Home Nursing home Dallas nursing home operator seeks OK for $44 million Ch. 11 Sale

Dallas nursing home operator seeks OK for $44 million Ch. 11 Sale

By Rick Archer (July 15, 2022, 6:55 p.m. EDT) — Dallas-area nonprofit retirement home operator Christian Care Centers Inc. told a Texas bankruptcy judge on Friday that it would ask him to approve the sale of his assets to harassing bidder Horses in his Chapter 11 sale for $44.2 million.

The company told U.S. Bankruptcy Judge Stacey Jernigan that it had canceled an auction scheduled for Thursday and accepted the offer from North Texas Benevolent Holdings LLC, or NTBH, after receiving no other qualified offers by the deadline. July 12 offers.

CCCI, which operates three facilities in the Dallas-Fort Worth area with a total of 760 units, has filed for Chapter…

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