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.
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.
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.
WORCESTER, Pa. —Meadowood Senior Living, a nonprofit, independent continuing care retirement community, has broken ground on The Grove, a $30 million independent living expansion.
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.
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.
PHOENIX — LCS has completed construction of Desert Willow Assisted Living Center, a 44-unit expansion of its Sagewood continuing care retirement community.
SANDY SPRING, Md. — Religious Society of Friends has unveiled plans for a major expansion project at Friends House Retirement Community, a continuing care retirement community in Sandy Spring, located between Baltimore and Washington, D.C.
ATHENS, Ga. — Presbyterian Homes of Georgia has broken ground on Presbyterian Village Athens, which the developer claims will be the first continuing care retirement community (CCRC) in Athens.