According to a source, he was born at St. Joseph's Health Centre. This includes a stake, along with SmartREIT, in the Vaughan Metropolitan Centre, a 100-acre master planned development north of Toronto. Mining and mineral stocks represent partial ownership in companies that find, extract, and process minerals and materials. We do not care who is Catholic and who is Jewishall are people, all are equal. var imagesArray = yq( "div[id^='citvCompId']" ); Dyer was born to Hazel Irene Dyer and Melvin Lyle but spent his adolescent years in an orphanage. Silvergate Stock Dives After Going-Concern Warning. var res; He is part owner of the company building the new 37-floor luxury building Meier on Rothschild in Tel Aviv. These are people who are driven to do things that will make the world better. In our meeting in Tel Aviv, she tells me, I didn't even have a clue of what my parents and their parents did during the war. yq('.magnifyPic'+value.id).css({background: "url(/images/articlepiclightbox/enlarge.png)"}) Mitchell Goldhar founded real estate firm SmartCentres in the early 1990s, then developed more than 265 shopping centers in the ensuing two decades. Upon her arrival in Canada, Sala Armel distanced herself from Poland and everything Polish. In May 2015, he sold most of SmartCentre's assets to SmartREIT (formerly Calloway REIT), for about $880 million in shares, cash and assumed debt. I realized that retailers didnt put themselves out of business, Goldhar says. Leafs great Salming was my childhood idol: 5 questions with Mitchell Goldhar - Video - BNN Mitchell Goldhar approached owner of Walmart stores, Sam Walton in the early part of the 1990s. Please email us at [emailprotected], subject line republish, with any questions or to let us know what stories youre picking up. John Mitchell was a trusted member of President Richard Nixon's inner circle and in 1972 resigned as attorney general to become director of the Committee to Reelect the President. 1. Nat Rothschild, 40, the British-Swiss scion of the famous Rothschild banking family. We keep an eye on every community in the country, it may sound crazy, but I relate very much to the average Canadians reality. He says. Video link: https://lnkd.in/gAUHB2R8 The pandemic brought the issue of Executive Chairman and CEO . And it's. TORONTO, Feb. 06, 2020 (GLOBE NEWSWIRE) -- SmartCentres Real Estate Investment Trust ("SmartCentres") (TSX:SRU.UN), the Penguin Group of Companies ("Penguin") owned by Mitchell Goldhar, and. 1. Goldhars top investment option today isnt land for new developments or even some obscure piece of real estate hes plucked from motivated sellers. Visit the official Facebook, Instagram, Twitter and YouTube accounts of Mitchell Goldhar. anonymously (anonymous users cannot post links). Sala insisted on staying in the destroyed Poland while pining for her parents. But what is the reason for so many this year? SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) Q2 2022 Earnings Conference Call August 12, 2022 10:00 AM ETCompany ParticipantsMitchell Goldhar - Executive Chairman & Chief. Do you want to know whether Mitchell Goldhar is married or unmarried? Mitchell Goldhar is buying up SmartCentres shares like they're going out of style. 20ms. STEVEN MITCHELL GOLDHAR It is with great sadness and heavy hearts that we announce his sudden passing on Thursday, April 13, 2017. Goldhar owns Israeli soccer team Maccabi Tel Aviv FC, which won the Israeli club league in 2019. We began searching for the family on our own with the help of organizations and lawyers that specialize in this type of things. Assess the banks risks One of the biggest risks a bank has is losing money on an outstanding loan. Despite all the chaos in the world today, Goldhar is aggressively adding to what he thinks is a painfully undervalued investment. Mattamy Homes' CEO, Peter Gilgan was born in 1951 in Burlington, Ontario, Canada. yq('.magnifyPic'+value.id).mouseout(function(){ He passed away on August 29, 2015. Based on their last names, they could have been my distant relatives.. Energy stocks represent partial ownership in companies that supply electricity and fuel for the global economy. All, with the exception of Sala, were murdered during the Holocaust, in all probability at the Belzec concentration camp, to which about a half million of eastern Galicias Jews were sent. The two are apparently still happily married. Mitchell is the Executive Chairman and largest shareholder of SmartCentres REIT, publicly traded on the TSX with assets of $10.4 billion. Video link: https://lnkd.in/gAUHB2R8 The pandemic brought the issue of Mitchell Goldhar, 51, the Canadian real estate tycoon (listed as the 20th richest Canadian) who also owns the Maccabi Tel Aviv soccer team. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. He started off trying to sell the concept of discount malls. We hope you get the information about Mitchell Goldhar. She later quit her job and ended up marrying Ziff. That puts shares at just over eight times the REITs trailing earnings. This case is about the right of a Canadian citizen and Ontario resident to vindicate his reputation against those who would, on the internet, attack his reputation in Ontario, the place } According to the various source, there is an approximate asset that is net worth. 2. Reflects change since 5 pm ET of prior trading day. He purchased this Florida home in 1998 for $975,000. imgTitle = yq(value).children().find('.citv_title').html(); Mitchell Goldhar. yq("a.artImageLightbox").click(function(event){ Know the mining industry The mining industry is fairly complex. In front of our eyes a generation of Israeli children that will be positively affected by the Clubs values - reciprocity, partnership, dedication, adherence to rules and putting the team first over the individual. A dividend is more like a bonus that comes to you in the form of cash or more shares in the companys stock. Elijah Mitchell is questionable for the 49ers, leaving the status of a key player in the NFC Championship Game in doubt. Years later, they are still together, living in his $7 million home and caring for their dog. So what is the current networth of Mitchell Goldhar? yq(value).find('a').attr('title' , imgTitleFinal); The letter also describes her transfer to another town where the mother of the teacher lived, and her being found in 1944 by Dr. Shor himself. No, Goldhar is simply using the weakness to load up on what he views are insanely undervalued shares of his own company. Let's. His father successfully transformed a carpet-contracting business into a commercial development firm. (navigator.userAgent.toLowerCase()); : Some Of 2022s Notable Reissues, Elijah Mitchell Injury Places Pressure On San Francisco 49ers Rookie Running Backs, Meet The New Class Of George J. Mitchell Scholars, Shay Mitchell And Elsa Hosk Designed A Chic Baby Collection For BIS, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. Despite this lead, the mystery remained unsolved until about six years ago, when Barbaras family tree was uploaded to a Polish website. One example of diversification in action: tech stocks performed fairly well during the recent pandemic-induced recession, whereas other sectors, such as banking and energy, took a hit. In May 2015, he sold most of SmartCentre's. But the numbers tell just a part of the story. Take a look at the following table for more information. Make these dividend stocks a regular in your, March 3, 2023 | Mitchell Goldhar isnt like most other real estate developers. He has been investing for more than 15 years and is now primarily focused on helping other investors build up a dependable stream of passive income. Racism in sports is the malignant disease of our time and should be eradicated at the source. The birthday of Mitchell Goldhar is on None. We all know that is it almost impossible to say someones total asset and how much he or she earns every month. To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. Follow me on Twitter at @luisakroll or subscribe to my facebook page. He was the eldest of four siblings and son of Jacob Goldhar, a dyer and his wife Rachael, nee Hirshkowitz. Founder of SmartCentres Real Estate Investment Trust, Mitchell Goldhar is a businessperson who has been at the helm of 6 different companies and holds the position of Executive Chairman for SmartCentres Real Estate Investment Trust, President & Chief Executive Officer at SmartCentres, Inc. (a subsidiary of SmartCentres Real . Tuna, who is its president, is now engaged to Moskovitz. What are bank stocks? [4], On December 30, 2011, Goldhar issued a libel notice against Haaretz, an Israeli newspaper, after they published an article that Goldhar claimed was libel. As we do not have all data currently, we keep some fields blank which we will update soon. If youre looking for stocks for beginners, youve come to the right place! }); Copyright 2023 St. Joseph Communications. Loving mother and mother-in-law of Sandy and Myron Hambourg, Marsha and Keith Cohn, Rochelle and Larry Cohn, and Melanie and the late Jerry Goldhar. What are you waiting for? Site developed by Copyright Yedioth Internet. His father, Ronald Oelbaum z'l, served as the president of both the Toronto Chapter and National Board of Directors. Analyze its financial strength Investors should find mining companies that can withstand economic downturns and recessions. The lower the efficiency ratio, the more revenue a bank theoretically has. Investing in tech companies exposes you to a different sector in the market, helping you capitalize on gains, as well as minimize overall losses when market downturns affect other sectors. imgTitleFinal += "" + "(" + imgCredit + ")" + "" ; To be clear, this money isnt a capital gain, which you earn when share prices go up or when you sell the stock for profit. Goldhar studied political science at York University and teaches a real estate development course at the University of Toronto. The man is a legend. But thats not always a bad thing. Our goal is to help every Canadian achieve financial freedom. Mitchell Goldhar is the owner of the Penguin Group of Companies. In 1945 they moved to the large Polish city of Krakow, before moving on to the land of Israel. var imgTitle; Does this mean you are not concerned by online sales? She did not tell me anything about her heroic acts; her life in Communist Poland was difficult enough. Our staff of experts help find some of the best beginner stocks for Canadians. In May 2015, he sold most of SmartCentres assets to SmartREIT (formerly Calloway REIT), for about $880 million in shares, cash and assumed debt. Puja Tayal, How to earn $225 in monthly tax-free passive income in seven years. } else { We deeply regret what the Germans did to them in the Holocaust, and we are deeply amazed at the achievements of the Jewish State. See our full guidelines for more information, and this guide for detail about canonical URLs. Mitch Goldhar spent a decade teaching at the University of Toronto, first in the geography department, and more recently at the Rotman School of Management. The Oelbaum commitment to BGU spans several generations. Hence, he gifted $10 million USD to the hospital in 2017 and paid tribute to his parents and childhood. Homes - Celebrity - Business Its located at the intersection of two of Canadas busiest highways, and its just 45 minutes away from Downtown Toronto via subway. More recently, SmartCentres' capabilities have grown to include a variety of urban mixed-use residential, office and industrial . A partial list of some of the noteworthy archival music that came out this year. yq('.magnifyPic'+value.id).mouseover(function(){ If he thinks SmartCentres shares are undervalued here, Im going to err to his judgement. Here's how a TFSA can help you generate, March 3, 2023 | SmartCentres (905) 326-6400 ext. When this project is completed, itll offer 12,000 residential units, 750,000 square feet of retail space, and some 1.5 million square feet of office space. } I did everything I could to forget, she recalls. Loving and devoted father of Laura, and Sean. He owns the Israeli Soccer team Maccabi Tel Aviv FC. After the Red Army freed the town in 1944, local Holocaust survivors began to search for Jewish children that were hidden with Poles and Sala was found by Dr. Israel Shor. They are: Eduardo Saverin, 30, Facebook co-founder (played by the hot Andrew Garfield in The Social Network), who now lives in Singapore. Loyal and satisfied employees will workand stayfor you. Ladies, the Shmooze has already done your homework for you. Goldhar is the billionaire owner of SmartCentres, Canada's largest developer and operator of unenclosed shopping centres. yq('#'+value.id).mouseover(function(){ if (imgTitle != null) He recently brought the 78-year-old Barbara Ribzinski, the daughter of Anila Dembinski, to Israel in his private plane along with Pavel, one of her grandchildren. (But theres a catch: According to The Algemeiner, he has been living for the past two years with Yael Nizri, a former Miss Israel). if (res != null) jQuery(".artImageLightbox").colorbox({rel:'group3', transition:"none", width:"980px", height:"551px"}); So, in this article, we discussed all information about Mitchell Goldhars net worth, wiki, bio, career, height, weight, family, pics, affairs, car, salary, age, and other details in 2022. SmartCentres Real Estate Investment Trust (OTCPK:CWYUF) Q3 2021 Results Earnings Conference Call November 11, 2021 4:00 PM ETCompany ParticipantsMitchell Goldhar - Executive ChairmanPeter. cache 6h 0m We made progress in a number of areasmanagement, team spirit, a new team culture. str = value.id; All rights reserved. Co-owner Angus Mitchell has devoted himself to carrying on his father Paul Mitchell's legacy. }); Many people want cleaner energy. Brian Paradza, CFA, Canadian Natural Resources may allocate 100% of free cash flow to stock investors soon, and exponentially grow dividends. Return on equity (ROE): this metric tells you how much profit a bank makes from its shareholders equity. Canadian real estate developer Mitchell Goldhar, whose estimated net worth comes in at $1.5 billion, owns the Israeli soccer club, Maccabi Tel Aviv F.C. I looked. The case has reached the Supreme Court of. { The market is treating SmartCentres units as if 50 per cent of our retail space in existence will be closed not just for two weeks, not just for one month or for three months, but forever, never to open or be leased again, ever, to anyone, as if the buildings will disappear off the face of the Earth, along with the land under them, never again to generate revenue.. With the net worth of $1.9 Billion, Mitchell Goldhar is the #821 richest person on earth all the time in our database. Barbara and Sala fell into each others arms. Here are three top stocks, March 4, 2023 | Change in rank from 2017: 1 Goldhar comes from a family of entrepreneurs: His grandparents, Jewish immigrants from Poland, ran a midtown Toronto cigar store. We added the information below. Pinchas Goldhar (1901-1947) Celebrated Yiddish writer Pinchas Goldhar, was born in Lodz on 14 June 1901. The next birthday of Mitchell Goldhar is on : yet to update. From a business perspective, Goldhar assures, this will also have its advantages: former retail space will be converted into offices and residences. The birthplace of Mitchell Goldhar is North York. I am Basha do you remember?'". " Abraham has a wife, ten children, four daughters-in-law, and four grandchildren that are said to be dependent on Abraham for living expenses and all living in the family home." That's a lot of. Plaintiff (Respondent) FACTUM OF THE RESPONDENT, MITCHELL GOLDHAR : PART I - OVERVIEW AND FACTS : 1. Goldhar summarized his position on SmartCentres shares with this quote in The Globe and Mail: The markets valuation of SmartCentres makes no sense. Location: Toronto Age: 56. Copyright 2023 The Forward Association, Inc. All rights reserved. [5][6] Haaretz responded by challenging the lawsuit, on the basis of a lack of jurisdiction and forum non conveniens. Do you want to know what is the educational qualifications of Mitchell Goldhar? Thats right. Aditya Raghunath, Value investors can buy cheap TSX stocks such as Exchange Income Corp right now and benefit from steady gains in, March 4, 2023 | In 2015, Goldhar merged his company with Calloway REIT, another Walmart-focused landlord, creating SmartCentres REIT (TSX:SRU.UN) in the process. In Canada, some top dividend stocks include: Procter & Gamble Pembina Pipeline Brookfield Infrastructure Partners Fortis Inc. Polaris Infrastructure [KevelPitch/] Check back here for the most up to date information about dividend stocks in Canada. Mitch Goldhar is a wealthy Canadian entrepreneur, businessman and real estate mogul (his net worth is estimated to be about $2.4 billion), who became known in Israel when he purchased the Maccabi Tel Aviv soccer club in 2009 . For our list of the dozen most eligible we left off those who are engaged or seem close to taking that step (thus why Zuckerberg isnt included), but kept a couple of others whose status was less clear. Here are some minerals these companies extract: Precious metals: gold, silver, platinum, palladium Industrial metals: iron, ore, zinc, cobalt, lithium, nickel, copper, aluminum Construction materials: sand, crushed stone, limestone Energy materials: coal, oil sands, uranium Fertilizers: boron, potash, phosphate How can you find good mining stocks? Led by Executive Chairman Mitchell Goldhar, SmartCentres has been amassing an enviable portfolio of retail space in ideal locations with a focus on the largest markets in the country. Manulife Financial, March 3, 2023 | Do you wanna know the Mitchell Goldhars full Biodata? Over the last month or so, Goldhar has quietly purchased more than 250,000 SmartCentres shares, steadily buying as shares melted down. Mitchell Goldhar is Chairman of the Board of SmartREIT and its largest unitholder. function PushOpeningPicture() { After graduating from high school, Dyer joined the United States Navy. jQuery(".artImageLightbox").colorbox({fixed:true}); His father, Leo, transformed a carpet-contracting business into a. Ct noted Goldhar's significant business and reputation in Israel, and although she found that there were factors that would have favored a hearing in Ontario she held that these factors should not be given as much weight as those that favored the hearing in Israel (para. yq.each(imagesArray, function( index, value ) { Donovan Mitchell Takes On Leadership Role In NBPA, Keeping Your Talent: Using Training, Retraining, And Upskilling To Keep And Develop The Best, Best Stocks For 2023: Forbes Gurus Favor Dividends, Small-Caps And 2 Crypto Banks, Injury To 49ers Elijah Mitchell An Underrated Subplot In NFC Championship Game, How Angus Mitchell Carries On His Father Pauls Legacy, Putting Donovan Mitchells Historic Night Into Perspective, Shay Mitchells Secrets To Packing Beauty Products And Traveling In Style, NBA 2K23: Donovan Mitchells Moments Card Projection, Blondie, Beatles, Joni Mitchell, Notorious B.I.G. SmartCentres Real Estate Investment Trust (CWYUF) CEO Mitchell Goldhar on Q2 2022 Results -. For two years she was moved to three different orphanages and held on to the one and only prewar picture she had of herself and her parents taken in the summer of 1939. Mitchell Goldhar is buying up SmartCentres shares like they're going out of style. March 4, 2023 | Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people around the world achieve their financial goals through our investing services and financial advice. } Crypto banker delays annual report, saying it needs more time to tally up what are likely to be negative developments. The Sports, philanthropy and teaching aside Goldhars primary passion is work. In fact, Goldhars own company Penguin Investments is partnering with SmartCentres on the latters marquee project, a massive mixed-use project in Vaughan, Ontario. You feel the natural warmth. Mitchell Goldhar, 51, the Canadian real estate tycoon (listed as the 20th richest. According to the S&P Global Market Intelligence, Shnaider sold shares . Bernice Goldhar, beloved wife of the late Max. For some reason, I dont think hell have any trouble finding someone. November 9, 2017. var lengthTitle = 90; Nationality: Canada. Sustainability always has been a priority for John Paul Mitchell Systems (JPMS), the first professional hair care company to take a stand against animal testing and make a strong commitment to giving back. Its important to note that not all companies pay out dividends. As of 2022, the current net worth of Mitchell Goldhar is $3.15 B. { And yet it trades at a significant discount to book value. The mothers of the seven Jewish (or Jew-ish) men who make up more than half of Forbes list of the 12 most eligible billionaire bachelors must be kvelling. Finally, Sala says, I gave up on waiting. }); Sala Goldhar (ne Armal) was eight years old when the World War Two ended for her in 1944. April 4, 2012. The physical condition of Mitchell Goldhar is good. To do that, you can use the following metrics. "What I've experienced and learned is that a vision to be achieved must represent incremental change . His net worth is reported to be $1.6 billion. St. Joseph Communications uses cookies for personalization, to customize its online advertisements, and for other purposes. In sports, he adds, as with conquering outer space not everything is measured in monetary terms. Here are two top picks! So, who are these must-have guys from the tribe, who are not currently in serious relationships and are on the lookout for life partners? He has been known to load up his RV and head out on the road, camp in front of walmart parking lots, chats with consumers and pretends to be an ordinary shopper. And amid this financial crisis, hes buying shares of SmartCentres REIT (TSX:SRU.UN). The one I like to tell involves a young Forbes reporter, Natasha Bacigalupo, who started dating billionaire publishing scion Dirk Ziff in the 1990s after meeting him while on assignment. He is part owner of the company building the new 37-floor luxury building Meier on Rothschild in Tel Aviv. } }) Copyright 2023 St. Joseph Communications. Mitchell Goldhars actual age is Unknown and his birthday is on None. Goldhar took to the podium to deliver his keynote address sharing many of his formative memories, life accomplishments and, unexpected detours during his career. Goldhars grandparents, immigrants from Poland, ran a cigar store in Toronto. Mitchell Goldhar Net Worth, Bio, Wiki, Age, Family, Height, Weight, Wife, Mitchell Goldhar Net Worth and Salary 2022, Mitchell Goldhar Age and Birthday Info 2022, Mitchell Goldhars Height, Weight and Physical Condition, Mitchell Goldhar Girlfriend and Marital Status, Mitchell Goldhar Educational Qualifications, Bom Kim Net Worth, Wiki, Bio, Age, Height, Weight, Family, Wife, Remo Ruffini Net Worth, Bio, Wiki, Age, Family, Height, Weight, Wife, Career, Samir Mehta Net Worth, Wiki, Bio, Family, Age, Height, Weight, Wife, Career. var isMobile1 = _isMobile(); var imgTitleFinalAlt; Mitch Goldhar is a wealthy Canadian entrepreneur, businessman and real estate mogulhis net worth is estimated to be about $2.4 billionwho became known in Israel when he purchased the Maccabi Tel Aviv soccer club in 2009. One of the businesss flagship developments, a 400-acre downtown for the city of Vaughan, Ont., north of Toronto, made progress last fall when lead tenant KPMG moved into the first office building. Mitchell Goldhar Net Worth: $2.77 billion ( 16.4% from 2017) Rich 100 rank: #38 Change in rank from 2017: 1 Major company holdings: SMART REIT Location: Toronto Age: 56 Mitchell Goldhar owes his fortune largely to Smart REIT, a retail and mixed-use real estate development company that boasts 31 million square feet of leasable space. And its the energy sectors challenge to make clean energy available and profitable, too. In my social circle, there is no anti-Semitism, Ribzinski says. { Mitch understands how just a little bit of encouragement can go a long way. The ship docked at Ellis Island at the entrance to New York harbor. Approx. Another 92 are divorced and 6 are separated. But every now and then there is that story that gives hope to thousands of young women around the globe. December 24, 2015, Rich 100 rank: #38 Mitchell Goldhar approached owner of Walmart stores, Sam Walton in the early part of the 1990's. Walton initially rejected the initial proposal, Goldhar brought to develop Walmart stores in Canada, but the latter's persistence and confidence finally convinced Walton to take a plunge into Canadian waters. In an interview with Nahum Barnea in the summer of 2011, Mitch Goldhar talked about his businesses in Canada (commercial real estate and shopping centers), about his partnership with the large retail corporation Walmart and his motivation to buy the Maccabi Tel Aviv soccer club. The Mitchell Goldhar Surgery Unit at Cortellucci Vaughan Hospital features seven operating suites, two angiography/interventional radiology rooms and one procedure room. Mitchell Goldhar is a Canadian billionaire and businessman. But how much of this does he owe to the unique individual figures we're seeing this year? What about the racism issue on Israeli footballs fields? Are you looking for stocks to add to your portfolio this year? My father was arrested in the Soviet Union during the dark Stalinist years, sent to a gulag work camp, and there he died of starvation and torture. dataLayer.push({'event': 'GA_Event_zynet', 'Category': 'Article Gallery', 'Action': 'Show', 'Label': 'http://www.ynet.co.il/english/articles/0,7340,L-5372325,00.html'}); To make the world smarter, happier, and richer. res = str.replace("citvCompId", ".magnifyPiccitvCompId"); The increased scale will allow the company to tackle more mixed-use urban developments. Questioning an investing thesis even one of our own helps us all think critically about investing and make decisions that help us become smarter, happier, and richer, so we sometimes publish articles that may not be in line with recommendations, rankings or other content. Surgical teams have the latest smart technology at their fingertips so care is faster and more efficient than ever before. Mitchell Oelbaum is the National President of Canadian Associates of Ben-Gurion University of the Negev. Net Worth: $1.9 Billion. For that reason, youll rarely see growth companies, small caps, or start-ups issue dividends. From the mining process to machinery to the minerals themselves, mining investors will do well to know exactly what a mining company does before buying its stocks. Some FAQs (Frequently Asked Questions) about Mitchell Goldhar. He's Wal-Mart's key property partner in Canada. Teddy Sagi, 40, the Israeli hi-tech entrepreneur. Mitchell Goldhar is buying up SmartCentres shares like theyre going out of style. Priscilla Chan met her boyfriend, Mark Zuckerberg, when they were freshmen at Harvard. He was buying as the stock collapsed from $30 per share all the way down to $15 per share. Mitchell Goldhar: 2016-10-12: Correspondence received from, Return of the C/A order form: Haaretz.com: 2016-09-27: Letter acknowledging receipt of an incomplete application for leave to appeal and without formal Court of Appeal order, File opened on 2016-09-27: 2016-09-26: Certificate (on limitations to public access) 17 Juin 2022 | dangerously in love cover art | dangerously in love cover art The real estate mix is already changing, according to him, but at a pace much less dramatic than reported in the media.. In May 2015, he sold most of SmartCentre's assets to SmartREIT (formerly Calloway REIT), for about $880 million in shares, cash and assumed debt.