Greybrook invested equity capital alongside PMG and is overseeing their development of the project in Downtown Miami.
Located at 398 NE 5th Street, the property features unobstructed waterfront views of Biscayne Bay, Miami Beach, South Beach and the Atlantic Ocean. The hotel and residences will provide future tenants convenient access to everything the Downtown Miami core has to offer. The property is adjacent to Bayside Marketplace, Bayfront Park, and FTX Arena.
Across our portfolio, we completed over 1,600 home closings last year both in Ontario and South Florida, with the momentum continuing into 2024 with over 1,700 homes set to occupy and close throughout the year. Whether it is a single-family…
Our 49-storey luxury condominium with developer partner PMG continues to garner interest from both local and international buyers eager to leverage its appealing hotel-condominium program, which commenced operation last summer. Since its late 2022 launch, the downtown Miami hotel and…
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…
Greybrook and PMG are pleased to announce The Elser Hotel & Residences Miami, a 49-story new construction luxury condominium located at 398 NE 5th St., has successfully closed on $80 million in sales in less than 60 days. This immense…
On November 17th the Development Team celebrated the official launch with a ribbon-cutting ceremony that also marked the launch of the hotel component at The Elser alongside our partner, PMG, and industry leading hospitality management company, Highgate. The hotel welcomed…
Miami has demonstrated exceptional market fundamentals, with accelerated corporate and population relocation in recent years. The demand surge has not been met with commensurate housing supply growth resulting in pronounced price increases for housing that has even outpaced rent growth.…
Building top-off is a major construction milestone in the development of high-rise towers. In Q2 2021, our 49-storey Society Biscayne development – one of a growing number of Greybrook’s Society Living rental communities in development across the US – topped…
Our Society Living communities with partner PMG have been designed to enable meaningful connections in bustling urban centres. Built around the four principles of culture, growth, wellness and togetherness in order to create a strong sense of community, our recently…
Our social living development, Society Biscayne, at 400 Biscayne Boulevard continues to rise as construction advances since our last update. The building’s 14-storey podium has officially been topped off, which will house future retail and be home to the First…
Construction at Society Biscayne, one of our three social living communities with partner PMG, has been progressing quickly with a notable amount of progress on site since our last update. In recent months two hammer cranes have been installed and…
Developer partner PMG recently unveiled their latest multi-family brand collection, Society. A platform of socially-focused apartment communities, Society addresses the strong demand for attainably priced rental housing in attractive urban locations across the U.S. Complementary to sister brand, X Social Communities (XSC),…
The shoring and excavation program for our X Biscayne project, in partnership with PMG, has been progressing well since our last update. Following the official ground-breaking ceremony in July, recent aerial images show the progress of the foundational work on…
In this video Greybrook Realty Partners CEO, Peter Politis and Greybrook Securities CEO, Sasha Cucuz alongside PMG Principal, Ryan Shear share their insights on the latest platform that is redefining the concept of social living in major urban centres…
We are pleased to share our first aerial photos of our X Biscayne development. After the project’s recent ground-breaking ceremony, hosted by our developer partner Property Markets Group (PMG), we are excited to see the project’s shoring and excavation program…
Greybrook is thrilled to announce the official groundbreaking for our X Biscayne development with Property Markets Group (PMG) took place earlier this week. Marking the start of construction, the groundbreaking ceremony was led by PMG’s Principal, Ryan Shear, followed by…
Renderings of Greybrook’s X Biscayne Miami development in the heart of Downtown Miami have hit the media and paint an exciting picture of what’s in store for future tenants and the neighbourhood. The building will house 646 apartments, over 47,000…
X Biscayne (400 Biscayne Blvd.) Site Cleared for Construction Demolition of the structure at 400 Biscayne Boulevard has been completed and the site is being prepared for the next steps in the construction process. Plans for the site include the…
We are pleased to share that our 400 Biscayne development with developer partner Property Markets Group (PMG) has been branded X Biscayne. Part of PMG’s growing portfolio of X Social Communities, X Biscayne will provide residents with a fun and…
X Miami is taking residential rental living to a whole new level with their fun and unique amenities. The latest development from Greybrook’s developer partner on 300 Biscayne, 400 Biscayne and X Las Olas, Property Markets Group (PMG) is offering…
We are pleased to share that the property closing of our Miami II development with Property Markets Group (PMG) took place on January 18th. PMG issued a press release regarding the funding of our development at 400 Biscayne Boulevard, which…
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Greybrook Realty Partners Inc. announced today the successful closing of an initial equity investment by its managed issuer of CDN$40,484,720. On the scheduled closing date, the…
