Fishers building owner seeks bankruptcy reorganization

May 30, 2012

Lantern Partners LLC, the company that owns a Fishers office building formerly occupied by the failed Irwin Mortgage Corp., is seeking to reorganize under bankruptcy protection.

The firm listed debts and assets of $10 million to $50 million in federal court documents filed on Friday. Its largest creditor, GE Commercial Finance Business Property Corp., is owed nearly $11.4 million.

Lantern owns the 125,000-square-foot Freedom Mortgage Building at 10500 Kincaid Drive, which was leased to Irwin Mortgage until its parent, Columbus-based Irwin Financial Corp., went bankrupt in 2009.

Cincinnati-based First Financial Bancorp acquired Irwin Financial’s banking operations.

With 450 employees, Irwin Mortgage was one of the area’s largest financial services companies.


Recent Articles by IBJ Staff

Comments powered by Disqus