Ontario · Receivership (court-appointed)
Tenth Report of the Receiver dated April 30, 2024
Court officer report · 30 April 2024
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What we verified from this filing6 verified
- closing confirmedscope: On the Mark's assets · outcome: completed · effective: 2023-09-14 · purchaser: 2077060 Ontario Inc. · date basis: stated · approval order date: 2023-09-14
- process resultsbids: 5 · ndas: 44 · note: figures shown are for High Crown; separate counts given for Nao and Minu in same table · solicited: 2208
- purchaserDelton Acquisitions Inc.; 2077060 Ontario Inc.; KingSett REG LP
- recovery outcomeentries: basis: unstated · quote: If the Delton AVOs are granted by the Court, the Receiver notes that there will be no funds available in either of the High Crown, Nao and Minu estates to reimburse Homebuyer Deposits given that they are unsecured claims, but the Receiver intends to work with Tarion to assist with the deposit claim process for the Pre-Sale Purchasers. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: Homebuyer Deposits (High Crown, Nao and Minu estates) · interim final: unstated · conditional on: If the Delton AVOs are granted by the Court · claims qualifier: unstated · table missing:
- sale advisorJones Lang LaSalle Real Estate Services, Inc.; CBRE Limited
- sale outcometext: Sale processes for High Crown, Nao, Minu approved via Delton transactions; Bradwick & Rivermede sold to KingSett REG LP; On the Mark sold and closed · scope: parcel · status: approved