Ontario · Receivership (court-appointed)
Third Report and Pre-Filing Report of the Receiver dated July 14, 2025
Court officer report · 14 July 2025
Also filed as: Pre-Filing Report of the Receiver dated July 14, 2025
A plain-language read of this filing opens with a subscription.
What we verified from this filing12 verified · 6 withheld
- report noThird Report
- commencement date5 December 2024
- courtOntario Superior Court of Justice
- court file noCV-24-00098058-0000
- proceeding typeReceivership
- provinceOntario
- report date14 July 2025
- statutory basisSubsection 243(1) of the Bankruptcy and Insolvency Act, R.S.C 1985, c. B-3, as amended, and Section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended
- secured creditorsCMLS Financial Ltd., Equitable Bank, ACM Advisors Ltd., and Cameron Stephens Mortgage Capital Ltd.
- operational summaryThe Receiver provides background on the Ashcroft Receivership Proceedings and Park Place Retirement Proceedings, summarizes proposed preliminary steps if appointed Receiver of Park Place Retirement including retention of Brightwater Senior Living Group LLC as property manager, summarizes the proposed Park Place Sale Process for Park Place Senior and Park Place Retirement including retention of Newmark as listing agent, provides an update on Mr. David Choo's refinancing efforts, and recommends the Court approve the Park Place Sale Process.
- sale advisorN.R.E. Newmark Real Estate Canada Limited; Brightwater Senior Living Group LLC
- sale outcometext: Park Place Sale Process approved for Park Place Senior and Park Place Retirement; Ravines Sale Process launched · scope: parcel · status: process_approved
6 extracted values are withheld: either a trap-shaped field where models produce confident wrong numbers, or an identity value whose quotation could not be found in the document. Withheld values are shown to no one.