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Greenbriar Sustainable Living Inc V.GRB

Alternate Symbol(s):  GEBRF

Greenbriar Sustainable Living Inc. is a developer of sustainable entry-level housing and renewable energy projects. The Company’s primary business is the acquisition, management, development, and possible sale of real estate and renewable energy projects. It operates through three segments: real estate development in the United States (Real Estate), solar energy projects in Puerto Rico (Solar Energy) and corporate headquarters located in Canada (Corporate). The Company is focused on building two large-scale projects, namely Sage Ranch in Tehachapi, California and Montalva in Guanica, Puerto Rico. Sage Ranch is a real estate community of over 995 entry-level homes in the Tehachapi Valley, a community located in southern California. Its Montalva property (1,747 acres) is a large utility-scale solar and battery storage building with an initial size of 80 MWac or 160 MWdc, located in the southwestern coastal area of Puerto Rico. Its Cordero Ranch property is located in Cedar City, Utah.


TSXV:GRB - Post by User

Post by tylerreddickon May 21, 2024 8:25am
92 Views
Post# 36049564

NEWS!!!!!!!!!!!!!!!

NEWS!!!!!!!!!!!!!!!https://www.tehachapinews.com/news/water-district-s-suit-against-city-still-waiting-for-judge-s-decision/article_1cf5e46a-16f1-11ef-b0d4-47f2097cd8ef.html

There was no news last week from Sacramento County Superior Court Judge Stephen Acquisto on a dispute over the city’s approval of the proposed Sage Ranch subdivision. As of mid-afternoon Monday, the court website had not published a decision.

At a May 15 meeting of the Tehachapi-Cummings County Water District Board of Directors, General Manager Tom Neisler said the judge has 90 days from the hearing date to make a decision.

So far, there has been no evidence of construction activity in the area, and a date for a planned groundbreaking has not been made public. The company has set up a new website for the project, sageranchhomes.com. At some time since the new website was launched in mid-April the estimated homeowners association fees increased from $125 per month to $180 per month. Prices for the homes have not been released.
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An extra $180/month on top of your mortgage is not insignificant.
And what will the final price of the homes actually be? Building costs continue to rise with every delay, as does the cost of putting in the infrastructure. JMO
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