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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

Greenbriar Sustainable Living Inc > "entitlement"
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Comment by shnepson Jun 10, 2023 2:03pm
181 Views
Post# 35490052

RE:"entitlement"

RE:"entitlement"Noting this Tehachapi Economic Development News that Navajojo mentioned I went back and read further the "actual" real estate stats for 2021 and 2022 ffor the City of Tehachapi.

"Interest rates are causing some challenges in the real estate market, but sales remained steady in the City of Tehachapi. 111 single family homes were sold in the city in 2022 with an average closing price of $373,000 and a median closing price of $350,000. By comparison, in 2021 there were 245 single-family home sales with an average closing price of $327,000 and median closing price of $310,000.

Here is the Redfin data for zip code 93561 (which includes the unincorporated areas of Golden Hills, Stallion Springs, Bear Valley Valley and Tehachapi) for the past year in which it states 122 homes sold (down 35%) from the previous year.

https://www.redfin.com/zipcode/93561/housing-market

Pretty tough when I believe Jeff said something about 700+ homes sold and 300 homes (may not be verbatim) of those sold by Keller-Williams.


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