Our Story
At SiteLine, our journey began in 2005 when our Founder and President, Joshua M. Silber, started a new chapter in his real estate career. With a clear vision to be a responsible investor, Josh founded SiteLine with the guiding principles of transparency, accountability, and integrity. Today, our team of over 40 experienced professionals specializes in Canadian multi-family and commercial properties.
Our Approach to Multi-Family Real Estate
We take a hands-on approach to managing our multi-family properties, ensuring that each property is maximized to its full potential. Our goal is to provide our investors with superior risk-adjusted returns while maintaining the highest level of transparency and accountability.
Why SiteLine
Our core values of integrity, accountability, and transparency, combined with our experienced team, make us the ideal partner for your real estate investments. We pride ourselves on being a trusted and responsible investor, committed to our investors' capital.
Our Milestones
SITEline has proudly achieved many milestones throughout its history. Some notable achievements include:
- 2005: SiteLine was founded and began acquiring its first retail commercial portfolio
- 2009: SiteLine along with its partners purchased its first multi-family portfolio consisting of over 500 units throughout Ontario
- 2011: Purchase and development of a number of properties, including two acres in the downtown core of Toronto, which was re-zoned and sold in 2017
- 2012: SiteLine's founder establishes a fundraising partnership with SickKids Hospital in Toronto in support of world-class pediatric brain research
- 2015: Purchase of SiteLine's largest single multi-family portfolio to date, consisting of over 1,250 units at 14 properties, which was sold in 2019
- 2018: SiteLine begins to accumulate its existing multi-family portfolio consisting of over 1,200 units at 26 properties
- 2020: SiteLine continues to accumulate multi-family assets by acquiring 7 properties in the GTA and Ottawa, valued at $134 million
Transparency and Trust
At SiteLine, we believe that transparency is essential in building trust with our investors. We take pride in our open communication and regular updates on our investments and financial performance.
Sustainability
SiteLine is committed to sustainability and responsible real estate practices. We strive to reduce our environmental footprint by implementing energy-efficient solutions and sustainable development practices in our properties.
Philanthropy
SiteLine is deeply committed to giving back to our community. We believe that philanthropy is an essential part of our corporate social responsibility and strive to make a positive impact in the lives of those around us.
Our Team
Meet some of our experienced professionals below:
- Joshua M. Silber, President & CEO
- Gregg Warkentin, Vice President, Investments
- Elly Khalili, Director, Multi-Family Asset Management
- Sybille Welte, Vice President, Commercial Real Estate
- Murshed Nizam, CPA, CGA, ACCA, Controller
- Lily Bejleri, Vice President, Multi-Family Property Management
Multi-Family Residential
Multi-family residential buildings are a highly sought-after asset class in Canada, with a strong demand for housing and limited supply. At SiteLine, we focus on properties situated in key markets throughout the country.
Economic Fundamentals
The economic fundamentals supporting purpose-built multi-family residential buildings continue to be positive due to:
- Strong net migration
- Higher cost of housing
- A shortage of quality properties
As a result, the industry continues to experience steady growth.
Unsatisfactory Experiences
Many reviewers have expressed their disappointment and frustration with the company, citing a range of issues with the properties they've purchased or rented. Common complaints include delayed construction, poor quality work, and neglectful management.
Lack of Professionalism and Honesty
Several reviewers have accused the company of being unprofessional, rude, and dishonest. They claim that the company made promises they didn't keep, showed fake models or diagrams, and refused to accept responsibility for their mistakes.
Inadequate Communication and Response Time
Reviewers have also criticized the company for its slow response to issues and complaints. They claim that it takes weeks or even months to get a response to their concerns, leaving them feeling frustrated and ignored.
Unlivable Conditions
Several reviewers have reported defects and issues with the properties they've purchased or rented, including improperly installed shelves, poor-quality appliances, and inadequate construction. This has left them with significant expenses and inconveniences.
Recommendation
Overall, it's clear that many reviewers would not recommend this company to others due to their unsatisfactory experiences. The company's lack of professionalism, dishonesty, and poor quality work have resulted in significant problems and stress for its clients.
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