Monday, December 23, 2024

4 Bob Dean nursing home properties have been sold to a rehab and mental health company

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Dean’s lender, Capital Funding Group, eventually filed for foreclosure, and in January 2022, the U.S. Marshall Service seized the four properties.

In October 2023, a series of LLCs affiliated with Hickory purchased the properties with the help of a $33.5 million loan from Capital Funding Group, according to public records.

The LLCs share the same Indianapolis address as Hickory Recovery Group and list Moshe Orlinsky as their manager.

It’s unclear what relationship Hickory has with Orlinsky who, according to news reports, is CEO of Chosen Healthcare, which owns and operates nursing homes and rehab centers.

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