215 LAKESHORE BOULEVARD EAST, TORONTO
EQUITY INVESTMENT: $44,000,000
TOTAL UNITS: Over 2,000 residential units, 34,000 sq. ft. of commercial space
DEVELOPER PARTNERS: Castlepoint Investment Group, Cityzen Development Group
Greybrook provided equity capital and ongoing asset management to purchase an interest in a property located at 215 Lakeshore Boulevard in Toronto and fund the development of a mixed-use condominium project on the acquired parcel. Greybrook and developer partners, Castlepoint and Cityzen, have since divested 100% of their interest in the development.
The development plan for the Site called for the construction of a one-of-a-kind iconic structure that would bring to market over 2,000 residential units with unobstructed lakefront views and panoramic views of the city skyline just minutes away from Toronto’s downtown core.
COMPLETION VALUE*: $925,000,000
*Total completion value estimated at time of investment.