Calif. Landlord Files Ch. 11 With Over $50M In Debt

By Emily Lever · July 25, 2025, 4:43 PM EDT

A company that owns an apartment building in California's Central Coast region has launched a Chapter 11 case with between $50 million and $100 million each in assets and liabilities. ...

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Bankruptcy Scorecard

Summary

Laurel Creek LP, owner of a mixed-use development in San Luis Obispo, California, filed for Chapter 11 with between $50 million and $100 million in assets and liabilities after the city ordered the property closed.

Case Number

9:25-bk-10985

Judge

Ronald A Clifford III

Venue

U.S. Bankruptcy Court for the Central District of California

Capital Structure

Total Liabilities:

between $50 million and $100 million

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Documents

Related Sections

Case Information

Case Title

Laurel Creek, LP, a California limited partnership

Case Number

9:25-bk-10985

Court

California Central

Nature of Suit

Date Filed

July 24, 2025

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