The City of Toronto is getting on board with a taller The One -- although not quite as tall as the developer would have liked.| Storeys
Learn what a SISP is in Canadian real estate and finance — how court-monitored sales processes help resolve distressed asset situations.| Storeys
Understand receivership in Canadian real estate: when it’s used, how it works, and what it means for borrowers, lenders, and distressed assets.| Storeys
As of Friday, September 20, the Ontario courts have approved purchase agreements, on five counts, in respect of a luxury condo project at 128 Hazelton Avenue in Yorkville and a multi-tower development slated for 180 Steeles Avenue West in Vaughan. Both projects come from Sam Mizrahi — the Toronto re...| Storeys
Amidst (even more) drama surrounding The One development in downtown Toronto, receivership proceedings over a luxury condo project at 128 Hazelton Avenue in Yorkville have come to a head. The nine-storey, 20-unit condo project comes from Mizrahi Developments — as in Sam Mizrahi, the developer who do...| Storeys
The primary lender on a luxury condo development built in a joint partnership between developer Sam Mizrahi and Edward Rogers is looking to have the project placed under receivership, alleging millions in unpaid loans.In an application submitted to the Ontario Superior Court of Justice on January 19...| Storeys
Multiple Mizrahi Developments Group projects have become embroiled in insolvency over the past couple of years, the most high-profile being the The One. Beyond that, the developer's projects in Yorkville and Vaughan have both been placed under receivership, and now, Mizrahi’s 12-storey, 93-unit ongo...| Storeys
One of the tallest skyscrapers coming to Canada is facing significant financial trouble as Mizrahi Developments' The One has been placed under receivership.According to court filings, a total of $1.235B is outstanding on loans provided by KEB Hana Bank for the development of The One. Further funds a...| Storeys
Learn about hard costs in Canadian construction — what they include, why they matter, and their role in project budgeting.| Storeys
Learn about budgeting in Canadian real estate — how it supports property management, planning, and financial health.| Storeys
Explore how buying new construction works in Canadian real estate, including timelines, warranty coverage, and key legal and financial considerations.| Storeys
The 12-storey luxury condo development coming up in Westboro was started back in 2015 and is now in the final stages of construction.| Storeys
Explore what a deposit means in Canadian real estate transactions, how much is typical, and why it’s a vital part of making a serious offer on a home.| Storeys