Massachusetts REIT Files for Bankruptcy in SDTX
Citing $2.5 billion in liabilities, Office Properties Income Trust and 75 of its affiliated operations — including two in Plano — filed for Chapter 11 bankruptcy protection Oct. 30 in the Southern District of Texas. OPI, a real estate investment trust headquartered in Newton, Massachusetts, has hired Latham & Watkins and Hunton Andrews Kurth as its bankruptcy legal advisors, Alix Partners as its restructuring advisor and Moelis & Company as its investment banker.



