Filing Alert: NB Element, DTS Chapter 11

NB Element, DTS, a single asset real estate company whose principal asset is a multifamily apartment property at 6730 4th Avenue in Sacramento, CA, filed for...

NB Element, DTS, a single asset real estate company whose principal asset is a multifamily apartment property at 6730 4th Avenue in Sacramento, CA, filed for Chapter 11 protection on Apr. 7 in the U.S. Bankruptcy Court for the District of Delaware.

The company reports $50 million to $100 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 26-10502.

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