Mitchell Goldhar
#1440

Mitchell Goldhar

Canada 64 years old Self-Made

Overview

Source of Wealth
Real estate
Industry
Real Estate
Residence
North York
Organization
Owner at SmartCentres
Education
York University (Bachelor of Arts/Science)
Marital Status
Single

Assets

  • Calloway Real Estate Investment Trust
    37,245,000 shares @ -
    -
    SRU.UT-CA

Biography

Mitchell Goldhar founded real estate firm SmartCentres in the early 1990s, then developed more than 265 shopping centers in the ensuing two decades.

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.

Goldhar, who chairs SmartREIT, also owns various developments across Canada through his private company Penguin Investments.

This includes a stake, along with SmartREIT, in the Vaughan Metropolitan Centre, a 100-acre master planned development north of Toronto.

Goldhar owns Israeli soccer team Maccabi Tel Aviv FC, which won the Israeli club league in 2019. He plays squash, tennis and hockey.

About

Goldhar studied political science at York University and teaches a real estate development course at the University of Toronto.

Goldhar convinced Walmart to let him open its first store in Canada in 1994, and went on to build 175 Walmart stores.