Case filing & court posture: SpiriTrust Lutheran, an 80-year-old nonprofit Lutheran-affiliated senior living organization operating six continuing care retirement communities across Pennsylvania, filed for Chapter 11 protection on November 21, 2025 in the Middle District of Pennsylvania (Case No. 25-03341). Dkt. 1 Chief Bankruptcy Judge Henry W. Van Eck presides.
Liquidity & financing path: The Debtors obtained a DIP facility of up to $12.2 million from M&T Bank at 12% interest, comprising $6.7 million in new borrowings and $5.5 million in line of credit availability. Dkt. 15 The final DIP order was entered on December 19, 2025. Dkt. 145
Restructuring outcome: The Debtors pursued a sale process for all assets. Following an auction on January 22, 2026, Concordia Lutheran Ministries was designated the successful bidder. Dkt. 242 The Court approved the sale on January 29, 2026 for approximately $103 million in total consideration, comprising $51 million cash, $7 million HUD loan assumption, and a $45 million post-closing capital commitment. Dkt. 258
Current status: Sale closing is targeted for March 31, 2026.
