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Real Estate & Property Law

: Housing Wire

Multifamily Developer Fairfield Files for Bankruptcy

By AUSTIN KILGORE

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Privately held multifamily real estate developer Fairfield Residential filed for Chapter 11 bankruptcy, the San Diego-based company said in an announcement on its Web site. The company said it reached an agreement with its major creditors for the ?framework of a consensual plan of reorganization.? A new operating company was formed that will allow Fairfield to [...]

Full post as published by Housing Wire on December 14, 2009 (boomark / email).

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