LEXINGTON, Va. — Kendal Corp., a nonprofit owner-operator based in Pennsylvania, has broken ground on a $40 million expansion at Kendal at Lexington, a 120-unit continuing care retirement community in Lexington.
MOORESTOWN, N.J. — Acts Retirement-Life Communities Inc., one of the nation’s largest nonprofit operators, has announced its affiliation agreement with The Evergreens, a 300-unit continuing care retirement community (CCRC) in Moorestown.
ARLINGTON HEIGHTS, Ill. — Presbyterian Homes has opened the doors on The Highlands, an expansion on its The Moorings at Arlington Heights continuing care retirement community in the Chicago suburb of Arlington Heights.
FREDERICK, Pa. — HJ Sims has arranged a $19.5 million financing package for Frederick Living, a continuing care retirement community (CCRC) in the Philadelphia suburb of Frederick.
CARY, N.C. — HJ Sims has arranged $77.8 million in financing for SearStone Retirement Community, a continuing care retirement community (CCRC) in the Raleigh suburb of Cary.
SCOTTSDALE, Ariz. — HJ Sims has arranged a $19 million refunding loan and $5 million non-revolving line of credit for Westminster Village, a nonprofit continuing care retirement community (CCRC) in Scottsdale.
BAKERSFIELD, Calif. — HumanGood has hired Rochelle Balaban as the executive director of Rosewood, a continuing care retirement community (CCRC) in Bakersfield.
PHOENIX — Ziegler has closed $70.2 million in bond financing for The Beatitudes Campus, a nonprofit continuing care retirement community (CCRC) in north central Phoenix.
