Ed Mirvish Enterprises Limited and its subsidiary, Bathurst Street Holdings Inc., completed the previously announced sale of its 3.47 acre site at the southwest corner of Bloor Street West and Bathurst Street in Toronto, including Mirvish Village and Toronto's first department store, Honest Ed's, to 500 Bloor Street Property Inc., a wholly owned subsidiary of Westbank Projects Corp. The purchase was financed using a credit facility provided by HSBC Bank Canada.
Ed Mirvish Enterprises was represented by Torys LLP with a team including Don Roger, Sarah Crowe and Gwen Johnson, and EMEL's advisor, Richard Conway of RAC Counsel Professional Corporation.
Westbank Projects was represented by its BC counsel Neil Kornfeld of Kornfeld LLP. McCarthy Tétrault LLP acted as Westbank's Ontario counsel with a team of Tzen-Yi Goh, Patrick Kee and Natasha Khan.
HSBC Bank Canada was represented by its BC counsel Irv Laskin from Lawson Lundell LLP. Fogler, Rubinoff LLP acted as HSBC's Ontario counsel with a team including Daniel Hirsh, Jane Sergievskaya and Julia Trinh.