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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 ....
The lenders are demanding repayment of $167.8-million and $4-million that was advanced to StateView for a variety of residential and commercial properties ....
The Globe and Mail Jennifer Lewington Published January 19, 2021 Grigory Fedyukovich/iStockPhoto / Getty Images Since it was built in the late 1980s, one downtown Toronto bank tower has stood out for its distinctive slim profile, red granite cladding and energy-conserving reflective windows. Beyond its physical appearance, the 68-storey tower at 40 King St. W. now stands apart as Canada’s largest zero carbon certified building. In awarding the designation last year, Canada Green Building Council president Thomas Mueller said it “validates that zero carbon buildings – whether new builds or retrofits – are both technically and financially feasible for owners willing to innovate and invest in a low carbon future for Canada.” ....