Another Atlanta Developer In Bankruptcy: Miles Properties And Related Entities File Chapter 11 Petitions In Northern District Of Georgia
Miles Properties, Inc., and several related entities, have filed Chapter 11 petitions in the Northern District of Georgia on January 8, 2010. The filing entities are listed below. Miles is one of the largest developers and owners of apartment and condominium communities in the country, with its headquarters in Atlanta. According to its website, it has 16 communities in Georgia and 36 total.
The president of Miles, Daniel J. Miles, was already in bankruptcy. An involuntary Chapter 7 petition was filed against him on December 8, 2009, Case No. 09-92601. The case was later converted to a Chapter 11 case. Creditors in the personal case are seeking the appointment of a Chapter 11 Trustee in that case (click here for motion).
This is just the latest in a string of developers that have either filed for bankruptcy protection, allowed properties to be foreclosed upon, or just ceased operations.
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10-60797 |
11 |
Miles Properties, Inc. |
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10-60798 |
11 |
MPI Development Group, Inc. |
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10-60802 |
11 |
MPI Portfolio I, Inc. |
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10-60803 |
11 |
MPI Azalea, LLC |
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10-60804 |
11 |
Miles-Cherry Hill, LLC |
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10-60805 |
11 |
Miles-Oak Park, LLC |
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10-60806 |
11 |
Miles-Fox Hollow, LLC |
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10-60807 |
11 |
Miles-April Ridge, LLC |
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10-60808 |
11 |
MPI Cimarron, LLC |
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10-60809 |
11 |
MPI Sunset Place, LLC |
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10-60810 |
11 |
MPI Palms West, LLC |
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10-60811 |
11 |
MPI British Woods, LLC |
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10-60812 |
11 |
MPI Chaucer, LLC |
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Scott Riddle’s practice focuses on bankruptcy and litigation. Scott has represented Chapter 7 and 11 debtors, creditors, trustees and other interested parties in bankruptcy cases and bankruptcy litigation. For more information, click here.
Does this bankruptcy effect Royal Isles Apts. in Orlando, FL? They are becoming slum lords and conditions are deplorable in an apartment I rent there for my son with management refusals to treat bedbugs and provide a door sweep on the bottom of the door so pests cant enter as there is a 1/2" crack at the bottom of the front door.
ARE the apartments in forcloser(highlandestates)IF their not i need my air fixed the grounds need to be done in the hole in my roof need to be repaired
We in Memphis is sitting on egg shells wonder what to do, i have yet to hear from the corp office regading my slip and fall,,, julie Norwell vp and anna vp asst wont return calls or reply to email another ponzee investor
Regency lake apts are located in Richmond,Va owned by Miles properties are included in the bankruptcy? because they are increasing rent. but are not repairing the apts
Please email me
What about their properties in Maryland? I just moved in an apartment under this company and I have been having a great deal of problems. Something seems very fishy about this company. I've tried to contact someone in the corporate office but most of the numbers are disconnected. What should I do now?
Who is handling the receivership for Royal Ridge in St Petersburg, Florida?