During the discussion, Peter provided insight into Greybrook’s expanding portfolio in South Florida with completed projects, including The Elser Hotel & Residences and Society Las Olas, to our projects under construction, such as Waldorf Astoria Hotel & Residences Miami and Society Wynwood.
Peter spoke about the growth that the Sunshine State has experienced over the pandemic and how Greybrook’s investment approach has enabled us to capitalize on the region’s population boom. He also touched on Greybrook’s value-add side of the business with affiliate company Greyspring Apartments and how that side of the business complements our overall investment strategy.
One key topic of discussion was the best way to build more housing in Toronto. Peter emphasized the need to increase the housing supply to meet the city’s growing demand and Canada’s increased immigration targets. He noted a few ways to achieve this goal, including building more high-rise buildings, increasing density in certain areas, and promoting the development of more mixed-use communities.
The conversation offered insight into the current state of the real estate market, including trends in residential rental buildings in Canada versus the U.S. in cities like Toronto and New York. Peter remarked on the importance of building a diverse portfolio no matter the location, from low-rise and high-rise to multi-family and value-add rentals.
Peter remarked there are still many opportunities for investors in the real estate market. By staying informed and leveraging the expertise of experienced investors and developers, hands-on investors can make informed decisions and succeed in the real estate market.
Since breaking ground in September 2021, construction has progressed steadily across the site, with the building top-off expected in early 2024. The compact nature of the downtown construction site at approximately 0.4 acres offered unique challenges to completing the…
Our Linx Condos development will soon reach a significant construction milestone with the official building top-off. We recently took a tour of the high-rise building to see the progress made to date thanks to the hard work of our construction…
Click here to listen to the engaging interview below titled “State of the Market: Mastering Acquisitions.” During the discussion, Peter provided insight into Greybrook’s expanding portfolio in South Florida with completed projects, including The Elser Hotel & Residences and Society…
On April 19, Greybrook’s managed issuer successfully closed on a $40,000,000 equity investment. The funds will be used to acquire and oversee the development of a parcel of land located on the west side of St. Lawrence Avenue, south of…
On the east side of the site, vertical construction of the townhomes has commenced following the completion of the forming of the underground garage last year, with four of the seven townhome blocks on this portion of the site at…
Since we began investing in Florida, we have watched the Sunshine State grow significantly, benefiting from consistent migration to the state and a transformation of cities and key markets along the east coast. With a population of over 22.2 million…
With construction equipment and crews mobilized on site, the foundation digs have begun on the first homes in the community. Construction of the Wastewater Treatment Plant is also progressing well and is expected to be operational in time for the…
This internal event is an opportunity for the Greybrook team to reflect on the achievements and milestones we have accomplished together while looking forward to the year ahead and beyond. Greybrook’s leadership team shared our 2022 achievements during this year’s…
At Greybrook, we are honoured to have many talented, dedicated women on our team who have enormously impacted our company. This year’s International Women’s Day theme is #EmbraceEquity, which emphasizes the importance of creating a more equitable world for women.…
The value-add programs aim to enhance the quality and operation of each of the properties making them more energy efficient, enhancing common areas and the suites, and improving the financial performance of the assets. In Canada, Greyspring’s portfolio includes 30…
