[Deanfeb]

Wau.. Sent out in batches? must be alot? ..

Growing distress in Canada condos turns lenders into developers

Some lenders to Canada’s distressed condo developers are finding they have little choice but to buy the troubled projects they backed and finish the buildings themselves.

www.bnnbloomberg.ca

 

[jbaa1]

Wau.. Sent out in batches? must be alot? ..

Haha ya right.. with how slow they are.

Batch can be as little as 1 or 2 per week lol.

 

[Deanfeb]

Haha ya right.. with how slow they are.

Batch can be as little as 1 or 2 per week lol.

Probably everyone who bought in 2017 2018 lol

 

[random]

Construction has started again???

 

[Michelle C]

Construction has started again???

Ohhhh ya now they are rolling, still no contact from lawyers. I just e mailed all 3 again

 

[Deanfeb]

Construction has started again???

Are u asking? or saying it is happening?

 

[random]

Are u asking? or saying it is happening?

its happening.

 

[Deanfeb]

its happening.

Garage or buildings at the back? Think they got that $60 m to do something!!

 

[Michelle C]

Garage or buildings at the back? Think they got that $60 m to do something!!

Garage floor all down now, seem to be laying wires on floor

 

[Deanfeb]

Garage floor all down now, seem to be laying wires on floor

Did they already pour concrete?

 

[jbaa1]

Remember when everyone here thought KSV was the good guys and they were gonna save us haha

We were better off VANDYK just left alone, and get our deposits back from the lawyers / insurance / tarion.

Now we’re further delayed in getting our deposits and overpriced units are building . KSV was not a good thing after all

 

[nicolephillipe]

Does anyone think we will have our answer before Christmas or New Year?

Also how long will it take to get back money from Tarion?

 

[jbaa1]

Does anyone think we will have our answer before Christmas or New Year?

Also how long will it take to get back money from Tarion?

3-4 months from now.. they’re not even close

 

[UptownGirl]

Does anyone think we will have our answer before Christmas or New Year?

Also how long will it take to get back money from Tarion?

Highly doubt it....people tend to be less productive knowing the holidays are coming up -putting what they can until the new year

 

[nicolephillipe]

Remember when everyone here thought KSV was the good guys and they were gonna save us haha

We were better off VANDYK just left alone, and get our deposits back from the lawyers / insurance / tarion.

Now we’re further delayed in getting our deposits and overpriced units are building . KSV was not a good thing after all

3-4 months from now.. they’re not even close

Absolute nightmare