posted by Joe Polk at 1:27 AM /
Concordia Lutheran Ministries appears to be a better prospect to own and manage the Covenant at South Hills than a for-profit group that bid $17 million for the bankrupt retirement community in Mt. Lebanon, some residents said Friday.
A creditors' committee that represents elderly residents in about 90 apartments at the Covenant issued a statement yesterday, questioning whether the Fox family, which runs a retirement community in Chester, W.Va., will be able to line up financing to buy Covenant.
Link: www.pittsburghlive.com/x/pittsburghtrib/business/s_637357.html
A creditors' committee that represents elderly residents in about 90 apartments at the Covenant issued a statement yesterday, questioning whether the Fox family, which runs a retirement community in Chester, W.Va., will be able to line up financing to buy Covenant.
Link: www.pittsburghlive.com/x/pittsburghtrib/business/s_637357.html
Labels: bankruptcy, covenant at south hills
0 Comments:
Post a Comment
<< Home