FLETCHER ROAD & GOLF CLUB ROAD, HAMILTON
EQUITY INVESTMENT: $21,800,000
TOTAL UNITS: Master-planned community comprised of over 900 units
DEVELOPER PARTNER: Castlepoint Investment Group, Andrin Homes
Greybrook invested equity capital alongside Castlepoint Investment Group and Andrin Homes, and will oversee their development of the Hamilton project.
The development site is expected to be developed into a master-planned community located in Hamilton, Ontario. The city has become a highly sought after housing market. More homebuyers are looking to migrate from the Greater Toronto Area (GTA) to more affordable single-family homes in Hamilton. In 2014, Hamilton had the tightest housing market in the country with the lowest supply demand gap among major Canadian cities.
COMPLETION VALUE*: $400,000,000
*Total completion value estimated at time of investment.