ROCKVILLE, Md. — Ingleside at King Farm, a continuing care retirement community (CCRC) in Rockville, has promoted Frank Romonoski to general manager. In his new role, Romonoski will be responsible for plant operations and maintenance, and environmental services.
CCRC
HIGH POINT, N.C. — Ziegler, a specialty investment bank, has arranged a $66.1 million bond issue for Maryfield Inc., a North Carolina not-for-profit that owns and operates Pennybyrn at Maryfield, a continuing care retirement community (CCRC) in High Point.
GREENWOOD VILLAGE, CONN. – NorthStar Healthcare Income has agreed to acquire 15 continuing care retirement communities (CCRCs) throughout 11 states for $640 million. The assets, which include nine rental CCRCs and six entrance-fee CCRCs for a total of 3,637 units, were purchased from subsidiaries of Fountains Senior Living Holdings.
MUNSTER, Ind. — Ziegler, a specialty investment bank, has closed a $58.6 million tax-exempt, fixed-rate Series 2015 Bond issue through the Indiana Finance Authority for Community Foundation of Northwest Indiana (CNFI), which operates three not-for-profit hospitals and a continuing care retirement community (CCRC).
WEST POINT, Pa. — Senior living provider ACTS Retirement-Life Communities has unveiled a multi-year strategic plan to renovate and reposition its portfolio of continuing care retirement communities (CCRCs). The renovations are expected to total approximately $300 million over the next three years.