Vancouver-based I4 Property Group faces insolvency on two condo and townhome projects, Siena in Burnaby and 8and8 in New Westminster. Desjardins Group initiated receivership for the $17.7M Siena debt. Blueshore Financial foreclosed on 8and8, with a $2.47M debt. The 8and8 site has been listed for $3,649,000.
