Proceedings.

Ashcroft Homes Group

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Proceeding
Receivership (court-appointed)Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36, as amended
File
CV-24-00098058-0000
Filings held137
Last activity13 Oct 2026
On the record685 days
OverviewSummary updated

Ashcroft Homes Group has been under interim receivership since December 20, 2024, when the Ontario Superior Court of Justice appointed KSV Restructuring Inc. as Interim Receiver over eight related companies, including Ashcroft Urban Developments Inc., Ashcroft Homes – La Promenade Inc. and Ashcroft Homes – Capital Hall Inc., on the application of ACM Advisors Ltd. The order was made under section 47(1) of the Bankruptcy and Insolvency Act and section 101 of the Courts of Justice Act, and included a stay of proceedings. KSV filed its First Report on February 14, 2025, reporting on cash management, insurance, mortgagee correspondence and oversight of the companies' businesses with property managers Brightwater and Varsity. The proceeding remains active under court file CV-24-00098058-0000.

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Case updates157 dated entries
#Sale

The court granted an approval and vesting order for the sale to 1000747194 Ontario Inc. Closing terms, as extracted: Sealed items remain confidential until the earlier of 60 days following closing of the Transaction, or further Order of the Court; vesting effective upon delivery of Receiver's Certificate confirming payment of purchase price, satisfaction/waiver of closing conditions, and completion of the Transaction. Sealed: Offer Summary (Confidential Appendix "1") and unredacted Sale Agreement (Confidential Appendix "2") to the Second Report.

Source: Approval and Vesting Order dated July 14, 2026

#Sale

Approved the sale to 1000747194 Ontario Inc., with vesting on delivery of the Receiver's Certificate confirming payment of the purchase price and completion; sealed appendices remain confidential until 60 days after closing.

Source: Approval and Vesting Order dated July 14, 2026

#Report

Fifth report recorded the October 1, 2025 closing of the Envie I sale to HS Canada 101 Champagne, L.P., and sought assignment of the property tax claim to ACM, fee approval and discharge.

Source: First Report of the Receiver dated October 27, 2025

#Order

1230172 Ontario Inc. — Receivership filed, Ontario.

#Report

Reported Envie I sale process results and the proposed sale to HS Canada 101 Champagne, mould remediation, lease terminations and a residential tenant settlement, and recommended authority to assign Envie I into bankruptcy.

Source: Pre-Filing Report of the Receiver dated July 14, 2025

#Order

A receivership order was granted over the assets of ASHCROFT URBAN DEVELOPMENTS INC., 2067166 ONTARIO INC., 2139770 ONTARIO INC., 2265132 ONTARIO INC., ASHCROFT HOMES – LA PROMENADE INC., 2195186 ONTARIO INC., ASHCROFT HOMES – CAPITAL HALL INC., 1019883 ONTARIO INC..

Source: Court Order Appointing Receiver dated February 24, 2025

#Report

First Report set out the receiver's activities since appointment — cash management procedures, insurance, an IT provider, mortgagee correspondence, cash flow projections, and work with property managers Brightwater and Varsity — and reported cash on hand of $371,195 at ReStays, $552,233 at Park Place Senior, $720,330 at Ravines Senior, $699,447 at Promenade Senior, $389,310 at Envie I, $322,362 at Envie II and $56,843 at Head Office.

Source: First Report of the Interim Receiver dated February 14, 2025

#Order

Court appointed KSV Restructuring Inc. interim receiver of the eight Ashcroft companies, stayed proceedings, and granted a first-ranking Interim Receiver's Charge for the receiver and its counsel plus a $500,000 borrowings charge ranking behind it.

Source: Interim Receivership Order dated December 20, 2024

Case update

Ashcroft Homes: the 13 unencumbered units and the vacant head office

AlixPartners assigned the company that owned the ReStays building into bankruptcy on September 15, a step it had proposed to reverse any priority of a potential $351,715 HST deemed-trust claim. The estate's sole asset is $2,471,500 of the price allocated to 13 units over which CMLS held no security; on October 2 Justice Mew approved the head office sale, price sealed.

Case update

Ashcroft Homes: the Ravines sale and the 130 parking spaces

Two receivers want September 9 approval to sell Ottawa's connected Ravines seniors' residences to Verve Senior Living, on condition of a declaration that David Choo's companies have no entitlement to the garage where they have claimed 130 spaces; at one building the mortgagees are projected to be repaid in full, while next door Central 1 Credit Union is owed $42,206,830.40, more than its sale will gross.

Parties

Debtor

Ashcroft Homes Group

Debtor

1230172 Ontario Inc.

Applicant

ACM Commercial Mortgage Fund,CMLS Financial Ltd.,Equitable Bank,Institutional Mortgage Capital Canada

Applicant

Cameron Stephens Mortgage Capital Ltd.

Interim receiver · Receiver

KSV

Bench and counselPer the orders and service lists on the record

Bench

JudgeCourtOn this docketCases on record
Justice MewOntario Superior Court of Justice42 orders, Dec 2024 – Oct 20267 cases on record

Counsel of record

PartyCounselFirst seenSource
ReceiverBDO Canada LimitedSimpsonWigle LAW LLP27 Oct 2025Service list · 27 Oct 2025
ReceiverBlaney McMurtry LLP · Norton Rose Fulbright Canada LLP27 Oct 2025Order · 27 Oct 2025
Interim receiverKSVBlaney McMurtry LLP · Norton Rose Fulbright Canada LLP18 Feb 2025Application · 31 Jul 2025
ApplicantACM Commercial Mortgage Fund,CMLS Financial Ltd.,Equitable Bank,Institutional Mortgage Capital CanadaAird & Berlis LLP · Cassels Brock & Blackwell LLP · Lenczner Slaght LLP10 Dec 2024Application · 11 Dec 2024
ApplicantBlue Rock Law LLP · Mann Lawyers LLP27 Oct 2025Service list · 27 Oct 2025
ApplicantCameron Stephens Mortgage Capital Ltd.Garfinkle, Biderman LLP15 Jul 2025Factum · 15 Jul 2025
DebtorAshcroft Homes GroupBlue Rock Law LLP · Mann Lawyers LLP24 Feb 2025Order · 4 Nov 2025
CreditorAlixPartners Restructuring, IncNorton Rose Fulbright Canada LLP · Blaney McMurtry LLP10 Jul 2026Order · 9 Sep 2026
CreditorAlma Byward Market LP and Forum Asset Management Acquisitions IncGarfinkle, Biderman LLP27 Oct 2025Service list · 27 Oct 2025
CreditorAviva Insurance Company of CanadaLow Murchison Radnoff LLP27 Oct 2025Service list · 27 Oct 2025
CreditorBDO Canada LtdDentons Canada LLP27 Oct 2025Service list · 27 Oct 2025
CreditorCanadian Western BankMiller Thomson LLP27 Oct 2025Service list · 27 Oct 2025
CreditorCCAA Grant Thornton LimitedOsler, Hoskin & Harcourt LLP27 Oct 2025Service list · 27 Oct 2025
CreditorFarallon Capital Management, L.L.CDavies Ward Phillips & Vineberg LLP27 Oct 2025Service list · 27 Oct 2025
CreditorFraser Mackinnon BlairDentons Canada LLP5 Aug 2026Service list · 5 Aug 2026
CreditorJennifer StamNorton Rose Fulbright Canada LLP5 Aug 2026Service list · 5 Aug 2026
CreditorMeridian Credit Union LimitedHarris Sheaffer LLP27 Oct 2025Service list · 27 Oct 2025
CreditorMNP LtdDentons Canada LLP27 Oct 2025Service list · 27 Oct 2025
CreditorNational Capital CommissionsSoloway Wright LLP27 Oct 2025Service list · 27 Oct 2025
CreditorOttawa-Carleton Standard Condominium Corporation NoDavidson Houle Allen LLP27 Oct 2025Service list · 27 Oct 2025
CreditorPeoples Trust CompanyBennett Jones LLP30 Jul 2025Factum · 30 Jul 2025
CreditorQueensway Carleton HospitalBorden Ladner Gervais LLP27 Oct 2025Service list · 27 Oct 2025
CreditorRetirement Homes Regulatory AuthorityFogler, Rubinoff LLP27 Oct 2025Service list · 27 Oct 2025
Capital structureAs asserted in the filings
stated amounts, drawn to scale · for subscribers
#Priority classCreditorAmountSource
Court-ordered charges
1Court-ordered chargesInterim Receiver's Borrowings Charge — in priority to all security interests, fees, trusts, liens, charges and encumbrances, statutory or otherwise, in favour of any Person, on the specific property, but subordinate in priority to the Interim Receiver's Charg$500KInterim Receivership Order dated December 20, 2024
1Court-ordered charges
Pre-filing debt
4Secured
4Secured
4Secured
4Secured

5 more claims in 2 classes The stack holds Court-ordered charges and Secured claims.

Every creditor and every amount, drawn to scale.

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This proceeding was commenced by a secured creditor. The record does not include the debtor’s own statement of assets and liabilities — that ceiling is the record’s, not this page’s.

Sale processAs stated in the filings

8 transactions · 5 proposed · 1 closed · 1 approved · 1 terminated — Receiver recommends AVO approving the Ravines Senior Transaction; sale process pending court approvalSeventh Report of the Receiver dated August 18, 2026 · 19 Aug 2026

PurchaserPriceStatusSource
Alma Byward Market LPthe sale of two properties in Ottawa (municipally known as 256 Rideau Street and 211 Besserer Street, and together, the 'Properties') · asset sale · agreement 24 May 2024SubscribersCloseddate not statedFirst Report of the Receiver and Manager dated…
unnamed proposed purchaser of Envie I under a letter of intent accepted December 17, 2024the business and assets of Envie 1 · asset salenot statedProposedFirst Report of the Receiver and Manager dated…
not yet identified; sale process approved for Ravines Seniorthe properties owned by Ravines Senior and 138 Ontario located at 636 Prado Private, Ottawa, Ontario · real propertynot statedProposedFourth Report of the Receiver dated July 23,…
not yet identified; sale process approved for Promenade Propertiesthe properties owned by Promenade Senior located at 100, 130 and 150 Rossignol Drive, Ottawa, Ontario · real propertynot statedProposedFourth Report of the Receiver dated July 23,…
HS Canada 101 Champagne, L.P., HS Canada 101 Champagne GP Inc. and HS Canada 101 Champagne Property Inc.the Building · real property · nominee/assignee: HS Canada 101 Champagne GP Inc. · agreement 21 Feb 2025not statedProposedSettlement Agreement Approval and Increased…
HS Canada 101 Champagne, L.P., by its general partner, HS Canada 101 Champagne GP Inc.the Real Property listed on Schedule 'B' hereto and all of the other assets, undertakings and properties of the Debtor, and all proceeds thereof · real property · nominee/assignee: HS Canada 101 Champagne Property Inc. · agreement 21 Feb 2025SealedApproved7 Aug 2025Approval and Vesting Order dated August 7, 2025
1000747194 Ontario Inc.the Debtor's right, title and interest in and to the Assets (as defined in the Sale Agreement, and collectively with the Real Property, the ' Purchased Assets ') · real property · agreement 8 Dec 2025SealedTerminated14 Jul 2026Approval and Vesting Order dated July 14, 2026
Verve Nepean Limited Partnershipthe real property (the 'Ravines Senior Property') of Ravines Senior and 138 Ontario and certain related assets (together with the Ravines Senior Property, the 'Purchased Assets') · real property · nominee/assignee: The Ravines SS Inc. and The Ravines PPP Inc. · agreement 9 Jun 2026SubscribersProposedSeventh Report of the Receiver dated August 18,…
AdvisorsTD Cornerstone Commercial Realty Inc. (listing broker); Cushman & Wakefield Ottawa (listing broker); CMLS Advisory (sale agent); N.R.E. Newmark Real Estate Canada Limited (listing broker); CBRE Limited (listing broker); Brightwater Senior Living Group LLC (sale agent); CMLS Realty Ltd. (listing broker)Approval and Vesting Order dated August 7, 2025
Closing termsVesting occurs upon delivery of the Receiver's Certificate to the Purchaser.Approval and Vesting Order dated July 14, 2026
Sealed materialsCMLS Report (reporting letter of CMLS Realty Ltd.); unredacted Sale Agreement and related amendments; Offer Summary (Confidential Appendix "1") and unredacted Sale Agreement (Confidential Appendix "2") to the Second Report; Offer Summary (summary of offers received in the Sales Process)Approval and Vesting Order dated August 7, 2025
RecoveriesAs declared or paid

Unsecured creditors: no distribution. ACM Advisors Ltd. short · CMLS Financial Ltd. short · Central 1 short.EstimatedMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026

ClassCreditorClaimsRecoveryBasisSource
SecuredACM Advisors Ltd.—short by conditionalFinalper the receiverTrustee's Preliminary Report · 17 Nov 2025
SecuredCMLS Financial Ltd.—shortfallEstimatedper the receiverMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026
SecuredCentral 1—shortfallEstimatedper the receiverMotion Record of the Receiver · 24 Aug 2026
SecuredPeoples Trust Company—a distributionFinalper the receiverTrustee's Preliminary Report · 17 Nov 2025
Unsecuredunsecured creditors of AUDI arising in the Receivership Proceedings—no distributionconditionalEstimatedper the receiverMotion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026

Each row is one filing's statement, copied as it reads and never computed. "Estimated" is the officer's forecast; "Under the plan" is the plan's or proposal's own term; "Final" is a declared or paid distribution; a row with no chip states no footing. A range is the two numbers stated; "of proven claims" is the document's own denominator.

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The claims and what each class or creditor recovers — each as the filing states it, with its source.

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Fees and ratesAs stated in the filings

6 engagements · 4 firms — latest: KSV Restructuring Inc., 4 Dec 2024 – 30 Sep 2025Fifth Report of the Receiver re 2195186 Ontario Inc. · 28 Oct 2025

FirmPeriodHoursFeesRatesSource
AlixPartners Restructuring, Inc.Receiver———Motion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026
Blaney McMurtry LLPCounsel to the receiverperiod 1 of 211 Dec 2024 – 30 Sep 2025——Second Report of the Receiver re Ashcroft Homes - Capital Hall Inc. · 17 Oct 2025
Blaney McMurtry LLPCounsel to the receiverperiod 1 of 2———Motion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1… · 7 Jul 2026
KSV Restructuring Inc.Receiverperiod 2 of 24 Dec 2024 – 30 Sep 2025——Fifth Report of the Receiver re 2195186 Ontario Inc. · 28 Oct 2025
KSV Restructuring Inc.Receiverperiod 1 of 2———Motion Record of the Receiver re Envie I · 28 Oct 2025
Norton Rose Fulbright Canada LLPCounselto 30 Sep 2025——First Report of the Receiver · 27 Oct 2025

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What each firm billed — each as the filing states it, with its source.

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Estate financialsReported figures — never derived

Cumulative receipts

$6.82M

As at 28 Oct 2025Fifth Report of the Receiver re 2195186 Ontario Inc. dated October 28, 2025

Cash on hand

As at

Professional fees

As at

2 more reported figures

Each one as the filing states it, with its source.

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Documents
137 filings
DateDocumentFile
Receiver's Certificate dated October 13, 2026PDF · Subscribers
Trustee's Report to Creditors on Preliminary Administration dated October 5, 2026PDF · Subscribers
Ancillary Order re Antares Drive Distribution, Activities dated October 2, 2026PDF · Subscribers
Approval and Vesting Order re Antares Drive APS dated October 2, 2026PDF · Subscribers
Endorsement of Justice Mew dated October 2, 2026PDF · Subscribers
Factum of the Receiver dated September 25, 2026PDF · Subscribers
Eighth Report of the Receiver dated September 21, 2026PDF · Subscribers
Motion Record of the Receiver dated September 21, 2026PDF · Subscribers
Notice to Creditors dated September 16, 2026PDF · Subscribers
Certificate of Appointment dated September 15, 2026PDF · Subscribers
Ancillary Order dated September 9, 2026PDF · Subscribers
Approval and Vesting Order dated September 9, 2026PDF · Subscribers
Endorsement of Justice Mew dated September 1 2026
  • Presiding officer Justice Mew
PDF · Subscribers
Motion Record of the Receiver dated August 24, 2026
  • Recovery outcome Entries: per estimated · Table missing:
PDF · Subscribers
Motion Record dated August 19, 2026PDF · Subscribers
Seventh Report of the Receiver dated August 18, 2026
  • Process results 1050 solicited · 32 NDAs · 2 LOIs · as of 26 Aug 2025
  • Purchaser Original Purchaser under the failed First Ravines APS · the Purchased Assets · real property · terminated; Verve Nepean Limited Partnership · nominee/assignee The Ravines SS Inc. and The Ravines PPP Inc. · the real property (the 'Ravines Senior Property') of Ravines Senior and 138 Ontario and certain related assets (together with the Ravines Senior Property, the 'Purchased Assets') · real property · proposed
  • Sale advisor N.R.E. Newmark Real Estate Canada Limited (listing broker)
  • Financial position Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Ashcroft Urban Developments Inc. Service List as at August 5, 2026
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Approval and Vesting Order dated July 14, 2026
  • Closing terms Vesting occurs upon delivery of the Receiver's Certificate to the Purchaser.
  • Order date 14 July 2026
  • Presiding officer Justice Mew
  • Purchaser 1000747194 Ontario Inc. · the Debtor's right, title and interest in and to the Assets (as defined in the Sale Agreement, and collectively with the Real Property, the ' Purchased Assets ') · real property · approved
  • + 3 more extracted facts
PDF · Subscribers
Distribution and Ancillary Relief Order dated July 14, 2026
  • Counsel BLANEY McMURTRY LLP
  • Presiding officer Justice Mew
PDF · Subscribers
Endorsment of Justice Mew dated July 14, 2026
  • Presiding officer Justice Mew
PDF · Subscribers
Factum of the Receiver dated July 10, 2026
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
Supplementary Motion Record of the Receiver dated July 10, 2026
  • Counsel BLANEY McMURTRY LLP
PDF · Subscribers
Motion Record of the Receiver AlixPartners dated July 7, 2026 - Part 1 of 2
  • Recovery outcome Entries: per estimated; per estimated · Stated on: 2026-07-07 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Motion Record of the Receiver AlixPartners dated July 7, 2026 - Part 2 of 2PDF · Subscribers
Second Report of the Receiver re Ashcroft Urban Developments Inc. dated July 7, 2026
  • Operational summary The Receiver's activities since the First Report included corresponding with employees of ReStays, the Condo Corps, OCLCC 1069, CMLS, Brokers, prospective purchasers, NCC, Tarion, MPAC/Ryan, tenants, insurers, and CRA regarding the Sale Process, Transaction, property taxes, HST filings, and operational matters at ReStays, as well as overseeing AUDI's business operations, payroll, and maintaining the Case Website.
PDF · Subscribers
Receiver's Discharge Certificate re La Promenade and 1230172 Ontario dated November 28, 2025PDF · Subscribers
Receiver's Discharge Certificate re La Promenade and 2067166 Ontario dated November 28, 2025PDF · Subscribers
Trustee's Preliminary Report dated November 17, 2025
  • Recovery outcome Entries: per actual; per actual; per estimated · Stated on: 2025-11-17 · Table missing:
PDF · Subscribers
Receiver's Discharge Certificate dated November 13, 2025PDF · Subscribers
Ancillary Order (Park Place Senior and Promenade Senior) dated November 4, 2025
  • Counsel Blue Rock Law LLP
  • Presiding officer Justice Mew
PDF · Subscribers
Ancillary Order dated November 4, 2025
  • Counsel Mann Lawyers LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 4 November 2025
  • + 2 more extracted facts
PDF · Subscribers
Refinancing Order (Park Place Senior and Promenade Senior) dated November 4, 2025
  • Commencement date 5 December 2024
  • Counsel Blue Rock Law LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • + 3 more extracted facts
PDF · Subscribers
Refinancing Order dated November 4, 2025
  • Commencement date 21 July 2025
  • Counsel Mann Lawyers LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • + 3 more extracted facts
PDF · Subscribers
Ancillary Order (Park Place Senior and Promenade Senior) dated November 3, 2025
  • Counsel Blue Rock Law LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 4 November 2025
  • + 2 more extracted facts
PDF · Subscribers
Discharge Order dated November 3, 2025
  • Counsel BLANEY McMURTRY LLP
  • Presiding officer Justice Mew
PDF · Subscribers
Envie I - Receiver's Discharge Certificate dated November 3, 2025PDF · Subscribers
Refinancing Order (Park Place Senior and Promenade) dated November 3, 2025
  • Counsel Blue Rock Law LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 4 November 2025
  • + 2 more extracted facts
PDF · Subscribers
Certificate of Appointment dated October 28, 2025 - 2195186 Ontario Inc.PDF · Subscribers
Fifth Report of the Receiver re 2195186 Ontario Inc. dated October 28, 2025
  • Operational summary The Fifth Report provides background on Envie I, updates on the Transaction that closed October 1, 2025 for the sale of the Real Property to HS Canada 101 Champagne, L.P., an overview of the Receiver's activities since the Fourth Report (including corresponding with the Purchaser, Peoples, ACM, terminating Varsity's property management agreement, filing HST returns, and preparing statements of receipts and disbursements), a summary of professional fees, and recommendations for Court relief including assignment of the Property Tax Claim to ACM, approval of fees, approval of prior reports, and discharge of the Receiver upon filing a Discharge Certificate. On October 27, 2025, the Receiver assigned Envie I into bankruptcy.
  • Cash on hand · Fee schedule · Professional fees Subscribers
  • + 4 more extracted facts
PDF · Subscribers
Motion Record of the Receiver re Envie I dated October 28, 2025
  • Recovery outcome Entries: per actual · Stated on: 2025-10-28 · Table missing:
  • Fee schedule Subscribers
PDF · Subscribers
Endorsement of Justice Mew dated October 27, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Motion Record of Applicants dated October 27, 2025PDF · Subscribers
Motion Record of Respondent dated October 27, 2025PDF · Subscribers
Service List at at October 27, 2025
  • Counsel Davidson Houle Allen LLP
PDF · Subscribers
Settlement Approval and Discharge Order dated October 27, 2025
  • Counsel BLANEY McMURTRY LLP
  • Court Ontario Superior Court of Justice
  • Estate no CV-25-00098805-0000
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF · Subscribers
Sixth Report of the Receiver dated October 27, 2025
PDF · Subscribers
Memorandum of Law of the Receiver dated October 23, 2025
  • Counsel BLANEY McMURTRY LLP
PDF · Subscribers
Envie II - Motion Record of the Receiver re Settlement Approval, Distribution and Discharge dated October 17, 2025PDF · Subscribers
Second Report of the Receiver re Ashcroft Homes - Capital Hall Inc. dated October 17, 2025
  • Operational summary Since the First Report, the Receiver's activities included corresponding with Equitable Bank and counsel, corresponding with OPM regarding leasing and transition, dealing with the Northbridge litigation/Claim, corresponding with the Condo Corp., responding to creditor/stakeholder inquiries, overseeing Capital Hall's business including receipts and disbursements, maintaining the Case Website, and drafting the Second Report.
  • Cash on hand · Fee schedule · Professional fees Subscribers
  • + 3 more extracted facts
PDF · Subscribers
First Report of the Receiver re Ashcroft Homes - Capital Hall Inc. dated September 26, 2025
  • Operational summary Since its appointment, the Receiver's activities include corresponding with Ashcroft Homes Group employees and Equitable Bank, preparing cash flow projections and statements of receipts and disbursements, overseeing Capital Hall's business including controlling receipts and disbursements, corresponding with OPM regarding leasing matters, dealing with the Northbridge litigation, corresponding with the Condo Corp. regarding the SFA and amounts claimed owed, considering processes to market the Units for sale, responding to stakeholder inquiries, maintaining the Case Website, and drafting the First Report.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Motion Record of the Receiver dated September 26, 2025PDF · Subscribers
Motion Record of the Receiver dated September 12, 2025PDF · Subscribers
Ancillary Relief Order dated August 28, 2025
  • Counsel Norton Rose Fulbright Canada LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 28 August 2025
  • + 2 more extracted facts
PDF · Subscribers
Endorsement of Justice Mew dated August 28, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Second Supplement to Fourth Report of the Receiver dated August 27, 2025
  • Operational summary This report provides updates on the Receiver's activities related to Residential Tenants and the Revised Settlement, summarizes the 7th Amendment to the APS extending conditions to September 5, 2025, and addresses elevator service safety concerns due to mould in the Building.
  • Purchaser HS Canada 101 Champagne, L.P., by its general partner, HS Canada 101 Champagne GP Inc. · nominee/assignee HS Canada 101 Champagne Property Inc. · the real property (the ' Real Property ') · real property · approved
  • Cash on hand · Professional fees Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Second Supplementary Motion Record of the Receiver dated August 27, 2025
  • Counsel Norton Rose Fulbright Canada LLP
  • Recovery outcome Entries: per estimated · Table missing:
PDF · Subscribers
Approval and Vesting Order dated August 7, 2025
  • Closing terms vesting effective upon delivery of Receiver's Certificate confirming satisfaction of purchase price and closing conditions
  • Counsel BLANEY McMURTRY LLP
  • Order date 7 August 2025
  • Presiding officer Justice Mew
  • + 5 more extracted facts
PDF · Subscribers
Endorsement of Mew J dated August 7, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Endorsement of Justice Mew dated August 1, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Settlement Agreement Approval and Increased Funding Order dated August 1, 2025
  • Counsel Norton Rose Fulbright Canada LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 1 August 2025
  • + 4 more extracted facts
PDF · Subscribers
Factum of Muhammad Yaasir Hosenie dated July 31, 2025PDF · Subscribers
Supplement to Fourth Report of the Receiver dated July 31, 2025
  • Purchaser HS Canada 101 Champagne, L.P. · nominee/assignee HS Canada 101 Champagne GP Inc. · the Building · real property · approved
  • Cash on hand · Operational summary · Professional fees Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Supplementary Motion Record of the Receiver dated July 31, 2025
  • Counsel Norton Rose Fulbright Canada LLP
PDF · Subscribers
Aide-Memoire of Peoples Trust Company dated July 30, 2025
  • Counsel Bennett Jones LLP
PDF · Subscribers
Endorsement of Justice Mew dated July 29, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Factum of ACM Advisors Ltd. dated July 29, 2025
  • Counsel Cassels Brock & Blackwell LLP
PDF · Subscribers
Factum of the Receiver dated July 29, 2025PDF · Subscribers
Notice and Statement of Receiver as at July 28, 2025PDF · Subscribers
Fourth Report of the Receiver dated July 23, 2025
  • Commencement date 24 February 2025
  • Court Ontario Superior Court of Justice
  • Court file no CV-24-00098058-0000
  • Cash on hand Subscribers
  • + 15 more extracted facts
PDF · Subscribers
Motion Record of Receiver of Envie I dated July 23, 2025PDF · Subscribers
Order Appointing Receiver dated July 21, 2025
  • Counsel Garfinkle Biderman LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 21 July 2025
  • + 2 more extracted facts
PDF · Subscribers
Sales Process Approval (Park Place Senior) Order dated July 21, 2025
  • Counsel Blaney McMurtry LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Break fee Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Sales Process Approval Order dated July 21, 2025
  • Counsel Blaney McMurtry LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Break fee Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Factum of the Applicant dated July 15, 2025
  • Counsel Garfinkle Biderman LLP
PDF · Subscribers
Order Appointing Receiver dated July 15, 2025
  • Counsel Garfinkle Biderman LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 1230172 Ontario Inc.
  • Order date 21 July 2025
  • + 2 more extracted facts
PDF · Subscribers
Supplementary Affidavit of Jeremy Izso sworn July 15, 2025
  • Counsel Garfinkle Biderman LLP
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Motion Record of the Receiver and Manager of Park Place Retirement dated July 14, 2025PDF · Subscribers
Motion Record of the Receiver of Park Place Senior dated July 14, 2025PDF · Subscribers
Third Report and Pre-Filing Report of the Receiver dated July 14, 2025
  • Commencement date 5 December 2024
  • Court Ontario Superior Court of Justice
  • Court file no CV-24-00098058-0000
  • Cash on hand Subscribers
  • + 13 more extracted facts
PDF · Subscribers
Aide Memoire of the Receiver dated May 27, 2025
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
Endorsement of Justice Mew dated May 27, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Sale Process Approval Order - Ravines Senior and Promenade Senior dated May 27, 2025
  • Counsel Blaney McMurtry LLP
  • Order date 27 May 2025
  • Presiding officer Justice Mew
  • Break fee Subscribers
  • + 2 more extracted facts
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Factum of the Receiver dated May 22, 2025
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
Motion Record of the Receiver dated May 20, 2025PDF · Subscribers
Second Report of the Receiver dated May 20, 2025
  • Operational summary The Receiver's activities since the First Report have included: working with legal counsel on transfer of holdback funds; carrying out the realtor proposal process; working with Brightwater Senior Living Group on property management; dealing with insurance matters; corresponding with mortgagees; maintaining cash flow projections and budget-to-actual variance analyses; overseeing receipts and disbursements; corresponding with RHRA; negotiating listing agreements with Newmark and CBRE; working with Blaney and NRF; responding to stakeholder inquiries; maintaining the case website; and drafting this Second Report.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 5 more extracted facts
PDF · Subscribers
Funds Transfer Order dated March 21, 2025
  • Counsel Blaney McMurtry LLP
  • Court Ontario Superior Court of Justice
  • Debtor names 2067166 Ontario Inc.; 2265132 Ontario Inc.; Ashcroft Homes – La Promenade Inc.; 2195186 Ontario Inc.; 1384274 Ontario Inc.; 1019883 Ontario Inc.
  • Order date 21 March 2025
  • + 2 more extracted facts
PDF · Subscribers
Sale Process and Sealing order dated March 21, 2025
  • Counsel BLANEY McMURTRY LLP
  • Order date 21 March 2025
  • Presiding officer Justice Mew
  • Break fee Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Factum of the Receiver as at March 19, 2025
  • Counsel BLANEY McMURTRY LLP
PDF · Subscribers
Motion Record dated March 14, 2025PDF · Subscribers
Motion Record of the Receiver dated March 14, 25 re CMLSPDF · Subscribers
AUDI - First Report to Court dated March 13 2025
  • Operational summary Since its appointment, the Receiver's activities include corresponding with employees, CMLS and legal counsel, communicating with stakeholders, preparing cash flow projections and budget-to-actual variance analyses, overseeing AUDI's business including controlling receipts and disbursements, considering offers for condominium units, updating condominium disclosure documents, meeting with HCRA regarding license renewal, corresponding regarding RFP and refinancing efforts, responding to stakeholder inquiries, maintaining the Case Website, and drafting this First Report.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 5 more extracted facts
PDF · Subscribers
First Report of the Receiver and Manager dated March 13, 2025
  • Closing confirmed Closed · date not stated · Alma Byward Market LP
  • Operational summary Since its appointment, the Interim Receiver has worked to stabilize the businesses, engage property managers, consult with the mortgagees and correspond with regulatory authorities.
  • Cash on hand · Professional fees Subscribers
  • + 6 more extracted facts
PDF · Subscribers
Residents Notice dated February 28, 2025 - Park PlacePDF · Subscribers
Residents Notice dated February 28, 2025 - PromenadePDF · Subscribers
Residents Notice dated February 28, 2025 - RavinesPDF · Subscribers
Condo Lien Regularization Order dated February 24, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names ASHCROFT URBAN DEVELOPMENTS INC.; 2067166 ONTARIO INC.; 2139770 ONTARIO INC.; 2265132 ONTARIO INC.; ASHCROFT HOMES – LA PROMENADE INC.; 2195186 ONTARIO INC.; ASHCROFT HOMES – CAPITAL HALL INC.; 1019883 ONTARIO INC.
  • Order date 24 February 2025
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF · Subscribers
Court Order Appointing Receiver Ashcroft Homes - Capital Hall Inc. dated February 24, 2025
  • Applicant Equitable Bank
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver
  • Court SUPERIOR COURT OF JUSTICE
  • + 6 more extracted facts
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Court Order Appointing Receiver dated February 24, 2025
  • Applicant KSV Restructuring Inc.
  • Appointee KSV Restructuring Inc.
  • Appointee role receiver and manager
  • Counsel Blaney McMurtry LLP
  • + 7 more extracted facts
PDF · Subscribers
Court Order Appointing Receiver re CMLS dated February 24, 2025
  • Court Ontario Superior Court of Justice
  • Debtor names Ashcroft Urban Developments Inc.
  • Order date 24 February 2025
  • Presiding officer Justice Mew
  • + 1 more extracted fact
PDF · Subscribers
Endorsement of Justice Mew re Ashcroft Urban Development dated February 24, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Endorsement of Justice Mew re Capital Hall Inc. dated February 24, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Factum of the Respondent, Ashcroft Urban - dated February 24, 2025
  • Counsel Mann Lawyers LLP
PDF · Subscribers
First Report and Activities Approval Order dated February 24, 2025
  • Report date 14 February 2025
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 1 more extracted fact
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Notice of Appearance of the Respondent, Ashcroft Urban dated February 24, 2025PDF · Subscribers
Second Endorsement of Justice Mew dated February 24, 2025
  • Presiding officer Justice Mew
PDF · Subscribers
Factum Equitable Bank dated February 19, 2025
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Factum of CMLS Financial Ltd. dated February 19, 2025
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Application Record of CMLS Financial Ltd. dated February 18, 2025PDF · Subscribers
Application Record of Equitable Bank dated February 18, 2025PDF · Subscribers
Factum of the Interim Receiver as at February 18, 2025
  • Counsel Blaney McMurtry LLP
PDF · Subscribers
First Report of the Interim Receiver dated February 14, 2025
  • Operational summary Since its appointment, the Interim Receiver's activities include attending at the Head Office Company, establishing cash management procedures, dealing with insurance matters, engaging an IT service provider, corresponding with mortgagees, drafting statutory reports, preparing cash flow projections, overseeing the Companies' businesses, and working with property managers Brightwater and Varsity.
  • Cash on hand · Professional fees · Receipts cumulative Subscribers
  • + 2 more extracted facts
PDF · Subscribers
Motion Record of the Interim Receiver dated February 14, 2025PDF · Subscribers
Application Record dated February 13, 2025
PDF · Subscribers
CCAA Termination Certificate dated January 14, 2025PDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - 1019883 Ontario Inc. - Head OfficePDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - 1384274 Ontario Inc. - Ravines ParkingPDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - 2067166 Ontario Inc. - Park PlacePDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - 2195186 Ontario Inc. - Envie IPDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - 2265132 Ontario Inc. - RavinesPDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - Ashcroft Homes - Capital Hall Inc. - Envie IIPDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - Ashcroft Homes - La Promenade Inc.PDF · Subscribers
Notice and Statement of the Interim Receiver dated January 13, 2025 - Ashcroft Urban Developments Inc. - RestaysPDF · Subscribers
Notice to Residents - Park PlacePDF · Subscribers
Notice to Residents - PromenadePDF · Subscribers
Notice to Residents - RavinesPDF · Subscribers
Interim Receivership Order dated December 20, 2024
  • Applicant ACM Advisors Ltd.
  • Appointee KSV Restructuring Inc.
  • Appointee role Interim Receiver
  • Charges Subscribers
  • + 12 more extracted facts
PDF · Subscribers
Reasons for Decision of Justice Mew dated December 20, 2024
  • Presiding officer Justice Mew
PDF · Subscribers
Supplementary Affidavit of C. Jackson sworn December 12, 2024
  • Counsel Lenczner Slaght LLP
  • Financial position · Secured creditors Subscribers
PDF · Subscribers
Factum of ACM Advisors Ltd. December 11, 2024
  • Counsel Cassels Brock & Blackwell LLP
PDF · Subscribers
Factum of Equitable Bank and CMLS Financial Ltd. dated December 11, 2024
  • Counsel Aird & Berlis LLP
PDF · Subscribers
Factum of Institutional Mortgage Capital Canada Inc. dated December 11, 2024
  • Counsel Lenczner Slaght LLP
PDF · Subscribers
Motion Record - ACM Advisors Ltd. dated December 11, 2024PDF · Subscribers
Motion Record of Canadian Western Bank dated December 11, 2024PDF · Subscribers
Motion Record of Institutional Mortgage Capital Canada Inc. dated December 11, 2024PDF · Subscribers
Oral Compendium of ACM Advisors Ltd. dated December 11, 2024
  • Counsel Cassels Brock & Blackwell LLP
PDF · Subscribers
Pre-filing Report of the Proposed Interim Receiver dated December 11, 2024
  • Financial position · Secured creditors · Unsecured creditors Subscribers
PDF · Subscribers
Responding Application Record of Equitable Bank and CMLS Financial Ltd. dated December 10, 2024
  • Applicant Ashcroft Urban Developments Inc., 2067166 Ontario Inc., 2139770 Ontario Inc., 2265132 Ontario Inc., Ashcroft Homes – La Promenade Inc., 2195186 Ontario Inc, Ashcroft Homes – Capital Hall Inc., and 1019883 Ontario Inc.
  • Counsel Aird & Berlis LLP
  • Court SUPERIOR COURT OF JUSTICE
  • Court file no CV-24-00098058-0000
  • + 2 more extracted facts
PDF · Subscribers

Filing titles and dates are public, and so is each filing's own page. The figures read from them are for subscribers.

CiteProceedings., “Ashcroft Homes Group” (Receivership (court-appointed)), Ontario Superior Court of Justice. Retrieved 4 November 2026, https://proceedings.ca/case/ashcroft-homes-group

Sources last checked · summary updated 5 August 2026 · Report a correction · Printed from proceedings.ca/case/ashcroft-homes-group

Facts and summaries are extracted automatically from the court filings linked on each page; the filings remain the authoritative record. Suggested corrections are reviewed against the source filings.

Ashcroft Homes Group — Receivership | Proceedings.