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Construction Startup Katerra Approved To Sell Two Divisions in Bankruptcy

SoftBank-Backed Startup's Divisions Include Hundreds of Real Estate Contracts
Katerra is progressing on selling assets. Pictured is a cross-laminated timber project in Washington state that Katerra was involved with prior to its bankruptcy. (Katerra)
Katerra is progressing on selling assets. Pictured is a cross-laminated timber project in Washington state that Katerra was involved with prior to its bankruptcy. (Katerra)
CoStar News
July 9, 2021 | 11:45 P.M.

A bankruptcy judge is giving construction services firm Katerra the green light to sell two of its divisions to private buyers in deals that involve hundreds of real estate contracts for projects and other services spread across dozens of states.

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