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Tarragon records $3.85 million January net loss
By Caroline Salls
Pittsburgh, March 16 - Tarragon Corp. reported a $3.85 million net loss for the month ended Jan. 31 on $20,467 in total revenues, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the District of New Jersey.
The company had $10.93 million in cash and cash equivalents at Jan. 31.
Tarragon, a New York homebuilder, filed for bankruptcy on Jan. 12. Its Chapter 11 case number is 09-10555.
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