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.
Greybrook Securities CEO Sasha Cucuz recently joined fellow industry leaders to tackle the economic pressures shaping the future of Canadian housing. Speaking at the Veritas 14th Annual Great Canadian Real Estate Conference, Cucuz participated in a highly anticipated panel discussion…
Listen to this article: It is difficult to find a market conversation today that does not eventually lead back to interest rates. For Canadian advisors, there are particularly good reasons to be paying attention. U.S. Treasury yields have moved materially…
Last season, Greybrook became the first-ever lead sponsor of York Lions Men’s Hockey. This year, extending that support to the women’s program was a natural next step and reflects something we believe deeply: sport shapes future leaders. It is an…
Greybrook team members rode in support of the 7th Annual Velo Blu Charity Bike Ride in Niagara-on-the-Lake, helping raise $270,000 to advance research into rare childhood diseases and gene therapy through the Blu Genes Foundation. Held at the scenic Peller…
On Sunday, September 20, Greybrook joined runners, walkers, volunteers and community supporters at the 17th Annual Constantine Yorkville Run, coming together to raise funds for charities making a difference across Toronto. As a Presenting Partner, Greybrook was proud to once…
Members of Greybrook’s Institutional Capital Markets team recently attended and sponsored Future Proof Festival, the world’s largest four-day wealth management festival, held in Huntington Beach, California. As part of its sponsorship, Greybrook supported the QWealth Canadian Lounge, a dedicated gathering…
Lindsay Heights, our low-rise, master-planned community in the City of Kawartha Lakes, is set to welcome one of its most anticipated neighbourhood retail additions with the opening of a Walmart Supercentre. Located at the northwest corner of Lindsay, at Highway…
This advancement marks a significant milestone for Florida’s first supertall Downtown Miami residence, a signature hallmark of the renowned Waldorf Astoria brand, offering a collection of 205 luxury hotel guestrooms, dedicated five-star service and once-in-a-lifetime experiences. Construction of the staggered…
Listen to this article: The best time to buy durable assets is rarely the moment they feel comfortable to buy. In multifamily, rent growth tells you where a market is today, but the conditions that signal where it is heading…
Dallas-Fort Worth has been one of the most closely watched multifamily markets in the United States over the past several years. Long-term population and employment growth, rapid corporate relocations, relative affordability and a deep, diversified economy have helped draw a…
