Woodbine Centre
Shopping mall in Toronto, OntarioWikipedia
3
MENTIONS
2
EPISODES
2
PODCASTS
Search complete. 3 mentions across 2 episodes found for "Woodbine Centre".
Oct 8, 2026
200 - What Thousands of Business Failures Look Like Up Close
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11:33Bryan GelmanGUEST
And, and like I was saying before, there, there's ways to, I would say, defer a loss, and, and I'll get into that with a specific example, really deferring the loss to a future point in which you hope that the real estate value goes up.
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11:51Bryan GelmanGUEST
So, so, you know, we both live in Toronto, and there is a project called the Woodbine Mall project, okay? Woodbine Mall, a well-known lender, lent about, I don't know, it was $200 or $300 million into that project.
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12:06Bryan GelmanGUEST
And ultimately, ultimately, the borrower couldn't pay back the loan, okay? And the borrower went into receivership, so the lender put in a trustee like me, I think it was Ernst & Young, who ef- who effectively took over the mall and decided to list it for sale.
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12:25Bryan GelmanGUEST
Now, the economy isn't great.
Poverty Quarantine ft. Chloe Brown
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7:10MarlonHOST
Yeah, the zone, yeah.
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7:11Chloe BrownGUEST
So this is, it gets exciting for me, 'cause I'm like, "Yo, if you're gonna rebuild the entire racetrack into a residential community with entertainment, racetrack, what's beside it? The Woodbine Mall." Mm-hmm.
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7:23MarlonHOST
Yeah.
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7:23Chloe BrownGUEST
It's got the biggest indoor-
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8:07MarlonHOST
I'm telling you, man, bad traders over there.
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8:08Chloe BrownGUEST
But, um, that whole area, Albion Mall wants to redevelop with condos.
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8:13Chloe BrownGUEST
Woodbine Mall wants to redevelop with condos.
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8:15Chloe BrownGUEST
Hm.