The Irish property lender Castlehaven Finance has appointed receivers over 198 apartments in north Dublin, the latest activity in a string of receiverships and insolvencies involving companies connected with the developer Bernard McNamara. Castlehaven has appointed Mark Degnan and Daryll McKenna of Interpath Advisory as receivers over assets connected with Linbiz Limited, a McNamara vehicle behind the Northwood Avenue development in Santry in north Dublin. Castlehaven was the senior lender on the project. The appointment is consensual between Castlehaven and Linbiz. The 198 apartments are almost finished and are close to being ready for sale. McNamara entities have been retained…
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