Healthcare & Senior Living

Securities and Exchange Commission vs. PDC Capital, et al

Receiver for new skilled nursing facility owned by fraudulent EB-5 investor program. Maintained financial control and supervised management company. Facilitated pending disposition of asset in complex transaction involving assumption of senior HUD debt.

Colorado Bankers Life Insurance Company vs. Avalon AC by the Sea, LLC

Currently serving as receiver for a high mental illness and addiction recovery facility in Malibu. Separated business from prior affiliates, stabilized operations, and improved profitability. Managed litigation.

Sovereign Bank v. Lake Oroville Country Retirement

Serving as receiver for a Continuing Care Retirement Community located in Oroville, CA, which provides independent living with an optional Resident Assistance Program, as well as skilled nursing. Concluded a sale of the community.

GE Healthcare vs. AFE-Foothill

Served as receiver for assisted living facility located in Angels Camp, CA. Concluded a sale of the community

Capmark Finance, Inc. v. Foremost Real Estate I, LLC et al.

Receiver for assisted living facility located in Hesperia, CA.

Overland Financial vs. D. Daniel Scotti, et al

Receiver for troubled assisted living and memory care facility with 200 resident capacity and initial occupancy rate of 50%. Significant issues concerning staffing, operations, administration and marketing. Submitted license application to Department of Social Services. Supported due diligence for sale of the community.

NHP vs. Monarch Healthcare

Receiver for three large assisted living facilities located in Rancho Mirage, Vista, and Chula Vista.

John Hancock Life Insurance Company vs. Seasons at Encino Acquisitions, LLC

Receiver for an 84 unit assisted living facility.

GE Capital vs. Merrill 7, LLC

Federal case from the U.S. District Court in Chicago involving seven assisted living facilities located in Washington, Arizona, Texas, Pennsylvania and South Carolina.

Royal Bank of Scotland vs. Fortuna Assisted Living

Serving as receiver for a 104 unit assisted living facility and memory care facility.

Ventas vs. Merced Senior Living

Receiver for an 83 unit assisted living and memory care facility.

Telesis Credit Union vs. Modesto Capital Resources, et al

Receiver for dementia care assisted living facility in Modesto. Maintained status quo and controlled cash flow pending sale of facility.

General Electric Healthcare Finance vs. Newhall Capital Resources

Receiver for three assisted living facilities located in Beverly Hills and Newhall, California.

General Electric Healthcare Finance vs. La Mesa Capital Resources

Receiver for two assisted living facilities.

GKHB vs. West Anaheim Village

Receiver for a 106 bed assisted living facility which was the subject of an unlawful detainer action. Intensely unstable upon appointment, payroll checks bouncing, employees abandoning, inadequate security, unsuitable residents, conflicting ownership stealing rents, extensive physical and regulatory issues, missing trust funds. Use of Receiver Certificates.

GE Capital vs. Villagecare

Assisted living facility and independent senior living apartment complex. Corrected deficiencies and lender concluded foreclosure and sale simultaneously, thereby avoiding ownership. Submitted RCFE license application to regulators in 16 days. Reconstructed salient books and records in absence of turnover. Effectively neutralized adversarial Defendants.

GMACCM vs. Campus Laguna

Receiver and licensee of Alzheimer’s facility. Prevented diversion of revenue from estate. Extensive operational, financial, regulatory, marketing and personnel issues. Successfully avoided closing, stabilized operations. Human element. Ombudsman states facility is now best Alzheimer’s facility in Orange County.