Transactions & Financings: United Church Homes & Services Rebrands; Capital Bay’s $590M European Senior Housing JV

United Church Homes and Services has a new name. The Newton, NC-based nonprofit provider is rebranding as EveryAge, in conjunction with the organization’s 50th anniversary. “While our name is changing, our mission and vision remain steadfast,” EveryAge President and CEO Lee Syria said in a statement. “EveryAge is committed to enriching lives by providing the […]

Non-profit CCRCs Affiliate To Ward Off Costs, Share Resources

After nearly three years of discussion, North Carolina-based CCRCs Friends Homes, Inc. and The Presbyterian Homes, Inc. have announced their plan to consider affiliation with one another. “This isn’t about status of any managment or manager,” said Tim Webster, president and CEO of The Presbyterian Homes, Inc. “It isn’t about the success of the boards. It’s […]