Greybrook, a Toronto-based real estate and health care private equity firm, along with two Canadian private investment firms, announced today their investment in and partnership with Delos, a New York-based wellness real estate and technology company. The partnership establishes Delos’ local presence in Canada through the formation of Delos Canada with a mission to help Canadian businesses, real estate owners, and the public sector advance human health and well-being through the buildings and spaces we inhabit every day.
“For nearly a decade, Delos has fostered research collaborations with leading experts in the health, building and behavioral sciences including world-renowned medical institutions such as Cleveland Clinic and Mayo Clinic,” said Paul Scialla, Founder and CEO of Delos and Founder of the International WELL Building Institute. “The establishment of our partnership with respected senior Canadian business leaders enables us to further bring this research into practice globally to help advance health and well-being in Canada.”
Greybrook has been investing in residential real estate development and transformative health care businesses for nearly 20 years. “With a portfolio of residential and commercial real estate at various stages of development totalling in aggregate over 43 million square-feet of projected density, and our experience investing in and growing health care businesses, joining forces with Delos, a global leader at the intersection of health and real estate, was a natural fit for our organization,” said Sasha Cucuz, Partner at Greybrook Capital, and Board Member, Delos Canada.
Along with its Delos Canada investment partners, which include SummitNorth, led by Frank Vettese, former CEO of Deloitte Canada; and former Greybrook development partner Paul Golini, previously Executive Vice President and Co-Founder of Empire Communities, Greybrook will play a critical role supporting the Delos Canada team in working with the real estate development community, industry leading Canadian businesses and all levels of government to help implement Delos’ evidence-based products and solutions in offices, schools, long-term care facilities, public venues, and new residential communities across the country.
“The COVID-19 pandemic has caused a paradigm shift and brought to the forefront how critical it is to consider the impact of our interior spaces and real estate on human health and to account for this impact in places we spend our time today and everything we build going forward. We firmly believe Delos and its subsidiaries can help businesses across all industries adopt solutions and standards to successfully and safely operate in what will be our new normal,” noted Cucuz.
More information about Delos Canada can be found here.
Read the full announcement on the Cision Newswire site.
About Greybrook
Greybrook is a Canadian private equity firm that invests in real estate development, transformative health care businesses, and companies at the intersection of health and real estate. In the real estate sector, Greybrook actively invests in large-scale residential and mixed-use developments, playing an active management role alongside a roster of well-respected real estate developers to drive results for its equity investors. Within the health sector, Greybrook’s management team has built a reputation for identifying businesses and opportunities at the forefront of change that advance human health. Some of the firm’s investments include, Greenbrook TMS (NASDAQ: GBNH), a leading provider of TMS therapy, an FDA-cleared, non-invasive therapy for the treatment of Major Depressive Disorder and other mental health disorders with over 125 clinics across the U.S., founded by Greybrook, as well as a growing North American real estate portfolio comprised of more than 43 million square feet of projected density with an estimated completion value of $19 billion, including the planned Waldorf Astoria Hotel & Residences Miami, and the firm’s Society Living platform – an innovative social living approach to Class A multi-family. For more information, visit www.greybrook.com.
About Delos
Delos is a wellness real estate and technology company guided by the mission to be the world’s leading catalyst for improving the health and well-being of people around the world by improving the indoor environments where they live, work, sleep and play. Informed by more than eight years of research and rigorous analysis of environmental health impacts on people, Delos and its subsidiaries offer an array of evidence-based technology and solutions for residential, commercial and hospitality spaces. Delos is the founder of the WELL Building Standard™, the premier standard for buildings, interior spaces and communities seeking to implement, validate and measure features that support and advance human health and wellness. Its subsidiary, the International WELL Building Institute™, administers and continues WELL’s development and drives market adoption. Delos’ advisory board is comprised of leading professionals across real estate, government policy, medicine and sustainability. For more information about Delos, please visit www.delos.com.
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 &…
Greybrook is proud to share our support towards the revitalization of The City of Cambridge’s Preston Memorial Auditorium. This contribution will play a crucial role in the ongoing renovation and expansion of the recreational facility, which will continue to serve…
This past fall, the 5th Annual Velo Blu charity ride for Blu Genes took place, bringing together over 140 participants and raising more than $400,000 for gene therapy research. Set at Peller Estates Winery, this unforgettable event highlighted the power of community…
Since sales launched last October, the low-rise, master-planned community developed in partnership with Tribute Communities has continued to attract interest from prospective buyers eager to experience the small-town charm of Lindsay. With the grand opening of the showhomes, prospective buyers…
The rise of artificial intelligence (AI) and the increasing adoption of technology across industries has led organizations to explore new ways to transform and streamline operations to stay competitive. As a result, the demand for tech talent has surged, often…
One of the most common questions we hear from investors is: How do we determine where to invest, especially as markets evolve? In today’s dynamic real estate landscape, making sound investment decisions requires a disciplined and selective approach. During a…
We’re excited to share the highlights from Inside Track 2024, our annual investor event that offers industry-leading insights and engaging discussions on the future of real estate and the broader economy. This year, attendees had the opportunity to hear from…
Greybrook and our partners PMG, are pleased to announce that pre-leasing has commenced for Society Atlanta. Located at 811 Peachtree St. NE, Society Atlanta is a 31-story tower featuring 460 rental apartments, over 87,000 square feet of office space and…
We recently had the opportunity to fly over our Archetto Towns project in Woodbridge, offering a new perspective of our 91 townhomes low-rise community. Standing out against the eye-catching backdrop of vibrant fall foliage, this exclusive collection of contemporary townhomes,…
We are thrilled to announce that our Artistry Condos high-rise development in Toronto’s vibrant Grange Park community has reached a significant milestone with the successful topping-off of the building. This achievement marks the completion of the structural formwork at its…
