PE-backed developer files for bankruptcy
Wall Homes, the Warburg Pincus-backed homebuilder, has filed for Chapter 11 bankruptcy protection blaming falling home sales in Texas and the credit squeeze. Warburg Pincus’ eighth buyout fund is owed $42m.
Wall Homes, the Warburg Pincus-backed homebuilder, has filed for Chapter 11 bankruptcy protection blaming falling home sales in Texas and the credit squeeze. Warburg Pincus’ eighth buyout fund is owed $42m.
Copyright PEI Media
Not for publication, email or dissemination