Albuquerque Journal (Albuquerque, NM)

Ballantrae Drafting Expansion.(Business)

Byline: Winthrop Quigley Journal Staff Writer

CEO Says 75-100 Homes in Plans

The Atlanta nursing-home operator that is relocating its corporate headquarters to Albuquerque intends to more than double its business over the next two years, CEO Murry Gunty said.

Ballantrae Healthcare, a closely held limited liability corporation, operates 32 nursing homes in New Mexico, Arizona, Texas, Missouri, Illinois and Ohio, Gunty said. The company intends to add from 75 to 100 nursing homes in the next 24 months, he said.

Ballantrae recently took over operation of 15 nursing homes from Sun Healthcare Group, an Albuquerque-based industry giant which is operating under Chapter 11 bankruptcy protection. …

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