Filing Alert: Ranchland Apartments Owner Chapter 11
RanchlandMTX, LLC, a single asset real estate company that owns the Ranchland Apartments complex in Midland, TX, filed for Chapter 11 protection on August 31...
RanchlandMTX, LLC, a single asset real estate company that owns the Ranchland Apartments complex in Midland, TX, filed for Chapter 11 protection on Aug. 31 in the U.S. Bankruptcy Court for the Western District of Texas.
The company reports $15.1 million in assets and $11.6 million in liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-11748.
Top Unsecured Claims
Key Parties
Counsel:
- Elias Yazbeck
The Law Office of Elias M. Yazbeck, PLLC
Email: elias@yazbecklaw.com
Signatories:
- Ravinder Katta – Authorized Representative