Knowledge Center

Heritage Building Group

In Chapter 11 since Jan 20, 2009
(District of New Jersey)

Heritage Highgate, Inc and Heritage-Twin Ponds, II LP (related to Heritage Homes Group) own and develop a residential subdivision in Lehigh County. Prior to bankruptcy, they have delivered 101 units of a 411-unit subdivision, with sales pending for 35 units. Heritage Residential at Wilton’s Corner own and develop a residential subdivision in Sicklerville, NJ. Prior to bankruptcy, they have delivered 104 units of a 195 unit Subdivision, with sales pending for 12 units.


Heritage Building Group, Research Report (May 20 2009)
The Main Research Report, updated as of May 20, 2009, covers 2 main issues:

  • The situation regarding home sales by the distressed entities of the Heritage Building Group (lot number, purchase price and closing date of recent and anticipated sales).
  • The builder’s financial position and recent developments in bankruptcy.

A Financial Details Supplement containing the 3 most recent monthly operating reports and financial statements in bankruptcy (annotated with analysis), which provides more details on the financial position of the builder. 236 pages.

Report Types


Heritage Building Group, Research Report (Jan 30 2009)
Highlights from the Heritage properties bankruptcy filings - treatment of deposits and warranties, proposed ongoing sales and bank exposures. 6 pages.
>> View Free Sample Report


Heritage Building Group, Research Report— Addendum (Jan 30 2009)
Excerpts from filings - cash flow budgets and sales projections submitted by Heritage Highgate and Heritage Residential, in support of cash collateral motions. 24 pages.
>> $54.99


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