Greybrook and PMG have secured a construction loan for the 10-story Society Wynwood development in Miami’s vibrant Wynwood Arts District. The loan will provide financing for the society living development, which commenced construction earlier this year.
“We are thrilled to secure this construction loan alongside our partners at Greybrook to create a premier living and entertainment destination on the most prominent block in Wynwood,” commented Ryan Shear, Managing Partner at PMG.
Targeting completion in Spring 2023, Society Wynwood will offer future residents a thoughtfully designed social community that combines the concept of traditional multi-family units and co-living rental opportunities with premium amenities and integrated retail space.
“Securing this construction loan for Society Wynwood further proves the strength of the Society Living portfolio and the appeal of social apartment communities,” said Sami Mouaket, Director, U.S. Investments & Development at Greybrook Realty Partners on the recent announcement.
Since launching in 2019, the national Society Living multi-family brand has helped address strong demand in the US for attainably priced rental communities close to urban centres. This marks our 3rd Society Living project in South Florida and 4th in the US; including, our successfully leased Society Las Olas in Downtown Fort Lauderdale, Society Biscayne slated to open in early 2022 in Downtown Miami, and our recently announced Society development in Denver, Colorado.
We’re excited to share the highlights from Inside Track 2024, our annual investor event that offers industry-leading insights and engaging discussions on the future of real estate and the broader economy. This year, attendees had the opportunity to hear from…
Greybrook and our partners PMG, are pleased to announce that pre-leasing has commenced for Society Atlanta. Located at 811 Peachtree St. NE, Society Atlanta is a 31-story tower featuring 460 rental apartments, over 87,000 square feet of office space and…
We recently had the opportunity to fly over our Archetto Towns project in Woodbridge, offering a new perspective of our 91 townhomes low-rise community. Standing out against the eye-catching backdrop of vibrant fall foliage, this exclusive collection of contemporary townhomes,…
We are thrilled to announce that our Artistry Condos high-rise development in Toronto’s vibrant Grange Park community has reached a significant milestone with the successful topping-off of the building. This achievement marks the completion of the structural formwork at its…
We are proud to share that Linx Condos was recently nominated for the prestigious Heritage Toronto Awards in the Built Heritage category. This year’s 49th Annual Heritage Toronto Awards celebrated exceptional contributions to the preservation and evolution of the city’s…
In the latest episode of the Toronto Under Construction podcast, CEO Sasha Cucuz joins Bullpen Consulting’s Ben Myers and guest co-host Matt Young for an in-depth discussion on real estate investment. The conversation offers insights into Greybrook’s evolution, highlighting its strategic…
On October 20th, 2024, the Ontario government’s Provincial Planning Statement, 2024 (PPS 2024) came into effect, aiming to streamline the province’s land use planning framework. This new policy replaces both the Provincial Policy Statement, 2020, and A Places to Grow:…
The evening featured the prominent Benjamin Tal, Deputy Chief Economist and Managing Director of CIBC World Markets, who delivered his expert analysis of macroeconomic data and real estate trends in the Canadian market. Following his keynote, attendees enjoyed an engaging…
In a recent episode of The Tom Storey Show, CEO Sasha Cucuz joined co-hosts Tom Storey and Steve Karrasch to discuss the financialization of Canadian housing—an interesting topic in today’s real estate landscape. This episode delves into how the increasing…
Characterized by record-low sales activity and stagnant prices, there’s been no shortage of unknowns and questions surrounding the Canadian real estate market this year. Will the Bank of Canada’s recent rate cuts, and potential for more, encourage homebuyers to re-enter…
