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.

 

10-60797

11

Miles Properties, Inc.

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60798

11

MPI Development Group, Inc.

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60802

11

MPI Portfolio I, Inc.

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60803

11

MPI Azalea, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60804

11

Miles-Cherry Hill, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60805

11

Miles-Oak Park, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60806

11

Miles-Fox Hollow, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60807

11

Miles-April Ridge, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60808

11

MPI Cimarron, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60809

11

MPI Sunset Place, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60810

11

MPI Palms West, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60811

11

MPI British Woods, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

10-60812

11

MPI Chaucer, LLC

 
 

Filed:

 01/08/2010

Entered:

 01/08/2010

 

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.

Written By:Robert Hudson On April 21, 2010 11:55 AM

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.

Written By:dez On May 17, 2010 10:46 AM

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

Written By:Memphis Tn Highland Pines On May 30, 2010 8:05 PM

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

Written By:DEBORAH MARTIN On July 13, 2010 11:49 AM

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

Written By:Corretta Young On July 14, 2010 4:22 PM

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?

Written By:Eric On October 26, 2010 12:10 PM

Who is handling the receivership for Royal Ridge in St Petersburg, Florida?