The Condominium Association of the Lynnhill Condominium Bankruptcy Case
The Condominium Association of the Lynnhill Condominium
Stage
✓Completed stage: Filed
→✓Completed stage: DIP financing
→✓Completed stage: Plan filed
→✓Completed stage: Plan confirmed
→✓Completed stage: Plan effective
→●Current stage: Closed
Case No.
18-10334
Court
Maryland
Judge
Paul Mannes
Timeline
Current updates are not available. Earlier updates remain below for historical context and may no longer reflect the case’s current position.
Earlier updates
These updates were replaced by later case developments and may no longer reflect the current case.
Plan·
The court confirmed Lynnhill’s second amended joint Chapter 11 plan and authorized a free-and-clear sale of the 219-unit Temple Hills, Maryland condominium complex to Dragone Realty, LLC for $17.05 million, subject to a $1 million credit tied to Prince George’s County life, health, and safety requirements. Dragone had won the February 20 auction, topping AHH16 Development, LLC’s $16.9 million backup bid, and the order requires closing within 15 calendar days absent a stay Dkt. 186Dkt. 237.
The case began on January 10 after the unincorporated condominium association sought Chapter 11 protection for a vacant, uninhabitable property at 3103-3107 Good Hope Avenue. First-day evidence described two seven-story buildings, no operating income beyond unpaid condo fees, severe vandalism and code issues, approximately $3.0 million of unpaid condominium dues, and the need for sale authority and DIP funding to preserve the site Dkt. 1Dkt. 11. The schedules listed $3.06 million of assets, largely receivables, against $2.44 million of liabilities, while the confirmed plan channels sale proceeds through administrative expenses, reserves, secured and disputed claim treatment, and former resident/unit-interest distributions Dkt. 22Dkt. 227Dkt. 237.
