GreyBrook logotype
Contact Us

Greybrook Realty Partners Invests $23,605,000 in a Mixed-Use Development Project with Metropia and Sorbara Group in Mississauga, Ontario

日期:
December 21, 2016
分享:

Greybrook Realty Partners Inc. is pleased to announce the successful deployment by its managed issuer of $23,605,000 in equity to acquire and subsequently manage the development of two parcels of land located in Mississauga, Ontario. The properties are co-owned with two experienced Greater Toronto Area (GTA) developers, Metropia and Sorbara Group.

The properties are in close proximity to one another and located in the established Erin Mills district of Mississauga. The first property is situated at 3355 The Collegeway and is expected to be developed into a mixed-use development comprised of 336 stacked townhomes and approximately 12,000 square feet of redeveloped retail and office space. The second property is located at 2277 South Millway and is expected to be developed into a low-rise residential development comprised of 144 stacked townhomes. The developments will provide future residents with convenient access to a diverse range of community amenities, 400-series highways, public transit, shopping and a variety of green spaces. The developments, which are located within established communities, will provide prospective purchasers with a source of newly-constructed homes.

“Our asset management team continues to evaluate high-quality investment opportunities that have a strong probability of yielding exceptional returns for our investors.  Investing in infill developments within strong growth areas in the GTA, like Mississauga, will help fulfil the real demand for affordable ground-related housing in the market and provide our investors access to an exceptional development opportunity,” said Peter Politis, CEO of Greybrook Realty Partners.

Metropia and Sorbara Group have collectively developed over 20 low-rise and high-rise communities. “We are pleased to complete this inaugural transaction with two well respected developers with exemplary track records and deep management expertise.  Selecting the right development partners is at the core of our investment strategy and Metropia and Sorbara Group are two excellent additions to our select network of high-quality partners,” commented Mr. Politis.

View the release on Globe Newswire.

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