Troubled condo project The One looking for $1.2-billion sale – or else lenders won't unload it
Lenders are owed $1.5-billion after Sam Mizrahi and Jenny Coco defaulted on loan payments during construction
Source: theglobeandmail.com
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How a Toronto luxury condo dream turned into a nightmare
Sam Mizrahi is out and insiders say he was in over his head. Mizrahi disagrees, saying issues with stakeholders hindered construction
Source: stcatharinesstandard.ca
Edward Rogers' real estate fund sues Sam Mizrahi over unpaid debt – but Mizrahi alleges 'predatorial' behaviour
Constantine Enterprises Inc. alleges it is owed $29-million by Mr. Mizrahi for its 180 Steeles project, setting the stage for the latest in a series of court fights between him and his development partners
Edward Rogers Jenny Coco Robert Hiscox Sam Mizrahi Skygrid Construction Inc Duca Financial Services Credit Union Ltd
Source: theglobeandmail.com
What's going on at The One, Toronto's troubled $2-billion mega-tower?
Developer Sam Mizrahis company was ousted from The One condo tower project in Toronto. Heres what you need to know. Read on.
Source: leaderpost.com
Sam Mizrahi replaced as construction manager of troubled condo project The One
Court-appointed receiver overseeing development discovered project management deficiencies
Jenny Coco Alvarez Marsal Sam Mizrahi Alvarez Marsal Canada Inc Skygrid Construction Inc Log Increate Free
Source: theglobeandmail.com
Lead lender to Sam Mizrahi and Edward Rogers' condo project alleges loan default, requests court-appointed receiver
In a Superior Court filing, Duca Financial Services Credit Union Ltd. alleges its $35-million loan is now in default
Source: theglobeandmail.com
Delays and a $1.2 billion debt end Toronto's flagship Apple Store hopes
Plans to bring a new flagship Apple Store to Toronto have been canned after the company developing the building failed to do its part.
Source: imore.com
National unity is fraying. Who's to blame? Plus other letters, Oct. 24: 'Short-sighted and opportunistic provincial leaders'
In today’s letters to the editor: Justin Trudeau; Danielle Smith and Alberta; building condos; French immersion; Quebec tuition
Source: theglobeandmail.com
Inflation dips, Scotiabank cuts workforce and Toronto's The One put into receivership: Business and investing news for October 22
Plus, Rob Carrick asks: Are you using your TFSA and RRSP in the correct way?
Source: theglobeandmail.com
Luxury Toronto condo The One put into receivership and more Canadian real estate news for October 21
Plus, this week’s lowest variable and fixed mortgage rates
Source: theglobeandmail.com