Sam Kolias

Sam Kolias is the chairman and CEO of Boardwalk REIT (TSX: BEI.UN).[1]

He and his brother Van Kolias, Senior VP of Quality Control of Boardwalk, are at #81 of the top 100 richest people in Canada as compiled by Canadian Business magazine for 2006.

They originally bought a large chunk of apartment real estate in Alberta and Saskatchewan. Through their public company, Boardwalk Rental Communities, they have entered B.C., Ontario, and Quebec. They got their start in 1984, using a $50,000 loan from their father. Today, Boardwalk has over $4 billion in assets. The brothers share a 23% stake on a fully diluted basis.

  1. ↑ reportonbusiness.com: REITs confident of trust tax exemption
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