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New Acquisition to Priveda Capital

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May 27, 2024 | 

682 Views | 

Joanna Newman | 

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New Acquisition to Priveda Capital

Privéda Capital is pleased to announce its latest acquisition, 1900 Lincoln, a 12-story multi-residential building located in downtown Montreal.

Strategically situated in the heart of Shaughnessy Village, close to Concordia University and all downtown amenities, the 1900 Lincoln is a concrete structure built in 1959, comprising 96 units that offer excellent living environments for downtown Montreal tenants.

This strategic acquisition underscores Privéda Capital's ongoing commitment to enhancing its real estate portfolio with high-quality properties. The 1900 Lincoln, with its prime location and amenities, represents a valuable addition to the company. Residents will benefit from the immediate proximity to key services and infrastructure, including shops, restaurants, and public transportation.

The building, well-maintained and updated over the years, offers a variety of housing configurations to cater to a diverse clientele. Whether for students, young professionals, or families, 1900 Lincoln stands out for its ability to meet the varied needs of urban residents.

Thank you and congratulations to all our collaborators who made this transaction possible. Their dedication and expertise were essential in completing this acquisition.


Dov Amzallag: A Pillar of Montreal’s Real Estate Landscape

From Humble Beginnings to Real Estate Magnate

Dov Amzallag, a Montreal resident, has emerged as a prominent figure in the realms of entrepreneurship and real estate investment. Over nearly two decades, his keen eye for high-value opportunities has significantly impacted the real estate market. As the founder and president of Priveda.ca, Amzallag’s influence is deeply felt across the industry.

Early Life and Initial Ventures

Dov’s entrepreneurial journey began in his teenage years, marked by an innate business acumen that set him apart. At just 18, he delved into the local flea market scene, mastering the art of re-selling closeout items. This early venture showcased his growing business skills and hinted at his future successes.

Transition to Telecommunications

With a natural talent for sales and a magnetic personality, Amzallag transitioned to roles at Bell and Rogers, Canada’s leading telecommunication companies. His exceptional sales performance laid a strong foundation for his later ventures in the business world.

Discovering Real Estate

In his mid-twenties, Dov stumbled into real estate out of necessity. Seeking both residential and office space, he purchased a duplex, igniting a passion that would shape his career. This initial investment led to further acquisitions, including a sixplex and a 19-unit apartment building. His strategic approach and relentless drive quickly established him as a respected figure in Montreal’s real estate market.

A Unique Strategy for Success

Amzallag’s real estate strategy is anything but conventional. He employs a thorough evaluation process tailored to Montreal’s market dynamics, identifying promising investment opportunities. His deep understanding of local trends and neighborhood characteristics, combined with his ability to forecast value appreciation, has consistently resulted in successful investments.

Beyond Business: Philanthropy and Community Impact

For Dov, success isn’t just about financial gain. His philanthropic efforts, such as funding a music room in memory of his father, Alain Amzallag, underscore his commitment to giving back.

Balancing Business with Personal Interests

Outside of his professional endeavors, Amzallag finds balance through hobbies like fishing and exercising. These activities provide a necessary break from his business activities, while traveling offers a refreshing change of scenery and broader perspective.

Dedication to Charitable Causes

Dov Amzallag’s philanthropic reach extends to several 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 dedication to charitable work reflects his commitment to making a positive impact on the community.

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