Grand Court II – Chattanooga
Chattanooga, Tennessee
Tutera took over the day-to-day management of
the Grand Court II – Chattanooga, which is a 142 unit independent
living and assisted living
facility located in Chattanooga, Tennessee.
This facility was previously operated by Grand Court Lifestyles, Inc.,
who is currently involved in a
chapter 11 proceeding pending before the
United States Bankruptcy
Court for District of New Jersey. Tutera’s
engagement was arranged by
CRIIMI MAE Services, L.P., as the
subservicer for the first mortgage loan which is the subject of a
foreclosure action.