Greenbriar Capital Corp. (TSXV:GRB) - CEO, Jeff Ciachursk.
CEO, Jeff Ciachursk.
Source: YouTube.
  • Greenbriar Capital Corp. (GRB) has engaged Paul Morris Forward Living to sell its Sage Ranch
  • The net selling price is US$139 million (C$181 million) or US$3.71 (C$4.82) per share
  • Altus Group Limited completed a conservative financial feasibility study on Sage Ranch in January, with the net profit to Greenbriar then calculated at US$173.9 million
  • Greenbriar is a leading developer of renewable energy and sustainable real estate
  • Greenbriar Capital Corp. opened trading at $1.34 per share

Greenbriar Capital Corp. (GRB) has engaged Paul Morris Forward Living to sell its fully entitled 995 home Sage Ranch subdivision in California.

The company plans to sell the subdivision for US$139 million (C$181 million) or US$3.71 (C$4.82) per share.

Greenbriar and its general contractor will oversee the construction oversight and permitting.

Altus Group Limited completed a financial feasibility study on Sage Ranch in January. The net profit to Greenbriar was calculated at US$173.9 million. The $139 million selling price is a discount from Altus’s US$173.9 million profit estimate.

Altus Group Limited provides real estate feasibility reports for banks and lenders in North America.

Forward Living’s Paul Morris has ownership and management of 7,500 real estate agents in California, completing $24 Billion of real estate sales in 2021.

Greenbriar is a leading developer of renewable energy and sustainable real estate.

Greenbriar Capital Corp. opened trading at $1.34 per share.

More From The Market Online

Fortis expects steady growth through 2028

Fortis is charting a path of steady growth in its 2024-2028 outlook marked by C$25B in investments and a rate base CAGR of 6.3…

Atco (TSX:ACO.X) subsidiary Canadian Utilities (TSX:CU) closes $713M acquisition and signs agreement with Microsoft

Atco Ltd. (ACO.X) signed an agreement with Microsoft Corporation Through its subsidiary Canadian Utilities Limited (CU),...
Hydro One - Incoming President and CEO, David Lebeter.

Hydro One (TSX:H) appoints David Lebeter as President and CEO

Hydro One (H) has named David Lebeter as its new President and CEO Lebeter brings more than...

H2O Innovation (TSX:HEO) details promising cartridge filter cleaning solution

H2O Innovation (HEO) has successfully performed a cleaning-in-place for cartridge filters using its Genesys-PWT membrane cleaners,...