On November 25, 2025, Jameson Broadway & Birch entered Companies’ Creditors Arrangement Act protection after BC Housing suspended further construction advances, leaving the nearly finished 28-storey Vancouver rental tower without sufficient cash to keep crews on site or address more than $156.5 million in secured debt and roughly $8.5 million in unpaid contractor claims. The developer was operating under a stay to December 5 while preparing to seek court approval of a $25.9 million interim financing facility and was working to preserve a signed $235 million purchase agreement that, upon completion of construction, was expected to repay all creditors in full. Alvarez & Marsal was the court-appointed monitor.

Legal advisers were Dentons for the petitioners, DLA Piper for the monitor, Richards Buell Sutton for BC Housing, Harper Grey for Metro-Can, Owen Bird for Gatland Development Corporation, and Cassels for Portage Capital Corporation.