CCRC

Presbyterian Retirement Communities Northwest Changes Name to Transforming Age

by Jeff Shaw October 19, 2016

BELLEVUE, Wash. — Presbyterian Retirement Communities Northwest, a nonprofit seniors housing operator, has changed its name to Transforming Age. The company is based in Bellevue and operates three continuing care retirement communities (CCRCs) in Seattle: Skyline, Parkshore and Fred Lind Manor.

October 19, 2016

CCRC Legal Issues News Skilled Nursing

Benchmark CCRC in Connecticut Partners with APRN Group Ahead of Medicare Mandate

by Jeff Shaw September 28, 2016

STAMFORD, Conn. — Benchmark Senior Living has partnered with The West Haven Medical Group to provide advanced practice registered nurse (APRN) services in the skilled nursing portion of Edgehill, a continuing care retirement community in Stamford.

September 28, 2016

CCRC Development Independent Living News

Wagman Construction Completes $50M Independent Living Expansion in Maryland

by Jeff Shaw September 21, 2016

FREDERICK, Md. — Wagman Construction has completed construction of The Lodge at Willow Ponds, a new independent living expansion on the Willow Ponds continuing care retirement community (CCRC) campus in Frederick, approximately 50 miles west of Baltimore.

September 21, 2016

CCRC Features Industry Voices

Data reveals resiliency of CCRC operators

by Jeff Shaw September 20, 2016

In the wake of the recession, CCRCs reacted quickly to control expenses and conserve cash

September 20, 2016

CCRC Development News

Covenant to Renovate Assisted Living, Memory Care Wing at CCRC in Illinois

by Jeff Shaw September 15, 2016

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.

September 15, 2016

CCRC Development News

Presbyterian Senior Living Completes $16.5M Independent Living Expansion at CCRC in Pennsylvania

by Jeff Shaw September 14, 2016

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.

September 14, 2016

CCRC Finance News

Ziegler Arranges $20.5M Bond Financing for Glencroft CCRC in Arizona

by Jeff Shaw September 14, 2016

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.

September 14, 2016

CCRC Development Independent Living News

Life Care Services, Westminster Funds to Add 24-Unit Independent Living Neighborhood to CCRC in Phoenix

by Jeff Shaw September 13, 2016

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.

September 13, 2016

CCRC Finance News

Ziegler Arranges $61.5M in Bond Financing for 435-Unit CCRC in Austin

by Jeff Shaw September 6, 2016

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.

September 6, 2016

CCRC Finance News

Ziegler Arranges $130.3M Bond Financing to Refinance, Renovate CCRCs in Seattle

by Jeff Shaw September 1, 2016

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.

September 1, 2016

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