foreclosure

​The 34-storey Eclipse Brentwood tower being constructed at 2381 Beta Avenue in Burnaby by Thind Properties.
Industry

Thind Eclipse Brentwood Owing $189M, Placed Under Creditor Protection

Thind Properties, already facing three other receiverships initiated by KingSett Capital, was constructing the 34-storey Eclipse Brentwood tower at 2381 Beta Avenue in Burnaby.

Industry

Thind Facing Foreclosure On Burnaby Maywood Project Acquired This Year

​The Madeira Manor site at 4330 Maywood Street (6677 Silver Avenue) in Burnaby was acquired by Thind Properties from Kirpal Group.

Industry

Duck Island, Home Of Richmond Night Market, Subject Of $90M Foreclosure

​Duck Island, located along the Fraser River and leased to the Richmond Night Market, was set for redevelopment by Jingon International Development Group.

Industry

Planned 34-Storey Willingdon Rose Project In Burnaby Subject Of Foreclosure

​The Willingdon Rose project, set for 6622 and 6688 Willingdon Avenue in Burnaby, received third reading approval in December 2022, but is now under foreclosure.

Industry

Foreclosures Ongoing Against 4 iFortune Homes Projects Across Metro Vancouver

The iFortune Homes projects that are under foreclosure include Elm41 and Auberry, both of which were planned for Vancouver.

Industry

Investors Revolt Against AimForce Development's Davidson Guo, Alleging Fraud

Private investors recruited by Guo say the AimForce Development director "fraudulently and dishonestly" breached his fiduciary duty by mortgaging the properties that are now under foreclosure.

Industry

AimForce Development Hit By 3 Foreclosures, Including 67-Storey Surrey Project

​The 67-storey tower was planned for 10227 King George Boulevard, which has become the subject of a new foreclosure, along with two other properties owned by AimForce Development Group.

Listed Commercial

Foreclosed White Rock Project By Weststone Group Listed For Sale Over $19M Debt

​Weststone Group was planning 100 rental units and 147 strata units across two buildings at 14990 North Bluff Road in White Rock, which was just listed for sale.