Forest Park Medical Center declares bankruptcy, slated for sale.
By | March 02, 2016
The Forest Park Medical Center with multiple campuses around the Dallas/Fort Worth area filed for Chapter 11 bankruptcy near the end of 2015.
California-based Sabra Health Care REIT, the largest lender for the Fort Worth and Dallas properties, expects to sell both properties by the end of June.
The Fort Worth campus, which is still operational, will be sold through bankruptcy, and the Dallas campus, now closed, will be sold through foreclosure.
For more about the current state of these hospitals, read “Forest Park Lender Plans To Sell Fort Worth Through Bankruptcy, Dallas Through Foreclosure” by D Magazine.
