GreyBrook logotype
Contact Us

Greybrook Realty Partners Secures US$44,850,000 For A Multi-Family Residential Development Project with PMG in Denver, Colorado

日期:
July 19, 2021
分享:

Development expands Greybrook’s Society Living portfolio of U.S. multifamily assets and becomes the latest investment with developer PMG.

Greybrook Realty Partners Inc. announced today that its managed issuer has secured US$44,850,000 in committed equity capital to acquire and oversee the development of a prime parcel of land in Denver, Colorado. Together with its developer partner, PMG, the firm intends to develop the land located at 123 E Speer Boulevard into a mixed-use multi-family residential building. Part of Society Living, a national platform of thoughtfully designed social communities, the development is expected to yield approximately 400 rental units and more than 10,500 square feet of retail.

Society Denver is the most recent addition to Greybrook and PMG’s growing national platform of social living and co-living multi-family rental developments in the United States. Located at the intersection of Speer Boulevard and Lincoln Street, the site occupies a prime location on the southern border of the Golden Triangle Creative District and Capitol Hill neighbourhoods, offering unobstructed views of the Rocky Mountains to the west. The site is also within a short distance to the Central Business District and Lower Downtown areas. Situated within a thriving urban hub, the development site offers convenient access to many nearby area amenities and outdoor activities, including the Cherry Creek Trail (located across the street from the site), and is within walking distance of Governor’s Park. In addition to an exceptional location, the twelve-storey multi-family development is expected to offer Denver’s expanding “metro renter” population the opportunity to access attainably priced housing options, extensive social amenities, and a tech-enabled lifestyle.

“We are confident that our latest offering in Denver will provide an attractive rental housing option in this market, stated Sami Mouaket, Director of U.S. Investments & Development, Greybrook Realty Partners. “Our unique rental options, coupled with premium amenities and curated social programming, not only offer an appealing value proposition to residents, but also highlight our ability to identify premier urban locations that would greatly benefit from the features and advantages that the Society Living platform offers. Denver is a perfect home for a Society Living community, with a rapidly growing population and strong and resilient job market, the development will be a welcome and desirable addition to the city.”

Greybrook and PMG’s other Society Living communities include Society Las Olas in Downtown Fort Lauderdale, Florida, Society Biscayne in Downtown Miami and Society Wynwood in Miami’s Wynwood Arts District.

Read the full announcement on Cision News Wire

溯源

最新洞察力

The House of Assembly Breaks Ground in Toronto’s Junction Triangle

Portfolio Updates
November 26, 2021

Peter Politis, CEO and Sarah Mansour, Executive Director of Strategy and Corporate Development at Greybrook Realty Partners joined our developer partners at Marlin Spring to celebrate this major project milestone and speak about the area’s exciting evolution. This transformation of…

Greybrook’s Christopher Kozub Honoured as 2021 Lexpert Rising Star: Leading Lawyer Under 40

Company News
November 25, 2021

This year, Greybrook is pleased to announce that Christopher Kozub, Greybrook Securities Inc., General Counsel has been recognized as a Leading Lawyer Under 40 as winner of Lexpert’s 2021 Rising Stars Award. Finalists from law firms, in-house legal departments, government,…

Watch Canadian Business and Toronto Life Insider’s Fireside Chat with CEO Peter Politis

Insights
October 27, 2021

Watch the full virtual Fireside Chat below. During the discussion, Peter recounts the unique position Toronto is in for real estate investment opportunities, giving the city plenty of room for long-term sustainable growth. Ranking as one of the most livable…

Watch the Waldorf Astoria Residences Miami Project Film

Multi-media
October 22, 2021

Watch the short film below. Designed unlike anything built before in Miami, this luxury residential and hospitality tower will include a stack of nine offset glass cubes, replicating a freestanding sculpture in the sky. The design is led by concept…

Construction Progresses at Symphony Towns in Oshawa

Portfolio Updates
October 18, 2021

With phase I foundations and framing complete, the construction team has been hard at work beginning the drywall and interior finishing work. Alongside developer partner, Marlin Spring, the townhome project will bring over 200 beautifully designed homes to the heart…

Society Atlanta Makes Waves with Latest Announcement

Portfolio Updates
October 15, 2021

The exciting news was picked up by the Atlanta Business Chronicle, Atlanta Agent Magazine and REBusiness Online. Society Atlanta is the latest addition to our growing nation platform in partnership with PMG. With plans set for Atlanta our expanding portfolio…

Groundbreaking Held for Artistry Project in Downtown Toronto

Portfolio Updates
September 30, 2021

  Peter Politis, CEO of Greybrook Realty Partners and Jared Berlin, Executive Director of Greybrook’s Asset Management group joined our developer partners at Tribute Communities to celebrate this major project milestone and official construction kick off. Located in Downtown Toronto,…

Greybrook Sponsored and Participated In Velo Blu 2021 Charity Bike Ride

Multi-media
September 29, 2021

This charity ride is in support of the Blu Genes Foundation, a charitable foundation on a mission to advance gene therapy and find a cure for genetic disorders. Last Friday, the Greybrook team was out in full force to participate…

Greybrook Realty Partners Secures US$61,200,000 for a Multi-Family Residential Development Project with PMG in Atlanta, Georgia

Company News
September 28, 2021

Greybrook Realty Partners Inc. announced today that its managed issuer has secured US$61,200,000 in committed equity capital to acquire and oversee the development of a prime parcel of land in Atlanta, Georgia. Together with its developer partner, PMG, the firm…

Greybrook Realty Partners Invests $43,525,000 in a Low-Rise Residential Development Project with Tribute Communities in Lindsay, Ontario

Company News
September 22, 2021

Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $43,525,000 to acquire and oversee the development of a prime parcel of land located east of Highway 35, south of Thunder Bridge…

所有出版物

Join our newsletter and keep up to date with our news & insights

Contact us