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New Acquisition: Priveda Capital Enriches Its Portfolio

Priveda Capital new acquisition enhancing investment portfolio

June 25, 2024 | 

569 Views | 

Joanna Newman | 

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Priveda Capital is excited to share the news of its latest acquisition: 5010 Macdonald. This impressive three-storey multi-residential property boasts 34 spacious apartments, adding a significant asset to our portfolio. Situated strategically at the intersection of Hampstead and Côte Saint-Luc, the property is ideally positioned just 750 meters from the Snowdon metro station, ensuring easy access to public transportation. Additionally, it is located near various neighborhood amenities, enhancing its appeal for residents.

We extend our heartfelt gratitude and congratulations to all our collaborators who played a crucial role in making this transaction possible. Your hard work and dedication have been instrumental in this successful acquisition.

This new acquisition is a testament to our ongoing commitment to strengthen our position in the real estate market and provide superior quality residences. We are confident that 5010 Macdonald will bring significant added value to our portfolio and meet the expectations of residents seeking comfort and convenience.

Priveda Capital remains firmly committed to exploring new investment opportunities that will further enhance our offerings and satisfy our investors.

About Priveda Capital

Strategic Investment in Greater Montreal: A New Paradigm
Priveda Capital is redefining investment strategies with a comprehensive approach uniquely tailored to the Greater Montreal market. Moving beyond traditional models, our method involves a thorough evaluation process that considers local trends, neighborhood dynamics, and potential value appreciation. This meticulous strategy ensures our investments are closely aligned with the financial objectives of our investors, providing them with opportunities for substantial returns.

Local Insight and Transparent Communication
At Priveda Capital, we place a premium on local expertise. Our deep understanding of the Greater Montreal region enables us to offer keen insights into its unique market intricacies. We pride ourselves on transparent communication, offering our investors clear updates from initial evaluations through to project milestones. This openness fosters trust and confidence, creating a strong foundation for successful investments.

Innovative Solutions for a Dynamic Market
In the rapidly evolving landscape of Greater Montreal, innovation is key to staying ahead. Priveda Capital is committed to continuously exploring cutting-edge technologies and methodologies tailored specifically to this vibrant market. Our forward-thinking approach ensures that our investors are well-positioned to capitalize on emerging opportunities, maintaining a competitive edge in a dynamic environment.

About Dov Amzallag

Dov Amzallag, a Cornerstone in Montreal’s Real Estate Scene

From Flea Markets to Real Estate Tycoon
Dov Amzallag, a stalwart of Montreal’s entrepreneurial and real estate sectors, has risen to prominence through nearly two decades of astute investments and visionary leadership. As the founder and president of Priveda.ca, Amzallag’s impact reverberates throughout the industry.

Early Endeavors and Initial Successes
Amzallag’s business journey began in his teenage years, driven by an intrinsic entrepreneurial spirit. At just 18, he entered the local flea market circuit, excelling in the resale of closeout items. This venture not only honed his business acumen but also foreshadowed his future achievements.

Making a Mark in Telecommunications
With a natural flair for sales and a charismatic persona, Amzallag transitioned to roles at Bell and Rogers, two of Canada’s leading telecommunications companies. His outstanding sales record during this period provided a solid foundation for his subsequent business endeavors.

Real Estate Discovery
In his mid-twenties, a quest for residential and office space led Amzallag to purchase a duplex, sparking a passion for real estate. This initial investment paved the way for further acquisitions, including a sixplex and a 19-unit apartment building. His strategic insight and unwavering determination swiftly earned him a respected place in Montreal’s real estate market.

Crafting a Distinct Strategy for Success
Amzallag’s approach to real estate is distinguished by its meticulousness and adaptability. He employs a comprehensive evaluation process tailored to Montreal’s unique market dynamics, identifying lucrative investment opportunities. His deep knowledge of local trends and neighborhood specifics, combined with his foresight into value appreciation, consistently translates into successful investments.

Philanthropy and Community Engagement
For Amzallag, success transcends mere financial gain. His philanthropic initiatives, such as funding a music room in memory of his father, Alain Amzallag, reflect his dedication to giving back to the community.

Harmonizing Business with Personal Passions
Outside his professional life, Amzallag finds equilibrium through hobbies like fishing and exercising. These activities offer a necessary respite from his business pursuits, while travel provides a refreshing change of scenery and a broader perspective.

Commitment to Charitable Work
Amzallag’s philanthropic efforts extend to numerous organizations, including the Just for Kids Foundation, CIBPA Foundation Bursaries, CHABAD Network, MADA Community Center, Federation CJA, and the Solomon Schechter Academy Children’s Foundation. His unwavering dedication to charitable causes underscores his commitment to making a positive impact on the community.

In Dov Amzallag, Montreal finds not just a real estate mogul, but a dedicated philanthropist whose influence extends far beyond the business world.
 

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