CHICAGO — The bankrupt Fairview Obligated Group, operator of several Chicago-area continuing care retirement communities, will hold an auction next month on its Rockford campus as investors who hold $57 million of mostly tax-exempt debt await word on how much they stand to recoup.

Fairview Ministries Inc. and its affiliate VibrantLiving Communities & Services filed for Chapter 11 last month in the U.S. Bankruptcy Court for the Northern District of Illinois.

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