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Cases / Real estate

Reid Heritage Properties

Scott Reid

ReportedJul 3, 2026
LocationGuelph, Canada
Amount$75,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Reid Heritage Properties
Industry
Real estate development (private loan/REIT-style offerings)
How investors were recruited
Personal relationships/referrals through business partners, trading on the Reid family's home-building reputation
Pitch & red flags
"Private REITs", "bridge capital"/"mezzanine-style capital", 9-12% interest payments, "tax-free income"

Pitch phrases from this case

Source

guelphtoday.com

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