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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Corporation is engaged in the acquisition, development and sale of land, residential lots and homes in the greater Calgary area. It operates through two segments: land development and home building. As a land developer, Genesis acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multi-family and commercial parcels. It designs, builds and sells homes on a significant portion of its single-family lots and townhouse land parcels. It also acquires single-family lots from other land developers to build and sell single-family homes in additional CMA communities.


TSX:GDC - Post by User

Post by DanGood38on Feb 16, 2023 1:53am
582 Views
Post# 35289069

Neil Subin

Neil SubinI came across this article recently and thought some might find it of interest. As far as I can tell Neil Subin still controls roughly 8 million shares of GDC through the Llyod Miller trusts. This was where Mr. Miller lived before his passing in 2018: An ocean-to-Intracoastal Waterway mansion in Palm Beach sold for $46.25 million, and the buyer is reportedly tied to a celebrity fashion designer.

The Lloyd I. Miller III Trust, with attorney Neil S. Subin as trustee, sold the 20,936-square-foot home at 1930 S. Ocean Blvd.

Apparently this home was once owned by Conrad Black as well and now the Hilfigers. 

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