January 04, 2024
A Pennsylvania federal court tapped a receiver to oversee operations at a senior living facility in the state at Deutsche Bank Trust Co.'s request amid a loan default dispute, expressing little faith in the borrower's ability to keep the company afloat.
January 02, 2024
A Pennsylvania federal judge gave Deutsche Bank Trust Co. Americas a win in its action against a senior living company for defaulting on a $12.5 million mortgage loan, saying the borrower twice violated the agreement by failing to make required payments and by transferring interest in the property to another lender.
December 04, 2023
Deutsche Bank Trust Company Americas urged a Pennsylvania federal court to grant it an early win in its mortgage foreclosure suit against a Virginia senior living company that allegedly failed to keep up its payments for a $12.55 million commercial mortgage loan.
April 14, 2023
Deutsche Bank on Friday sued a Virginia-based senior living company in Pennsylvania federal court for allegedly defaulting on a $12.55 million mortgage loan.