DURHAM, N.C. — Ziegler, a specialty investment bank, has arranged $34.5 million in tax-exempt, fixed-rate bonds issue on behalf of The United Methodist Retirement Homes (UMRH).
CCRC
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.
NORTH KANSAS CITY, Mo. — Tutera Senior Living & Health Care will break ground this week on the $65 million Tiffany Springs Senior Community, a continuing care retirement community (CCRC) in North Kansas City, located just across the Missouri River from Kansas City proper.
BEAUMONT, Texas — Buckner Retirement Services, a nonprofit owner-operator based in Dallas, has broken ground on an 80,000-square-foot expansion and 51,000-square-foot remodel at Calder Woods, a continuing care retirement community in Beaumont, located east of Houston near the Louisiana border.