BSPV-Plano reports $613,311 net loss for July

By Sarah Lizee

Olympia, Wash., Aug. 23 – BSPV-Plano, LLC reported a $613,311 net loss on $31,662 of gross income/sales for July, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Eastern District of Texas.

The company had a cash balance of $122,116 at the end of July.

The Plano, Tex.-based company was formed in May 2018 to acquire, own, develop and operate an independent senior luxury apartment community known as the Bridgemoor at Plano. It filed Chapter 11 bankruptcy on March 1 under case number 22-40276.

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