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RAD Diversified REIT is approaching a September 2 plan-confirmation hearing while continuing to administer a residential-property liquidation amid property-level stay-relief disputes. A secured creditor’s stay-relief motion concerning a Philadelphia property is set for a September 15 preliminary hearing, with the automatic stay remaining in place unless the Court orders otherwise under the preliminary-hearing order Dkt. 962; a separate group of Kiavi stay-relief matters has been continued to September 24 under the agreed continuance order Dkt. 955. The REIT and four affiliates commenced their jointly administered Chapter 11 cases on March 1, 2026. The debtors’ CRO attributed the filing to regulatory scrutiny, adverse publicity, and a liquidity crisis that curtailed fundraising and was followed by mortgage defaults and foreclosure activity; the stated objective was to preserve and maximize a portfolio of more than 300 rental properties and vacant lots through an independent-led restructuring. CRO declaration Dkt. 3 The original petition set a June 29 plan and disclosure-statement deadline and was filed with schedules and statements incomplete. voluntary petition Dkt. 1 Operations have been funded through cash-collateral arrangements rather than disclosed new-money…
Updated Aug 18, 2026
Aug 26, 2026
General / Status · 11:30 AM ET · Hon. Luis E. Rivera · Room 4-102
Limited Objection to First Application for Interim Compensation of Pack Law, as Counsel to the Debtors. Filed by Creditor Fang Zheng (related document(s)[960]). (Scanlon, Ryan)
Docket 993 · Aug 21, 2026
Order (I) Granting in Part Debtor's Expedited Motion to (A) Confirm High Bidders (B) to Authorize Distributions at Closing, (C) to Establish Good Faith of Purchaser, and (D) for Related Relief; and (II) Setting Further Hearing (related document(s)[912]). Hearing scheduled for 9/15/2026 at 03:30 PM at Tampa, FL - Courtroom 8B, Sam M. Gibbons United States Courthouse, 801 N. Florida Avenue. Service Instructions: Joseph Pack is directed to serve a copy of this order on interested parties and file a proof of service within 3 days of entry of the order. (Scanlon, Ryan)
Docket 992 · Aug 20, 2026
Objection to First Application for Interim Compensation of Pack Law, as Counsel to the Debtors. Filed by Creditor Alberto Rodriguez (related document(s)[960]). (Pierce, Brenton)
Docket 991 · Aug 20, 2026
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