DC Apartment Complex Hits Chapter 11 With Over $10M Debt

By Ben Zigterman · December 19, 2024, 3:53 PM EST

The operator of an apartment complex in Washington, D.C., filed for Chapter 11 in Delaware, saying the impact of COVID-19 and the district's affordable housing voucher program have led to diminishing...

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Bankruptcy Scorecard

Summary

The operator of an apartment complex in Washington, D.C., filed for Chapter 11 in Delaware, saying the impact of COVID-19 and the district's affordable housing voucher program have led to diminishing cash reserves.

Case Number

1:24-12816

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

Over $10 million

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