In Re Olde Prairie Block Owner, LLC

AMENDED FINDINGS OF FACT AND CONCLUSIONS OF LAW ON DEBTOR’S MOTION TO ENTER INTO SENIOR SECURED SU-PERPRIORITY DEBTOR-IN-POSSESSION CREDIT FACILITY PURSUANT TO 11 U.S.C. § 364(d) [Docket No. 371]

JACK B. SCHMETTERER, Bankruptcy Judge.

Debtor in this Chapter 11 bankruptcy case has moved under 11 U.S.C. § 364(d) to borrow up to $4 million in exchange for a priming lien on its property. Center-Point Properties Trust (“CenterPoint”), Debtor’s current secured lender, objects. For reasons discussed below, Debtor’s Motion will be granted in part and denied in part. After the original raling on this…