Ch. 11 Checklist: National Realty Investment Advisors LLC


By Rick Archer (June 8, 2022, 8:03 p.m. EDT) — East Coast real estate investment and development firm National Realty Investment Advisors and its affiliates filed for Chapter 11 protection in court on Tuesday. of New Jersey bankruptcies, saying it needed “breathing space” to avoid liquidation due to the loss of investors.

(iStock.com/AndreyPopov)

The New Jersey-based company describes itself as a “vertically integrated real estate investment, management and development firm” focused on developing and renovating residential properties in East Coast urban markets, with projects in New York, Philadelphia, New Jersey and Florida. .

Reasons for Filing for Chapter 11 Protection

Prospect of “disorderly liquidation” due to the withdrawal of funds from investors…

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