Breakwater Equity Partners Protects Houston Tenant-in-Common Buildings from Foreclosure
$22.35 Million Investment to be Reorganized in Bankruptcy Houston, Texas (PRWEB) January 07, 2013 Breakwater Equity Partners, a commercial real estate restructuring and investment firm, has filed a Chapter 11 bankruptcy on two Houston buildings located at 9720 and 9730 Cypresswood Drive. The bankruptcy was filed in the Northern district of Illinois. The property, which includes an 82,821 square-foot, four-story class A office building and an 11,480 square-foot, stand-alone restaurant, will now be restructured through the bankruptcy process. The 33 tenant-in-common investors purchased
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