G
reyhill Real Estate LP, a leading private equity firm in multi-family and commercial real estate investments, has strengthened its position in Northern Ontario with the acquisition of five properties for $38.4 million. This strategic move, completed in two phases during 2024, significantly enhances Greyhill's presence in the region.

    The acquired portfolio includes properties in Haileybury and Timmins, adding 236 residential units and 6,770 square feet of commercial space to Greyhill's portfolio. The acquisition increases its assets under management to approximately $83 million as of December 2024.

    "These properties align with our strategy of identifying undervalued assets and markets," said Liam Dougherty, Managing Partner of Greyhill Real Estate LP. "Northern Ontario's economic transformation makes it an attractive region for long-term real estate investment."

    The expansion into Haileybury and Timmins reinforces Greyhill's commitment to Northern Ontario, complementing its existing presence in Sudbury and North Bay. This move capitalizes on the region's emerging role in Canada's economy, accounting for over 25% of Canada's total mineral production value.

    Greyhill Real Estate LP is a private equity firm specializing in acquiring and optimizing multi-family and commercial real estate assets in secondary markets. With a focus on Northern Ontario, Greyhill leverages its vertically integrated active management platform to create value for investors and contribute to local community development.

    For more information about Greyhill Real Estate LP and its investment strategies, please visit www.greyhillpartners.com.