British Columbia · CCAA

Second Report of the Monitor

Court officer report · 1 December 2025

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing3 verified

operational summaryThe Petitioners continue to operate the Belvedere development, collecting rent from four leased commercial units and pursuing sale of five commercial units and 40 unsold residential units, funded by interim financing (a $1.0 million replacement DIP facility from CSMC) while a stay extension to January 31, 2026 is sought.
report date1 December 2025
report noSecond Report of the Monitor