Dorsay Development Corporation
a commercial and residential real estate development and investment company
Dorsay Development Corporation is a real estate development and investment company focused in both residential and commercial real estate. Based in Toronto, Canada, Dorsay has developed numerous high-rise and low-rise residential developments and holds a varied portfolio of commercial investment properties. The success of Dorsay is built on our experience and deep understanding of the dynamics of the real estate market. Combining a broad set of skills and experience from working in diverse sectors such as development, financing and advisory services, our management team can make sound strategic and operational decisions.
Dorsay often collaborates in both development projects and investments with select partners. The company has a solid track record of integrity and astute investments.
We believe in long-term sustainability of the projects we design, develop, construct and own. We strive to establish strong and enduring relationships with all our stakeholders. We believe that by doing things right and treating people right, we will continue to prosper.
Dorsay Development Corporation has been investing in real estate in the Greater Toronto Area since the 1980s. Dorsay has developed and owned significant properties in the residential, office and retail sectors. Through strategic partnerships with Tridel, Oxford, Alberta Investment Management Corporation, Bazil Developments and Heathwood Homes, Dorsay has increased in prominence over the past fifteen years.
To date, Dorsay has:
Dorsay Development acquired one-third interest in two parcels of land in Richmond Hill in 2009. These two subdivisions are known as Forestbrook and Woodlands. Forestbrook consists of 82 homes and 54 townhouses with a 4.5 acre park and a 4.6 acre commercial site. Woodlands consist of 131 homes in four distinct clusters separated by open space and valley lands
Dorsay has partnered with leading names in both commercial and residential sectors. In choosing partners, we look for complementary strengths, aligned visions and a degree of integrity beyond reproach that matches ours. With our financial stability, market leadership and experienced management, we bring a wealth of real estate strengths to the table. In short, it's more than a partnership, it’s a meeting of minds for a productive, enriching, long-term relationship. Some of Dorsay's past and present partners include: Tishman Speyer, Oxford Properties Group, Alberta Investment Management Corporation, Tridel, Heathwood Homes and Bazil Developments Inc.
Dorsay Development Corporation is proud to employ a variety of professionals. The combined expertise of the team is what allows us to prosper, do things right and treat people well.
Geoffrey Grayhurst, Chief Executive Officer of the Dorsay Development Corporation since 1998, has over 30 years of industry experience. As Chief Executive Officer he is responsible for setting and implementing the corporate strategy of the company.
Designations: B.Comm in Economics, MBA
Memberships: NAIOP, Urban Land Institute, BILD, Lambda Alpha International, Board member of REALPAC