Sam Kolias

Sam Kolias

Sam Kolias is the Chairman and CEO of Boardwalk REIT (tsx2|BEI.UN). [ [http://www.theglobeandmail.com/servlet/story/LAC.20070308.RREITS08/TPStory/Business reportonbusiness.com: REITs confident of trust tax exemption ] ]

He and his brother Van Kolias, Senior VP of Quality Control of Boardwalk, are at #81 of the top 100 richest people in Canada as compiled by "Canadian Business" magazine for 2006.

They originally bought a large chunk of apartment real estate in Alberta and Saskatchewan. Through their public company, Boardwalk Rental Communities, they have entered B.C., Ontario, and Quebec. They got their start in 1984, using a $50,000 loan from their father. Today, Boardwalk has over $4,000 million in assets. The brothers share a 23% stake on a fully diluted basis.Fact|date=February 2007 The Koliases are devout Christians and are involved with charities that help the homeless; once a week, Sam serves food at a soup kitchen in Calgary.Fact|date=February 2007 Sam also keeps a toilet plunger under his desk, a reminder that success comes from "hands on" involvement in the business.Fact|date=February 2007

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