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Content tagged with: Receivership

ProCura’s WSP Place, adjacent lots in Edmonton under receivership; $55M owing

Howard Chai Commercial Receivership Edmonton Sep. 16 2026

Edmonton-based ProCura Real Estate Services is facing a series of insolvencies, with three properties it owns all being placed under receivership last month, according to two separate filings in the Court of King’s Bench of Alberta.

The mechanics of recovery: Navigating real estate receiverships in a volatile market

Morgan Iannone Commercial Receivership National Apr. 28 2026 SPONSORED

The influx of receivership mandates isn't just a byproduct of high interest rates; it’s the result of a "perfect storm" of development pressures that left little room for error. A parallel narrative is unfolding across Canada’s two most expensive markets.

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Alberta Atlantic Canada Banff British Columbia Calgary Charlottetown Edmonton Greater Montreal Greater Toronto / GTA Halifax Hamilton International Jasper Lethbridge Manitoba Metro Vancouver National Nova Scotia Ontario Ottawa Quebec Quebec City Regina Saskatchewan Saskatoon Surrey Toronto / GTA Victoria Waterloo Winnipeg Yukon / NWT / Nunavut
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