Developer: Park Pointe could break ground in 2011 (Issaquah Press)

The developer behind Park Pointe said ground could be broken for the embattled Tiger Mountain residential project as early as a year after it emerges from Chapter 11 bankruptcy hearings. But city officials, accustomed to long delays related to Park Pointe, described the timeline as ambitious.Wellington Park Pointe LLC Vice President Ron Slater said the [...]

Fairfield Residential files Chapter 11 bankruptcy (San Francisco Chronicle)

Apartment buildings owner Fairfield Residential LLC has filed for Chapter 11 bankruptcy protection, with a pre-negotiated agreement with lenders intended to facilitate a quick exit. Fairfield, based in San Diego, owns multifamily apartment buildings around… San Diego – Chapter 11 Title 11 United States Code – Limited liability company – United States – Apartment building