Ontario Real Estate And Development Industry Hires: Dec 2024

Like our ever-changing cities and towns, Ontario's real estate and development landscape (and the people who make it run) are also ever-changing. From new hires and retirements to promotions and partnerships, here are all the notable moves, updates, and appointments you should know about from the last 30 days of 2024.

Development

Daniel Hubert is promoted to Executive Vice President at Cushman & Wakefield.
Fengate announces Jordana Ross as Vice President of Development, Evo Genchev as Asset Manager of Commercial Asset Management, Wilson Yeung, CPA, CA as Vice President of Real Estate Finance, and Thanush Rajeswaran as Vice President of Portfolio Management.
Karmvir Rai joins CAPREIT as a Development Associate.
Lauren La Mouri joins Hullmark as Assistant Project Manager.
Toni Wodzicki starts as Vice President of Acquisitions and Investments at Broccolini.
Katrina Gorzheltson is promoted to Vice President of Investor Relations at Timbercreek.
Michael Marcelino joins Oxford Properties as Property Operations Supervisor after 11 years at BGO.
Edward Zhang joins SmartCentres REIT as a Senior Valuation Specialist.
Margaret Siller Herd retires from Park Property Management.

Brokerages

JLL Canada announces Luis Almeida as Executive Vice President, Daniel Smith as Senior Vice President, Kevin Irandoust as Associate Vice President, Rodrigo Silva as Associate Vice President, Jakub Vidimlic as Senior Sales Associate, and Kausi V. as Transaction Manager.
Royal Lepage COO Karen Yolevski joins Carson Dunlop as CEO in January.
Zara Wexler joins Chestnut Park as a Sales Representative.
Nipun Shivalkar is promoted to Associate Director at CBRE Canada and Adriana G. is promoted to Senior Project Manager.
Linda Ta will take on the role of Vice President of Commercial and Meet Juneja will be Director of Commercial for Baker Real Estate’s new Commercial Division.
Daniel Smith joins JLL Toronto as a Senior Vice President.

Government:

Ontario MP Nathaniel Erskine-Smith is named Housing Minister after Sean Fraser puts in his resignation in late-December.
Jason Thorne is appointed new Chief Planner and Executive Director of City Planning for the City of Toronto, effective December 30.

Other

The Real Estate Council of Ontario announces CEO Michael Beard will retire in February, and COO Brenda Buchanan will become interim CEO.
Michael Lindsay is appointed interim President and CEO of Metrolinx after Phil Verster announces his resignation of the post after seven years.
Caroline Baile is appointed to the Board of Directors at Canadian Women in Real Estate as the Executive Director of Strategic Growth and Innovation.
David Morley and Andrew Pariser joins the Skills Ontario Board of Directors as Chair of the Board and Vice-Chair.

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Appointment Notices

Ontario Real Estate And Development Industry Hires And Promotions: December 2024

Notable appointments include Ontario MP Nathaniel Erskine-Smith being named Housing Minister after Sean Fraser's resignation and Michael Lindsay being appointed interim CEO of Metrolinx in the wake of Phil Verster's sudden stepping down.

Development

Brokerages

Government:

Other

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The Government of British Columbia's new home flipping tax came into effect on January 1, 2025.

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The First Canadian Centre sits at 350 7 Ave SW in Calgary and was acquired by G2S2 Capital Inc. through Armco Capital Inc.

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