TORONTO — A judge has approved a receiver to supervise the sale of Toronto’s Trump International Hotel & Tower, reports CBC News.

JCF Capital ULC, a private company that bought the debt on the project in September, has accused the property’s owner/developer, Talon International Inc. of being in default on its construction loans since July 2015.

FTI Consulting Canada Inc. has been named as receiver for a sale of the 65-storey hotel and condominium complex.


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