Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $10,985,000 to acquire and oversee the development of a prime parcel of land located in Brooklin, Ontario. Together with its developer partner, Fieldgate Homes, the firm will develop the land into a residential community consisting of over 170 single-detached homes, freehold townhomes and condominium townhomes.
Situated approximately 65-kilometres east of Toronto, within the Town of Whitby, the community of Brooklin offers residents a modern, yet idyllic setting with abundant nearby amenities located throughout the greater Durham Region. The 18-acre development site, which is located at 7150 Thickson Road, provides convenient access to the newly extended Highway 407. The site is also located a short drive from scenic downtown Brooklin, a designated heritage conservation district with properties dating as far back as the mid 1800s. Residential development continues in the Town of Whitby, as new residents attracted by Whitby’s charm continue to move to and settle in the town.
“We are delighted to announce our fourth venture with Fieldgate Homes, an exceptional partner with an established track-record of success,” states Peter Politis, CEO of Greybrook Realty Partners. “This development represents another high-quality addition to our portfolio and our second venture with Fieldgate in Whitby. The project will provide much-needed housing supply to a region that is demonstrating strong demand-side characteristics and rapid economic development and that continues to make important infrastructure investments.”
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…
