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Greybrook Hosts Annual Inside Track Event

Date:
October 31, 2022
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We are thrilled to have hosted our 2022 Inside Track event earlier this month, an annual event offering many of our investors the opportunity to hear directly from industry experts and Greybrook on a number of important topics affecting our target markets.

Watch highlights from Inside Track 2022
The evening began with Sasha Cucuz, CEO, Greybrook Securities Inc. introducing our keynote speaker, CIBC’s Deputy Chief Economist, Benjamin Tal, who shared his expert insights on the Canadian economy and a look at the year ahead. Mr. Tal’s candor and ability to speak effortlessly on the topic at hand had the audience’s full attention as he presented his perspective on rising interest rates, his positive outlook on inflation, and predictions for what is to come.

Following the informative keynote, Peter Politis, CEO, Greybrook Realty Partners, welcomed seasoned industry leaders Nicholas Fidei, Founder & President, Treasure Hill; Steve Deveaux, Executive Vice President, Land and Development, Tribute Communities; and Luca Bucci, CEO, Ontario Home Builders’ Association to the stage and moderated an engaging and insightful panel around the current trends, challenges, and opportunities in the GTA real estate market. To kick off the discussion, the panel was presented with a short video message from Minister of Municipal Affairs and Housing, Steve Clark who spoke to the government’s commitment to building more homes and “getting shovels in the ground faster”. In response, the panel narrowed in on the fundamental supply demand imbalance driven by a persistent and growing demand and discussed practical and feasible ways to increase the volume and variety of available housing.

As CEO of the Ontario Home Builders’ Association and former Chief of Staff to Minister Clark, Luca Bucci was able to provide his unique perspective on government relations and what is being done or can be done to forge a strategic partnership between government agencies and the entire construction and development industry. Providing insight from the developer point-of-view were two of the most active developers in the GTA and our long-standing developer partners, Treasure Hill and Tribute Communities, represented by Nicholas Fidei and Steve Deveaux.

As the conversation continued, the panelists examined the other factors contributing to the housing crisis and discussed what governments can do to streamline development processes, create more efficient infrastructure to build new homes more quickly, and combat housing affordability concerns.

At the end of the discussion, it became clear that there is a major focus on trying to address these market challenges and that Toronto and the GTA continues to be one of the best markets to invest if you’re a savvy developer and investor. Thanks to an active audience, the panel concluded with an engaging Q&A, followed by a cocktail reception where attendees had the opportunity to converse with our panelists, Greybrook team members, and other guests.

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