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Published on 1/26/2024 in the Prospect News Distressed Debt Daily.

BSPV-Plano reports $614,264 net profit for December

By Sarah Lizee

Olympia, Wash., Jan. 26 – BSPV-Plano, LLC reported a $614,264 net profit for December on $140,667 gross income/sales, according to a monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Eastern District of Texas.

The cash balance at the end of the month was $908,564.

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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