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 off. Construction is moving quickly with unit framing completed through the 26th floor and the installation of glass paneling surrounding the podium of the building is well underway.
Society Biscayne’s pre-leasing program is set to commence this summer with first occupants expected to move-in late 2021. Located in Miami’s rapidly growing Downtown, the 646-unit social living community features 40,000 square feet of amenity space including a sky pool bar, an oversized fully-equipped modern gym, and expansive waterfront views. The project is expected to be a highly sought-after residence by the city’s growing population, with 66.7% of the entire population being renters, according to recent statistics.1
Society Biscayne is located across from several Miami attractions including Bayfront Park, the American Airlines Arena, the Adrienne Arsht Center for the Performing Arts, the Frost Museum of Science, and next to Greybrook and PMG’s future Waldorf Astoria Hotel & Residences Miami, an ultra-luxury development that will be the tallest tower south of Manhattan and transform the city skyline. Miami’s Downtown is one of the city’s rapidly transforming submarkets and Society Biscayne is an important part of the area’s evolution into a vibrant live-work-sleep-play neighbourhood.
Society Living communities are designed to provide a growing urban renter population with an enhanced social living experience, along with co-living options that address the strong demand for attainably priced rental housing in attractive urban locations across the U.S.
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…
