Bank set to foreclose on assisted living facility

legalHOUSTON: A bank is attempting to foreclose on an assisted living facility. Documents have been filed with a Court requesting the foreclosure.

The plaintiff has also filed a separate complaint requesting the foreclosure of an apartment building owned by the same respondent. Five mortgages were taken out, states the complaint. All loans are guaranteed by a foundation…

Full story covered in the Seniors Housing & Healthcare Trends.