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.
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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.
BRIDGEPORT and SOUTHBURY, Conn. — National Health Investors Inc. (NYSE: NHI) has acquired two entrance-fee continuing care retirement communities (CCRCs) totaling 460 units in Bridgeport and Southbury for $56.3 million. The two towns are located approximately 25 miles apart in the southwest portion of Connecticut.
WASHINGTON, D.C. — Ingleside, a nonprofit continuing care retirement community (CCRC) operator based in Washington, D.C., has promoted Elizabeth “Libby” Bush to the position of chief operations officer. Bush most recently served as the executive director of Westminster at Lake Ridge, one of Ingleside’s CCRCs in Virginia.