BSPV-Plano reports $3.11 million net loss for February

By Sarah Lizee

Olympia, Wash., March 24 – BSPV-Plano, LLC reported a $3.11 million net loss for February on $101,130 of gross income/sales, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Eastern District of Texas.

The company had a cash balance of $239,996 at the end of the month.

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, 2022 under case number 22-40276.

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