BSPV-Plano reports $651,454 net loss for November

Chicago, Dec. 22 – BSPV-Plano, LLC reported a $651,454 net loss on $80,311 of gross income or sales for November, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Texas.

The company had a cash balance of $41,202 at the end of the month, up from $1,653 at the end of October.

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, 2022 under case number 22-40276.

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