Home Builders
June 11, 2009 Rolling Mill Hill, Nashville TN
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Rolling Mill Hill condos head into receivership Lenders have seized control of another Nashville condo project. |
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June 4, 2009 - Prospect Homes of Richmond Inc., Richmond VA
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| Prospect Homes of Richmond Inc., one of the area's largest builders, has filed for bankruptcy protection. |  |
June 4, 2009 - The Kirk Corporation, Bolingbrook IL
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| Founded in 1978, The Kirk Corporation, one of the only major builders in the U.S. which is entirely owned by its employees and has built more than 50 neighborhoods throughout Chicagoland filed for bankruptcy. |  |
May 1, 2009 - T.H. Properties, Harleysville PA
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| Homebuilder T.H. Properties files for bankruptcy |  |
March 31, 2009 - Jim Rhodes - Rhodes Design and Development Corp, Las Vegas NV
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Las Vegas developer Jim Rhodes files for bankruptcy Rhodes has been one of Las Vegas’ most successful and controversial developers and home builders. |
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February 20, 2009 - John Laing Homes, Irvine CA
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John Laing Homes files for Chapter 11 |
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February 7, 2009 - Japan General Estate Company, Tokyo Japan
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Condo developer Japan General files for bankruptcy protection Japan General Estate Co. has effectively folded with liabilities of about ¥197.55 billion (approx $2 billion USD) brought on by the global financial turmoil and the deepening slump in the real estate industry. |
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| Facing the music: Japan General Estate Co. President Makoto Nishimaru (center) and two other executives bow in apology Thursday at a press conference in Tokyo after the major condominium developer filed for bankruptcy protection. | |
Feburary 4, 2009 - Versant, Asheville N.C.
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Versant Development in bankruptcy; embezzlement alleged |
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January 28, 2009 - Fulton Homes, Tempe AZ
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| Fulton Homes seeks protection from creditors, files Chapter 11 |
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January 26, 2009 - Mercedes Homes, Melbourne FL
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Mercedes Homes files Chapter 11 The company called itself the No. 20 home builder in the United States and their operations were spread throughout 13 markets. |
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January 25, 2009 - Pond View Village, Gloucester MA
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A Grand Vision Fades Developer of mixed-income housing village files for bankruptcy |
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January 19, 2009 - Wall Homes, Arlington TX
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Arlington-based Wall Homes files for bankruptcy Recently hosted an episode of TV's Extreme Makeover: Home Edition, featuring a house built in a week for a needy family. |
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January 12, 2009 - Tarragon Corporation, New York NY
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Tarragon Files for Chapter 11 as Luxury-Market Bets Sour Real-estate developer Tarragon Corp. filed for Chapter 11 bankruptcy protection Monday amid falling sales and a sharp downturn in the housing market |
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January 9, 2009 - Mosiac Condominium Towers, Houston TX
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Mosaic's developer files Chapter 11 protection The developer of the Mosaic condominium tower on the edge of Hermann Park has filed for bankruptcy protection, averting foreclosure of the 29-story building. |
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December 27, 2008 - Barratt American, Carlsbad CA
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| Carlsbad home builder Barratt American has filed for bankruptcy reorganization, derailed by the housing bust and a dispute with its key lender, Bank of America. |  |
December 24, 2008 - Empyrean International, Acton MA
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| One of the granddaddies of the prefab home business; Empyrean International is boarded up. |  |
December 5, 2008 - Centerpoint Condominiums, Tempe AZ
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| The developer of the stalled Centerpoint condominium towers in downtown Tempe filed for bankruptcy on the project Friday after months of legal wrangling with its construction lender, Mortgages Ltd. |  |
December 2, 2008 - Morimoto Co. Ltd, Tokyo Japan
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Bursting Bubbles Smack Japan's Midsized Developers Morimoto Co., declared bankruptcy Friday, scuttled by $1.7 billion in debt it could not repay. |
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December 2, 2008 - Kimball Hill Homes, Rolling Meadows IL
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Another Home Builder Gone Kimball Hill started building homes in 1939 to help his fellow veterans find the affordable, quality housing they needed. His vision is largely responsible for building the city of Rolling Meadows, Illinois. |
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November 15, 2008 - Land Resource LLC, Orlando FL
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| The developer of a controversial marina community on the Georgia coast near Cumberland Island National Seashore has filed for Chapter 11 bankruptcy protection. |  |
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Update January 4, 2009 |
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| November 13, 2008 - SunCal Marblehead LLC, San Clemente CA | |
SunCal Marblehead LLC Files Bankruptcy Filing Chapter 11 will allow another lender to come in and fund the completion of several outstanding projects at Marblehead Coastal. |
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November 6, 2008 - Village Homes of Colorado, Denver CO
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| Village Homes of Colorado Inc, one of metro Denver’s largest homebuilders filed Chapter 11 bankruptcy reorganization on Nov. 6 |  |
October 28, 2008 - Brown Family Communities, Tempe AZ
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| Brown Family Communities closed its doors Friday after more than three decades in the business |  |
October 15, 2008 - Laketown Wharf, Panama City FL
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| The massive Laketown Wharf project has filed for Chapter 11 |  |
August 4, 2008 - WCI Communities, Bonita Springs FL
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| Icahn-led WCI Communities files for bankruptcy |  |