An attorney for the investment company that owns the mortgage on Retreat Behavioral Health’s former drug and alcohol treatment center in Ephrata Borough told a Lancaster County judge that a buyer has been identified.
At a brief status hearing Thursday afternoon, Julie Murphy, who represents Conshohocken-based Arba Credit Investors, told Judge Jeffrey Conrad that the prospective buyer was identified on Wednesday. She did not say who the prospective buyer was.
“We are in the process of negotiating a purchase and sale agreement … I believe the parties are relatively close,” Murphy said…