enterprise Advisor designation and reflects his commitment to helping enterprising families build lasting legacies.

Director, Real Estate Development

Dave Pitblado

Dave has over 25 years of experience in the real estate development and construction industry, having worked on numerous projects throughout the Greater Toronto Area and Greater Golden Horseshoe. Upon earning a Bachelor of Arts (Psychology) degree from Laurentian University, followed by a post graduate diploma in Building Construction Regulations Administration from Seneca College where he graduated with high honours, Dave hit the ground running. Beginning his career with a new home builder in Toronto constructing an average of 750 new homes per year, Dave quickly moved into the land development side of the business. For the past 20 years he has focused on development planning, subdivision design, municipal and agency approvals, site servicing, consultant management, and staying up to date on the ever-changing planning policy framework. Having also added a Real Estate Broker designation to his toolbelt, Dave takes great pride in being a complete real estate professional.

Senior Construction Coordinator

Richard Lewis

Richard has been involved in the land development and management industry for over thirty-five years. The twenty past years have been with Penta Properties Inc. Richard graduated as a Civil Engineering Technologist from Ryerson Polytechnical Institute in Toronto. He has been fortunate to have been employed steadily in his vocation since graduating university, contributing his talents and knowledge to several large infrastructure projects throughout Ontario.
Richard enjoys many outdoor activities with his family and friends.

Financial Controller

Bill Prybyla

Bill has been in Accounting and Finance for his entire career. He has been employed with the Paletta organization for the past 31 years. With extensive experience with Tender Choice Foods Inc the Paletta Family’s poultry and meat packing operations and PIC their real estate division, he is currently the Financial Controller of Penta Properties Inc. Bill graduated from Western University with a Finance degree in Administrative and Commercial Studies.

Financial Controller

Russ Rowlands

Russ advises Penta on its capital structure and credit requirements and manages internal finance, including budgeting, modeling and forecasting.  Prior to joining Penta, Russ spent 8 years as a corporate and commercial banker in Toronto and Hamilton, where he learned to love building big buildings.  Russ holds an MBA from Queen’s University and an undergraduate degree from the University of Waterloo, and is proud to act as Treasurer on the Mark Preece Family House Board of Directors.  He also enjoys sailing and has crossed an ocean or two.