Toronto’s Trump Tower nears auction as developer defaults
JCF Capital ULC, a closely held firm, is seeking a court-supervised sales process for the property in order to recoup the outstanding $301 million on the debt, according to court files.
Sunday, October 23, 2016
Donald Trump and the Russian Billionaire - Scam artists or shrewd businessmen
"The court filing is the latest in the decade-long saga of the building, Trump’s first branded hotel in Canada. Since construction began in 2007, the tower has been subject to lawsuits against Donald Trump’s firm and Talon from investors who say they were duped; a court battle to end Trump’s management agreement; and protests after the U.S. presidential candidate made comments about Mexicans, Muslims, and women during his campaign."
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