A court in South Dakota approved the transfer of 16 skilled nursing facilities formerly managed by Skyline Healthcare to Cascade Capital Group, the Aberdeen News reported Thursday. The facilities are currently under the temporary management of Black Hills Receiver, which was appointed in May of last year to stabilize 18 SNFs and one assisted living […]
Aberdeen News
Several former Skyline Healthcare properties in South Dakota could soon be transferred from a court-appointed receiver to a new permanent operator, but one lender involved in the case is arguing that it won’t get paid if the deal happens. The Aberdeen News first reported the news late last week. Skyline fell apart financially in South […]