CCRC

Presbyterian Homes of Georgia Breaks Ground on 229-Unit CCRC in Athens, Georgia

by Jeff Shaw September 12, 2018

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.

September 12, 2018

CCRC Finance News

HJ Sims Arranges $14M Bond Refinancing for Campus Repositioning in East Lansing, Michigan

by Jeff Shaw September 11, 2018

EAST LANSING, Mich. — HJ Sims has arranged a $14 million refinancing for Burcham Hills, a continuing care retirement community in East Lansing. The funds will be used to reposition the campus.

September 11, 2018

CCRC Finance News

BMO Harris Arranges $28M Acquisition Financing for CCRC in Georgia

by Jeff Shaw August 29, 2018

EVANS, Ga. — BMO Harris Bank’s Healthcare Real Estate Finance group has closed on $28 million in financing. The borrowers, TH Real Estate and LCS, will use the funds to acquire Brandon Wilde, a continuing care retirement community in the Augusta suburb of Evans.

August 29, 2018

CCRC Finance News

Cushman & Wakefield Negotiates $100M Recapitalization of Two Chicago-Area CCRCs

by Jeff Shaw August 27, 2018

LINCOLNSHIRE and NAPERVILLE, Ill. — Cushman & Wakefield has arranged a recapitalization of two continuing care retirement communities (CCRCs) totaling 1,071 units in the Chicago suburbs.

August 27, 2018

CCRC Development News

RiverWoods Breaks Ground on 222-Unit CCRC in New Hampshire

by Jeff Shaw August 23, 2018

DURHAM, N.H. — The RiverWoods Group has broken ground on RiverWoods Durham, a 222-unit continuing care retirement community (CCRC) in Durham, located in the Southeast corner of the state near the coast.

August 23, 2018

CCRC News

Ziegler Facilitates Sale of 310-Unit CCRC in Austin, Texas

by Jeff Shaw August 14, 2018

AUSTIN, Texas — Ziegler, a specialty investment bank, has arranged the “membership substitution” — effectively a sale — of Longhorn Village, an entrance-fee continuing care retirement community in Austin.

August 14, 2018

CCRC Development News

CCRC in Virginia Prepares to Break Ground on $140M Expansion

by Jeff Shaw August 7, 2018

NORFOLK, Va. — Harbor’s Edge, an independent, nonprofit continuing care retirement community, is preparing to break ground on a $140 million, 24-story expansion.

August 7, 2018

CCRC Development Finance News

HJ Sims Arranges $60.6M in Financing for CCRC Expansion in Kansas

by Jeff Shaw August 2, 2018

OVERLAND PARK, Kan. — HJ Sims has arranged $60.6 million in financing for the expansion and renovations of Village Shalom, a continuing care retirement community (CCRC) in the Kansas City suburb of Overland Park.

August 2, 2018

CCRC Development Finance News

Ziegler Closes $44.8M Bond Financing for 236-Unit Community in Seattle

by Jeff Shaw August 2, 2018

SEATTLE — Ziegler, a specialty investment bank, has arranged $44.8 million in bond financing for The Hearthstone Corp. The bonds will fund an expansion at the company’s continuing care retirement community, The Hearthstone at Green Lake in Seattle.

August 2, 2018

CCRC Development News

Presbyterian Senior Living Completes $10M Expansion at CCRC in Pennsylvania

by Jeff Shaw July 20, 2018

PHILIPSBURG, Pa. — Presbyterian Senior Living has completed a $10 million expansion at Windy Hill Village, a continuing care retirement community in the Central Pennsylvania borough of Philipsburg.

July 20, 2018

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