In the Matter of Woodbrook Associates, Debtor-Appellant

U.S. Court of Appeals, Seventh Circuit · Decided 1994-05-12

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ZAGEL, District Judge. Woodbrook Associates (“Woodbrook”), is an Indiana real estate limited partnership whose sole asset is the Woodbrook Apart- *315 mente constructed in 1980 in Indianapolis. The apartment complex was primarily funded by a first mortgage loan of $5,559,700.00, at 7.5%, insured by…

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