Minnetonka-based Opus Group announced Wednesday afternoon that Opus East, LLC, and Opus West Corp. will file bankruptcy “to facilitate orderly liquidation of their respective portfolios.” Opus East, ...

A second regional operating company of Minnetonka-based Opus Corp. filed a bankruptcy petition Wednesday, and the beleaguered developer said a third division will file for bankruptcy later this month.

Phoenix-based Opus West Corp., which owns numerous high-profile office, residential and retail developments in the East Valley, will file for Chapter 11 bankruptcy reorganization in early July, the ...

A second regional operating company of Minnetonka-based Opus Corp. filed a bankruptcy petition Wednesday, and the beleaguered developer said a third division will file for bankruptcy later this month.

The move to liquidate and restructure through the courts was a result of severe declines in property values and continuing market instability. "Declining real estate values and tight credit markets ...

Opus West, the largest regional operating unit of Minnetonka-based Opus Group, is weighing restructuring options, which could include bankruptcy. “It’s a very fluid situation,” said Winston Hewett, ...

Commercial developer The Opus Group-owned by the Rauenhorst family-is reportedly picking up development again, although on a far smaller scale than during its peak, according to a report in The Wall ...

Developer Opus West announced two sprawling office projects Monday bordering Loop 101 and Via de Ventura that, when completed, could house an employment center of more than 8,000 people. The developer ...

Phoenix-based Opus West Corp., one of Orange County’s largest commercial developers the past decade, confirmed on Wednesday that the company would soon be filing for Chapter 11 bankruptcy protection.