British Columbia · Receivership (court-appointed)
Receiver's Third Report to Court
Court officer report · 7 August 2026
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What we verified from this filing9 verified
- cash on handas at: 2026-03-23 · amount: 89724 · currency: CAD
- closing confirmedscope: the Boynton Lands · outcome: not_completed · purchaser: Highland Promontory Development Limited Partnership · date basis: unstated · approval order date: 2026-04-24; scope: the Boynton Lands · outcome: not_completed · purchaser: 1568306 B.C. Ltd. · date basis: unstated · approval order date: 2026-05-11; scope: the Boynton Lands · outcome: not_completed · purchaser: Highland Promontory Development Limited Partnership · date basis: unstated
- disbursementssince: August 15, 2025 · amount: 1522149 · currency: CAD
- operational summaryThe Debtors' townhome development project was left partially constructed after construction ceased in 2024; the Receiver has been marketing the property and negotiating a new sale (the Highland transaction) after prior approved sales failed to close.
- purchaserHighland Promontory Development Limited Partnership; 1568306 B.C. Ltd.; Highland Promontory Development Limited Partnership
- receipts cumulativesince: August 15, 2025 · amount: 1611873 · currency: CAD
- report date6 August 2026
- report noThird Report
- sale outcometext: the Receiver recommends that this Court approve the New Purchase Agreement and respectfully asks this Court to grant the New RVO · scope: parcel · status: pending_approval