Since our last update, we are pleased to report that over 95% of the homes that comprise Phase 1 and 2 have been sold, driving the decision to launch Phase 3 sales in November 2021, adding an additional 104 units to the project.
Construction of Phase 1 is expected to be completed by the end of 2021 with vertical construction of Phase 2 expected to commence by January 2022. Servicing of the remaining portion of the Phase 2 lands is currently underway and expected to be complete by August 2022, with initial Phase 2 home closings set to commence in Q4 2022, and final home closings taking place shortly thereafter in Q1 2024.
Located in the historic town of Fergus — minutes from the stunning heritage shops and homes that line the banks of the Grand River, Storybrook’s wide selection of traditional family home designs will exude style and comfort amongst the natural beauty of the community.
The Greybrook U.S. Multifamily Income & Growth Fund has completed its acquisition of Evolv Apartment Homes, a 334-suite garden-style community in Mansfield, Texas. It is the Fund’s third property, and it establishes Dallas–Fort Worth as our second core market, alongside…
Listen to this article: Rising long-term yields are usually read as bad news for real estate. Our view is that for U.S. multifamily rental housing, a structurally higher risk-free rate is closer to a tailwind than a headwind — provided…
An oil shock has pushed Canadian inflation to around 3%, and on October 28 the Bank of Canada raised rates by a quarter point, even as the economy softens. With the U.S. midterms and a federal budget unfolding in the…
Greybrook Securities CEO Sasha Cucuz recently joined fellow industry leaders to tackle the economic pressures shaping the future of Canadian housing. Speaking at the Veritas 14th Annual Great Canadian Real Estate Conference, Cucuz participated in a highly anticipated panel discussion…
Listen to this article: It is difficult to find a market conversation today that does not eventually lead back to interest rates. For Canadian advisors, there are particularly good reasons to be paying attention. U.S. Treasury yields have moved materially…
Last season, Greybrook became the first-ever lead sponsor of York Lions Men’s Hockey. This year, extending that support to the women’s program was a natural next step and reflects something we believe deeply: sport shapes future leaders. It is an…
Greybrook team members rode in support of the 7th Annual Velo Blu Charity Bike Ride in Niagara-on-the-Lake, helping raise $270,000 to advance research into rare childhood diseases and gene therapy through the Blu Genes Foundation. Held at the scenic Peller…
On Sunday, September 20, Greybrook joined runners, walkers, volunteers and community supporters at the 17th Annual Constantine Yorkville Run, coming together to raise funds for charities making a difference across Toronto. As a Presenting Partner, Greybrook was proud to once…
Members of Greybrook’s Institutional Capital Markets team recently attended and sponsored Future Proof Festival, the world’s largest four-day wealth management festival, held in Huntington Beach, California. As part of its sponsorship, Greybrook supported the QWealth Canadian Lounge, a dedicated gathering…
Lindsay Heights, our low-rise, master-planned community in the City of Kawartha Lakes, is set to welcome one of its most anticipated neighbourhood retail additions with the opening of a Walmart Supercentre. Located at the northwest corner of Lindsay, at Highway…
