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Manor House

The firm represents the managing member of a group of investors who own and operate a senior and assisted living facility through a tenancy-in-common, lease, and master lease structure. David Lokting and Ben Leedy helped the client and the ownership group acquire the property from the bankruptcy estate of the prior operator, refinance the property, complete construction of the facility through a debt restructure of 20+ lien claimants, recapitalize the equity for the project and restructure the operations of the facility for expansion of services and eventual sale.