Filing Alert: Nova at Summer Meadow Owner Chapter 11

Nova at Summer Meadow Owner, LLC, a Raleigh, NC-based multifamily real estate holding company that owns the Nova at Summer Meadows apartment community, filed...

Nova at Summer Meadow Owner, LLC, a Raleigh, NC-based multifamily real estate holding company that owns the Nova at Summer Meadows apartment community, filed for Chapter 11 protection on Oct. 7 in the U.S. Bankruptcy Court for the Eastern District of North Carolina.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that there will be funds available for distribution to unsecured creditors. The case number is 25-03953.

Top Unsecured Claims

Key Parties

Counsel:

Joseph Z. Frost
Buckmiller & Frost, PLLC
Email: jfrost@bbflawfirm.com

Signatories:

Abraham Ng'Hwani – President/Chief Executive Officer