BATAVIA, Ill. — Covenant Retirement Communities is renovating and expanding Harry Ekstam Assisted Living, the assisted living and memory care wing of The Holmstad, a continuing care retirement community (CCRC) in Batavia, 40 miles west of Chicago.
BETHLEHEM, Pa. — Presbyterian Senior Living has completed a 36-unit, $16.5 million independent living expansion at Kirkland Village, a continuing care retirement community (CCRC) in Bethlehem, approximately 60 miles north of Philadelphia.
GLENCROFT, Ariz. — Ziegler, a specialty investment bank, has arranged $20.5 million in non-rated, fixed-rate bonds for Glencroft Senior Living, a continuning care retirement community (CCRC) in Glendale.
PHOENIX — Life Care Services and Westminster Funds, the joint venture owners of Sagewood, a continuing care retirement community in Phoenix, have announced plans to add a 24-unit independent living neighborhood to the community’s campus.
AUSTIN, Texas — Ziegler, a specialty investment bank, has priced $61.5 million in bonds for Westminster Manor, a nonprofit continuing care retirement community (CCRC) in Austin.
SEATTLE — Ziegler, a specialty investment bank, has priced $130.3 million in fixed-rate bonds for Presbyterian Retirement Communities Northwest (PRCN), a nonprofit operator of three continuing care retirement communities (CCRCs) in Seattle.
NAPLES, Fla. — Lutheran Life Communities has named Bill Diamond as executive director of The Arlington, a continuing care retirement community in the Southwest Florida beach community of Naples.
LOMBARD, Ill. — Lifespace Communities Inc. has completed the $19 million expansion and renovation of Beacon Hill, a continuing care retirement community in Lombard, approximately 20 miles west of Chicago.
SEATTLE — Ziegler, a specialty investment bank, has closed $57.5 million in bonds for Bayview Manor Homes, the nonprofit operator of Bayview, a continuing care retirement community in Seattle’s Queen Anne neighborhood.