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Auraria Student Lofts reports $111,843 net loss for December
By Sarah Lizee
Olympia, Wash., Jan. 24 – 5280 Auraria, LLC, which does business as Auraria Student Lofts, reported a $111,843 net loss for December on $291,267 of income or sales, according to its monthly operating report filed with the U.S. Bankruptcy Court for the District of Colorado.
To compare, the company reported a $195,240 net profit for November on $289,152 of income or sales.
The cash balance at the end of December was $887,351, up from $660,521 at the end of November.
The San Clemente, Calif.-based company provides student housing in Denver. The company filed bankruptcy on June 9, 2022 under Chapter 11 case number 22-12059.
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