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Published on 8/19/2022 in the Prospect News Distressed Debt Daily.

GT Real Estate reports $344,600 net operating loss for July

Chicago, Aug. 19 – GT Real Estate Holdings, LLC reported a $344,600 net operating loss on zero revenue for July, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Delaware.

The net loss for the period was $366,600.

The company listed $736,549 in cash and cash equivalents as of July 31.

The Charlotte, N.C.-based real estate company filed Chapter 11 bankruptcy on June 1 under case number 22-10505.


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