INSPIRE Summer Newsletter 2018

NAIOP Greater Toronto Chapter Developing Leader members have been busy over the past quarter. Here's news on moves and deals by your fellow DLs.


Preet Aneja joined Crestpoint Real Estate Investments as a Financial Analyst.

Monica Di Zio was promoted to Manager, Leasing and Marketing, Crown Property Management Inc.

Sarah Hsu joined Epic Investment Services as a Manager from GWL Realty Advisors Inc.

Christina Karam joined Crown Property Management Inc. as Director, Leasing.

Farrah Khimji joined Grant Thornton as a Principal from Forgestone Capital.

Liam Sauro was promoted to Associate Vice President, Capital Markets at Cushman & Wakefield.

Duncan Smith was promoted to Director, Investments at The Daniels Corporation.


Liam Sauro at Cushman & Wakefield has recently completed two zoned land transactions.  The first at 4500-4570 Ridgeway Drive was a Site Plan Approved commercial development in Erin Mills, closing in May of 2018 for $20,100,000 on behalf of the Vendor.  A prominent local developer acquired the 14.81 acre site, which is currently approved for approximately 220,000 square feet of industrial, office and retail uses. 

The second transaction at 484 Spadina Avenue featured a fully zoned luxury rental development acquisition.  Structured as a ‘carve out’ from a larger portfolio sale, the site is zoned for 126,000 SF of residential use.  Acting on behalf of the Purchaser, Fitzrovia Capital, the transaction closed in March of 2018 for $23,600,000. 

Joel Goulding represented Investors Group in the sale of 2 County Court Blvd in Brampton. The 90,000 square foot mixed-use office & retail site sold for $17,700,000.


Know how. Know who. Know why. NAIOP programs help young professionals gain knowledge and make connections.

Sign up to participate in the 7th Annual Development Challenge. Deadline: Friday July 6. Earn industry-wide recognition and showcase your knowledge in a fun and competitive atmosphere.

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The Volleyball tournament is sold out to teams, however NAIOP welcomes registrations for the networking reception starting at 5:00 pm, July 26.  Location: Cabana Pool Bar, Toronto.

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NAIOP Greater Toronto’s annual Mentorship Program kicked into high gear in June. That’s when the session-booking process began and participating Developing Leaders (mentees) began selecting dates for hour-long mentoring sessions with mentors.  Once again, participation is outstanding with 98 mentors and 185 mentees registered in this year’s program. The mentors have made a total of 389 mentoring sessions available to DLs registered in the program, 96% of which are already booked.

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Several professional development courses are still available in the CREST calendar for 2018 (Commercial Real Estate Studies of Toronto). Register here

Previous issues of INSPIRE:

Winter 2018

Fall 2017

Spring 2017

DL of the Quarter

Elijah Antflick, Ripple Developments Ltd.

After spending ten successful years working in various roles with Rice Commercial Group, Elijah has embarked on the next stage of his career by launching Ripple Developments Ltd. This new entity will be opportunistically looking to invest in and develop low rise residential, urban infill mixed-use, and small bay industrial projects. Through joint venture and private syndication structures, Elijah hopes to make waves...not just Ripples.  

Elijah obtained his MBA degree from Ivey and caught the real estate bug during his co-op terms while completing his BComm from Dalhousie University. He plays tennis and hockey throughout the year and gets asked more than once a week if he plays basketball.

Welcome New DL Members

July 1, 2018 to Sept 30


Talar Sarkissian, Oxford Properties Group

Daniel Gutfranjd, CBRE Limited

Oliver De Guerre, Keyser Mason Ball, LLP

Hans Nanrah, Altus Group

Stephen Job, Diamond Corp.

Neha Singh, Oxford Properties Group

Casey Jameson, Altus Group

Niusha Arbabi, Fasken Martineau DuMoulin LLP

Rukhshan Khalid, JLL

Ryan Robinet, KPMG LLP

Sergey Kim, Turner Construction Company

Brendan Fox, Canada ICI Capital Corporation

Anton Bondarenko, Mohawk Realty Advisors

Angela Pun, Dream

Jesse Fragale, Avison Young

Debeena Kolattukudy   

Irfan Ali, Royal Bank of Canada

Sally Chen, Vancity Community Investment Bank

Jennifer Dik, HOOPP

Vincent Pugliese, CIBC

Ty Diamond, Diamond Corp.

Shawn Luo, Timbercreek Asset Management

Paul D'Amario, Forgestone Capital Management LP

Rishabh Kumar, Dream Unlimited Corporation

Jordan Morrison, Avison Young

Do Nhu, Nguyen            

Diana Grigore, Crestpoint Real Estate Investments Ltd.

Lisa Van Espen, CIBC

Helia Daryabeigy, MAVI Developments Inc.

Vince Xia, Winnermax Capital Inc.

Hitesh Bhardwaj, Morguard

Robyn Shapiro, TAS

Justin Leon, Montez Corp.

Shea MacDougall, Powers Brown Architecture

Lucas Zomparelli, Altus Group

Benjamin McFaul, Blackwood Partners, Inc.

Luca Cepparo, MCAN Mortgage Corporation

Josh Levine, Spire Capital Investments

Caroline Rauhala, Vancity Community Investment Bank

Michelle Caballero, Triovest Realty Advisors, Inc.

Ayelet Klaczkowski, KingSett Capital

Kim Nguyen, Bentall Kennedy

Shelley Wang, TD Securities

Jordan Young, Bentall Kennedy

Maria Tran, Royal Bank of Canada

Niall Sloane, Deloitte LLP