We helped our strata client to close on a deal to sell their Coquitlam housing complex Brandywine for $32 million to Anthem Properties.
The BC Supreme Court approved the sale of the 58-unit condominium project at 585 Austin Avenue earlier this year.
This is one of the first strata developments to sell to a developer using a new method for winding up strata corporations since the BC government implemented Bill 40 last year.
Allyson Baker negotiated the deal and led our strata client through the internal approval process, the closing of the deal as well as the entire court process, while Veronica Franco and Alexandra Andrisoi helped to obtain the necessary court order.
In this new field of strata wind-up, our team has already gained considerable experience, working with more than 20 strata corporations at various stages in the process. Because of this expertise, Allyson Baker, Veronica Franco and Darren Donnelly have become sought-after leaders on the hot topic of strata wind-ups in Metro Vancouver.
Learn more about Brandywine here.