299 bloor call control.
Senior Member
Strange that Bazis is not commenting on this story.
im really interested in knowing how they are going to deal with the penthouse unit that was sold oversea, for $30 million.
It also sounds to me like regurgitation of internet rumours from real estate agents. Tomms is a buyer, and hasn't heard anything yet.
Well, this is a bit different:
Yonge-Bloor development on the brink
July 18, 2009
Société Générale, faced with its own financial woes, sold off the loan to Berman's group for an undisclosed amount. The group is made up of representatives of three Canadian companies, Tricon Capital Group, the Minto Group and KingSett Capital.
Now, the group wants to be paid out, or to be allowed to buy the property with an eye to building a more modest project. Berman's group has offered $50.5 million as the opening bid of an auction they suggest take place soon.
Let's just hope the courts can untangle this mess relatively quickly.
Société Générale, faced with its own financial woes, sold off the loan to Berman's group for an undisclosed amount. The group is made up of representatives of three Canadian companies, Tricon Capital Group, the Minto Group and KingSett Capital.