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.
Uncertain market conditions continue to be a consideration for business owners and investors alike, encouraging many to reassess their strategies and prioritize core strengths while identifying opportunities for long-term success. In the latest episode of The Well Off Podcast, Alex…
Uncertainty dominates today’s headlines – from economic volatility to geopolitical tensions – and the real estate market is no exception. Developers and investors alike are navigating rising costs, evolving policies and shifting buyer behaviours in an environment where adaptability is…
At Greybrook, we are proud to recognize and celebrate the extraordinary women who have played an integral role in shaping our organization. This year, in honour of International Women’s Day and Women’s History Month, the women at Greybrook came together…
At Greybrook, we recognize the importance of contributing to the communities where we live and work. Recently, our team had the opportunity to come together to volunteer at The Common Table, a Toronto-based drop-in program that provides meals, essential support…
The prospect of a trade war that could disrupt the North American economy is on hold – for now. U.S. President Donald Trump has agreed to delay imposing 25% tariffs on Canada and Mexico for 30 days, easing immediate concerns…
The Elser Hotel & Residences continues to meet the demand of Miami’s evolving real estate market, with over 95% of its units now sold. Its exceptional amenities, prime location, and attractive hotel rental model remain key drivers, drawing discerning owners…
Sasha Cucuz, CEO of Greybrook Securities, recently appeared in Episode #83 on the beyond MD podcast. Hosted by Dr. Yatin Chadha, a radiologist based in Toronto, this popular podcast aims to enhance financial literacy among Canadian professionals, namely physicians, dentists, and…
The advancement of vertical construction marks a significant milestone for the iconic Downtown Miami residence, which will set a new standard in luxury condominium living and architectural design in the renowned city. Beyond its striking 9-staggered cube silhouette, the one-of-a-kind…
We are delighted to announce the successful sales and closings of all residential and commercial inventory at our Stockyards District Residences. This achievement signifies a major milestone for the project. With only a limited number of parking spots and lockers…
As we reflect on the last year, we proudly celebrate our team’s achievements across our organization and diverse portfolio of over 110 projects. In 2024, we remained focused on driving progress and adapting to shifting market dynamics, demonstrating our commitment…
