Enso Village, the $300 million life plan community under development from Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, now has the majority of its capital stack in place to begin construction. Chicago-based investment bank Ziegler closed on a $297 million bond debt package on behalf of the joint venture. The bonds were […]
Covenant Living Communities and Services
Covid-19 is forcing senior living providers to reassess their strategic planning, and many are not waiting for the pandemic to subside to adapt. Notably, large nonprofit providers such as Asbury Communities and Covenant Living Communities & Services are learning to be more nimble with their strategic plans, prioritizing a handful of improvements that can be […]
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Continuing care retirement communities face unique challenges in responding to the Covid-19 pandemic. Their large sizes, multiple entry points, varying levels of care acuities and layers of government regulations place added pressures on ensuring the safety of residents and containing the spread of the virus if someone tests positive. But providers can adapt their communicable […]
Senior Quality Lifestyles acquires Indiana CCRC for $61M Cushman & Wakefield arranged the $61 million sale of Barrington of Carmel, a 267-unit continuing care retirement community in the Indianapolis suburb of Carmel, Indiana. Cushman & Wakefield Senior Housing team of Allen McMurtry, David Kliewer and Paul Carr represented an affiliate of Addison, Texas-based Senior Quality […]
What’s in a name? For many senior living providers, a whole lot. Across the country, senior living companies are refreshing their corporate branding, and in the process dropping age-related words from their names such as “retirement” and “senior.” Recent examples include Skokie, Illinois-based senior housing nonprofit Covenant Retirement Communities rebranding as Covenant Living, and Franklin, Tennessee-based Vitality Senior […]
One of the largest senior housing non-profits in the U.S. will soon have a new name and logo. Covenant Retirement Communities is set to change its name to “Covenant Living Communities and Services” in 2019, according to an announcement sent Tuesday. The rebranding also includes a new tagline, “Live With Promise,” and a logo that incorporates […]
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