Geller’s Firm Spearheading Major Montreal Hospital Redev
(Richard Geller is among the 2025 Canadian Next Generation Award recipients, as selected by Connect CRE Canada. This profile explains how he stands out among his peers. Read about all of the award winners.)
Richard Geller launched ALTA Canada in 2020. The company invests in, develops and manages urban-located properties.
The company recently closed on the vacant Miséricorde hospital property in downtown Montreal. It plans to redevelop the site, with a 30-storey-plus, $500 million multifamily rental tower planned for the first phase. Alta is negotiating with groups about the remaining space on the site.
The company also acquired 2075 Robert-Bourassa, a high-rise office property in Montreal’s financial district and 1405 Bishop, a commercial space in downtown Montreal. Additional projects include the redevelopment of an old Montreal church into a mixed-use development.
Geller has been involved in real estate and construction for eight years, moving from property management into development. His company’s projects include the
These are just a few reasons we chose Richard Geller as one of Connect CRE Canada’s 2025 Next Generation Award winners. Connect CRE’s annual Next Generation Awards recognize young leaders who will have a strong influence on the commercial real estate industry.
Other News
Benedict Canyon Acquires Neighboring West Hollywood Properties
Marcus & Millichap completed the sale and financing of 884 and 939 Palm Ave., two multifamily properties totaling 72 units in West Hollywood. The assets traded for $29.85 million, or $414,583 per unit. Tony Azzi and Rabbie Banafsheha of The Azzi Group of Marcus & Millichap exclusively represented the seller, a private family investor. Azzi,...
Learn more
JLL Arranges Refi for Mixed-Use Residential on Long Island’s South Shore
JLL Capital Markets arranged a $154.25-million refinancing for Greybarn Amityville, a mixed-use residential property in Amityville, NY, owned by Rechler Equity Partners. Senior managing directors Peter Rotchford and Andrew Scandalios and director Clayton Ross arranged the financing through PCCP, LLC. “Lenders are looking closely at how a multifamily property performs today and at the owner’s...
Learn more
RioCan Repositions $235M In Assets, Including 80-Storey Yorkville Tower
RioCan is shifting $235M in residential development assets toward commercial uses, a move disclosed in its third-quarter results that raises questions about plans for an approved 80-storey condominium tower on Toronto’s Mink Mile. The tower at 83–95A Bloor St. W., planned with Parallax, received zoning approval in December 2024. But RioCan’s latest financial statements identify...
Learn more
Brokers
View All-
Remax Real Estate Professionals
Re/Max Real Estate Professionals
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Greg Corbin
Northgate Real Estate Group
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout