Who is Elly Reisman?
In the landscape of real estate, few names resonate as prominently as Elly Reisman. As the Chairman of Great Gulf Homes, a company he co-founded with his brother in 1975, Reisman has significantly shaped the residential real estate sector. Born in 1950, Reisman, who’s married to interior designer Dragana Maznic, is the father of three: Elissa Reisman, Josh Reisman, and Faryl Reisman.
Key Takeaways
- Elly Reisman, co-founder and chairman of Great Gulf Homes, has played an instrumental role in the residential real estate industry.
- Reisman’s wife, Dragana Maznic, is a successful interior designer and former Design Director at Great Gulf.
- Great Gulf Homes is a Toronto-based, award-winning builder and developer, known for constructing over 80,000 homes and the iconic One Bloor tower.
- The Reisman family also holds shares in the US-based home builder, Ashton Woods.
- Reisman’s net worth is estimated at around $500 million, with some speculations suggesting billionaire status.
Meet Dragana Maznic: An Interior Design Powerhouse
Dragana Maznic, Reisman’s wife, boasts a successful career as an interior designer. She once held the esteemed position of Design Director at Great Gulf, bringing her expert eye and unique touch to numerous projects.
Inside Great Gulf Homes: A Residential Real Estate Leader
Great Gulf Homes stands as an award-winning builder and developer in the arena of residential real estate. The company, co-founded by brothers Elly and Norman Reisman, has established itself as a significant player in the industry.
Headquartered in Toronto, Great Gulf Homes has delivered more than 80,000 homes, illustrating the scope and reach of their influence. The company, with a team exceeding 1,500 employees, is a true real estate heavyweight.
A notable accomplishment under their belt is the construction of the second tallest residential tower in both Toronto and Canada, aptly named One Bloor. This mixed-use development offers residential, retail, and office spaces and stands as an iconic fixture in Toronto’s skyline. Located at the bustling intersection of Yonge Street and Bloor Street, One Bloor soars 76 stories high, making it one of the tallest residential buildings in Canada.
Exploring the Reisman Family’s Stake in Ashton Woods
The Reisman family’s influence extends into the US housing market as well, being shareholders of Ashton Woods. This US-based home builder specializes in designing, constructing, and marketing high-quality single-family detached homes, townhomes, and stacked-flat condominiums.
Unraveling Elly Reisman’s Net Worth
Reisman’s significant contributions to the real estate sector are reflected in his substantial net worth, estimated at around $500 million. While some speculate his wealth could classify him as a billionaire, these estimations remain unconfirmed.
Sources
https://www.greatgulf.com/about-us
https://en.wikipedia.org/wiki/One_Bloor
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