HUD solicited bids for the Rosewood facilities — a dozen nursing homes and one assisted living center — until the end of May, but since then it has repeatedly declined to disclose the name of the prospective buyer or the purchase price. According to court filings, there were four bids for the properties, which the department had valued at $95 million.

A HUD spokeswoman said the department could not comment until the sale is complete. The department has spent nearly $30 million since August 2018 to make up for shortfalls in funding at the Rosewood facilities and to pay for repairs.

Greystone, which manages nursing homes in Florida, was identified as the incoming owner of the Rosewood chain in a licensing application filed in December with the Illinois Department of Public Health. The application documents, which were released in response to a public records request, indicate that Greystone will own and operate the facilities through a series of limited liability companies. The firm also intends to rename each of the facilities, according to the application.

It is not clear how Greystone is paying for the facilities, or if the firm is getting any credit from HUD for the losses it may have incurred in the default.

The sale of the Rosewood facilities will not immediately end the work of the court-appointed receiver, the Long Hill Company. David Lawlor, Long Hill’s president, said in a court filing last month that his firm may remain on the job for another year to help with the transition to the new owner and operator.