The Ontario courts have appointed a receiver over unsold units within a boutique condominium building in South Etobicoke. And the proceedings have a familiar name attached. According to court documents, the debtors are part of the once-illustrious Vandyk Group of Companies. Receivership proceedings ...| Storeys
The Vandyk name continues to crop up in Ontario court filings as receivers take next steps, ranging from wrapping up construction on projects that have been left in a lurch — like we saw with the Lakeview DXE Club project in Mississauga — to offloading them to the highest bidder, as was the case wit...| Storeys
Planned to include just under 750 units, The Buckingham by Vandyk Properties was set for 23 Buckingham Street in Etobicoke and was placed under receivership in January 2024.| Storeys
Real estate developer Vandyk Properties is staring down the barrel of a receivership as lenders seek to recover more than $203M owed in relation to a number of development projects.KingSett Mortgage Corporation and Dorr Capital Corporation filed an application on Monday requesting that a receivershi...| Storeys
The Van Mills Centre retail plaza was owned by Vandyk Properties and was placed under receivership in February 2024.| Storeys
Court documents from May detail development management contracts that would have a sub-brand of Elm Developments oversee the remainder of the projects.| Storeys
The Vandyk Group of Companies has been slammed with (at least) half a dozen separate receivership orders over the past five months, and probably the most high profile of the bunch involves Grand Central Mimico: an over two-acre, transit-oriented, high-rise development site at 23 Buckingham Street in...| STOREYS
It’s been four months, nearly to the day, since the Ontario courts granted formal approval for the sales of 10 Vandyk Group sites across the Greater Toronto Area. Of those sites approved for sale was 15 Neighbourhood Lane in South Etobicoke, which is home to a partially constructed, 10-storey mid-ri...| STOREYS
