WILLIAMSBURG, Va. — Ziegler has arranged $71.3 million in bond financing for Williamsburg Landing, a continuing care retirement community (CCRC) in Williamsburg. Williamsburg Landing is located on 138.56 wooded acres and was founded in 1982. Since opening its doors, the…
TYSONS, Va. — Walker & Dunlop, Inc. has arranged $300 million in construction financing for The Mather, a high-rise continuing care retirement community in the Washington, D.C. suburb of Tysons. A 50/50 partnership between Mather and Westminster Capital is developing…
ATLANTA — Ziegler has arranged a total of $170.6 million in bond financing for Canterbury Court, a continuing care retirement community (CCRC) in Atlanta’s upscale Buckhead neighborhood. Canterbury Court was founded in the early 1960s by the All Saints Episcopal…
What can traditional seniors housing operators learn from successes in the active adult community segment, especially when it comes to generating interest and inquiries? How can active adult communities improve their own marketings strategies? These were the questions that Seniors…
TEMPE, Ariz. — Ziegler has arranged $104.1 million in bond financing to fund an expansion project at Friendship Village of Tempe, a continuing care retirement community in Tempe. The property currently features a 554-unit retirement center including garden homes and…
CHICAGO — Smith Senior Living has completed a $23 million modernization project of the skilled nursing facilities, known as Johanson Wing, at Smith Village in Chicago. Completed six months early, the project finishes a $74 million campus transformation that began…
LONDONDERRY, N.H. — Edgewood Senior Solutions Group of Massachusetts has broken ground on The Baldwin, a continuing care retirement community (CCRC) in Londonderry, approximately 45 miles northwest of Boston. The developer describes presales as “brisk” and expects to open the…
PLEASANTON, Calif. — Ziegler has arranged $120 million in tax-exempt bond financing for HumanGood, a nonprofit owner-operator based in Pleasanton. HumanGood was formed with the merger of American Baptist Homes of the West and be.group in 2017. The company owns…
TACOMA, Wash. — Ziegler has arranged $91.9 million in bond financing, issued through the Washington State Housing Finance Commission, for an expansion project at Eliseo, a continuing care retirement community in Tacoma. Eliseo, formerly known as Tacoma Lutheran Retirement Community,…
WOODBURY, Minn. — Ryan Cos. US Inc., Great Lakes Management and Artemis Real Estate Partners have broken ground on Talamore Senior Living Woodbury, a 200-unit seniors housing community in Woodbury, just east of St. Paul. Talamore Woodbury will be a…
CHICAGO — Smith Senior Living has completed a $23 million modernization at Smith Village, a continuing care retirement community in Chicago’s Morgan Park neighborhood. The project quadruples the number of private suites and rooms for rehabilitation and skilled nursing care…
GLEN MILLS, Pa. — Erickson Senior Living has completed Evergreen Pointe, an expansion at Maris Grove, a continuing care retirement community in Glen Mills. Located approximately 25 miles west of Philadelphia, the project adds a 76,000-square-foot assisted living addition to…
BRYN MAWR, Pa. — Lument Securities has advised the board of directors of Bryn Mawr Terrace, a continuing care retirement community (CCRC) in Bryn Mawr, on its sale to a private operator. Located roughly 10 miles from downtown Philadelphia and…
WILLIAMSBURG, Va. — Ziegler has arranged $58.2 million in a mix of bond financing and loans for WindsorMeade Williamsburg, a continuing care retirement community in Williamsburg. The community sits on an approximately 105-acre campus that currently consists of 181 independent…
WINTER PARK, Fla. — Ziegler has arranged $80 million in bond financing for an expansion project at Mayflower Retirement Center, a continuing care retirement community in Winter Park, a suburb of Orlando. The community opened in 1989 is situated on…
KALAMAZOO, Mich. — Ziegler has arranged $20.7 million in financing for Friendship Village Kalamazoo, a continuing care retirement community in Kalamazoo. The bonds consist of $8.7 million of Limited Obligation Revenue Refunding Bonds issued through the Michigan Strategic Fund and…
PORTLAND, Ore. — Ziegler has arranged $154.6 million in bond financing for Terwilliger Plaza, a continuing care retirement community in Portland. The Hospital Facilities Authority of Multnomah County, Oregon, issued the bonds, which will fund an expansion project. Terwilliger Plaza,…
GREENVILLE, S.C. — Life Care Services and LCS Development have completed an expansion project at Rolling Green Village, a continuing care retirement community in Greenville. The project added 60 apartments, 23 single-family houses and duplexes, and a new commons building…
KIAWAH ISLAND, S.C. — Kiawah Life Plan Village Inc. (KLPV), a newly formed nonprofit, has purchased a nine-acre site from Kiawah Partners, a subsidiary of South Street Partners, in the coastal resort community of Kiawah Island. Plans for the site…
MAINE — The Knapp-Stahler Seniors Housing Group of Marcus & Millichap has arranged the sale of continuing care retirement community (CCRC) in Central Maine. The 121,677-square-foot community spans an entire city block, totaling 3.6 acres. Occupancies have consistently been over…
CHARLOTTE, N.C. — HJ Sims has arranged a $44 million refinancing for Aldersgate United Methodist Retirement Community, a continuing care retirement community in Charlotte. Sims partnered with Aldersgate in 2019 with a financing for Generations at Shalom Park. In 2020,…
Opportunities are available in renovating old stock and building niche communities. By Richard Ackerman Upheaval in the continuing care retirement community (CCRC) market is changing the assumptions and opportunities that fueled the senior living trend for over 40 years. Today’s…
NEW ORLEANS — HJ Sims has arranged $23.3 million in financing for Poydras Home, a continuing care retirement community (CCRC) in New Orleans. Opened in 1857, Poydras now consists of 10 independent living units, 22 assisted living units, 11 memory…
ERIE and MECHANICSBURG, Pa. — HJ Sims hass arranged $47.6 million in financing for Asbury Communities Inc. The loans support two life plan communities — Bethany Village Retirement Center in Mechanicsburg and Springhill in Erie. Bethany includes two campuses with…
AUSTIN, Texas — Ziegler has arranged $56.9 million in bond financing through the New Hope Cultural Education Facilities Finance Corp. for an expansion at Westminster, a continuing care retirement community (CCRC) in Austin. The community is located on approximately 9.3…
WEST LAFAYETTE, Ind. — HJ Sims has arranged $60.5 million in bond financing for Westminster Village, a continuing care retirement community (CCRC) in West Lafayette, approximately midway between Chicago and Indianapolis. Founded in 1976, the community features 346 beds targeting…
PONTE VEDRA BEACH, Fla. — Ziegler has arranged $115.6 million in bond financing for Vicar’s Landing, a continuing care retirement community in Ponte Vedra Beach, approximately 20 miles southeast of Jacksonville. Vicar’s Landing was developed in 1983. It sits on…