CCRC

Winsberg-Green-Cay_Boynton-Beach-Fla
CCRCDevelopmentFloridaNews

Florida Nonprofit Breaks Ground on $380M CCRC in Boynton Beach

by Hayden Spiess

BOYNTON BEACH, Fla. — Green Cay Life Plan Village Inc., a nonprofit corporation, has broken ground on a continuing care retirement community (CCRC) project in Boynton Beach, approximately 30 miles north of Fort Lauderdale. The Winsberg at Green Cay will mark the first new CCRC in the county since 2016.  Upon completion, the project — which was first announced in 2022 — will span 15 acres. The community will total 220 residences in a 510,000-square-foot building, with 189 independent living units and 32 assisted living and memory care units. Amenities will include …

Continue Reading
0 FacebookTwitterLinkedinEmail
AcquisitionsCCRCIndianaNews

Ziegler Advises on Sale of 346-Unit CCRC in Northeast Indiana

by Hayden Spiess

FORT WAYNE, Ind. — Specialty investment bank Ziegler has announced the closing of the sale of The Village at Anthony Boulevard, a continuing care retirement community (CCRC) located in Fort Wayne. Ziegler served as the exclusive financial adviser to the seller, Lutheran Life Villages (LLV).  Casa Consulting, a seniors housing operator, acquired the property for an undisclosed price.  Ziegler began working with LLV in 2025 to assess the future of the CCRC, according to a release issued by the firm. 

Continue Reading
0 FacebookTwitterLinkedinEmail
Brice-Pointe_New-Bern-N.C.
CCRCDevelopmentNewsNorth Carolina

ThriveMore Plans 70-Acre CCRC in North Carolina

by Hayden Spiess

NEW BERN, N.C. — ThriveMore’s board of trustee’s has approved the next phase of design and development for Brice Pointe, the organization’s new continuing care retirement community (CCRC) in New Bern in coastal North Carolina.  Situated on a 70-acre campus, the development will feature 152 independent living apartments; 52 villas and cottages; and 18 assisted living, memory care and skilled nursing units. Amenities at the CCRC will include walking trails, outdoor gathering spaces, wellness and educational opportunities and access to nearby golf, pickleball and tennis facilities.  The community is scheduled to …

Continue Reading
0 FacebookTwitterLinkedinEmail
Sharon-SouthPark_Charlotte-N.C
CCRCDevelopmentFinanceNewsNorth Carolina

Ziegler Closes $166.4M Bond Financing for Community Expansion in Charlotte

by Hayden Spiess

CHARLOTTE, N.C. — Ziegler has closed approximately $166.4 million in bond financing on behalf of The Presbyterian Home at Charlotte, doing business as The Sharon at SouthPark.  Originally founded in 1964, the organization owns and operates a continuing care retirement community in Charlotte. Situated on 28.1 acres in the SouthPark area of Charlotte, the community currently features 247 independent living residences, 38 assisted living units and 96 skilled nursing beds.  Proceeds from the financing will be used to fund an expansion project at the property. The expansion will add 64 new …

Continue Reading
0 FacebookTwitterLinkedinEmail
CCRCFinanceIndianaNewsOhio

Ziegler Closes $66.5M in Bond Financings for Two Affiliates of BHI Senior Living

by Hayden Spiess

INDIANAPOLIS — Ziegler has closed bond financings for Maple Knoll Communities and Westminster Village North (WVN), two affiliates of Indianapolis-based BHI Senior Living.  For Maple Knoll, the financing included roughly $23.5 million in Series 2026 Refunding Revenue Bonds. Proceeds from the bonds will be used to refund the nonprofits outstanding Series 2021B bank loans. Maple Knoll owns and operates two continuing care retirement communities (CCRCs) in southwest Ohio — Maple Knoll Village in Springdale and The Knolls of Oxford in Oxford. The communities total 395 independent living residences, 90 assisted living …

Continue Reading
0 FacebookTwitterLinkedinEmail
Park-Pointe-Expansion_Rock-Hill-S.C
CCRCDevelopmentNewsSouth Carolina

Acts Retirement-Life Underway on 109-Acre Expansion at South Carolina Community

by Hayden Spiess

ROCK HILL, S.C. — Nonprofit senior living organization Acts Retirement-Life Communities is currently underway on a 109-acre expansion project at Park Pointe Village, a continuing care retirement community located in Rock Hill.  Spiezle Architectural Group led the master planning and design process for the expansion.  Upon completion, the expansion will add 130 new independent living residences, as well as 20 assisted living units, a memory care neighborhood and an 18,000-square-foot clubhouse. New amenities will include walking trails, pickleball courts, new restaurants and gathering spaces. A construction timeline was not disclosed.  “This …

Continue Reading
0 FacebookTwitterLinkedinEmail
Carolina-Village
CCRCFinanceNewsNorth Carolina

Ziegler Closes $45.6M Bond Financing for Carolina Village in Hendersonville, North Carolina

by Hayden Spiess

HENDERSONVILLE, N.C. — Ziegler has closed a $45.6 million bond financing on behalf of Carolina Village Inc., a non-profit senior living owner and operator based in North Carolina.  Founded in 1972, Carolina Village operates a continuing care retirement community situated on 94.8 acres in Hendersonville in western North Carolina. The property currently comprises 370 independent living residences, 60 assisted living units and 58 skilled nursing beds.  Funds from the Series 2026A bonds will be used to finance the design, pre-construction and permitting processes for a future expansion project, as well as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Fairview_Groton-Conn
CCRCConnecticutDevelopmentFinanceNews

Ziegler Underwrites $304.2M Bond Financing for Campus Expansion in Connecticut

by Hayden Spiess

GROTON, Conn. — Specialty investment bank Ziegler has closed a $304.2 million bond financing to fund a senior living campus expansion in Groton in southeastern Connecticut. Ziegler served as the underwriter for the financing.  Non-profit senior living organization Fairview is the borrower. Fairview owns and operates a continuing care retirement community situated on 70 acres and will use the proceeds for an expansion project, dubbed Vista Point at Fairview.  Upon completion, the expansion will add 193 independent living units, 44 assisted living units and 28 memory care units. The development will …

Continue Reading
0 FacebookTwitterLinkedinEmail
LifeSpire-of-Virginia-Rendering
CCRCDevelopmentFinanceNewsVirginia

Ziegler Closes $171M Financing for LifeSpire of Virginia

by Hayden Spiess

GLEN ALLEN, Va. — Ziegler has closed approximately $171 million in bond financing for Virginia Baptist Homes doing business as LifeSpire of Virginia. Based in Glen Allen, the nonprofit company owns and operates five continuing care retirement communities in Virginia.  LifeSpire’s properties include Lakewood in Richmond, The Culpeper in Culpeper, The Chesapeake in Newport News, The Glebe in Daleville and The Summit in Lynchburg. Together, the communities total 952 independent living, 225 assisted living, 108 memory care and 226 skilled nursing units.  Proceeds from the bonds will be used to refund …

Continue Reading
0 FacebookTwitterLinkedinEmail
CaliforniaCCRCCompany NewsNewsOperations

Transforming Age Assumes Management of Two Odd Fellows Home of California Communities 

by Hayden Spiess

NAPA and SARATOGA, Calif. — Transforming Age has assumed management of two Odd Fellows Home of California (OFHC) communities in Napa and Saratoga.  Transforming Age will operate the communities on behalf of the nonprofit, which is based in Saratoga. The properties, both continuing care retirement communities, include Saratoga Retirement Community and The Meadows of Napa Valley.  Saratoga Retirement Community, which is currently undergoing a $101.7 million expansion, totals 337 residences situated on a 37-acre campus. OFHC recently received bond financing for the project, which will add 52 apartments across three new buildings, as …

Continue Reading
0 FacebookTwitterLinkedinEmail
Newer Posts
Older Posts