"Skalbania's real estate method, for example, is a sort of high volume, low-markup blitz." - The New York Times
Nelson was active in Real Estate primarily in the US and Canada. During the 10 year period from 1971 to 1981, he brokered a staggering volume of over 1000 transactions worth over $500 million on average per year. Nelson Skalbania probably invented the concept of "flipping" real estate.
Purchased in three consecutive years, three packages of real estate from Genstar Development Company. The last package of real estate of $150 million included hotels, shopping centers, apartments and raw land from New York to Vancouver.
Purchased over a span of ten years, 31 different Eaton's properties/stores across Canada from Victoria, BC to Moncton, NB. Larger ones included the downtown Vancouver store. Redeveloped, constructed the Vancouver site for $100 million, downtown Winnipeg catalogue store, which was redeveloped into $50M retail complex.
Bought the "Omni" complex in Atlanta, GA, which includes a hotel, two office towers and retail stores for $50 million and resold it to Ted Turner. This complex is now the CNN center.
Bought "Circus World" in Orlando, FLA, from Mattel Toy Co. and sold it to Jim Monaghan and Harcourt Brace Johanovich, the owners of Sea World.
Constructed the San Francisco Opera Square with three towers, offices and retail stores for $150 million.
Bought and sold the Watergate Apartment complex of 1200 condo suites for $40 million in Oakland, CA.
