Edgemere gets extension of plan filing deadline under DIP order

By Sarah Lizee

Olympia, Wash., July 18 – Northwest Senior Housing Corp., which does business as Edgemere Dallas, received an extension of the plan filing deadline under the order approving its $10.1 million debtor-in-possession term loan facility with bond trustee UMB Bank, NA, according to court documents filed Monday with the U.S. Bankruptcy Court for the Northern District of Texas.

The company now has until July 22 to file a plan, pushed back from July 13.

The facility is set to mature on Dec. 31, as previously reported.

Interest is 10% per annum.

The Dallas-based luxury senior living community filed Chapter 11 bankruptcy on April 14 under case number 22-30659.

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