UPDATE: CUMBERLAND MANOR AUCTIONED OFF TO SALEM NURSING HOME OWNERS

An auction was held on Tuesday for the Cumberland Manor. LTC Management, LLC was the high bidder. Cumberland County approved the sale for $14 million, which will keep the employees who work at the manor employed. The company submitted two bids, one for $14 million and the other for $14.1 million. Those bids represent taking over the nursing home with and without guaranteeing the current employees a job respectively. The same group bought the Salem County Nursing Home last year. A public auction was held on the property. The home was facing a near $10 million budget gap.