@PiyushA888@kevinxu If there's a will there's a way. Some compare themselves to others and feel victim to their circumstances. Some look at the success of others as an opportunity to think bigger and expand their realm of possibilities.
๐จ 2235 Castor LLC files for chapter 11 to halt Philadelphia industrial site sale
2235 CASTOR LLC
๐ Assets: $10M-$50M | Liabilities: $10M-$50M | Creditors: 1-49 | Industry: Lessors of Nonresidential Buildings | District: Southern District of New York, White Plains Division
Chapter 11 โ Filing Summary
_____________________________________________
Southern District of New York, White Plains Division โข June 1, 2026
2235 Castor LLC, a Philadelphia, PA-based lessor of nonresidential buildings, filed for chapter 11 protection on June 1, 2026, in the Southern District of New York, White Plains Division.
The company currently manages a 190,536-square-foot industrial facility located at 2235 Castor Avenue in Philadelphia. The bankruptcy filing serves as an emergency measure to stay a sheriff's sale scheduled for June 2, 2026, following a $17 million judgment entered against the entity. The property recently underwent $3 million in capital improvements and was being marketed for lease with infrastructure including 14 loading docks and 15-foot clear heights.
Key Details
_____________________________________________
โ 190,536 square feet of total industrial space in 2026 [Source: LoopNet (2026)]
โ $3 million invested in capital improvements as of 2026 [Source: LoopNet (2026)]
โ $5.50 per square foot annual asking rental rate in 2026 [Source: LoopNet (2026)]
โ 14 loading docks and 15-foot clear heights at the facility in 2026 [Source: LoopNet (2026)]
Lessors of Nonresidential Buildings: NAICS 531120 โ Establishments primarily engaged in acting as lessors of buildings that are not used as residences or dwellings. The company owns and leases a large-scale industrial facility in Philadelphia.
โ๏ธ Professionals
_____________________________________________
Debtor's Counsel: Bronson Law Offices PC
#Bankruptcy #Chapter11 #LessorsOfNonresidentialBuildings
*Data from court filings & verified sources. All sources should require independent verification. Not financial advice.
https://t.co/viD2m443Sh
๏ฟฝ๏ฟฝ๏ฟฝ๏ฟฝ Tegethoff Development files for chapter 11 amid investor litigation
TEGETHOFF DEVELOPMENT, LLC
๐ Assets: $50M-$100M | Liabilities: $500M-$1B | Creditors: 1-49 | Industry: Real Estate Development (Multi-family & Mixed-use) | District: Eastern District of Missouri
Chapter 11 โ Filing Summary
_____________________________________________
Eastern District of Missouri โข June 1, 2026
Tegethoff Development, LLC, a Saint Louis, MO-based real estate development company, filed for chapter 11 protection on June 1, 2026 in the Eastern District of Missouri.
As of June 2026, the company is under court supervision following allegations of securities fraud and breach of contract involving the diversion of investor funds. The firmโs current portfolio includes the $495M Oasis at Lakeport mixed-use project in Osage Beach and the Old Hickory Village development in St. Peters, Missouri.
Historically, the firm focused on developing trophy multi-family assets in the St. Louis region using a long-term ownership strategy before expanding into larger-scale resort and amusement park projects.
Key Details
_____________________________________________
โ $743M estimated active project portfolio value in 2025 [Source: The Lake Sun (2025)]
โ 11 employees as of January 2026 [Source: Canvas Wealth Advisors LLC (2026)]
โ 3 states of regional operational presence including Missouri, Indiana, and Wisconsin in 2026 [Source: Indianapolis Business Journal (2026)]
โ $495M valuation for the Oasis at Lakeport mixed-use project in 2026 [Source: The Lake Sun (2026)]
Real Estate Development (Multi-family & Mixed-use): NAICS 237210 โ Land Subdivision. The company engages in the acquisition and development of large-scale residential and mixed-use resort properties.
โ๏ธ Professionals
_____________________________________________
Debtor's Counsel: Carmody MacDonald P.C.
#Bankruptcy #Chapter11 #RealEstate
*Data from court filings & verified sources. All sources should require independent verification. Not financial advice.
https://t.co/mB1jjDyhDF
"Another Austin hotel is headed to the auction block, adding to a growing list of downtown properties facing financial distress."
The Hyatt Centric hotel at 721 Congress Ave. in downtown Austin heads to foreclosure auction at the Travis County Courthouse on Tuesday, June 2.
246-units Opened 2023
#commercialrealestate
https://t.co/6khscpdvX0
@Jacob_Naviaux Most can make money in real estate. Most can't make money in stocks. The ones that do make real estate look like childs play in comparative earnings.
$MU more extreme deviation than $SNDK. Would like to see a couple sessions with relentless bid to the upside with obvious RVOL spike to setup the A+ short. Assuming that happens will wait for the downside break through Vwap, retest, and fail or break of low of day. At the end of the day it's gotta go red to be foreal!
The amount of times I've inquired about listed real estate and have not received a phone call, text, or email within 24hrs is incredible to me. 24 hrs is standard business practice. The best brokers respond almost immediately at least with a text if they are tied up to schedule a call. Lot of opportunity out there for the hungry and assertive
Hate to say it as an IBKR user but the platform is the absolute worst of any of the major retail brokers for active trading. Clunky and not intuitive. IBKR has great access to virtually all financial products and international markets but wish they would invest more time or energy on the platform itself. Looks like im not the only one who feels this way.
@GUS_player_C coming from prop world years of stats have most traders performing best initiating positions within the 9:30-11am window. this is consistent with my personal stats as well. there are exceptions of course
Reminiscences of a Stock Operator quote of the day:
People don't seem to grasp easily the fundamentals of stock trading. I have often said that to buy on a rising market is the most comfortable way of buying stocks. Now, the point is not so much to buy as cheap as possible or go short at top prices, but to buy or sell at the right time. When I am bearish and I sell a stock, each sale must be at a lower level than the previous sale. When I am buying, the reverse is true. I must buy on a rising scale. I don't buy long stock on a scale down, I buy on a scale up.
๐บ๐ธ Florida is putting wireless EV chargers inside the highway itself.
Drive over it, get charged, no more anxiety issues.
If this scales nationally, the last real argument against EVs just disappears.
@Crowded_Mkt_Rpt Normal people with real jobs = investor. ADHD dopamine addict who cant hold a real job = day trader. ADD dopamine addict but has a real job = swing trader