Alberta · Receivership (court-appointed)
First Report to the Court of the Court Appointed Receiver
Court officer report · 19 February 2026
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 filing6 verified
- operational summaryThe Receiver has continued collecting rent from the sole tenant, addressed property maintenance and elevator/fire safety issues, and conducted an extended sale and marketing process for the Property, culminating in a conditional Asset Purchase Agreement now awaiting court approval.
- professional feesnote: Includes GST; not yet invoiced to estate pending court approval of sale. Legal counsel Dentons' fees totalled $96,426.75 including GST and disbursements for the taxation period. · party: Receiver (Hudson & Company Insolvency Trustees Inc.) · amount: 52560.38 · period: period ending December 31, 2025 · currency: CAD
- purchaserRealStream Income Properties Limited Partnership
- report date19 February 2026
- report noFirst Report
- sale outcometext: Receiver recommends the Court approve the APA, as amended · scope: parcel · status: pending_approval