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MSR Hotels sees $21,764 December net loss; rental income up slightly
By Lisa Kerner
Charlotte, N.C., Jan. 16 - MSR Hotels & Resorts, Inc. reported a $21,764 net loss for December on negative $119,610 of rental income, according to its monthly operating report filed Jan. 16 with the U.S. Bankruptcy Court for the Southern District of New York.
In comparison, MSR posted a $23,439 net loss for November on negative $120,841 of rental income.
The company had $225,513 in cash and cash equivalents as of Dec. 31, down from $232,233 at the end of November.
MSR Hotels, a New York-based real estate investment trust, filed for bankruptcy on May 8, 2013. Its Chapter 11 case number is 13-11512.
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