Somerset Properties SPE, LLC

UNITED STATES BANKRUPTCY COURT
EASTERN DISTRICT OF NORTH CAROLINA
RALEIGH DIVISION
IN RE:
SOMERSET PROPERTIES, SPE, LLC
DEBTOR
CASE NO.
10-09210-8-SWH
SUPPLEMENTAL ORDER REGARDING VALUATION
On September 19, 2011, this court entered an order requiring the parties to recalculate the
discounted cash flow analysis contained in the appraisal of Mr. Chris R. Morris, incorporating
additions to expenses as directed by the court. The court has been jointly advised by the parties that
the resulting value for the subject property, consisting of “Somerset Park” and “Somerset Center and
Place” in Raleigh, North Carolina, is $24,348,000.
It is therefore ordered that the value of the subject property is $24,348,000.
SO ORDERED.
END OF DOCUMENT
SO ORDERED.
SIGNED this 27 day of September, 2011.
________________________________________
Stephani W. Humrickhouse
United States Bankruptcy Judge
____________________________________________________________
Case 10-09210-8-SWH Doc 350 Filed 09/27/11 Entered 09/27/11 16:29:31 Page 1 of 1