We are delighted to announce the recent closing of a small adjoining parcel of land located in the northwest corner of our Ivylea Towns at Richmond Hill site. The newly acquired 0.84 acres piece of land will form Phase 4 of the project and will establish the foundation for the construction of 18 additional units, bringing the total number of townhomes in the project to 444.
The development continues to advance through the sales and servicing phases. Building off the momentum and success of our initial sales launch in June 2020, we are thrilled to announce the tremendous response received by our Phase 2 sales launch in November 2020 of which 115 out of the initial 130 units released sold firm as of March 2021. We will continue to release homes to the market over multiple phases, ensuring balance against the project servicing and construction programs.
Earthworks for the entire site nears completion as servicing of the municipal roads continues to progress. In accordance with our timeline, we anticipate construction will commence as planned in September 2021, with servicing for Phase 2 and 3 on track to begin in July 2021 and completed in sequence with the construction of the Phase 1 townhomes in the fall.
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 &…
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 its launch 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. Now, with the grand opening of the showhomes, buyers have the…
