#receivership

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fromwww.cbc.ca
5 days ago

9 condo projects cancelled this year in Toronto, and trend will likely continue | CBC News

At the corner of High Park Avenue and Annette Street in Toronto, a church slated to be transformed into condominiums has been sitting partially complete for several years. Construction on the 70-unit condo project began in 2019, but there has been no progress since 2023. "We all knew that something was wrong because you'd just drive by and no one's working, right? Nothing's happening," said Phil Earnshaw, who paid a $280,000 deposit in 2018 for a two-bedroom unit.
Canada news
SF real estate
fromsfist.com
1 week ago

Parc 55 and Hilton Union Square Hotels Finally Have a Buyer, After Two Long Years Languishing in Receivership

San Francisco's Hilton Union Square and Parc 55 have found buyers after a 2023 mortgage default; sale is pending a September 25 court hearing.
#commercial-real-estate
US news
fromwww.npr.org
1 month ago

Infowars conspiracist Alex Jones is a big step closer to losing his studio and brand

Alex Jones faces asset seizure after a Texas judge's ruling to pay Sandy Hook victims' families a $1.3 billion defamation judgment.
California
fromLos Angeles Times
1 month ago

A.G. Rob Bonta will move to take control of scandal-plagued L.A. County juvenile halls

California Attorney General Rob Bonta seeks court control of L.A. County's juvenile halls due to ongoing failures and safety concerns.
SF parents
fromThe Oaklandside
4 months ago

After 22 years, OUSD will control its schools again. Here's why receivership was such a 'difficult time'

OUSD will exit receivership in July after over 20 years of state control, marking a significant shift in local governance.
#oakland-unified-school-district
Canada news
fromwww.cbc.ca
4 months ago

Peace Bridge duty-free shop goes into receivership as cross-border travel plummets | CBC News

Peace Bridge duty-free shop enters receivership over significant debts and rent arrears, affecting its long-time operations.
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