Filing Alert: Hamilton Street Associates Chapter 11

Hamilton Street Associates, LLC, a single asset real estate company that owns a multipurpose student housing facility with two commercial spaces in Somerset, NJ, filed for Chapter 11 protection on Sep. 10 in the U.S. Bankruptcy Court for the District of New Jersey.

The company reports $10 million to $50 million in both assets and liabilities. The filing indicates that no funds will be available for distribution to unsecured creditors after administrative expenses are paid. The case number is 26-20342.

Key Parties

Counsel:

• Geoffrey P. Neumann
  Broege Neumann Fischer & Shaver, LLC
  Email: geoff.neumann@gmail.com

Signatories:

• Perry L. Pavicic – Managing Member

Bondoro Insights is continuing to monitor this case and will provide further coverage as appropriate.

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