CCRC

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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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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 …

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SpiriTrust-Property_Pennsylvania
AcquisitionsCCRCNewsPennsylvania

SLIB Arranges $50.8M Sale of CCRC Portfolio in Pennsylvania

by Hayden Spiess

WHEATON, Ill. — Senior Living Investment Brokerage (SLIB) has arranged the $50.8 million sale of a portfolio of six continuing care retirement communities (CCRCs) located throughout southern central Pennsylvania. SpiriTrust Lutheran was the seller.  Built between 1959 and 2007, the portfolio comprises 553 independent living units, 261 personal care units and 244 skilled nursing b3eds. Concordia Lutheran Services acquires the properties, which were 81.9 percent occupied as of summer 2025.   Toby Siefert and Dave Balow of Illinois-based SLIB facilitated the transaction. 

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Laural-Parke_Houston
AcquisitionsCCRCFloridaNewsOperations

Focus Acquires, Rebrands 23-Acre CCRC in Houston

by Hayden Spiess

HOUSTON — Focus Healthcare Partners has acquired and rebranded The Buckingham, a continuing care retirement community (CCRC) located in Houston. Moving forward, the community will operate as Laural Parke Senior Living.  Focus is also transitioning the community, which is situated on 23 acres, from an entrance-fee to a monthly-rent model. According to the company, this shift “reflects a broader evolution in senior living.”  Focus acquired the property through a court-supervised auction process at the beginning of this year, following the community’s Chapter 11 bankruptcy filing in November 2025.  LCS will operate …

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Norine-Mulry
CCRCCompany NewsNewsOregonPeople

RoseVilla Senior Living Names New COO, CFO

by Hayden Spiess

PORTLAND, Ore. — RoseVilla Senior Living, a single-site seniors housing company, has named a new chief operating officer (COO) and a new chief financial officer (CFO).  Effective Jan. 1, 2026, Norine Mulry will take over as COO, and Kristina DeLisle will assume the position of CFO.  Mulry, who brings more than 18 years of management experience to her new position, has spent the past decade at RoseVilla. Most recently, Mulry served as director of food and beverage.  DeLisle’s previous experience also includes a 10-year tenure of leadership at RoseVilla, with 13 …

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