Share This Profile
Share this profile on Facebook.
Link to this profile on LinkedIn.
Tweet this profile on Twitter.
Email a link to this profile.
See other services through which you can share this profile.
This profile was last updated on 7/6/14  and contains information from public web pages and contributions from the ZoomInfo community.

Michael E. Dilworth

Wrong Michael E. Dilworth?

Cos. Principal

Phone: (414) ***-****  HQ Phone
Email: m***@***.com
Ener-Con Companies Inc
8575 W. Forest Home Avenue Suite 160
Greenfield, Wisconsin 53228
United States

Company Description: Ener-Con Companies, Inc., has developed approximately 3500 units, currently manages 800+ apartment and condominium units, approximately 300,000 square feet of...   more
Background

Employment History

Board Memberships and Affiliations

  • Founder
    Six Points East LLC
16 Total References
Web References
The property includes the vacant lakeside ...
www.bizjournals.com, 6 July 2014 [cached]
The property includes the vacant lakeside land where DJ's Bar & Grill formerly stood, and two neighboring houses owned by Ener-Con Cos. principal Michael Dilworth.
Nov. 30, 2009 11:44 a.m. | ...
www.jsonline.com, 30 Nov 2009 [cached]
Nov. 30, 2009 11:44 a.m. | Michael Dilworth, president of Greenfield-based development firm Ener-Con Cos., has taken control of the financially troubled Six Points East, a 42-unit condominium development in West Allis.
...
White's judgment was issued on behalf of Six Points East LLC, an investment group formed by Dilworth that bought the development's mortgage from Equitable Bank in October, according to court records.
...
Mike E. - Eagle, WI
Chapter 11 filed by Wisconsin developer, ...
www.kerkmandunn.com [cached]
Chapter 11 filed by Wisconsin developer, Michael Dilworth
On behalf of Kerkman & Dunn posted in Chapter 11 on Friday, November 15, 2013.
A prominent real estate developer in Milwaukee, Wisconsin, has filed for Chapter 11 bankruptcy protection. Michael Dilworth, who is the president of Ener-Con Cos, has been responsible for the redevelopment of commercial buildings and condos in Milwaukee. However, when BMO Harris Bank refused to extend business loans that were close to expiring, the Chapter 11 bankruptcy was filed.
According to the bankruptcy filing, Dilworth has up to $105.1 million in liabilities, but assets of only $32.7 million. The reorganization effort by Dilworth is not expected to affect some developments in progress, such as the Greenfield Highlands condos. In addition, Ener-Con Cos and other businesses that Dilworth owns or operates are not listed in the Chapter 11 filing.
Many developers in the Milwaukee area have run into the same problem when it comes to attempting to restructure their bank loans. Regulators have pressured the banks to re-evaluate loan restructuring because of the significant drop in property values due to the recession.
BMO Harris acquired Dilworth's loans from Marshall & Ilsley Bank after purchasing the troubled bank. Dilworth has spent the last couple of years trying to get the loans restructured, but to no avail.
Apparently, Dilworth is not done with BMO Harris, though.
...
Hudson has petitioned the court to allow them a right to pursue collection efforts against Dilworth. These actions are delayed automatically, though, during bankruptcy in order to give debtors a chance to reorganize. Hudson claims that Dilworth "acted in bad faith" when he transferred collateral before the bankruptcy. Dilworth denies the allegations.
Chapter 11 bankruptcy help businesses reorganize and come out of bankruptcy strong and ready to move forward. There is little doubt this is the plan after Dilworth's bankruptcy; however, he could face additional issues over the above loans.
Source: jsonline.com, "Milwaukee-area developer Michael Dilworth files for Chapter 11" Tom Daykin, Nov. 09, 2013
Chapter 11 filed by Wisconsin developer, ...
www.kerkmandunn.com [cached]
Chapter 11 filed by Wisconsin developer, Michael Dilworth
On behalf of Kerkman & Dunn posted in Chapter 11 on Friday, November 15, 2013.
A prominent real estate developer in Milwaukee, Wisconsin, has filed for Chapter 11 bankruptcy protection. Michael Dilworth, who is the president of Ener-Con Cos, has been responsible for the redevelopment of commercial buildings and condos in Milwaukee.
CLSC is led by Michael ...
www.jsonline.com [cached]
CLSC is led by Michael Dilworth, president of Greenfield-based development firm Ener-Con Cos.
Other People with the name "Dilworth":
Other ZoomInfo Searches
Accelerate your business with the industry's most comprehensive profiles on business people and companies.
Find business contacts by city, industry and title. Our B2B directory has just-verified and in-depth profiles, plus the market's top tools for searching, targeting and tracking.
Atlanta | Boston | Chicago | Houston | Los Angeles | New York
Browse ZoomInfo's business people directory. Our professional profiles include verified contact information, biography, work history, affiliations and more.
Browse ZoomInfo's company directory. Our company profiles include corporate background information, detailed descriptions, and links to comprehensive employee profiles with verified contact information.