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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 Bull-Roaron Jul 13, 2021 9:28am
268 Views
Post# 33535141

GRB NR

GRB NRNicely done Jeff!!!
BR

 

ORIGINAL: Greenbriar Announces Full Sage Ranch Planning Commission Approval

 

2021-07-13 08:41 ET - News Release

 

Vancouver, British Columbia--(Newsfile Corp. - July 13, 2021) - The Company is extremely pleased to announce the USD $480 Million - 995-unit Sage Ranch sustainable housing project located in Southern California was approved by the Planning Commission, 4 to 1 in favor to approve Sage Ranch. A simple majority was required and 4 to 1 voted in favor.

The 496-page Planning Commission agenda and Staff Report including the extensive Environmental Impact Report, is available to download at https://www.liveuptehachapi.com/AgendaCenter/ViewFile/Agenda/_07122021-178

Sage Ranch is an essential USD $480 Million, 995 home sustainable sub-division. Non-dilutionary bank construction financing will be provided at the project level. Further, the USDA and other federal agencies provide 30 to 38-year, sub (2%) two percent home purchase mortgages requiring only a 3% down payment, making the mortgage payments to assist professional families, seniors and single occupants, an affordable home ownership package that is less expensive than renting.

Greenbriar owns the 995-unit project without any debt, being one of the only projects of this size in the USA, to own 995 lots, debt-free. Greenbriar has been invested in this project since 2011. In attendance on July 12 to support the construction for this project, was our architects, engineers and senior military leadership that backed our project to benefit the massive government aviation projects and its professional families, both uniformed and civilians, located nearby.

Greenbriar congratulates the City Staff and the community as a whole, for enabling Sage Ranch to have the lowest carbon footprint of any housing project of this size in the USA. Immediately adjacent Sage Ranch, are a high school, middle school and elementary school, eliminating automobile travel for education and sports. Contained within Sage Ranch are nine parks, a swimming pool, clubhouse, and soccer and tennis courts. Greenbriar will have the appropriate certification agencies document and register the carbon credits created by the offsetting of millions of tons of CO2 emissions. Sage Ranch is also a short five block walk to the historic downtown.

Sage Ranch has engaged Paul Morris-Forward Living Keller Williams, to lead the sales effort. We already have over 250 homes as a purchase request. Paul Morris is a significant Keller Williams' Regional Owner and Regional Director for three California Regions (Central, South Central & Southern California), where he has oversight of 36 offices and more than 8,400 realtors who close more than $18 billion in sales volume per year.

In addition, as CEO of Forward Living, Paul has grown his own offices to become Keller Williams' #1 franchisee outside of Texas with ownership in nine offices and with more than 3,400 realtors and $8.2 billion in annual closed volume. Paul and his team have led Keller Williams Realty to the #1 spot for market share in Los Angeles City, Los Angeles County and Beverly Hills. Real Trends 500 ranks Paul's group as the 24th largest real estate brokerage firm by volume in the U.S. and the 2020 Swanepoel 200 ranked Paul as the 64th most powerful person in residential real estate in the U.S.

Keller Williams awarded Paul the prestigious Entrepreneur of the Year Award, he is quoted in Gary Keller's Millionaire Real Estate Investor book, and is a part of the Keller Williams Master Faculty. Paul is the author of the New York Times Bestselling book Wealth Can't Wait (www.wealth.org). Paul embodies servant leadership and we are proud to be in business with him.

Paul is a prolific entrepreneur, real estate investor, author, trainer, and business consultant. As an active and consistent investor, he has grown his real estate portfolio to more than 700 rental units and 150,000 square feet of retail commercial space.

Paul is an Oxford Graduate, Cornell Law School Juris Doctorate and prior to working full-time in real estate, Paul had a successful legal career - highlights which include his work at the international law firm Proskauer Rose, and as Senior Counsel at the US Department of Justice consistently reporting to the US Attorney General Janet Reno and to the Counsel of the President.

ON BEHALF OF THE BOARD OF DIRECTORS

"Jeff Ciachurski"

Jeffrey J. Ciachurski
Chief Executive Officer and Director
Phone 949.903.5906

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute "forward-looking statements" and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company's strategy, plans or future financial or operating performance and other statements that express management's expectations or estimates of future performance.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90083

© 2021 Canjex Publishing Ltd. All rights reserved.

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