GreyBrook logotype
Investor Login Contact Us

Greybrook Realty Partners & Marlin Spring Brand Jointly Owned Asset Manager – Greyspring Apartments

Date:
December 15, 2020
Share:

Greybrook Realty Partners and Marlin Spring are proud to unveil the new branding of their jointly owned investment and asset management firm, Greyspring Apartments. With a portfolio of more than 2,000 units and CAD$375 million in assets under management, Greyspring Apartments is focused on the acquisition and repositioning of multi-family assets throughout Canada.

The new name and branding is an important step in Greyspring’s evolution as an independent operating business. Formed in 2018 by long standing-partners Marlin Spring and Greybrook Realty Partners, Greyspring Apartments was established with the goal of building a leading asset management firm with a robust portfolio of residential rental real estate assets in primary and secondary markets across Canada.

Greyspring’s talented team of real estate, asset management and finance professionals is overseen and guided by the Management Board, whose members include Benjamin Bakst, CEO, Marlin Spring; Elliot Kazarnovksy, CFO, Marlin Spring; Sasha Cucuz, CEO, Greybrook Securities Inc.; Peter Politis, CEO, Greybrook Realty Partners; Chris Salapoutis, President & COO, Greybrook Realty Partners; Ashi Mathur, President, Marlin Spring; and Karl Brady. In addition to his role on the Management Board, Karl Brady leads Greyspring Apartments as its President.

“We are pleased to announce the official name and branding of a business we formed with our partners at Marlin Spring a few years ago,” said Peter Politis, CEO, Greybrook Realty Partners. “Greyspring has been diligently focused on the execution of strategic value-add programs across its portfolio that are improving the quality of housing for tenants and overall asset values. For Greybrook investors, expanding from our core business in real estate development to the value-add space through Greyspring, has allowed us to provide our clients with investment opportunities that diversify their real estate investment portfolios.”

“Marlin Spring and Greybrook have partnered on many residential real estate projects in recent years,” said Benjamin Bakst, CEO and Cofounder, Marlin Spring. “To a great extent, Greyspring illustrates our approach to partnerships. We believe in, and strive for, responsible growth through deepening our relationships with our trusted partners. With Greyspring, we’ve formalized our focus on providing better and more affordable living experiences for Canadians. This vision aligns with our mission to deliver exceptional real estate value to all our stakeholders with an uncompromising adherence to our core values.”

To round out the year Greyspring Apartments announced today the acquisition of a 13-storey, 105-unit rental apartment building located at 1951 Maisonneuve Boulevard East in Montreal, Québec. Greyspring Apartments will oversee the execution of a comprehensive value-add program, which will include common area and suite improvements, the creation of a rooftop amenity space, and building efficiency enhancements.

Read the full announcements on the Globe Newswire site:

Greybrook Realty Partners & Marlin Spring Brand Jointly Owned Asset Manager – Greyspring Apartments

Greyspring Apartments Announces Acquisition of a 105 Unit Multi-Family Asset in Montreal

Latest Insights

Greybrook Sponsors and Participates in 2023 Constantine Yorkville Run

Uncategorized
September 14, 2023

To date, the Constantine Yorkville Run has helped raise $603,576 for more than 25 local charities. Greybrook is proud to have continued our support as a sponsoring partner and participant in this year’s run, with our own rising to the…

Society Wynwood Continues to See Progress as Neighborhood Transforms   

Portfolio Updates
August 31, 2023

Miami’s vibrant Wynwood neighbourhood is a hub of art, culture, and innovation that continues to grow and evolve with new developments taking shape throughout the area, including our Society Wynwood development located in the heart of the neighbourhood on NW…

Foundations to Framing: Construction Advancing at Archetto Woodbridge Towns

Uncategorized
August 27, 2023

Construction has been progressing steadily at our Archetto Towns in Woodbridge. Since our last update, foundations for all 16 blocks have been poured and framing is well underway for many of the homes in the development. The windows and door…

McMichael Estates in Kleinburg Continues to Welcome New Homeowners

Portfolio Updates
August 27, 2023

As of the end of July, 51 out of 75 estate homes have closed, and all estates under construction have been bricked and drywalled and are advancing steadily toward completion with interior finishing. Final closings are set to continue throughout…

Greybrook Proud to be Participating in Upcoming 4th Annual Velo Blu Charity Ride in Support of Blu Genes

Uncategorized
August 24, 2023

We look forward to taking part in the 4th Annual Velo Blu Pedal for Blu Genes event on September 15th in Niagara-on-the Lake, along with many of our colleagues and partners in the real estate development, finance, and professional services…

Marlin Spring and Greybrook Launch Marketing Campaign for Queensway I and II

Portfolio Updates
July 31, 2023

The marketing launch for Joya on the Queensway, our mid-rise residential development at 1045 The Queensway, has commenced with email and social media marketing campaigns to generate awareness about the project and invite purchasers and brokers to register.   The 12-storey condominium in the…

Greybrook’s Most Walkable and Well-Connected Condo Developments in Toronto

Portfolio Updates
July 31, 2023

As the City of Toronto grows, welcoming tens of thousands of new residents every year, new condominiums are being planned and constructed throughout the city that offer residents convenient access to area amenities and popular neighbourhoods that can be easily…

Society Atlanta Continues to Reach New Heights in Midtown, Atlanta

Portfolio Updates
July 24, 2023

Vertical construction work continues at our Society Atlanta site, with steady progress resulting in the eighth-floor podium being topped off in May of this year, and concrete pours continuing up to the 15th floor and decking completed on the 16th…

Waterside Villas in Whitby is Fully Occupied

Portfolio Updates
July 20, 2023

The 74-unit townhome development located at Gordon Street and Scadding Avenue saw final home closings completed in Q1 of this year, with all new residents now in their homes in this beautiful waterside community. The remaining scope of work primarily…

Greyspring Apartments Makes its Latest Acquisition in Montreal 

Portfolio Updates
July 19, 2023

In June, Greyspring Apartments announced the acquisition of two 14-storey concrete apartment buildings at 135 and 145-155 Rue Deguire in Montreal, Québec, representing a strategic expansion into the established borough of Saint Laurent located on the Island of Montreal. This…

All Publications

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

Contact us