Together with our partners, we have actively invested, managed and developed in key US and Canadian cities for over 70 years.
Bespoke co-investment opportunities in residential real estate include Ace, Margarite, 3300 Whitehaven and Mayfair West.
Ace
- Submarket: Berkeley (California)
- Units: 163 / 368 beds
- Year completed by Grosvenor: 2024
- Located in Downtown Berkeley, Ace is steps from vibrant restaurants, cafes, shops, and one block from the University of California campus. The greater Bay Area is easily accessible via a two-block walk to the nearest Bay Area Rapid Transit (BART) station.
- Berkeley’s rental market is driven by the university’s growing enrollment and a high density of student renters. Limited housing supply in Berkeley has led to low vacancy rates and steady long-term rental growth.
- Downtown Berkeley faces strict development constraints; Ace was among the last 100ft+ tall Type 1 buildings to secure entitlements.
- Residents enjoy co-working spaces, meeting rooms, a fitness centre, a dog run, and a fireside lounge and rooftop deck with BBQ’s and panoramic Bay Area views.
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Margarite
- Submarket: Union Market (Washington, D.C.)
- Units: 260
- Year completed by Grosvenor: 2023
- Union Market is one of D.C.’s most vibrant and rapidly growing neighborhoods and is known as the city’s culinary epicentre. This walkable, transit-friendly community boasts a walk score of 96, with Amtrak and Metro rail access to D.C.’s attractions and over 110m sq. ft. of office space (supporting 564,000+ jobs).
- Over 375,000 sq. ft. of diverse retail at Union Market includes two large food marketplaces, boutique shops and the retail incubator La Cosecha, which showcases a 20,000 sq. ft. Latin-inspired fashion, home goods, and dining, including Michelin-starred Masseria. Residents also have immediate access to four major grocery stores: Trader Joe’s, Harris Teeter, Whole Foods, and Streets Market.
- Margarite’s premium amenities include a private library, third-floor garden and a fully equipped fitness centre. The penthouse-level lounge features a chef’s kitchen, outdoor fire pits, grilling stations and 360-degree views of D.C.’s iconic skyline.
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3300 Whitehaven
- Submarket: Georgetown (Washington, D.C.)
- Units: 272
- Estimated completion date: 2028
- Upon completion, 3300 Whitehaven will be Georgetown’s largest multifamily rental and the first 150+ unit development since 1924. Limited land availability and strict federal architectural reviews make projects of this scale exceptionally rare.
- Overlooking historic Dumbarton Oaks Park, 3300 Whitehaven is proximate to Washington’s top amenities and Georgetown’s 2m+ sq. ft. of retail, with 450+ shops and restaurants just a 20-minute walk away.
- Residents are within a 20-minute drive of D.C.’s top employment hubs—Downtown, Bethesda, National Landing, Rosslyn-Ballston, and Tysons—covering 65% of the metro’s office market.
- As the region’s first residential mass timber project, 3300 Whitehaven’s leading-edge cross-laminated timber (CLT) superstructure will cut embodied carbon by thousands of metric tonnes while fostering a unique, health-focused living environment.
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Mayfair West
- Submarket: Oakridge (Vancouver, BC)
- Units (Phase 1): 300 condominiums, 180 market rental homes & 60 affordable rental homes
- Estimated completion date: 2028
- Mayfair West, a 14-acre site in Vancouver’s Oakridge neighborhood, is one of the city's largest remaining development opportunities. Located on 41st Avenue near Oak Street, it’s a 10-minute walk from Quadreal/Westbank’s Oakridge Park redevelopment and the Canada Line which offers rapid access to Downtown and YVR airport.
- Phase I, which includes 300 for-sale condominiums, 180 market rental homes, 60 affordable rental homes and 23,600 sq. ft. of retail, has been significantly de-risked with the development permit ready for issuance and a presales Presentation Centre completed. Sales are estimated to launch in Spring 2025 followed by construction commencement in Q4 2025.
- The five-phase project will deliver 1,100 for-sale condominiums, 460 market rental homes, 160 affordable rental homes, 200 social housing units, 35,000 sq. ft. of retail, a 69-space daycare and a 2-acre public park.
- Grosvenor has a 70+ year track record in Vancouver, a dynamic city that is attractive as a high barrier to entry market, benefitting from strong immigration, highly regarded educational institutions, employment growth, and low supply/vacancy.
Contact our team for more details