Assets of Texas Nursing Facility, LLC
Listing Information
Assets of Texas Nursing Facility, LLC
Price: $16,100,000.00
Created: 04/08/2014
Category: Business Property > All Assets or Going Concerns > Health Care Equipment & Services
Sale Date: Wed. Apr 16, 2014
Primary Office Location: TX
Debtor's Attorney
500 N. Akard Street, Ste. 3800
Dallas, TX 75201
214-855-7573
Case Title: Mason Coppell OP, LLC
Court: Texas Northern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of Substantially All Assets of Mason Coppell OP, LLC. The Assets are described as below:
(i) Facility Assets: The “Facility Assets” shall mean interests of the Operating Seller's in all of their inventory, fixtures, furniture, equipment, vehicles, software and certain intangible assets, including books and records pertaining to the facilities’ operations and patient care, and, to the extent transferable, all licenses, permits and certifications of the Facilities.
(ii) Estrella Real Estate: The “Estrella Real Estate” shall mean the fee title to the land, and the building, appurtenances, fixtures and equipment comprising the Estrella Oaks facility collectively described and referenced as the “Premises” in that certain Lease Agreement dated June 19, 2013 between Mason Georgetown and Mason RealCo.
The Purchase Price is (i) $12.1 million for the Estrella Real Estate, and (ii) $4.0 million for the Facilities.