Press Release – Ontario’s Elevate Condo Towers Change Hands Mid-Completion
FOR IMMEDIATE RELEASE October 9th, 2024 Ontario’s Elevate Condo Towers Change Hands Mid-Completion Dorr Capital Corporation, Gentai Capital Corporation, and ELM Developments Join Forces to Complete Failing Multi-Tower Project [Kitchener, Ontario] – Canadian mortgage lender Dorr Capital Corporation, ELM Developments, and BC’s Gentai Capital Corporation teamed up to acquire mid-rise condominium project from 1776411 Ontario […]
Failed four-tower Kitchener condo project to proceed with new owners
Article Repost from therecord.com – October 9th, 2024https://www.therecord.com/news/waterloo-region/failed-four-tower-kitchener-condo-project-to-proceed-with-new-owners/article_2875a901-c533-5f99-ac94-c032d48c9105.html Initial focus is on completing partially-finished 15-storey building An unfinished Kitchener condominium project that went into receivership a year ago now has new owners. The first of four planned towers at the Elevate development at 1333 Weber St. E. was partially complete when the project ran out […]