Alberta · Receivership (court-appointed)
SECOND REPORT OF THE RECEIVER 15-June-2026
Court officer report · 15 June 2026
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What we verified from this filing11 verified
- cash on handnote: Net funds on hand per interim statement of receipts and disbursements for the Breton Hotel for the period April 8, 2026 to June 19, 2026 · as at: 2026-06-19 · amount: 15164 · currency: CAD
- disbursementsnote: Cumulative disbursements for the Breton Hotel per interim statement of receipts and disbursements for the period April 8, 2026 to June 19, 2026 · since: April 8, 2026 · amount: 21327 · currency: CAD
- operational summaryMotel Bo continues to operate as a going-concern motel under the Receiver's oversight, while the Breton Hotel remains abandoned, vandalized and non-operational; the Receiver has now negotiated an unconditional 'as-is, where-is' sale of the Breton Hotel property, subject to court approval.
- process resultsbids: 4 · note: four offers received for the Breton Hotel as of June 12, 2026 deadline · as of: 2026-06-12 · qualified bids: 4
- professional feesnote: Excludes GST; SZK (Receiver's Counsel) fees and disbursements for the same period were $47,067.20, excluding GST, reported separately · party: Receiver (Harris & Partners Inc.) · amount: 44253.33 · period: April 1, 2026 to June 19, 2026 · currency: CAD
- purchaserMarwan Elgwarsha; GS Hospitality
- receipts cumulativenote: Cumulative receipts for the Breton Hotel per interim statement of receipts and disbursements for the period April 8, 2026 to June 19, 2026 · since: April 8, 2026 · amount: 36491 · currency: CAD
- report date22 June 2026
- report noSecond Report of the Receiver
- sale advisorKellie Rodriguez, Vice-President and Associate Broker, Liang Commercial Real Estate / Century 21 Bravo Realty; Colin Clarke of Century 21 Hi-Point Realty
- sale outcometext: Offer 2 accepted, subject to sale approval and vesting order · scope: parcel · status: pending_approval