Arent Fox Distressed Real Estate Report | Iss. 11, Vol. 1
Arent Fox attorneys have significant experience advising parties with respect to the workout, disposition and acquisition of real property, distressed real estate loans and other assets. We regularly monitor not only cutting edge developments in real estate, commercial and bankruptcy law, but we stay abreast of real estate-related bankruptcy filings across the country. Following is a listing of just a few recent real-estate filings and pending sales.
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Pending Bankruptcy Sales |
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Assets |
Bidder/Amount* |
Dates |
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* Amount reported in USD |
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United Marion LLC |
None |
Bids Due: Nov. 10, 2011 |
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Bronx, NY, 26-unit apartment building |
None |
Auction: Nov. 14, 2011 |
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United Walton LLC |
None |
Bids Due: Nov. 10, 2011 |
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Bronx, NY, 65-unit apartment building |
None |
Auction: Nov. 14, 2011 |
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Recent Bankruptcy Filings |
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Debtor |
Bankruptcy Court |
Type of Property |
Reported Assets* |
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* Assets reported in USD |
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Camel Parkwood, LLC |
Arizona (Phoenix) |
Real Estate |
$1–10 million |
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Mountain Village Fund I LLC |
California, Central District (Los Angeles) |
Single Asset Real Estate |
$1–10 million |
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Spanish Inn Inc. |
California, Central District (Riverside) |
Single Asset Real Estate |
$1–10 million |
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Casstle Investment LLC |
California, Central District (San Fernando Valley) |
Single Asset Real Estate |
$1–$10 million |
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Frito Bandito, LLC |
California, Central District (San Fernando Valley) |
Single Asset Real Estate |
$1–$10 million |
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ZWC Properties, LLC |
California, Central District (Santa Ana) |
Real Estate |
$1–$10 million |
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78 First Street, LLC |
California, Northern District (Oakland) |
Real Estate |
$10–$50 million |
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Brownstone Lofts LLC |
California, Northern District (San Francisco) |
Single Asset Real Estate |
$10–$50 million |
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Community Towers I, LLC |
California, Northern District (San Jose) |
Single Asset Real Estate |
$10–$50 million |
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10 Maple Associates, LLC |
California, Northern District (Santa Rosa) |
Real Estate |
$1–$10 million |
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GBB4, INC |
California, Southern District (San Diego) |
Real Estate |
$1–$10 million |
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MCC Holdings, LLC |
Colorado (Denver) |
Real Estate |
$1–$10 million |
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Suites at New Orleans, L.L.C. |
Louisiana, Eastern District (New Orleans) |
Single Asset Real Estate |
$1–$10 million |
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Fagerdala USA Land Holding, Inc. |
Michigan, Eastern District (Detroit) |
Real Estate |
$1–$10 million |
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Thunderbird Sedona, LLC |
Nevada (Los Vegas) |
Real Estate |
$500K–$1 million |
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H.S. Rental Properties, Inc. |
New Mexico (Albuquerque) |
Single Asset Real Estate |
$1–$10 million |
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GEL LLC |
New York, Eastern District (Brooklyn) |
Single Asset Real Estate |
$1–$10 million |
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MRS Properties LLC |
New York, Eastern District (Brooklyn) |
Real Estate |
$1–$10 million |
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106 North High Street, LLC |
Ohio, Southern District (Columbus) |
Real Estate |
$1–$10 million |
This report is provided exclusively to our firm’s clients and certain investors, developers, lenders, and entities with which we have a relationship. For additional information about any of the cases listed above, please contact Mette Kurth or Aram Ordubegian.