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Auraria Student Lofts gets interim access to cash collateral
By Sarah Lizee
Olympia, Wash., Oct. 7 – 5280 Auraria, LLC, which does business as Auraria Student Lofts, secured interim approval to use cash collateral from Oct. 1 through Dec. 31, according to an interim order filed with the U.S. Bankruptcy Court for the District of Colorado.
Fortress Credit Corp. unit DB Auraria LLC has asserted an interest in the cash collateral under a prepetition assignment of rents.
A final hearing is scheduled for Oct. 24.
The San Clemente, Calif.-based company provides student housing in Denver. The company filed bankruptcy on June 9 under Chapter 11 case number 22-12059.
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