COVID-19 Conversations: The Impact on Real Estate Development with Sasha Cucuz, CEO, Greybrook Securities

Kate Tsafatinos Multi-media, Uncategorized

 

The COVID-19 pandemic is having a major impact on nearly every country, industry and individual. In the world of real estate development and for owners of real estate, the implications of policy measures implemented by all levels of government in Canada and the U.S. are forcing developers to adapt quickly to keep projects progressing.

In this session, Greybrook Securities Inc., CEO, Sasha Cucuz, discusses with D’Arcy McConvey, Director, Private Capital Markets, the impact the novel coronavirus outbreak is having on Greybrook’s active portfolio of more than 50 projects across Southern Ontario, Quebec, South Florida and Houston, Texas. Hear firsthand how Greybrook and our developer partners are managing through this unprecedented situation.

Some key highlights covered in the conversation include:

  • The impact “Shelter in Place” has had thus far on the construction of homes, the development planning process, new condo and low-rise housing sales, and home closings
  • How Greybrook and all of our partners are coming together to respond and actively navigate the current climate
  • As owners of more than 2,000 apartment units across North America, what is our immediate strategy to protect Greybrook’s value-add portfolio?
  • What is the potential outlook from here?

We are committed to keeping our investors, stakeholders and communities informed and connected throughout this unique and evolving moment in history. We welcome your feedback, and want to know what questions you want answered as we work so we can provide you with engaging and relevant content from our vantage point.

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