This is a UCC Foreclosure Auction sale of an indirect minority interest in a residential development in Bloomsbury VA. The property to be sold consists of 100% equity/membership interests in BLOOMSBURY DEVELOPMENT, LLC, a Virginia limited liability company ("BD") formerly known as Tri-State Development Companies, LLC. BD owns (indirectly) a 16 and 2/3% interest in TRI-STATE COMMUNITIES, LLC, a Virginia limited liability company whose principal asset is a fee interest in the ongoing residential development project known as “Chain Bridge Estates”.
For more about Chain Bridge Estates, see brochure posted on the Auction Advisors website and the following link: public website for the project: https://chainbridgeestates.com/ For more information about the auction see the Auction Advisors website: https://auctionadvisors.com/property-details/property_399/
Auction via Zoom at 3PM ET on March 11, 2026; Qualifying Bids due by 12Noon ET on March 9, 2026.