Courtesy of Kevin Rakowski of Vice Realty Ltd.
Fort Crossing was placed in receivership and KSV Kofman Inc. was appointed as Receiver and Manager, to act in respect of described assets, properties and undertaking of Station Point Developments Ltd. To participate in the process, prospective purchasers are required to execute a confidentiality agreement, following which they will be provided access to an electronic data room to assist in their evaluation of the Property. Offers will be considered after July 8th, 2020. Initial offers, regardless of form and content, will not create any binding legal obligations upon the Receiver. Neither JLL nor the Receiver is under any obligation to select any of the offers. The Receiver reserves the right to amend the offering procedure at any time without notice. Any transaction for the Property is subject to court approval.
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