Winnipeg |390 on the river (d Condo) | ~81M | 24F | U/C - Page 16

Simplicity · #**301** Posted **Jun 25, 2015, 7:44 PM**

If a sales rep is telling people that there is occupancy on a project like this at its current status only 7 months down the line, they should be brought in front of their board for licensing review. It's one thing to try and gloss over minor issues. It's another to spread outright fantasia as truth. There's sales, and then there's intentionally misleading people; This doesn't qualify as sales anymore.

NK59 · #**302** Posted **Jun 25, 2015, 9:20 PM**

Quote:

Originally Posted by Simplicity

If a sales rep is telling people that there is occupancy on a project like this at its current status only 7 months down the line, they should be brought in front of their board for licensing review. It's one thing to try and gloss over minor issues. It's another to spread outright fantasia as truth. There's sales, and then there's intentionally misleading people; This doesn't qualify as sales anymore.

Shady companies like Sandhu use shady companies to sell.

blueasajewel · #**303** Posted **Jun 25, 2015, 9:31 PM**

Quote:

Originally Posted by simplicity

if a sales rep is telling people that there is occupancy on a project like this at its current status only 7 months down the line, they should be brought in front of their board for licensing review. It's one thing to try and gloss over minor issues. It's another to spread outright fantasia as truth. There's sales, and then there's intentionally misleading people; this doesn't qualify as sales anymore.

+1

CoryB · #**304** Posted **Jun 26, 2015, 2:37 PM**

Sandhu also has their name on a building in the Exchange that appears to be under heavy renovations. Anyone know which project that is that the state of it?

Biff · #**305** Posted **Jun 26, 2015, 2:47 PM**

Quote:

Originally Posted by CoryB

Sandhu also has their name on a building in the Exchange that appears to be under heavy renovations. Anyone know which project that is that the state of it?

Stables on Adelaide Apartments - 49 Adelaide St
Bag Factory Apartments - 311 Alexander Ave

buzzg · #**306** Posted **Jun 26, 2015, 3:27 PM**

Quote:

Originally Posted by NK59

Shady companies like Sandhu use shady companies to sell.

This is an interesting statement: do you have some sort of beef with them or have some inside info? Because they've had some successful projects that went without a hitch and those other two seem to be moving along well. Or is that just based on this one project?

Simplicity · #**307** Posted **Jun 26, 2015, 3:45 PM**

Quote:

Originally Posted by buzzg

This is an interesting statement: do you have some sort of beef with them or have some inside info? Because they've had some successful projects that went without a hitch and those other two seem to be moving along well. Or is that just based on this one project?

This is not true and I'll leave it at that.

buzzg · #**308** Posted **Jun 26, 2015, 3:52 PM**

Quote:

Originally Posted by Simplicity

This is not true and I'll leave it at that.

Completed* I should have said, forgive me.

Simplicity · #**309** Posted **Jun 26, 2015, 4:14 PM**

Quote:

Originally Posted by buzzg

Completed* I should have said, forgive me.

But this also isn't true. Too often people see things standing and conflate success.

Flatland Metropolis · #**310** Posted **Jun 29, 2015, 5:45 AM**

Quote:

Originally Posted by oftheMoon

Has anybody been by the D condo site lately? Wonder if any progress happening.

Drove by tonight, things are still progressing which is interesting.

Cyro · #**311** Posted **Jul 6, 2015, 4:41 PM**

Quote:

Originally Posted by Flatland Metropolis

Drove by tonight, things are still progressing which is interesting.

Quite the surprise?!?

CoryB · #**312** Posted **Jul 6, 2015, 5:20 PM**

Driving over the Donald St bridge it looked like they had appliances, still in cardboard, but staged in each unit. Could they be entering the stretch of starting to finish units?

buzzg · #**313** Posted **Jul 6, 2015, 5:24 PM**

Quote:

Originally Posted by CoryB

Driving over the Donald St bridge it looked like they had appliances, still in cardboard, but staged in each unit. Could they be entering the stretch of starting to finish units?

I think you're referring to 300 Assiniboine, not D Condo. But in that case, yes it looks pretty close.

Biff · #**314** Posted **Jul 16, 2015, 2:28 PM**

Official height on D Condo is 231 ft.

NK59 · #**315** Posted **Jul 16, 2015, 2:43 PM**

Quote:

Originally Posted by Biff

Official height on D Condo is 231 ft.

And it will be 231 feet in the sky in spring of 2017, if ever.

Simplicity · #**316** Posted **Jul 16, 2015, 2:44 PM**

Quote:

Originally Posted by Biff

Official height on D Condo is 231 ft.

Heard Montrose called the second mortgage last week.

TimeFadesAway · #**317** Posted **Jul 17, 2015, 4:31 PM**

Quote:

Originally Posted by Simplicity

Heard Montrose called the second mortgage last week.

Tis but a scratch...Just a flesh wound

pegger87 · #**318** Posted **Jul 20, 2015, 8:29 PM**

Quote:

Originally Posted by Simplicity

Heard Montrose called the second mortgage last week.

Quote:

Originally Posted by TimeFadesAway

Tis but a scratch...Just a flesh wound

Not following what you're talking about. Is this good or bad?

Simplicity · #**319** Posted **Jul 20, 2015, 8:41 PM**

Quote:

Originally Posted by pegger87

Not following what you're talking about. Is this good or bad?

It's not good. When a mortgage is called it means you're in violation of the terms causing a default event.

Something like, say, using mortgage proceeds from one project to quietly pay the bills coming due on another. Banks hate when you do that. They also hate when you skim your development fees off the top.

blueasajewel · #**320** Posted **Jul 20, 2015, 8:51 PM**

Quote:

Originally Posted by pegger87

Not following what you're talking about. Is this good or bad?

Here you go...

https://youtu.be/zKhEw7nD9C4