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December 2022

CCRC Completes Sale to Allure Healthcare Services

United States - Illinois

A 192-unit nonprofit, entrance fee, life continuing care retirement community (CCRC) in Mt. Morris, Illinois, came to Faegre Drinker for legal counsel in its sale to Allure Healthcare Services. Faegre Drinker provided subsequent representation of the assignee-trustee in an Assignment for the Benefit of Creditors, post-sale.