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More insolvency issues hit indebted Lower Mainland developer

10/01/25
CBC Vancouver

A B.C. Supreme Court judge has placed two companies incorporated to build the Eclipse and Lumina condo developments in Burnaby into creditor protection. They're the latest Thind Properties projects to face insolvency over mortgage debt. The CBC's Jason Proctor explains the most recent developments in the developer's debt saga. Connect with CBC Vancouver online: Website: https://www.cbc.ca/bc TikTok: https://www.tiktok.com/@cbcvancouver #CBCVancouver #CBCNews #BritishColumbia

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