Worcester’s Mercantile Center Developer Files for Bankruptcy
The developer of Worcester’s Mercantile Center has filed for Chapter 7 bankruptcy, listing nearly $1.7 million in debts from lenders, investors and other sources.
The developer of Worcester’s Mercantile Center has filed for Chapter 7 bankruptcy, listing nearly $1.7 million in debts from lenders, investors and other sources.
A trustee is asking a federal bankruptcy judge to allow an approved development site in Boston’s Hyde Park neighborhood that’s been stalled since the COVID-19 pandemic to be abandoned.
A trustee asked a federal bankruptcy court to appoint brokerage Cushman & Wakefield to market an approved Readville multifamily development that’s been stalled since 2020.