249 Ontario Street Holdings Inc., Receivership

249 Ontario Street Holdings Inc., the owner of the Port Hope Medical Centre located at 249 Ontario Street in Port Hope, Ontario, was placed into receivership on March 26 on application by Addenda Capital Inc., owed approximately $6.8 million. 

The property was previously subject to an interim receivership order with the mandate to stabilize the facility and increase occupancy. Addenda elected to appoint a full receiver in order to market and sell the property.

Bricks Damiani is the receiver.

Counsel is Dickinson Wright for Addenda and Blaney McMurtry for the receiver.