Delta Toronto East and Development

deltatorontoeasthotel

Delta Toronto East and Development Lands

Sales Date: June 2018
Keys: 366        
Price: $60,000,000
Client: KPMG Inc., in its capacity as court appointed liquidator of Tarn Financial Corporation
Buyer: Sunray Group

Colliers Hotels and Colliers Investment Services Group ("Colliers") are pleased to announce the successful sale of the 366-key full-service Delta Toronto East and Development Lands, approved for the construction of over 1,000 residential condominium units (the "Property") situated on a ±6.9 acre site. 

Colliers was retained by KPMG Inc. (“KPMG”), in its capacity as court appointed liquidator (the “Liquidator”) of Tarn Financial Corporation. The Property was purchased by Sunray Group with a growing collection of nearly 40 hotels in Eastern Canada.


For More Information, Please Contact:

Robin McLuskie

Managing Director | Hotels

Toronto Downtown

Robin has been with Colliers since 2003 and is responsible for hotel and resort investment sales, business development and client management. As Managing Director of Canadian hotel brokerage operations, she is an industry leader representing Canada's largest hotel owners, focusing on developing long-term client relationships and helping to establish Colliers as the advisor of choice to institutional capital and private investors.

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