Filing Alert: Monticello Owner Chapter 11

Monticello Owner LLC and its debtor affiliate⁽¹⁾, owner of Monticello on Cranbrook, a multifamily apartment complex in Houston, TX, filed for Chapter 11 protection on Oct. 5 in the U.S. Bankruptcy Court for the Southern District of New York.

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 26-12407.

⁽¹⁾ Monticello Owner 2 LLC.

Key Parties

Counsel:

• Kevin Nash
  Goldberg Weprin Finkel Goldstein LLP
  Email: knash@gwfglaw.com

Financial Advisor / CRO:

• FIA Capital Partners LLC (David Goldwasser)

Equity Security Holders:

• Country Manor Realty LLC – 100% Equity Interest

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

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