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Distressed Projects

Distressed Projects are projects that have not yet "exited" - Investors do not yet know the fate of their investment however they have been advised by FAAN that their investment is at risk.

Total Loss
Partial Repayments

The following projects exited prior to 2018 and were successful according to Fortress.

 

They include: Estates of Black Creek,  The Mod'rn Stationwest (Masonry), Trafalgar Square, Harris Beech, Countryside Crossing, Helen Avenue,  Mayfield 1, Mayfield Phase 2 (Alloa Greens), Mayfield Phase 3 (Alloa Greens), Brock Village, Dufferin Medical,Lloyd Avenue, Munir on Dufferins Creek, Avalon, Bronte Crossing, Brant Park, Bronson, East Fifty Five, King Charlotte, Towns on Hall, Woodbridge Park (Kipling Court) & York Downs

The following is a snapshot of the Fortress Projects and review of total funds paid to investors and total losses. Please view this presentation on your PC or iPad for optimal viewing​

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