The Dallas luxury continuing care facility may have a new owner by Jan. 10, when a confirmation hearing is scheduled.
that includes a sale of the luxury Dallas retirement community’s assets, its lawyer said in federal bankruptcy court Tuesday.
to a new owner that would continue operating the 1.55 million-square-foot facility built on land wedged between Preston Hollow and University Park. Current and new residents would be offered new monthly rental agreements, doing away with the business model that required large upfront entrance fees. Edgemere’s previous recovery plan had Lifespace contributing $20 million. Lifespace, based in Dallas and West Des Moines, Iowa, is a not-for-profit that operates 17 communities in seven states and reported revenue of $282 million in 2020, the last year its tax filings are available.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dallas Baptist names Stephen Mansfield as dean for its college of business - Dallas Business JournalMansfield served as president and CEO of Methodist Health System in Dallas from 2006 to 2019. During his tenure, the $2 billion nonprofit tripled in size and was listed as one of the fastest-growing health care companies in the country.
Read more »
Dallas Baptist names Stephen Mansfield as dean for its college of business - Dallas Business JournalMansfield served as president and CEO of Methodist Health System in Dallas from 2006 to 2019. During his tenure, the $2 billion nonprofit tripled in size and was listed as one of the fastest-growing health care companies in the country.
Read more »
Dallas energy firm EnLink Midstream names new CFO, COO - Dallas Business JournalEnLink Midstream, LLC has promoted Benjamin Lamb to CFO and Walter Pinto to COO. Lamb is succeeding Pablo Mercado in the role.
Read more »
United Way CEO breaks down the 'smart investment' of the organization's work in Dallas - Dallas Business JournalUnited Way of Metropolitan Dallas CEO Jennifer Sampson spoke to the Dallas Business Journal about the evolution of the organization, how it course corrects and her theory on investing in philanthropy.
Read more »
New projects in North Texas for November 24-November 27, 2022 - Dallas Business JournalHere’s a look at the latest new projects registered in North Texas with the Texas Department of Licensing and Regulation, a list of new construction, renovations and alterations in Dallas, Fort Worth and beyond. All projects listed are public records.
Read more »
Tides Equities is staying active in Fort Worth even as multifamily market slows - Dallas Business JournalLos Angeles-based Tides Equities has acquired thousands of multifamily units across Texas. Now, the firm is positioning itself to strike when the market heats back up.
Read more »