GARFIELD HEIGHTS, Ohio — Lancaster Pollard has provided a $17 million FHA refinance for The Village at Marymount, a nonprofit continuing care retirement community (CCRC) affiliated with the Sisters of St. Joseph of the Third Order of St. Francis.
GRAND RAPIDS, Mich. — Ziegler Capital Markets has arranged $57 million in financing for Beacon Hill at Eastgate, a CCRC in Western Michigan, which includes approximately $36 million for the community’s Phase II expansion.
LAKEWOOD, Colo. — CBRE National Seniors Housing has secured a $36.3 million loan for the construction of The Village at Belmar, a 156-unit continuing care retirement community (CCRC) planned in Lakewood in metro Denver.
EUGENE, Ore. — Cascade Manor, a continuing care retirement community (CCRC) in Eugene, is currently in progress on a $10 million expansion that will create 30 new luxury independent living apartments and community amenities.
DALLAS, Ore. — Cain Brothers has underwritten $27.6 million in bond financing for Dallas Retirement Village, a continuing care retirement community (CCRC) in Dallas, about 15 miles west of Salem.
HOUSTON — Parkway Place, a nonprofit, faith-based continuing care retirement community (CCRC) in Houston, has named Sunny Chatagnier its new executive director.
HOUSTON — The Buckingham, a nonprofit CCRC in Houston, has named Jesse Sias associate executive director. In his role, Sias will oversee the day-to-day operations of The Plaza, which houses assisted living, memory care, and skilled nursing.
ASHBURN, Va. — Ashby Ponds, a continuing care retirement community (CCRC) operated by Erickson Living in Northern Virginia, has opened its new independent living building called Magnolia Place.
WINSTON-SALEM, N.C. — Ziegler, a specialty investment bank, has closed $42.6 million in bond financing for Moravian Home, which owns and operates Salemtowne, a nonprofit continuing care retirement community (CCRC) in Winston-Salem.
NAPLES, Fla. — Ziegler, a specialty investment bank, has closed $20.9 million in bond financing for The Arlington of Naples, a continuing care retirement community (CCRC) being built as part of a resort in Naples.