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Greybrook Realty Partners Invests $41,765,000 to Develop a Luxury High-Rise Condominium with .
Greybrook Realty Partners Inc.January 20, 2021 GMT
TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) Greybrook Realty Partners Inc. announced today the successful closing of an equity investment by its managed issuer of $41,765,000 to acquire five properties located at 148, 152, 156 Avenue Road, 224 and 234 Davenport Avenue, in the City of Toronto and oversee the development of the assembled parcel of land. Together with its developer partner, Tribute Communities, the firm intends to develop the property into a luxury high-rise condominium residence consisting of over 380 units and more than 6,000 square feet of commercial space at grade.