Robert ClarkFounder & CEO at SID Developments, SID Management, SID Reno's
SID Developments was founded by Robby to form a network of companies dedicated to creating value in cities across Ontario. We focus on areas where the underlying economics are good, but the real-estate values are far below the cost of build which leads to systemic issues across the city. It is our belief that all stable environments in developed nations must have real-estate prices that match or surpass the cost of build in-order to sustain a middle-class lifestyle to the benefit of homeowners & renters. It takes the redevelopment of existing housing in-order to drive up demand & to allow for developers to re-enter a city. If a market has been flat for decades, it is very difficult to encourage new investments. We stimulate cities at scale through the purchase of hundreds of residential homes helping clear out property owners & landlords who’ve neglected to keep their properties in good standing whether due to inability or neglect.