Ontario · Receivership (court-appointed)

First Report of the Receiver

Court officer report · 16 January 2025

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What we verified from this filing1 verified

secured creditorsnote: Original loan advanced September 25, 2019 in the amount of $8,242,000; balance stated is before legal fees and disbursements. Debtor stopped making monthly interest payments in September 2024. · page: 5 · as of: 2024-10-09 · amount: 8661550.26 · debtor: Elite Real Estate Club of Toronto Inc. and 2613702 Ontario Inc. · creditor: Domenic Sericchi, Peter Adamo, Crocetta Adamo, Antonina Borelli, Patricia Adamo Odom, Nick Capone, Sandra Tiberio, Tullio Capone, Anrose Investments Inc., Lmf Synergy Inc., Gabrielle Fischer, Fawzi Khalilieh, Mary Khalilieh, Connor Rossi, Tyler Rossi, Maple Terrazzo Marble & Tile Inc., Gabrielle Pizzardi, 2205633 Ontario Ltd., Antonio Pizzardi, and Cadd Investments Ltd. (the Lenders) · currency: CAD · security: Loan secured against the Real Property (3040, 3048, and 3030 Trafalgar Road, Oakville)