BSPV-Plano reports $580,196 net loss for March

By Sarah Lizee

Olympia, Wash., April 25 – BSPV-Plano, LLC reported a $580,196 net loss on $9,493 of gross income/sales for March, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Texas.

The company had a cash balance of $31,554 at the end of the month.

The Plano, Tex.-based company was formed in May 2018 to acquire, own, develop and operate an independent senior luxury apartment community known as the Bridgemoor at Plano. It filed Chapter 11 bankruptcy on March 1 under case number 22-40276.

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