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Refinancing follows $20M modernization of historic building, focused on sustainability, wellness, and amenities.
Grosvenor’s latest value-add residential acquisition, continuing the firm’s strategy to invest and improve high-quality residential buildings in its core coastal gateway markets.
Overseeing $1.1bn in value across active projects within Grosvenor’s Structured Development Finance business in North America.
The upcoming Brentwood Block will feature six residential towers with 3,500 homes including 2,450 rentals, new community centre and unprecedented public spaces for residents and the community.
Project will add 163 rental residences one block from University of California - Berkeley and Downtown Berkeley Bay Area Rapid Transit (BART) station.
Our North American property business has acquired the Oakridge Transit Centre (OTC), one of the largest undeveloped sites in Vancouver, with plans to turn the 14-acre site into a new 1.5 million square foot, mixed-use community.
Furthering its investment in the East Bay, Grosvenor’s latest project will add 225 rental residences, including affordable housing, near transit.
Marks fifth deal into Grosvenor's True North III Partnership.