A pair of apartment complexes in the North Aurora neighborhood, one of which was briefly overseen by a receiver last year, have filed for bankruptcy.
Each of the buildings, at 1592 Boston St. and 1960 Dallas St., a half mile apart, has 32 units. They’re both owned by LLCs managed by Shaul Gabbay, according to bankruptcy filings.
The two LLCS — 1592 Boston Street LLC and 1960 Dallas Street LLC — filed for Chapter 11 on Jan. 9.
The Boston Street property is valued by Adams County at $4.3 million and owes $3 million on a loan from U.S. Bank. Filings show its revenue fell 22% last year, from $549,000 in 2024 to $426,000 in 2025.
The Dallas Street property, meanwhile, is valued by the county at $4.1 million but owes more than that —…