Greybrook leaps into Brooklin
February 16, 2018
Greybrook Realty Partners, in partnership with Fieldgate Homes, has put up $10.9 million to acquire and develop a prime 18-acre parcel of residential land in Brooklin, Ontario.
Fieldgate will develop the land into more than 170 single-detached homes, freehold townhomes and condominium townhomes, the company said.
Brooklin is part of the community of Whitby, about 65 kilometres east of Toronto.
“We are delighted to announce our fourth venture with Fieldgate Homes, an exceptional partner with an established track-record of success,” said Peter Politis, CEO of Greybrook Realty Partners. “This development represents another high-quality addition to our portfolio and our second venture with Fieldgate in Whitby.”
Greybrook is a Toronto-based asset management firm that invests in large-scale development-based opportunities in Ontario and Florida.
Based in Toronto, Fieldgate Homes is a leading Ontario homebuilder with approximately 40 years of experience.