OVERLAND PARK, Kan. — HJ Sims has arranged $60.6 million in financing for the expansion and renovations of Village Shalom, a continuing care retirement community (CCRC) in the Kansas City suburb of Overland Park.
SEATTLE — Ziegler, a specialty investment bank, has arranged $44.8 million in bond financing for The Hearthstone Corp. The bonds will fund an expansion at the company’s continuing care retirement community, The Hearthstone at Green Lake in Seattle.
PALM COAST, Fla. — Watercrest Senior Living has opened its newest Market Street Memory Care Residence in Palm Coast, approximately midway between Jacksonville and Orlando.
NEWTOWN, Conn. — Senior Lifestyle Corp. has broken ground on Church Hill Village, a 71-unit assisted living and memory care community in Newtown, located approximately midway between New York City and Hartford.
ROCHESTER, N.Y. — The Rochester City Council has approved the renovation plans for Cobbs Hill Village, an affordable seniors housing community in the Western New York city of Rochester.
ST. CLOUD, Minn. — Ryan Cos. US, Inc. and Great Lakes Management have announced plans for a 138-unit independent living, assisted living and memory care community in St. Cloud, approximately 65 miles northwest of Minneapolis.
CORAL SPRINGS and TAMARAC, Fla. — Harbor Retirement Associates has completed a combined $4 million remodel on two of its existing communities, HarborChase of Tamarac and HarborChase of Coral Springs.
RICHMOND, VA. — SunTrust Community Capital (STCC) has provided $11.2 million in financing for two redevelopment projects in Richmond’s historic Jackson Ward neighborhood.
PHILIPSBURG, Pa. — Presbyterian Senior Living has completed a $10 million expansion at Windy Hill Village, a continuing care retirement community in the Central Pennsylvania borough of Philipsburg.