JER Investors Trust Inc.
Case Number:
1:23-bk-12109
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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September 03, 2024
NY REIT Heads Toward Noteholder Mediation For Ch. 11 Plan
Attorneys for real estate investment trust JER Investors Trust Inc., told a Delaware bankruptcy judge Tuesday that it plans to mediate with noteholders who objected to its Chapter 11 plan based on a $15 million settlement signed less than a week before JERIT filed for bankruptcy.
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January 02, 2024
NY REIT Plans Wind-Down After $1.25B In Investment Losses
Real estate investment trust JER Investors Trust Inc. has filed for Chapter 11 protection in Delaware bankruptcy court, saying after losing nearly $1.25 billion in mortgage-backed securities investments it will use recently raised cash to partially pay off its nearly $114 million in debt.