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D. Manning & Associates Inc. was appointed as Court-Appointed Receiver and Manager of the Assets, Undertakings and Property of Censorio Group (Hastings & Carleton) Holdings Ltd. (Property at 4223-4229 Hastings Street, Burnaby, British Columbia) by Order of the Supreme Court of British Columbia on February 5, 2020.
The Company is the owner and developer of an incomplete five-storey, multi-family condominium project in North Burnaby with 28 residential strata lots and one (1) commercial strata lot and a two level underground parking facility.
At this time, it is the Receiver and Manager's intention to complete construction of the Property, issue a new Disclosure Statement, and sell the strata units.
The Receiver and Manager is presently assessing the project and does not yet have a proposed timeline for the completion of construction.
Censorio Group (Hastings & Carleton) Holdings Ltd. is only in Receivership relating to this development. All creditors' claims are stayed by the Court Order. Creditors may file their claims with the Receiver and Manager.
Any inquiries may be made to Alex E.H. Ng at (604) 683-8030 or (email@example.com).
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