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Real estate & construction coverage - ElevenFlo

Real estate & construction coverage

45 articles

Week of October 5, 2026

TM36 and StopLoss Seek Equipment Sale Ahead of Liquidation Plan

TM36 and StopLoss seek a coordinated equipment auction as they prepare a liquidation plan. The proposal competes with Recovery Logistics Finance’s repossession request, while a nearly $10 million claim dispute remains in bankruptcy court.

Week of September 21, 2026

HouseCanary Wins Conditional $3M Interim Financing Approval

HouseCanary received conditional authority for $3 million in interim borrowing under a proposed $15 million facility after filing Chapter 11 to halt a foreclosure. A $175 million Texas jury award still awaits judgment.

Week of August 3, 2026

Fieldstone A&E Files Chapter 11 Amid Construction-Defect Claims

Fieldstone A&E, a Michigan architecture and engineering firm, filed Chapter 11 under Subchapter V amid disputed construction-defect claims from associations and homeowners.

Week of July 20, 2026

DAMIS and SIMAD Propose $6.8M Camp Kiwi Sale

DAMIS and SIMAD propose a Camp Kiwi sale for $6.8 million in cash, plus cure amounts and assumed liabilities, subject to court approval. DAMIS also names a $3 million stalking-horse bidder for 12 Cambridge Drive.

Week of July 13, 2026

Sea Palms Files Chapter 11 to Sell Edisto Beach Timeshare Amid $2.6M Repair Needs

Sea Palms Council of Co-Owners filed Chapter 11 Subchapter V to sell its Edisto Beach timeshare property, terminate the timeshare plan and dissolve. The association projected $2.634 million in repairs and capital improvements through 2029.

Week of June 29, 2026

LURIN’s Elements Debtor Files Liquidating Plan After $118.63M Credit Bid

LURIN’s Elements debtor filed a liquidating plan after approval of a $118.63 million lender credit bid. The proposal funds a trust and gives qualifying unsecured creditors priority over lender deficiency distributions.

Integrity Investment REO Files Chapter 11 to Block Byline's $11.4M Receivership Push

Integrity Investment REO Holdings filed chapter 11 in Chicago on the day Byline Bank was set to seek a receiver, after an $11.4 million loan matured unpaid. The case has no plan, no debtor-in-possession financing, and only a single $5,924 reported deposit.

Week of June 15, 2026

SIMAD Holdings Files Chapter 11 After $214M Bond Default, Lines Up $98M in Camp Sales

SIMAD Holdings filed chapter 11 after a $214M Israeli bond default. The debtors later lined up $98.15M in stalking-horse agreements for three camp sales.

Week of June 1, 2026

Rokstad Holdings: CAD$20M Canadian Sale in Cross-Border Chapter 15

FTI Consulting Canada filed chapter 15 for Rokstad Holdings in Delaware to extend a BC receivership. Stellex, which had acquired all secured debt, credit-bid U.S. operations while Graham Maintenance Services paid CAD$20M for Canadian assets in January 2025.

Week of May 4, 2026

MP Complete Solutions: Fort Lauderdale Real Estate Chapter 11

MP Complete Solutions, LLC, a Fort Lauderdale residential real estate investment and property management firm, filed chapter 11 on March 24, 2026 in the U.S. Bankruptcy Court for the Southern District of Florida. The voluntary petition reported estimated assets of $1M–$10M.

Week of April 13, 2026

Office Properties Income Trust Files Chapter 11 With $2.42B in Debt, Targeting $1B Deleveraging

OPI filed chapter 11 Oct 2025 with $2.42B debt, 124 office buildings and 17.2M sq ft; 80% noteholder support.

Week of March 30, 2026

Plaza Continental Group: SARE Filing for Ontario CA Retail Center

Plaza Continental Group LLC filed chapter 11 for its 120,000 SF retail and office center in Ontario, California, with a 90-day SARE plan deadline.

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