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.…
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.…
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.…
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.…
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.…
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. …
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.…
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. …
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.…
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.…
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.…
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).…
Blueprint Arranges Sale of CCRC in Kansas
OTTAWA, Kan. — Blueprint Healthcare Real Estate Advisors has arranged the sale of Ottawa Retirement Village, a continuing care retirement community in Ottawa, approximately 50 miles southwest of Kansas City. …
Presbyterian Communities and Services Plans 102-Unit Expansion at CCRC in Dallas
DALLAS — Presbyterian Communities and Services has unveiled plans for a new independent living building at Presbyterian Village North, a continuing care retirement community in Dallas.…
CCRC in Atlanta Plans $100M Expansion
ATLANTA — Lenbrook, an independent continuing care retirement community (CCRC), has announced plans for a $100 million expansion known as Kingsboro at Lenbrook.…
Summit Vista Names Executives at CCRC in Utah
SALT LAKE CITY — Summit Vista, a Salt Lake City-based operator, has named Mark Erickson chief executive officer and Kelly Ornberg chief marketing officer to lead Utah’s newest continuing care retirement community. Both executives will retain their managing director titles…
CCRC Near Orlando Plans $100M Expansion
MOUNT DORA, Fla. — Waterman Village, an independent, nonprofit continuing care retirement community in the Orlando suburb of Mount Dora, has announced plans for a $100 million expansion.…
Continuing Life Plans 480-Unit CCRC in Orange County, California
SAN JUAN CAPISTRANO, Calif. — Continuing Life has unveiled plans for Reata Glen, a 480-unit continuing care retirement community in San Juan Capistrano.…
HJ Sims Arranges $17.5M Financing for CCRC Expansion in Central Pennsylvania
PITTSTON, Pa. — HJ Sims has arranged $17.5 million in financing for United Methodist Homes. …
CCRC in Massachusetts Partners with Brigham and Women’s Hospital for On-Site Wellness Clinic
WESTWOOD, Mass. — Fox Hill Village has announced a new agreement with Brigham and Women’s Hospital to operate a Wellness Clinic and a primary care practice on its campus.…
Carolinas HealthCare Starts $15M Renovation of CCRC in North Carolina
MORGANTON, N.C. — Carolinas HealthCare System Blue Ridge has started a $15 million renovation project at Grace Ridge, a 52-acre continuing care retirement community (CCRC) in Morganton.…
HJ Sims Arranges $96.1M Bond Refinancing for Two CCRCs in Maryland
GAITHERSBURG and SOLOMONS, Md. — HJ Sims has closed $96.1 million in bond financing for Asbury Atlantic, a continuing care retirement community owner-operator based in Frederick, Md.…
Ziegler Arranges $91.9M Bond Refinancing for 612-Unit CCRC in Dallas
DALLAS — Ziegler has arranged $91.9 million in tax-exempt bond financing for Presbyterian Village North, a massive, nonprofit continuing care retirement community (CCRC) in Dallas.…
HJ Sims Arranges $186.5M in Construction Financing for CCRC in Dallas
DALLAS — Connecticut-based investment bank HJ Sims has closed on $186.5 million in financing for Legacy Midtown Park, a 325-unit continuing care retirement community in Dallas that broke ground over the summer. …
CCRC in Pennsylvania Breaks Ground on 52-Unit Independent Living Expansion
WORCESTER, Pa. —Meadowood Senior Living, a nonprofit, independent continuing care retirement community, has broken ground on The Grove, a $30 million independent living expansion.…
Berry College Plans 48-Acre CCRC on Its Campus in Rome, Georgia
ROME, Ga. — Berry College has announced plans for The Spires at Berry College, a 48-acre continuing care retirement community (CCRC) on its campus in Rome, approximately 70 miles northwest of Atlanta.…
Smith Senior Living Breaks Ground on $24M Rehab Expansion in Illinois
ORLAND PARK, Ill. — Smith Senior Living has started construction of a new rehabilitation building at Smith Crossing, a continuing care retirement community (CCRC) in Orland Park, approximately 30 miles southwest of Chicago.…