Edmonton City Centre Mixed-Use Complex Receivership
Sector: Commercial • Location: Edmonton, Alberta, Canada
Source: storeys
The Edmonton City Centre mixed-use complex, including a mall and office towers, was placed under receivership due to default on loans totaling over $140 million. The complex spans 1.4 million square feet across three city blocks in downtown Edmonton and was acquired by LaSalle Canada Property Fund and partners in 2019. The receivership was initiated by Otéra Capital Inc., the real estate finance a
- Status
- Prospective
- Sector
- Commercial, Residential
- Location
- Edmonton, Alberta, Canada
- Updated
- 22 Jul 2026
- Source
- storeys
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Project Information
Participants
| Not available for this record. |
Status
Original status | under receivership |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Edmonton City Centre mixed-use complex, including a mall and office towers, was placed under receivership due to default on loans totaling over $140 million. The complex spans 1.4 million square feet across three city blocks in downtown Edmonton and was acquired by LaSalle Canada Property Fund and partners in 2019. The receivership was initiated by Otéra Capital Inc., the real estate finance arm of CDPQ, after the owners defaulted on loan payments and failed to maintain the property. |
Original sector | Commercial |
Budget |
Location
Country | Canada |
State | Alberta |
City | Edmonton |
Source
Source | storeys |
URL |
More Details
Record type | Project |
Sector | Commercial, Residential |
Article published date | 2025-09-15 |
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