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.
After more than a decade of investing in and managing multifamily assets across multiple market cycles in Canada and the U.S., our team has built deep in-house expertise and experience spanning ground-up development through to operational management and value creation.…
Markets are evolving, and Greybrook is responding with discipline and focus. In our first Boardroom Brief episode of the year, Alex Nisenker sits down with Greybrook CEOs Sasha Cucuz and Peter Politis to discuss how we are positioning our platform…
Greybrook is pleased to announce the launch of its U.S. Multifamily Income & Growth Fund — an open-ended private real estate fund designed to provide investors with exposure to well-located, affordable, and attractively priced Class B multifamily assets across high-growth…
Greybrook recently hosted its 2026 town hall event, bringing the entire team together to reflect on the progress we’ve made, celebrate the people driving our success, and share a clear vision for the next phase of growth. This year’s gathering focused on the strength of our foundation…
As we continue to strengthen our foundation and build from a position of discipline and focus, we are proud to recognize the individuals who are helping drive that progress forward. We’re pleased to celebrate well-earned promotions across our team, honoring the dedication,…
With development activity slowing and capital becoming increasingly selective in today’s market, it’s more important than ever to sit down, cut through the noise, and have an honest conversation about what’s really happening on the ground. Last weekend, Greybrook Securities…
At Greybrook, 2025 was a year defined by leadership, perspective, and purposeful progress. Throughout the year, we remained at the forefront of industry conversations, helping to shape dialogue across the real estate and housing development landscape while continuing to execute…
Sasha Cucuz, CEO of Greybrook, joined Jake Cohen, President of Daniels Corporation, and Bob Blazevski, President and CEO of Blaze Urban, on the Toronto Under Construction podcast hosted by Ben Myers, President of Bullpen Research & Consulting Inc. The discussion…
We are pleased to announce that Elser Hotel & Residences in downtown Miami is now fully sold out. With its unique hotel-condo model, prime waterfront location, and expansive amenity platform, Elser has attracted exceptional demand across local, national, and international…
Following a well-received sales launch in October, the initial release of single-detached homes at Chateau 9 in Stouffville rapidly sold out, prompting the release of an additional wave of homes. To date, the community has achieved an impressive 91% sell-through…
