Everything to know about the April 8 eclipse in Atlantic Canada | SaltWire #eclipse | SaltWireST. STEPHEN, N.B. — A downtown St. Stephen property which has sat in construction limbo since last year may soon be sold, the property's receiver confirms.
Ontario firm Nelkor, owned by Robert Nelson, said in court filings it is owed $927,592 from loans it issued Spur Line Properties from December 2019 to September 2021, secured against the property's mortgage. Bird Construction Group, Celtic Construction Inc., Fundy Contractors Limited, Seaside Plumbing and Mechanical, Inc., Ocean Steel Rebar Limited and Southwest Electric and Security Inc. all also have actions against Spur Line Properties, according to the receivership order. The property was appraised at $764,500 in January 2019, according to court filings.
"It's huge... If that wasn't where it was right now, there would be a hotel," he said."I had discussions with developers and they were ready to roll, the only thing holding them up is fear of that one coming to fruition." At the council meeting on Thursday, Barham said the motion to rank the creditors hopefully will not delay the process"any more than a week or 10 days."