MCA Financial Group was engaged by a secured lender in connection with the Chapter 11 bankruptcy of a borrower who owned a 200,000-square-foot office building in Houston, Texas. The borrower, facing foreclosure, filed bankruptcy to halt the Trustee's Sale and proposed a Plan of Reorganization to restructure its debts. MCA...
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The Grid, a mixed-use project planned for downtown Mesa with an estimated cost of $75 million, started construction in February 2020. The development was set to feature 196 apartments, 75 urban flats, 15 three-story rowhomes, Class A office space, and a restaurant. However, the project encountered several delays, exacerbated by...
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