File photo The Wheatfields Senior Community has been purchased by a Vancouver retirement community management group, according to documents filed with the Curry County Clerk.
A Washington company might just be in a position to breathe some new life into the deserted Wheatfields Senior Living Community.
The unfinished, foreclosed property situated on North Prince Street has been purchased by a Vancouver group that manages retirement communities, according to a deed filed March 30 with the Curry County Clerk.
The deed shows VPS7 LLC, assumed the property from PCB-ARC INC, or PlainsCapital Bank of Lubbock, which held the property after it was included in the bankruptcy of housing giant Sunwest Management Inc.
Susan Haider, named as a grantee on the deed, represents Harvest Development and the Hawthorn Retirement Group.
Haider could not be reached for comment Tuesday.
Hawthorn manages retirement communities in 12 states, including Paloma Landing in Albuquerque, as well as facilities in Canada and the United Kingdom.
County officials said the deed transfer was only for structures that are built on the 12-acre lot and did not include undeveloped land.
Construction of Wheatfields ground to a halt in 2008 and left local contractors filing liens — more than $3 million worth, some eventually paid, some not.
In October 2009, Sunwest Management was pulled into bankruptcy and the Securities and Exchange Commission — which filed a March 2009 suit against Sunwest, contractor KDA Construction and numerous others for defrauding investors — estimated that as much as $400 million in losses could be suffered by investors and creditors.
The $20 million Clovis project was supposed to feature 64 assisted living apartments, 10 retirement cottages and 24 Alzheimer’s accommodations with 24-hour nursing care and group meals available for all residents.
With bankruptcy pending, the property fell into disarray and the city was left to maintain it.
Pete Wilt, Clovis’ director of building safety, said the city has maintained the property and filed liens against it for the associated costs.
“We’ve cut (weeds) several times,” Wilt said. “We are the only ones that have cut it in the last year and a half.
City Manager Joe Thomas said last week men from a Texas bank came to visit him to determine what liens the city had against the property because they were in the process of closing a deal on the property.
Thomas said there was a weed cutting lien for about $1,500 and the city waived a sewer and garbage lien because the facility is unoccupied.
Thomas said other than the lien issues he had no knowledge of the property transfer.