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Fourth lender adds demand for repayment of loans to developer StateView

Published: May 10, 2023

Meridian Credit Union filed an application to appoint a receiver for StateView Homes which was planning to build 206 townhouses on raw land near at 12942 York Durham Line in Stouffville, Ont.,

Source: theglobeandmail.com

StateView Homes lenders demand to be repaid close to $200-million in loans

Published: April 29, 2023

The lenders are demanding repayment of $167.8-million and $4-million that was advanced to StateView for a variety of residential and commercial properties

Source: theglobeandmail.com

Toronto-area housing developments at risk as lenders accuse StateView Homes of wrongdoing

Published: April 26, 2023

TD alleges ‘cheque-kiting’ cost the bank $37-million

Source: theglobeandmail.com