Toronto-based real estate investment management company, Graywood Developments Ltd., has appointed Stephen Price to president and CEO.

Price has been with Graywood since 2007, when he was named senior vice-president of corporate development. He has 23 years experience in the real estate industry, and has held senior management positions in private and public companies that focus on investment, development and asset management.

Graywood was founded in 1985, and has offices in Toronto and Dallas. The company has more than $1.5 billion in residential and commercial properties under development and management in Canada and the U.S.