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- Builder defaults on payments linked to Fortress Real Developments collapse
Builder defaults on payments linked to Fortress Real Developments collapse
Insolvency Insider
October 21, 2023
Joseph Blinick of Bennett Jones and Naveed Manzoor of FAAN describe how real estate developer Sunrise Homes has defaulted on a court-ordered settlement to repay millions owed to lenders caught up in the collapse of Canada’s one-time largest syndicated mortgage company Fortress Real Developments.