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Posted: Sat 11:00, 23 Aug 2014 Post subject: FALL WINTER CLOTHING Auction of Burlington Outlet |
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Raleigh real estate investor has followed through with his plan to file for Chapter 11 bankruptcy protection to avoid foreclosure of his Burlington Outlet Village property in Burlington.
BMOC Investors LLC has filed for bankruptcy protection, according to documents filed in the U.S. Bankruptcy Court’s Eastern District of North Carolina.
Anthony is the managing member of BMOC Investors LLC, and the entity’s sole asset is Burlington Outlet Village,[url=http://discountclothingstyle.com/fall-winter-clothing_categories260/]FALL WINTER CLOTHING[/url], a 250,[url=http://freeshippingworldwideshoes.com/adidas-shoes-adidas-35th-anniversary-c-108_109.html/]ADIDAS 35TH ANNIVERSARY[/url],000-square-foot shopping center off of Interstate 40/85 that he and a group of family investors bought in 2006.
The nine-page bankruptcy petition lists five unsecured creditors with the largest being a $27,[url=http://shopcheapmensclothing.com/belstaff-jackets-belstaff-womens-jackets_categories248_250/]Belstaff Womens Jackets[/url],725 debt owed to Baker Roofing of Greensboro and an $18,000 debt to CRC-Raleigh NC of Apex.
When , he noted that the entity still owes about $5.8 million on a loan with bank.
Amanda Jones Hoyle covers commercial and residential real estate,[url=http://menscheapfootwear.com/ferragamo-bags-c-204.html/]Ferragamo Bags[/url]. Follow her on Twitter @TBJrealestate
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