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Assets of Texas Nursing Facility, LLC

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Listing Information

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Assets of Texas Nursing Facility, LLC



Price: $16,100,000.00


Other Item Info
Item #: txnbke_412055
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
Seller Info
Joe E. Marshall
Debtor's Attorney
500 N. Akard Street, Ste. 3800
Dallas, TX 75201
214-855-7573
Bankruptcy Info
Case #: 3:14-bk-31327
Case Title: Mason Coppell OP, LLC
Court: Texas Northern Bankruptcy Court
Chapter: 11
View Case Docket

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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.


Additional Details

  1. Sale Hearing Time: 1:30 p.m.
  2. Proposal Deadline - April 11, 2014 @5:00 p.m.


Other Information

Terms and Conditions:

See attached.


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