THE BELGROVE TEAM.

Attractive investment opportunities from an established management team.
Elliott Sud
Chairman
Elliott Sud
Chairman
Elliott is Chairman and a principal of Belgrove Capital. He is also President of The Sud Group of Companies, a family firm founded by his father over 55 years ago. It has a well-established base in Toronto and a proven track record in various classes of real estate throughout Ontario. Under his leadership the firm has significantly expanded its holdings in both scale and diversity of asset class and property type. Elliott has been active in sourcing and investing in new real estate development opportunities and joint ventures in Phoenix, AZ and other parts of the USA over the past 20 years. He is also President of PB Bell Investment Management Inc., a real estate private equity and asset management firm. Elliott has an Honours BA from York University and a JD from Nova Southeastern University in Florida.

[email protected] | 416.820.9000 


Adrian Rasekh
CFO & Director of Real Estate Development
Adrian Rasekh
CFO & Director of Real Estate Development
Adrian is the CFO, Director of Real Estate Development, and a Principal of Belgrove Capital. Adrian is also the Director of Finance for PB Bell Investment Management Inc. where he is involved with all aspects of financial underwriting, construction financing and real estate capital strategies for its existing portfolio. Adrian had a twelve-year career in real estate finance which included brokering commercial real estate debt with CBRE Capital Markets and lending both construction and term debt facilities across all asset classes with GE Capital. Adrian also has strong experience in underwriting acquisitions and dispositions while providing advisory work for private equity funds and institutions while working at Ashlar Urban Realty. In addition, Adrian is currently the Director of Development and Finance for The Sud Group of Companies where he is involved with all aspects of land-use planning, hi-rise condominium development and financing strategies for the Sud Group’s existing portfolio of commercial retail plazas, residential apartments and land holdings. Adrian is a graduate of the University of Toronto.

[email protected] | 416.484.7447
Alexei Agheev, CPA, CMA
Financial Controller
Alexei Agheev, CPA, CMA
Financial Controller
Alexei is the Financial Controller of Belgrove Capital, where he is responsible for overseeing all aspects of project, asset management and corporate accounting. Alexei has over 10 years of experience in accounting, financial analysis, and financial reporting. He is also Financial Controller at Sud Group of Companies and PB Bell Investment Management Inc. Alexei was previously employed at KPMG as a staff accountant in the financial audit department. Alexei has a Bachelor’s degree in Economics from Slavonic University of Moldova and holds the CPA, CMA designation.

[email protected] | 416.484.7447
Carolynna Gabriel
Analyst
Carolynna Gabriel
Analyst
Carolynna is an Analyst at Belgrove where she conducts and coordinates quantitative research, competitive benchmarking, due diligence and investment strategy analyses. She also directly supports senior management in optimizing company operations and managing external-facing relationships. Previously, Carolynna founded, operated and sold Wilmington Tennis: an instruction-based service business which specialized in recreational lessons for beginner and intermediate level tennis players. Carolynna is an alumna of University of Toronto Schools, the Richard Ivey School of Business (HBA'11) and the recipient of the Toronto Region Board of Trade's Emerging Entrepreneur Award (2015). 

[email protected] | 416.484.7447
Ruth Herzenberg
Administrative Director
Ruth Herzenberg
Administrative Director
Ruth is the Administrative Director at Belgrove Capital where she is responsible for all aspects of office management and related administration. Ruth has over fifteen years of experience in management and administrative roles in a variety of industries, including residential and commercial real estate and hospitality. Ruth has an Honours BA from York University.

[email protected] | 416.484.7447
ADVISOR
Peter Tanenbaum
Senior Advisor
Peter Tanenbaum
Senior Advisor
Peter Tanenbaum is a Senior Advisor to Belgrove Capital with a focus on helping Belgrove identify real estate investment opportunities and potential capital partners.
Peter is a third generation real estate developer with over twenty years of experience in the industry. His primary focus has been on land acquisition and development of both residential and commercial properties. He has served on several local charity boards including at UJA and CJPAC. Peter received his bachelor's degree from the University of Western Ontario.