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Receiver appointed to five more Toronto-area housing projects

Troubles for developer Vandyk Properties continue in 2024 as delayed orders to appoint a receiver on more of its building projects have come into effect ....

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Vandyk Properties faces demand to place properties into receivership

The insolvency application covers five projects in the Greater Toronto Area, which include 1,757 unbuilt homes in a mix of apartments, townhomes and detached houses ....

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