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Urban Commons reports $853,688 net loss for November
By Sarah Lizee
Olympia, Wash., Jan. 4 – Urban Commons 2 West LLC reported a $853,688 net loss for November on zero operating revenue, according to a monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
The company had $9,087 in cash at the end of November.
Urban Commons is a Corona Del Mar, Calif.-based company that modernizes underperforming hotels. The company filed Chapter 11 bankruptcy on Nov. 15, 2022 under case number 22-11509.
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