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Published on 9/30/2022 in the Prospect News Distressed Debt Daily.

Auraria Student Lofts seeks access to cash collateral through Dec. 31

By Sarah Lizee

Olympia, Wash., Sept. 30 – 5280 Auraria, LLC, which does business as Auraria Student Lofts, is seeking approval to use cash collateral from Oct. 1 through Dec. 31, according to a motion filed with the U.S. Bankruptcy Court for the District of Colorado.

Fortress Credit Corp. unit DB Auraria LLC has asserted an interest in the cash collateral under a prepetition assignment of rents.

The San Clemente, Calif.-based company provides student housing in Denver. The company filed bankruptcy on June 9 under Chapter 11 case number 22-12059.


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