Ontario · NOI
Third Report of the Proposal Trustee dated October 29, 2018
Court officer report · 29 October 2018
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What we verified from this filing8 verified
- operational summaryThe Companies' main assets are undeveloped real property generating only nominal rental income, with a court-approved SISP underway to sell or refinance the properties via a stalking horse process; management fees are the only projected disbursements.
- process resultsndas: 21 · as of: 2018-10-29 · solicited: 500
- purchaser2491324 Ontario Inc.
- report date29 October 2018
- report noThird Report
- sale advisorColliers Macaulay Nicolls Ontario Inc.
- sale outcometext: SISP approved, marketing underway; stalking horse offer in place; bid deadline November 28, 2018 · scope: whole_business · status: process_approved
- stalking horseEMIL (6.7)