Carmel Medical Office Building LLC filed for bankruptcy after failing to find a buyer, the Indianapolis Business Journal reports.
What you should know:
1. The two-story building houses Beltway Surgical Center, which occupies the first floor. The second floor sits vacant.
2. Company president attempted to sell the building in 2018, receiving two offers from Global Medical REIT and CCI Beltway 106th LLC, but both sales fell through.
3. The company filed for chapter 11 bankruptcy May 15. Chapter 11 bankruptcy allows the company to keep its business and pay creditors over time.