Greybrook Closes $4,000,000 Equity Financing for a 96-Unit Townhouse Project

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TORONTO, June 4, 2014 (GLOBE NEWSWIRE) — Greybrook Securities Inc. and Greybrook Realty Partners Inc. are pleased to announce the successful closing of a $4,000,000 equity private placement of units of Greybrook Neilson Limited Partnership.

Proceeds from the placement will be used for the acquisition and development of 96 stacked condominium townhouses located at 1355 Neilson Road in Toronto, Ontario, in the center of one of Toronto’s most dynamic communities. The development will be done in collaboration with Stafford Developments, one of Toronto’s most innovative development companies.

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