CCRC

Benchmark, Farallon Acquire 199-Unit CCRC Near Boston

by Jeff Shaw May 12, 2017

WALPOLE, Mass. — A joint venture between Benchmark Senior Living and Farallon Capital Management has acquired New Pond Village, a continuing care retirement community (CCRC) in the Boston suburb of Walpole.

May 12, 2017

Covenant Retirement Opens $19.1M Expansion of Community Near San Diego

by Jeff Shaw May 8, 2017

SPRING VALLEY, Calif. — Covenant Retirement Communities has opened Peterson Life Center, a $19.1 million expansion at Mount Miguel Covenant Village in the San Diego suburb of Spring Valley.

May 8, 2017

Alabama CCRC News

Acts Retirement-Life Communities Takes Over 341-Unit CCRC in Alabama

by Jeff Shaw May 4, 2017

SPANISH FORT, Ala. — Acts Retirement-Life Communities Inc. has affiliated with Presbyterian Retirement Corp., which owns and operates Westminster Village, a 341-unit continuing care retirement community in Spanish Fort, located just across the bay from Mobile.

May 4, 2017

CCRC Development News

Erickson Breaks Ground on $19M CCRC Expansion Near Philadelphia

by Jeff Shaw May 1, 2017

WARMINSTER, Pa. — Erickson Living has broken ground on a $19 million expansion at Ann’s Choice, a continuing care retirement community in the Philadelphia suburb of Warminster.

May 1, 2017

CCRC Development News

LCS Completes $154.5M Phase II Expansion Near Seattle

by Jeff Shaw April 27, 2017

ISSAQUAH, Wash. — Life Care Services has completed the $154.5 million Phase II expansion of Timber Ridge at Talus, a CCRC in the Seattle Suburb of Issaquah.

April 27, 2017

CCRC Development News

Emerald Communities to Add 42 Units to CCRC in Seattle Suburbs

by Jeff Shaw April 26, 2017

REDMOND, Wash. — Emerald Communities, a nonprofit operator, has announced plans to add a new neighborhood named The Courtyard to its Emerald Heights continuing care retirement community in the Seattle suburb of Redmond.

April 26, 2017

Assisted Living CCRC Development News

Volunteers of America Opens 130,908 SF Assisted Living Expansion to Florida CCRC

by Jeff Shaw April 20, 2017

CAPE CORAL, Fla. — Volunteers of America has opened the doors on Palmview, an assisted living and memory care expansion at Gulf Coast Village, a continuing care retirement community (CCRC) in Cape Coral, in the Fort Myers metro.

April 20, 2017

CCRC Development News

Presby’s to Add 85 Units, Clubhouse to CCRC Near Philadelphia for $75M

by Jeff Shaw April 19, 2017

JENKINTOWN, Pa. — Presby’s Inspired Life has announced plans for a $75 million expansion at Rydal Park, a continuing care retirement community in the Philadelphia suburb of Jenkintown.

April 19, 2017

CCRC Finance News

HJ Sims Provides $15.7M Refinancing for CCRC in Florida

by Jeff Shaw April 19, 2017

PONTE VEDRA BEACH, Fla. — HJ Sims, a Connecticut-based investment bank, has completed a $15.7 million refinancing for Vicar’s Landing, a continuing care retirement community in the coastal Jacksonville suburb of Ponte Vedra Beach.

April 19, 2017

CCRC Finance News

HJ Sims Arranges $20.2M Refinancing for Nonprofit CCRC in Pennsylvania

by Jeff Shaw April 18, 2017

DAVIDSVILLE, Pa. — HJ Sims, a Connecticut-based investment bank has arranged a $20.2 million debt modification for Allegheny Christian Ministries. The transaction will refinance debt on Laurel View Village, a nonprofit continuing care retirement community in Davidsville, approximately 75 miles east of Pittsburgh.

April 18, 2017

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