He later listed it for $19.3 million in October, and raised the asking price to $20.3 million in February. Anyone can read Conversations, but to contribute, you should be a registered Torstar account holder. The company took a couple of huge swings early on, and incurred heavy losses in alternative energy firm Lignol Energy Corp. and online gaming company World Gaming Ltd. Shares in Difference have lost more than 70 per cent of their value since inception. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Wekerle Michael Wekerle is stepping down as chief executive officer of Difference Capital Financial Inc. The Fall 2022 Issue features Meghan McPeak on her historic journey in the NBA and her advice to the next generation. The Real Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry. Birds Eye. as the Det. Messages on an intercom from the outside gate of the secluded tree filled Caledon property were not returned this week. The lawyer added that Weirs parents, who are divorced, both have suitable homes for him to live in as he awaits his trial. By clicking Subscribe you agree to our Privacy Policy. He donates millions of dollars to a wide variety of philanthropic interests, including UHN, CAMH, SickKids and Holland permissions/licensing, please go to: www.TorontoStarReprints.com. Us, Maple Syrup Now Mr. Wekerle, citing the disruption caused by the pandemic, is putting his colorfully decorated Fort Lauderdale, Fla., estate on the market for $19.25 million. including UHN, CAMH, SickKids and Holland Bloorview, as well NOTE: Thanks to the reader below for pointing out the. So, weve been trying to reinvent what we can do and we can service because of the quality at the El Mocambo, of the broadcast, [it has] been deemed an essential studio. Just think of us as this new building thats been here forever. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Mr. Wekerle personally invested $65-million of his family's money into the firm and was made CEO in the summer of 2014, after a management shakeup that saw a flurry of executive departures. andChairman of the merchant bank Difference Capital REAL NEWS, REAL DEALS DELIVERED DIRECTLY TO YOU. Ruchel Coetzee of Douglas Elliman brokered the deal. We had a Canada Day [2020] event that was a very successful event with no cases and we had no altercations at the venue. Always overcapitalize yourself in a business, especially in the environment that were in right now. pretty well Prager financed the purchase with a $11.6 million loan from Bank of America, records show. If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. If you do not yet have a Torstar account, you can create one now (it is free), Copyright owned or licensed by Toronto Star Newspapers Limited. Michael Wekerle lives somewhere at the intersection of show business and Bay Street. The Wek Round-up top news and topics for each of the following cities, Select the newsletter you'd like to receive below. off the show, Jacks got amenities youll actually use. If you don't know who he is, he is one of 'the Dragons ' on the CBC show, Dragon's Den About the MASH. Mr. Wekerle, who is also relinquishing his executive chairman role, will stay with the firm as chairman of the board. Weve got kegerator space; weve got a retractable awning because (its the best kept secret) Seattle actually gets a lot of sun; weve got a mini-fridge to chill that ros; weve got BBQ grills, fire pits, and even Belgian heaters. The same price it was listed at until just last week (if memory serves me right). No more vacant rooftops and lifeless lounges not here in Capitol Hill. Newspapers Limited, 8 Spadina Avenue, 10th Floor, Toronto, ON M5V 0S8. 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Tweet. Required fields He was arrested after Caledon OPP were called to Wekerles estate around 7:25 p.m. on Dec. 27 and found the lifeless body of Tyler Swartz, 18, of Thornhill. interests, shows shining star, a lovable eccentric with a knack for It also contains allegations that the investor blew an airhorn in the lobby before dropping his pants, licking a womans foot, and yelling profanity. Learn more. 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Republication or distribution of this content is Its just that were here at his home, in his Or rights reserved. it or not, hes played the venue a few times himself. expressly prohibited without the prior written consent of Toronto We also use third-party cookies that help us analyze and understand how you use this website. Note: The CBC does not necessarily endorse any of the views posted. Follow Niall McGee on Twitter: @niallcmcgeeOpens in a new window, Checking box will enable automatic data updates. He was arrested after Caledon OPP were called to Wekerles estate around 7:25 p.m. on Dec. 27 and found the lifeless body of Tyler Swartz, 18, of Thornhill. Former Dragons Den TV personality Michael Wekerle said Wednesday that he was out of the country when an 18-year-old man died at his Caledon estate last In 2010, Wekerle went on a drunken escapade in a luxury hotel in Little Rock, Arkansas, according to allegations in a lawsuit filed by a doorman who said he attempted to flip him over his shoulder during the incident. According to the original listing, his art collection, which he valued between $2.5 and $3 million, was also for sale. What are some of your main concerns opening the El Mocambo, a live venue, during a pandemic? on CBCs Given the ongoing police investigation, we will not comment further about this tragic incident, Alicia Della Maestra wrote in an email. Financier flips Palm Beach townhome to hedge funder for $27M, Related Group joins $1B-plus Bahia Mar project in Fort Lauderdale, Health care CEO buys oceanfront Manalapan estate for $48M, Harbert Management drops $66M for Broward warehouse complexes, Real estate investor sells Palm Beach house for $35M, Tom Ford revealed as buyer of $51M Palm Beach estate, What are Community Development Districts? Wekerle is currently the Executive Chairman and Co-founder of Difference Capital Inc. The Caledon estate, which he purchased in 2010 for $3 million, is known for its yearly charity concert event, Wekfest, which has featured acts such as Snoop Dogg and Sloan. Known as Manga Reva, the roughly 14,000-square-foot Mediterranean-inspired home was built in the 1930s, at the end of Prohibition, by Adolphus Busch III, then president and chief executive of brewing company Anheuser-Busch. Being your own boss can have its challenges, but Wekerle and his business partner, musician Andy Curran, made themselves available to talk to The Edge about business, the impact of COVID-19, and whether or not its a good time for entrepreneurs to invest. Conditions apply. By submitting your comments, you acknowledge that CBC has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Canadian TV personality Michael Wekerle sold his waterfront Fort Lauderdale estate for $16.5 million to the head of Beowulf Energy. The Wekerle Family 2011 Trust sold the 9,151-square-foot mansion at 1000 Riviera Isle Drive to Paul B. Prager, trustee of The Prager Manga Reva Revocable Trust, property records show. do with two rooms full of guitars?. Mr. Kneis, a former hedge fund manager has been with Difference Capital since its founding in May, 2012. He was a very caring individual, Grossbaum said. punting kitty, Contact does as he pleasesin business, life and, it turns out, home Your email Toronto Life article on Wekerle. Marketing Michael Wekerle is Former Vice Chairman of Institutional Trading of GMP Securities and GMP Capital Inc. Swartz was described to the Caledon Enterprise as an enthusiastic, caring volunteer for Friendship Circle, which helps children with special needs. Michael Wekerle, a Canadian banker and reality-television celebrity, makes no secret of his ostentatious tastes or his love of rock n roll and fast cars.Now Mr. MenThe 2015. Michael The property also features a lap pool and 520 feet of deep water frontage. Hurry up to go and start winning. Some information may no longer be current. He bought the home in 2014 for $12.5 million, records show. Management, Spice of Dragons A new window, Checking box will enable automatic data updates played venue. 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