A big congratulations goes out to Stephen Price, the newly named President and CEO of Graywood Developments.
Garnet Watchorn, Chairman of Graywood, announced Price will head the development firm, which has both residential and commercial projects under construction in Toronto and Dallas, Texas.
Price joined the company in 2007 as Senior Vice President, Corporate Development.
He quickly rose through the ranks and oversaw the company’s growth and operating strategies when he took on the role of Chief Operating Officer in 2008 – the position he held before his recent big promotion.
Graywood is behind some stand-out Toronto developments including FIVE Condos, which boasts a historically-designated façade, the popular Ocean Club Waterfront Condominiums and The Mercer, a tower at the heart of the city’s burgeoning Cultural Corridor. Established in 1985, Graywood has in excess of $1.5 billion in residential and commercial properties in North America.
We buzzed with Price way back in the fall of 2010 and talked about developer collaborations, the importance of location and the future of the industry (and detected a hint of great things to come in his future too).
Price brings with him 23-years of experience in the real estate industry and an impressive CV that includes senior management positions in both private and public companies that focus on investments, development and asset management.
He completed an Honours Business Administration degree from the Richard Ivey School of Business, University of Western Ontario and is also CFA Charterholder.
We hope Price enjoys having his name on the door of the corner office!