British Columbia · Receivership (court-appointed)
Notice of Application dated July 21, 2026
Application / notice of application · 21 July 2026
A plain-language read of this filing opens with a subscription.
What we verified from this filing9 verified
- secured creditorsnote: Stated as 'approximately $88,730,000' as at January 6, 2025, accruing interest at approximately $30,293.47 per day. First mortgage loan original principal of $79,912,500 advanced under Commitment Letter dated February 14, 2022, as amended October 16, 2023, January 30, 2024 and March 19, 2024 (original advance, not a balance). · page: 3 · as of: 2025-01-06 · amount: 88730000 · debtor: District Northwest Limited Partnership (borrower); 105 University View Homes Ltd. (nominee) · creditor: KingSett Mortgage Corporation · currency: CAD · security: General security agreement dated February 24, 2022 (105 University, grantor); direction, acknowledgement and security agreement dated February 24, 2022 (105 University and District LP, grantors); first mortgage/charge in the principal amount of $70,000,000 and assignment of rents registered against the Lands; second mortgage/charge in the principal amount of $99,890,625 registered against the Lands — the mortgage principal figures are registration amounts, not balances (p. 3-4)
- secured creditorsnote: Identified on the Receiver's service list (as of July 21, 2026) as one of the 'Subordinate Secured Creditors'; subordinate ranking stated, no amount or security particulars given. · page: 18 · creditor: R.A.R. Consultants Ltd. · currency: CAD
- secured creditorsnote: Identified on the Receiver's service list (as of July 21, 2026) as one of the 'Subordinate Secured Creditors'; subordinate ranking stated, no amount or security particulars given. · page: 18 · creditor: Garmeco Canada Consultants Ltd. · currency: CAD
- secured creditorsnote: Identified on the Receiver's service list (as of July 21, 2026) as one of the 'Subordinate Secured Creditors'; subordinate ranking stated, no amount or security particulars given. · page: 18 · creditor: IHI Developments Ltd. · currency: CAD
- secured creditorsnote: Identified on the Receiver's service list (as of July 21, 2026) as one of the 'Subordinate Secured Creditors'; subordinate ranking stated, no amount or security particulars given. · page: 18 · creditor: IHI Holdings Ltd. · currency: CAD
- unsecured creditorsnote: No amount stated. · page: 19 · basis: Identified as 'Unsecured Creditor' on the Receiver's service list (as of July 21, 2026) · creditor: Raman Mann PREC · currency: CAD
- secured creditorsnote: Asserted lien claimant only; claim not adjudicated and no amount stated. · page: 20 · creditor: BOXX Modular GP Inc. · currency: CAD · security: Lien claimed — service list designation 'A Lien Claimant'; particulars not stated
- secured creditorsnote: Asserted lien claimant only; claim not adjudicated and no amount stated. · page: 21 · creditor: Core Creative & Strategy Inc. · currency: CAD · security: Lien claimed — service list designation 'A Lien Claimant'; particulars not stated
- counselBennett Jones LLP