Dimitrios Jim Neilas

Early life

In 1995, Jim Neilas earned a BA with Honours from York University. He also attended Osgoode Hall Law School, graduating in 1998. In 2000, he was called to the bar by the Law Society of Ontario and is still a member in good standing. He was employed as VP of Financing for a mid-size real estate company that focused on acquiring and turning around smaller-than-average and mid-size offices in Toronto’s downtown core. There, he was responsible for starting and heading the capital markets division. He left the company in 2004 to start his own financial services company.

Career

Jim Neilas is the owner and founder of Neilas Inc., a Toronto-based real estate development company that was formed to supplement the void in the marketplace for small-scale, higher-quality boutique condominiums. The company raised the standard of condominium design in Toronto, by creating unique and beautiful living spaces in ideal urban locations.

The company’s first completed development was the CUBE Lofts in the Little Italy Neighborhood of Toronto, which received a great deal of positive attention from the public and the media. The company is also responsible for the sophisticated design and marketing of its Stage East Lofts development in Toronto’s Leslieville neighbourhood.

In a press release dated November 22, 2016, the Toronto-based developer Neilas Inc. rebranded to Storey Living, a leading luxury living development company. The company would go on to be known for its award-winning condominium projects. Jim Neilas turned the company’s attention to creating higher-quality rental units to answer the demand for better rental options. While the company previously focused on land development, Jim Neilas wanted the name to signal its new direction and growth as a rental company.

Net Worth

Jim Neilas’ net worth isn’t public information. However, he has successfully completed a number of projects that are estimated to have generated returns of over 12% per annum and well above one hundred million in capital.

Achievement

Jim Neilas has executed the development of numerous successful, luxury properties throughout his career, resulting in successful returns on investment for himself and investors:

Jim Neilas has executed the development of numerous successful, luxury properties throughout his career, resulting in successful returns on investment for himself and investors:

• CUBE Lofts in Little Italy
• StageEast Lofts in Leslieville
• Adelaide Street Lofts at Adelaide and John
• Widmer Street Lofts