Forest Park hospital sold in foreclosure auctionForest Park hospital sold in foreclosure auctionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=124182016-03-08T06:00:00Z2016-03-08T18:00:00Z

​SAN ANTONIO – Forest Park Medical Center’s local hospital is now owned by a subsidiary of Texas Capital Bank following a foreclosure auction last Tuesday.

George Roddy, CEO of the Foreclosure Listing Service, confirmed the winning bid of $58.2 million, about $10 million less than Forest Park’s owner owed on the property.

The bid was also more than $30 million less than the 150,000-sf, 54-bed hospital’s appraised value of $94 million.

TCB/Marina del Sol bought the property at 5510 Presidio Pkwy.

Dallas/Fort Worth Healthcare Daily
San Antonio-New Braunfels
http://healthcare.dmagazine.com/2016/03/03/forest-parks-san-antonio-hospital-sold-in-foreclosure-auction/Read more at {Source}

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