CCRC

CCRC in Alabama Plans $42.4M Expansion

by Jeff Shaw February 5, 2016

BIRMINGHAM, Ala. — Methodist Homes of Alabama and Northwest Florida has released plans for a $42.4 million expansion of Fair Haven, a continuing care retirement community (CCRC) in Birmingham.

February 5, 2016

CCRC News

Heritage Investment Partners Buys Majority Stake in LCS Community in Tennessee

by Jeff Shaw February 3, 2016

BRENTWOOD, Tenn. — Heritage Investment Partners, an investment group based in Tennessee, has purchased a 70 percent stake in The Heritage at Brentwood, a 283-unit continuing care retirement community in the Nashville suburb of Brentwood.

February 3, 2016

CCRC Development Finance News

Lancaster Pollard Provides $43.6M Bond Financing for CCRC Construction in Ohio

by Jeff Shaw January 6, 2016

NEW ALBANY, Ohio — Lancaster Pollard has arranged $43.6 million in bond financing for the construction of Wesley Woods, a new continuing care retirement community in the Columbus suburb of New Albany.

January 6, 2016

CCRC Development News

LCS, Weitz Open $161M CCRC in Minnesota

by Jeff Shaw January 5, 2016

PLYMOUTH, Minn. — Design and construction firm The Weitz Company and developer LCS have opened the doors on Trillium Woods, a 46-acre continuing care retirement community in the Minneapolis suburb of Plymouth.

January 5, 2016

CCRC Finance News

Cushman & Wakefield Arranges Recapitalization of CCRC near Milwaukee

by Jeff Shaw December 21, 2015

MEQUON, Wisc. — As advisor to a venture between Westminster Capital and LCS, Cushman & Wakefield Senior Housing Capital Markets has arranged the recapitalization of Newcastle Place, a 257-unit entrance fee continuing care retirement community located in the affluent Milwaukee suburb of Mequon.

December 21, 2015

CCRC Finance News

Leumi Provides $13.6M Loan for Acquisition of CCRC in Missouri

by Jeff Shaw December 3, 2015

ST. CHARLES, Mo. — Bank Leumi USA has provided a $13.6 million loan to facilitate the acquisition of Windsor Estates of St. Charles, a continuing care retirement community (CCRC) in the St. Louis suburb of St. Charles.

December 3, 2015

CCRC Finance News

Ziegler Closes $50.7M in Bond Financing for CCRC in Austin, Texas

by Jeff Shaw November 20, 2015

AUSTIN, Texas — Ziegler, a specialty investment bank, has closed $50.7 million in tax-exempt, fixed-rate bonds for Querencia at Barton Creek, a 40-acre continuing care retirement community in the Barton Creek neighborhood of Austin.

November 20, 2015

CCRC News

IPA Arranges Sale of 234-Unit CCRC in Missouri for $17M

by Jeff Shaw November 18, 2015

ST. CHARLES, Mo. — Institutional Property Advisors (IPA), a division of Marcus & Millichap specializing in serving real estate investors, has arranged the sale of Carrington Place of St. Charles, a 234-unit, 294-bed continuing care retirement community in St. Charles, a northwestern suburb of St. Louis.

November 18, 2015

CCRC Development News

Lifespace to Break Ground on $9M Expansion to CCRC in Iowa

by Jeff Shaw November 18, 2015

URBANDALE, Iowa — Lifespace Communities Inc. will break ground Friday on a $9 million redevelopment project for Deerfield Retirement Community, a CCRC in the Des Moines suburb of Urbandale.

November 18, 2015

CCRC Development News

SQLC Breaks Ground on $72M Expansion to The Buckingham CCRC in Houston

by Jeff Shaw November 10, 2015

HOUSTON — Developer and operator Senior Quality Lifestyles Corp. (SQLC) has broken ground an a 183-unit, $72 million expansion to The Buckingham, a nonprofit continuing care retirement community in Houston.

November 10, 2015

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