A bankruptcy filing halted the auction of The Residences at Dennison Triangle in Framingham, as owner David Depietri filed for Chapter 11 on behalf of Framingham 4 Bishop LLC.

The Dennison building, a five-story converted paper mill, was renovated into an 84-unit luxury condominium building with seven units sold thus far. The auction listing at Paul E. Saperstein & Co. appraisers’ Web site noted that "a significant amount" of the other units have been rented or leased.

Bankruptcy attorney Harold B. Murphy of Boston’s Hanify & King says the development’s original $20 million construction loan is the object of the filing. The construction loan on the property came due in February 2007, but was never refinanced into a mortgage. After a construction loan matures, owners typically convert into a building mortgage loan, says attorney Peter McGlynn of Bernkopf Goodman in Boston, which is not connected to the case.

In this case, the lender – Amalgamated Bank of New York City – and the developer increased the loan by several million dollars in May 2007, without apparently converting it.

Murphy referred questions on the particulars of the bankruptcy to Depietri, who did not return a call for comment before publication. Another Depietri company, an LLC that owns a Framingham parking garage, has also filed for bankruptcy, Murphy said. Other creditors on the condo loan include The Boston Globe, which is owed $25,000, as well as The Hanover insurance company and NStar Electric, among others.

Depietri’s name has also recently popped up in other bankruptcy filings; as principal of 219 Forest St. and 201 Forest St. in Marlborough, he and the company’s co-owners won a July ruling against lender LBM Financial for a series of loans regarding those properties.