Zakiya is a staff writer with STOREYS. She has reported on real estate for Apartment Therapy, Curbed, and Post City Magazines. She also writes a quarterly series for a Canadian design publication.
The receivership order extends over development lands in Brampton set to accomodate over 2,000 new residential units in townhomes, single-family homes, and mid- and high-rise apartments.Maplequest Ventures Inc. — a privately held real estate development company based in Richmond Hill — is a quintessential example.
The court filings further state that Maplequest has failed to pay two months of interest payments, pursuant to which the underlying loans matured on March 1, 2024, in favour of KingSett, and May 8, 2024, in favour of First Source. The Digram-owned sites include lands at 4 Breckonwood Street, 18 Portman Street, and 54 Phyllis Drive, as well as a third address on Dotchson Avenue.
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