Following the coverage on the sale of 215 Lakeshore Boulevard, Greybrook was featured in a recent article on the RENX website showcasing our notable real estate investment portfolio in addition to speaking with Peter Politis, CEO of Greybrook Realty Partners, about the company and the state of the market.
“It is becoming more evident every day that there is a real gap in affordability between ground related housing so townhouses and homes, and condos,” states Politis. “We seem to be living in an era where we are witnessing the Manhattenization of Toronto where the generations before us thought everyone should be able to afford a house and have a four-bedroom, three bath house and a driveway and a backyard. In most other major cities around the world that is unattainable, unaffordable, it doesn’t even exist.”
That is turning those without a single family home into condo buyers whether they like it or not, he said.
“You might make a couple hundred thousand a year in this city and still, if you want to live anywhere close, you still have to buy a condo based on affordability.”
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…
On December 20th, Greybrook successfully closed on a $42,000,000 investment completed by its managed issuer. The funds will be used to acquire and oversee the development of a prime parcel of land located at the intersection of Warden Avenue &…
