LifeSpire Secures $18M to Add 133 Units to CCRC in Virginia

CULPEPER, Va. — LifeSpire of Virginia has received an $18 million loan from SunTrust Bank for the expansion of The Culpeper, a continuing care retirement community (CCRC) in Culpeper, approximately 70 miles southwest of Washington, D.C.

The 125,000-square-foot expansion will add 54 assisted living units, 32 memory care units and 47 skilled nursing units.

Richmond-based LifeSpire of Virginia operates four CCRCs in Virginia. 

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