A self-made B.C. success, developer Daljit Thind struggling to maintain his empire
Shirin Saleh, MA MBA
![Shirin Saleh, MA MBA]()
Shirin Saleh, MA MBA
Owner/Broker of 88West Realty, Realtor Growth Coach, Real Estate Instructor, Team Architect. At 88West Realty 24/7 Attentive Customer Service is YOUR Advantage.
Daljit Thind, a well-known Vancouver developer and founder of Thind Properties, is now facing significant financial troubles. Key projects like Surrey’s District Northwest and Burnaby’s Highline are under legal scrutiny, with debts exceeding $300M, leading to receivership and allegations of misappropriated funds.
This situation highlights the unpredictable nature of real estate development and the importance of strong financial strategies to manage risks in a volatile market.
What do you think real estate professionals can learn from these challenges?
Source: Vancouver Sun.