Castle Arch Real Estate Investment Company, LLC
Case #11-35082 JTM (Lead Case)

Affiliated Entities

Case #11-32237 - CAOP Managers, LLC
Case #11-35240 - Castle Arch Opportunity Partners I, LLC
Case #11-35241 - Castle Arch Opportunity Partners II, LLC
Case #11-35242 - Castle Arch Kingman, LLC
Case #11-35246 - Castle Arch Smyrna, LLC
Case #11-35243 - Castle Arch Secured Development Fund, LLC
(Jointly Administered)


URGENT UPDATE

REMAINING TOOELE REAL PROPERTY AND WATER RIGHTS AUCTION – The Trustee has engaged Statewide Auction Company to auction the remaining Tooele Real Property (Over 260 acres consisting of 4 parcels) and a Water Right of 16 Acre Feet.

Auction Date/Time: Tuesday, March 13th at 12:00 Noon
Location: Statewide Auction Company’s Facility – 200 North 1000 West, Salt Lake City, Utah 84116 (Utah State Fairpark)

Visit StatewideAuctionCo.com for complete bidder terms, property descriptions and other information.


Assets

The Trustee is currently investigating the assets and ownership issues of Castle Arch Real Estate Investment Company, LLC and its related affiliates, and will provide additional information about such assets as it becomes available.

On June 18, 2012, the Trustee engaged and subsequently submitted a motion to the Bankruptcy Court to employ Commerce Real Estate Solutions ("Commerce") as its real estate broker to sell certain real property and water rights owned by CAREIC and/or its related affiliates. The Bankruptcy Court issued an Order approving the employment of Commerce on July 25, 2012. The identified real property to be sold include approximately: (a) 348 acres in Tooele, Utah; (b) 534 acres in Kingman, Arizona; (c) 484 acres in Smyrna, Tennessee; and 39 acres in Thayne, Wyoming.

Dell Nichols Commercial Real Estate LLC

Dell Nichols Commercial Real Estate LLC have been marketing the various properties and have worked with numerous potential buyers. Their marketing efforts continue. Parties with interest should contact Dell Nichols at (801) 502-9543. Below is the property listing for the remaining property.

The information contained on this page is provided for informational purposes only. This page does not purport to include all Trustee-related information relating to the Castle Arch bankruptcy cases which may affect your legal rights. The information on this page is subject to change without notice, and the accuracy of the information is not guaranteed. You are not justified in relying on any of the information provided on this page. You should immediately consult competent professionals (a) to determine your rights and obligations, (b) to identify hearings and deadlines that may affect your rights or obligations, (c) to independently verify all dates and deadlines that may affect your rights and obligations, and (d) to protect your rights and to preserve your rights in the Castle Arch bankruptcy cases.

Last Updated 2/11/2018 10:06:27 AM