ELM Developments Is ‘Looking Forward’ With Its Distressed Real Estate Division

Elliot Steiner of ELM Developments talks to Zakiya Kassam of Storeys about his firm’s growing role in distressed real estate, explaining how its construction arm, ELM Forward, was created to handle lender- and receiver-led workout projects, and highlighting cases like Elevate Condos and Vandyk’s Brampton townhomes where the company moved from stabilizing troubled assets to investing directly.

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