“Mizrahi had little or no prior experience developing, marketing or building real estate that approaches the size, scope and complexity of the project,” the receiver wrote in a court document.
“Every experienced professional that the receiver has consulted with in respect of Mizrahi’s performance as general contractor of the project has identified significant issues,” it added.
#Toronto #realestate #property #legal #Condominiums #housing #wealth
#Ontario #Canada
https://www.thestar.com/business/receiver-alleges-sam-mizrahi-owes-the-one-s-lenders-58-8-million-for-breach-of/article_9ac0df74-9533-11ef-b253-ef5e520fc118.html
