Genesis Land Development sells 40% stake in Huxley project for $21.4m

Genesis Land Development sells 40% stake in Huxley project for $21.4m

Genesis Land Development Corp. (TSX: GDC) has reached a significant milestone in its expansion efforts within Calgary’s real estate market by selling a 40% ownership stake in the Genesis Huxley development project. This transaction, involving two local home builders, is valued at gross proceeds of $21.4 million, signaling a robust interest in Calgary’s growing residential […]