A little over a year later, these three Cresford projects are now in various stages of being revised and relaunched under new ownership.

Another one of the three luxury condo towers that fell into receivership under Cresford Development Corporation has reportedly been sold to another Toronto-region developer for a nine-figure price tag.

Presale buyers at Halo Residences, one of three Cresford condo projects currently in receivership, could be getting their deposits back in a new sales transaction expected to close this month.