CCRC

CELEBRATION, Fla. — Big Rock Partners has started construction of a luxury continuing care retirement community in the Orlando suburb of Celebration.

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.

ISSAQUAH, Wash. — LCS Development, a developer of continuing care retirement communities (CCRCs) throughout the United States, has nearly completed the Phase II expansion of Timber Ridge at Talus, a CCRC in the Seattle suburb of Issaquah.

COMMACK, N.Y. — Gurwin, a nonprofit, independent seniors housing community in the Long Island town of Commack, has announced plans to build Fountaingate Gardens, an independent living expansion of the community.

DALLAS — Nonprofit operator Presbyterian Communities and Services is nearing completion of the $93 million expansion of Presbyterian Village North, a continuing care retirement community in Dallas.

NEW PROVIDENCE, N.J. — Erickson Living, a continuing care retirement community (CCRC) developer and operator, has opened the doors on Lantern Hill, a 360-unit CCRC in New Providence, approximately 30 miles west of New York City.

STILLWATER, Okla. — Ziegler, a specialty investment bank, has arranged $111 million in tax-exempt bonds for Epworth Living at The Ranch, a continuing care retirement community (CCRC) in Stillwater, approximately 60 miles north of Oklahoma City and west of Tulsa.

GIG HARBOR, Wash. — Emerald Communities, a Seattle-based operator, has started construction of Heron’s Key, a 275-unit continuing care retirement community (CCRC) in Gig Harbor, approximately 40 miles southwest of Seattle.