SunTrust Provides $60M for CCRC Expansion in Baltimore
BALTIMORE — SunTrust Banks Inc. has provided a $60 million loan for the expansion of Roland Park Place, a nonprofit continuing care retirement community in Baltimore.
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Ohio Masonic Home Plans Independent Living Expansion at CCRC Near Cleveland
MEDINA, Ohio — Ohio Masonic Home has unveiled plans for a new independent living neighborhood at Western Reserve Masonic Community (WRMC), a 229-acre continuing care retirement community in Medina, about 30 miles south of Cleveland.
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Meegan Kline Named Executive Director of 510-Unit CCRC Being Built in San Diego
SAN DIEGO — Meegan Kline has been named executive director for The Glen at Scripps Ranch, the new continuing care retirement community (CCRC) in the Scripps Ranch area of San Diego.
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Life Plan Communities Hit a Sweet Spot
Demand and occupancies hold firm as sponsors retool for the next wave of residents.
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Ziegler Arranges $81.2M Bond Financing for CCRC Redevelopment in Fort Myers
FORT MYERS, Fla. — Ziegler has arranged $81.2 million in bond financing for The Christian and Missionary Alliance Foundation, which owns and operates Shell Point Retirement Community, a massive continuing care retirement community (CCRC) in Fort Myers.
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Ziegler Arranges $44.1M Bond Financing for CCRC Near Philadelphia
GLADWYNE, Pa. — Ziegler has arranged $44.1 million in bond financing for Waverly Heights, which owns and operates a continuing care retirement community (CCRC) of the same name in Gladwyne.
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Harbor’s Edge Begins Construction of 24-Story CCRC Expansion in Virginia
NORFOLK, Va. — Harbor’s Edge, an independently owned continuing care retirement community in Norfolk, has started construction of a previously announced 24-story tower on its campus.
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Ziegler Arranges $32.8M Bond Financing for CCRC in Florida
LAKELAND, Fla. — Ziegler has arranged $32.8 million in bond financing for The Estates at Carpenters, a 33-acre continuing care retirement community (CCRC).
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Spellman Brady Completes Interior Design for The Langford in College Station, Texas
COLLEGE STATION, Texas — Spellman Brady & Co. has completed the 156,162-square-foot interior design for The Langford Retirement Community in College Station, a Methodist Retirement Communities (MRC) property.
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Reata Glen CCRC Prepares to Open in Orange County, California
RANCHO MISSION VIEJO, Calif. — Reata Glen, a continuing care retirement community (CCRC) in Rancho Mission Viejo, will open its doors on May 28.
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Legacy Names John Falldine as Executive Director of Community in Dallas
DALLAS — The Legacy Senior Communities has appointed John Falldine as executive director of The Legacy Midtown Park, a rental continuing care retirement community in Dallas.
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Cushman & Wakefield Brokers $20.4M Sale of CCRC in South Texas
CORPUS CHRISTI, Texas — Cushman & Wakefield has negotiated the sale of Mirador, an upscale, 228-unit continuing care retirement community in Corpus Christi.
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Acts Completes $10M Renovation at Community in North Carolina
COLUMBUS, N.C. — Acts Retirement-Life Communities has completed $10 million in renovations at Tryon Estates, a continuing care retirement community in Columbus, located in the southwest corner of the state near the Tennessee and South Carolina borders.
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James Wells Named Executive Director of CCRC Under Development Near Orlando
OVIEDO, Fla. — Legacy Pointe at UCF, a senior living community currently in development in Oviedo, has hired Dr. James Wells as its executive director.
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Study Shows Life is Better in Seniors Housing
Life plan residents report healthier, happier lives in almost every aspect.
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HJ Sims Arranges $201.1M Financing for CCRC Expansion in Virginia
NORFOLK, Va. — HJ Sims has arranged $201.1 million in financing for the construction of a new residential tower at Harbor’s Edge, a continuing care retirement community in Norfolk.
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HJ Sims Arranges $92.4M Bond Financing for Lutheran Senior Services
ST. LOUIS — HJ Sims has arranged $92.4 million in bond financing for Lutheran Senior Services (LSS), a St. Louis-based nonprofit owner-operator of 17 continuing care retirement communities throughout Missouri and Illinois.
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HJ Sims Arranges $20M Bond Refinancing for Community Near Boston
CANTON, Mass. — HJ Sims has arranged $20 million in bonds to refinancing for Orchard Cove, a continuing care retirement community in Canton, approximately 15 miles south of Boston.
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LifeSpire Nears Completion of $33.5M Community Redevelopment in Virginia
CULPEPER, Va. — LifeSpire of Virginia has scheduled a May 10 grand opening for expansion of The Cupeper, a seniors housing community in Culpeper, approximately 65 miles southwest of Washington, D.C.
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Erickson Living Opens CCRC Expansion Near Washington, D.C.
SPRINGFIELD, Va. — Erickson Living has opened Dogwood Commons, an assisted living and memory care expansion of the company’s Greenspring community in Springfield.
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Weitz, LCS Start Construction of 101-Unit Expansion at Sagewood in Phoenix
PHOENIX — Owner-Operator Life Care Services (an LCS Company) and general contractor The Weitz Company have started construction of a four-story independent living expansion at Sagewood, a continuing care retirement community in Phoenix.
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Beatitudes Breaks Ground on 34 Patio Homes at CCRC in Phoenix
PHOENIX — Church of the Beatitudes has broken ground on a patio home expansion at Beatitudes Campus, a nonprofit continuing care retirement community (CCRC) in Phoenix.
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HJ Sims Arranges $54.2M Financing for CCRC Campus Expansion in Iowa
AMES, Iowa — HJ Sims has arranged a $54.2 million financing package for the expansion and repositioning of Northcrest Community, a continuing care retirement community (CCRC) in Ames, approximately 35 miles north of Des Moines.
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San Francisco Campus for Jewish Living Opens Preview Center for $140M Expansion
SAN FRANCISCO — San Francisco Campus for Jewish Living (SFCJL), a continuing care retirement community in San Francisco, has opened a preview center at its 190-unit Frank Residences expansion.
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SunTrust Provides $35M in Financing for CCRC Development in Georgia
ATHENS, Ga. — SunTrust has provided $35 million in financing to support the development of Presbyterian Village Athens in Athens.
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Erickson Living Opens 50,000 SF Expansion in Pennsylvania
WARMINSTER, Pa. — Erickson Living has opened Chestnut Pointe, a 50,000-square-foot expansion at the company’s Ann’s Choice continuing care retirement community in Warminster, located north of Philadelphia and west of Trenton, N.J.
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Erickson Living to Convert Former Marriott HQ in Maryland to 775,000 SF CCRC
BETHESDA, Md. — With Marriott International Inc. planning to relocate its Bethesda headquarters in 2022, Erickson Living has announced plans to redevelop the 775,000-square-foot building into a continuing care retirement community (CCRC).
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