The biggest shareholder of Toronto-based Elad Canada is embarking on a rare deal during the pandemic that values the real estate company with holdings in Florida, Houston and Chicago at as much as 608 million Canadian dollars if prospective buyers take 100% control.
Elad Canada Deal, Rare for Its Size in Pandemic, Could Be Valued as High as $608 Million
Two Firms Offer to Buy Initial 37% Stake for Properties in Florida, Houston and Chicago Markets
By Garry Marr
CoStar News
July 14, 2020 | 3:18 P.M.
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