Hardie & Kelly Faust Harbour Developments Ltd.Faust Harbour Developments Ltd.

Receivership Proceedings

On June 16, 2017, the Court of Queen’s Bench of Alberta issued an Order appointing Hardie & Kelly Inc. as receiver (the “Receiver”) of Faust Harbour Developments Ltd. (“FHDL”).  A copy of the Receivership Order can be found below.

Sale of Real Estate

The Receiver has engaged Jones Lang LaSalle Real Estate Services Inc. (“JLL”) as its listing agent in respect of real estate owned by FHDL in Faust, Alberta, the highlights of which are as follows:

  • Approximately 27 acres of land;
  • 90 rectangular or pie-shaped residential lots (ranging from 5,490 to 11,89 sq. ft.);
  • One commercial lot (29,171 sq. ft);
  • Located adjacent to the public marina with lake access; and
  • Services partially installed.

Interested parties should contact Mr. Paul Gemmel, of JLL, at 780-328-2560 for more information.

The deadline for the submission of offer to JLL is Tuesday, October 31, 2017.

Court Orders

Court Filings

Receiver’s Reports

Contact Information for the Receiver

For further information, please contact Marc Kelly of the Receiver’s office at mkelly@insolvency.net or (403-536-8510.