Toronto developer Urbancorp looks to come out of their bankruptcy proceedings with $31m in their pocket, yet none of their purchasers will be getting their homes. What happened here and more importantly what can we learn from this saga as real estate investors? EPISODE HIGHLIGHTS 2:15 It's extremely rare. 3:34 Your deposits are protected by your [...]
What Happens When Your Condo Developer Goes Bankrupt?
December 19, 2016 / by Andrew la Fleur / Podcast
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