The One Placed Into Receivership in Toronto
Yonge and Bloor, Toronto, Ontario, Canada
CONFIRMED84% CONFIDENCEHappened as dated, per the source[1]: the tower "was taken over by a court-appointed receiver" in "October 2023" after "financiers defaulted on more than $1.2 billion in loans."
The One, an 85-storey tower at Yonge and Bloor meant to be Canada's first supertall skyscraper, was placed into receivership after its financiers defaulted on more than $1.2BN in loans.
C$1.2B
1.00