Admiral development on hold

There are 1 comment on the Collingwood Connection story from Dec 4, 2008, titled Admiral development on hold. In it, Collingwood Connection reports that:

The Admiral Collingwood Place development appears to be on hold. In a press release, Admiral Collingwood Development Corp.

Join the discussion below, or Read more at Collingwood Connection.

Eric McGuinness

Toronto, Canada

#1 Dec 6, 2008
City:$1.2m loan safe, buyers eyeing condo project

... The city began advancing its loan in stages when the project was 60 per cent complete.

By the time construction stopped, it had handed more than $ 1,081,207,

secured by a second mortgage. The Canadian arm of

Mumbai-based ICICI Bank, which holds the first mortgage,

went to court to have a receiver appointed Nov. 12 ...

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Collingwood Discussions

Title Updated Last By Comments
News Good tunes just a short drive from Toronto (Aug '14) Aug '14 Kijiji ad scams r... 1
News MacPherson Builders Releases Final Homes of Cur... (Mar '14) Mar '14 Erin 1
Deadbeat "Dad" in Collingwood (Feb '14) Feb '14 YourArmchairPsych... 2
News Rona closing four GTA stores (Jul '13) Dec '13 Arosa 2
News Recovery uncertain for remains of three Canadia... (Oct '13) Oct '13 Ron 1
News Collingwood town officials face OPP probe (Mar '13) Mar '13 smelled there sin... 1
News Collingwood homes evacuated because of landslid... (Mar '12) Feb '13 WTF 2
More from around the web