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Mercedes Homes files for Chapter 11 bankruptcy

Mercedes Homes filed for Chapter 11 bankruptcy Monday in the US Bankruptcy Court in West Palm Beach.  Mercedes plans to continue operations while it goes through reorganization. 

Mercedes Homes builds houses in 15 subdivisions (mostly moderate and upscale) in the Jacksonville area including Blue Lake Estates, Durbin Crossing Gold Collection, and Tuscan Oaks.

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Filed under: Jacksonville,

One Response - Comments are closed.

  1. Adria says:

    It’s been around 2 months since Mercedes Homes filed for Chapter 11. The good news is that they are still in reorganization mode; the bad news is that they have not secured a financing package which will facilitate restructuring and their final emergence from bankruptcy. Nonetheless, the bankrupt builder is still selling homes in different regions, including Jacksonville.

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