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By Susan Salk on June 5, 2012
A year after surviving a financial crisis that threatened the existence of Old Friends Kentucky, the Thoroughbred retirement facility has come roaring back, stronger than ever. In the coming weeks, Old Friends is expected to sign a lease agreement on a 250-acre property in Kentucky, a windfall that will provide the growing horse charity with six additional barns, a veterinarian facility and exercise area—all for a dollar a year. “I don’t want to jinx it by saying much more,” says Old Friends founder and president Michael Blowen. “But, we expect to lease a minimum of 250 acres for something like […]