hey guys, i got me a 7 unit under contract in Charlottetown,PEI. Its cashflowing decent already but definitely can be improved, looking for an experienced Co-Managing partner and investors. Give me a shout (250)777-3876

E-mail alex.basso@greybrook.com for more details. WEBINAR DETAILS: To learn more about this investment opportunity, please watch the available webinar – Click here to view Greybrook, in partnership with Stafford Homes, is excited to present our new offering, the “Greybrook Yonge and Eglinton Limited Partnership” and “The Greybrook Yonge and Eglinton Trust”: - Opportunity to invest in the acquisition and development of a condominium development site comprised of an assembly of five homes located just steps away from Yonge and Eglinton, on Berwick Avenue, just a short walk from Eglinton Subway Station.(1) - The property is being acquired for approximately $59 per square foot and is being purchased debt free. - With a walk score of 100, the site is steps away from an array of shops, restaurants, services, and cafés on Yonge Street, the Yonge-Eglinton Centre, Farm Boy grocery store (located across the street from the project site), Eglinton and Oriole parks, and numerous other amenities to meet residents’ daily needs.(1) - In and around the Yonge and Eglinton area, only four new high-rise condominium developments have been introduced since 2021, selling at an average price of ~$1,608 PSF with prices reaching north of $1,700 PSF.(2) - The project has been underwritten based on an average sale price of $1,295 PSF, which is anticipated to enable us to achieve our target returns at a material discount, when compared to previous recent projects in the area.(3) - 135% projected return on investment (ROI), which translates to a 20% projected average annual return (AAR) and a 20% projected weighted average annual return (WAAR).(4) - Estimated total term of the project: 6.75 years.(5) - Minimum investment $25,000 – available to ACCREDITED and ELIGIBLE investors. - Registered Plan Eligible (RRSP, TFSA, RESP and LIRA, among others). - With a transit score of 100, the property is within short walking distance to the future Metrolinx Eglinton Crosstown LRT line, expected to open in 2025 or shortly thereafter.(1)(6) - Stafford Homes is a long-standing Greybrook partner with a portfolio of over 20,000 homes in Canada and the United States, representing an estimated completion value of over $10 billion.(7) - This will be Greybrook and Stafford’s 9th development project together.

I was doing some research on ChatGPT to deepen my own understanding on GP/LP roles and responsibilities, and the answers that ChatGPT pumped out were just so concise and valuable I felt it would be worth a repost here: In a real estate fundraising partnership structure, the division of duties and rights between general partners (GPs) and limited partners (LPs) typically follows these guidelines: GENERAL PARTNERS (GPs) Duties 1. **Management and Control:** GPs are responsible for the day-to-day management and operational decisions of the partnership. This includes property acquisition, financing, asset management, leasing, and eventual sale of properties. 2. **Fundraising and Investor Relations:** GPs raise capital from investors, manage investor relations, and ensure compliance with regulatory requirements. 3. **Strategic Planning:** GPs develop and implement the investment strategy, including selecting target markets and property types. 4. **Reporting:** GPs provide regular updates to LPs on the performance of the investments, including financial statements and other relevant reports. 5. **Risk Management:** GPs handle risk assessment and mitigation strategies, ensuring the protection of the partnership’s assets. RIGHTS: 1. **Management Fees:** GPs typically earn management fees, which are a percentage of the capital under management. 2. **Carried Interest:** GPs receive a share of the profits (carried interest) above a certain return threshold, often referred to as the “promote.” 3. **Decision-Making Authority:** GPs have the authority to make decisions regarding the investment and operations of the partnership. Limited Partners (LPs) DUTIES 1. **Capital Contribution:** LPs provide the bulk of the capital required for the real estate investments. 2. **Limited Involvement:** LPs are typically passive investors, meaning they do not participate in the day-to-day management of the partnership. RIGHTS 1. **Profit Sharing:** LPs receive a share of the profits generated by the partnership, typically after the GPs have received their management fees and carried interest.

I have a client selling an investment property in Thorold, the location is excellent, minutes to Brock University and on the NRT line. 3 Bedroom 1 Bathroom upper unit and 3 Bedroom 1 Bathroom lower unit. Monthly Cash flow is $475 month with the basement unit is filled at market rents, upper unit tenant is paying $2150 + hydro and is great tenant. It is an unregistered two unit, meaning the city views it as a single family home and just need to go through the process to register the basement suite, however most everything is in place (interconnected smoke detectors in units, smoke detector on furnace, two points of egress in basement, just to name a few). It also have separate hydro meters and both units are in great condition, renovated within the last 5 years with many new updates in last 2 years while. my client has owned it including new roof. Let me know if anyone is interested in learning more about this opportunity please connect with me.

Hey everyone! 🗓️ Mark your calendars! You won't want to miss this. This Thursday - April 25th - at 12:00pm EST we are hosting a live session with Mark Morris, who is an award-winning Real Estate Lawyer with over 20 years of experience. This seminar will focus on partnership structures in real estate investing. You can find the link for the seminar in the calendar. where you can add it to your own. Hope to see you there!