Dallas, TX
High-end Dallas retirement community under new ownership following bankruptcy proceedings
Dallas luxury senior living community Edgemere is now under new ownership with bankruptcy court-approved buyer Bay 9 Holdings LLC closing its $48.5 million purchase.
The sale concludes over a year of uncertainty for residents since Edgemere filed for bankruptcy in April 2022, leaving families worried about whether they would be refunded entrance deposits, ranging up to $1.4 million and promised to be returned upon moving out or death.
In March 2023, U.S. bankruptcy judge Michelle Larson approved a rescue plan that required Edgemere’s previous owner, Lifespace Communities, to reimburse paid entrance fees to about 300 families. Lifespace said in December 2022 that it intends to reimburse up to $143.4 million in residents’ fees.
“Edgemere is debt-free now, allowing us to return to a financial position that will be as strong as ever,” said executive director John Falldine.
Residents are also pleased with the results of the acquisition.
“Uncertainty is a very difficult thing when it’s where you’re living,” said Paul Radman, a resident and former president of Edgemere’s resident association. “Your whole life is tied up into it. It’s been rather stressful, but everyone is thrilled with the way things resolved.”
Edgemere is now offering rental agreements to residents as an alternative to its continuum of care model that requires sizable entrance fees. Most current residents will pay the same rent prices they were prior to the acquisition and Bay 9 Holdings LLC will honor historical longevity, incentive pricing and other credits for residents.
The community is also under new property management by Long Hill at Edgemere LLC, an affiliate of the not-for-profit United Methodist Homes that has managed more than 100 senior living communities nationwide and seven others in Texas.
“Long Hill is actively meeting with residents, so each resident understands the process and how lifecare discounts will be handled,” Falldine said. “A few residents will have rate adjustments, but we are working on that with each individual resident with the full support of Bay 9.”
Otherwise, much remains the same for residents, including more than 99% of Edgemere’s staff.
“It wasn’t ‘we’re gonna come in and do this, that and the other,’” Radman said of the new ownership. “They’re keeping all the staff in place, and the people here love the staff … from the servers all the way to the executive directors. I mean, you’ve just got a tremendously wonderful group of people working here and the residents are extremely fond of these people. So it’s been a very comforting situation.”
Before bankruptcy, Edgemere had about 315 residents and currently has around 300. With the changes, Edgemere has seen increased interest from potential residents, with more than 15 moving in shortly, Falldine said.
The 1.55-million-square-foot facility has 304 independent living apartments, 113 assisted living suites and 87 nursing beds.
Dallas, TX
Game Day Guide: Stars vs Avalanche | Dallas Stars
First Shift 🏒
As the Stars pass the quarter point in the 2024-25 season, they definitely have some challenges.
After posting back-to-back trips to the Western Conference Final under coach Pete DeBoer and his staff, the start of this year has been uneven. Dallas last season had the best road record in the NHL and the best in franchise history at 26-10-5. This year, Dallas is 5-6-0 away from home and also has an additional “home” loss in Finland. That’s something that has to be addressed.
But, conversely, they are much better at home, going 8-1-0 at American Airlines Center, adding to the realization that this is a completely different season.
So when you compare the two performances, there is a lot to be addressed. Dallas was second best in points percentage last season at .689 and is eighth best this year at .619. The Stars last season were third in scoring at 3.59 goals per game and are eighth this year at 3.38 goals per game. That said, they are still eighth in both categories.
But it doesn’t feel that way.
“This team I don’t think has had a ton of adversity these last two years, and there’s a little bit coming at us right now,” said Duchene after a 6-2 loss in Chicago on Wednesday. “We’ve just got to figure things out and keep working and pushing.”
The Stars’ biggest issue so far has been a lack of power play success. Dallas is 25th in success rate on the man advantage at 16.7 percent after ranking sixth last year at 24.2 percent. They also have surrendered three shorthanded goals after allowing only four all of last season.
“We have to find the balance,” said Johnston. “You can’t panic, you have to stay focused. You just have to outwork the penalty killers. You have five guys, but you still have to work harder than their four.”
The Stars will get the chance to do that with some great tests coming up. Dallas plays host to Colorado on Friday and Winnipeg on Sunday. The Avalanche are starting to get healthy and are 7-2-0 in their past nine games. Winnipeg is leading the NHL at 18-5-0. After winning the Central Division last season, Dallas currently ranks third.
That said, this is a strange season. Because the league will shut down for the Four Nations Faceoff in February, and because the Stars took a week to go to Finland, the schedule is condensed. As a result, the players and coaches have to adjust. Even so, many good teams have had challenges this year too, and that’s part of the game.
“You look around the league and we’re not the only team going through something like this,” DeBoer said. “You have to dig in and stick together and get your foundation back and play better hockey.”
Dallas, TX
New York Giants Fall to Dallas Cowboys, 27-20 on Thanksgiving
The New York Giants’ dreadful 2024 season continued with a 27-20 to the Dallas Cowboys on Thanksgiving. It was the Giants’ seventh-straight loss this season and their eighth-consecutive defeat at the hands of the Cowboys, dating back to the 2020 season.
The Cowboys benefitted from two Giants turnovers, including a pick-6 by DeMarvion Overshown in the second quarter he returned 23 yards to give the Cowboys a 13-7 lead, the Cowboys at that point never relinquishing the lead.
The other came following a Giants fumble in the second half, which the Cowboys converted into another touchdown to cap a six-play scoring drive.
The game started well, as the Giants held the Cowboys to just a field goal after their first possession. The Giants offense took the field with Drew Lock under center for the injured Tommy DeVito.
Lock was under pressure practically half the game, the Cowboys hitting him 14 times and sacking him six. The Giants also had just as many penalties in this game (13) as they did first downs (17), and their defense once again couldn’t stop the run if they tried, with missed tackles–at least 10 of them in the first half alone–an ongoing problem.
Cowboys running back Rico Dowdle captured his first career 100+ yard rushing game, going for 112 yards and one touchdown against the Giants, who saw three defensive linemen–D.J. Davidson (shoulder), Rakeem Nunez-Roches (stinger) and Dexter Lawrence II (elbow)–leave the game with injuries.
Cowboys quarterback Cooper Rush finished 21 of 36 for 195 yards and one touchdown, his leading receiver being tight end Luke Schoonmaker (five catches on six pass targets).
Lock and running back Tyrone Tracy, Jr. scored the Giants’ two touchdowns, TRacy’s coming on a 1-yard run on the Giants’ opening drive to give them their first lead in a game since Week 6, and then Lock scoring a fourth-quarter garbage time touchdown on an 8-yard rush to make it 27-20 with 2:18 left.
The Giants got the rest of their scoring from kicker Graham Gano, who hit field goals of 46 and 47 yards.
Giants receiver Malik Nabers caught 13 pass targets for 69 yards, but he also dropped two balls. Rookie tight end Theo Johnson displayed toughness on a few of his receptions, hauling in five catches for 54 yards.
This is the Giants’ ninth time in the last 11 seasons that they’ve lost at least ten games. This loss eliminated them from playoff contention and currently slots them into the No.1 pick in April’s draft.
The Giants will have 10 days to prepare for their next matchup, a home meeting with the New Orleans Saints. They’re now the only team in the NFL to win a game at home still not this season, and they currently have the league’s longest losing streak.
Dallas, TX
Sources: Giants’ DeVito expected out vs. Dallas
New York Giants quarterback Tommy DeVito is expected to be out for Thursday’s game against the Dallas Cowboys because of his forearm injury and Drew Lock is expected to start in his place, sources told ESPN’s Adam Schefter and Jordan Raanan.
DeVito is listed as questionable for the Thanksgiving Day game, but a source told ESPN on Wednesday that DeVito was considered a long shot to play.
He did not travel with the team to Dallas on Wednesday as he was undergoing further evaluation, the Giants said. The team, however, said it expected him to travel to Dallas later Wednesday.
DeVito took several big hits in Sunday’s 30-7 loss to the Tampa Bay Buccaneers. He was making his first start of the season after the Giants released former starter Daniel Jones late last week.
The Giants turn to Lock after bypassing him following the benching of Jones for DeVito. Lock spent the first 10 weeks as the backup, with DeVito as the third string/emergency quarterback.
Lock has a short week and no real practices to get ready for the matchup of NFC East rivals. He also will be playing behind an offensive line without its starting tackles. Andrew Thomas (foot) is on injured reserve and Jermaine Eluemunor (quad) was ruled out Wednesday.
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