Stateview Homes (Hampton Heights) Inc., receivership

Stateview Homes (Hampton Heights) Inc., the owner of a residential single-family development project in Barrie, Ontario, was placed in receivership on June 15, on application by Firm Capital Mortgage Fund Inc., owed over $6.4 million. The project consists of 18 single detached houses which have been pre-sold to individual purchasers. RSM was appointed Receiver. TGF is counsel for Firm Capital and Norton Rose is counsel for the company.

By: Dina Milivojevic