A subsidiary of Chinese developer
Hudson 888 Owner LLC, whose business is “single asset real estate,” filed the petition, according to the court document dated Sunday. Its estimated liabilities and assets are both within the range of $100 million to $500 million, the filing shows.
Hudson 888 Owner is a US unit of Xinyuan, according to a document on the SEC website.
Like many distressed Chinese developers, Xinyuan fell into distress in 2022 and ...
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