Since 2019 FAAN has been acting as Trustee for syndicated mortgage investors who are still owed money more than five years after Fortress RDI collapsed in 2018.Fred Lum/Globe and Mail
Richmond Hill, Ont.-based real
Tag: Payments
Builder defaults on payments linked to Fortress Real Developments collapse
Country Garden, Chinese Real Estate Giant, to Miss Debt Payments
The embattled property developer Country Garden said on Tuesday that it was unable to repay a loan and expected to miss upcoming overseas debt payments as a result of plunging sales from China’s spiraling property crisis.
The announcement, made on