In 2014, Presbyterian Retirement Communities Northwest (PRCN) was a small and struggling provider with three communities in the Seattle area. Fast-forward to the present day, and the organization has rebranded as Transforming Age, serves about 10 times as many seniors, and is pursuing further innovation and expansion — including through the $150 million Olympic Tower […]
In the Pipeline is brought to you by the Senior Housing News Architecture & Design Awards. Sign up for the SHN Architecture & Design Newsletter from SHN for updates on architecture and design trends and the annual SHN Awards Competition. Construction: Planned Sonata, AEW Plan Florida Community Sonata Senior Living and AEW Capital Management are […]
Hot off the heels of a years-long, company-wide growth spurt, senior services nonprofit Transforming Age isn’t done growing and changing—not by a long shot, according to President and CEO Torsten Hirche. “We want to change the world. We want to continue to make a huge impact,” Hirche told Senior Housing News. Transforming Age—formerly known as Presbyterian […]
Tennessee CCRC Announces Affiliation With United Church Homes Uplands Village, a continuing care retirement community (CCRC) in Pleasant Hill, Tennessee, announced a new affiliation with United Church Homes (UHC), a Marion, Ohio-based national provider of senior living services. UHC’s management services company, United Church Homes Management (UCHM), will also take over management of Uplands Village. […]
Bumstead Continues Service on Brookdale Senior Living Board The board of directors of Brentwood, Tennessee-based Brookdale Senior Living will allow board member Frank M. Bumstead to continue his service, despite the board’s age restriction, according to the Nashville Post. Bumstead turned 75 in the past year, which would otherwise disqualify him from serving. His fellow […]
(Rendering of River Tower at Harbor’s Edge, located in Norfolk, Virginia— photo courtesy of Harbor’s Edge) Construction: Planned Upscale Retirement Community Tower Planned in Virginia Harbor’s Edge, a Life Plan Retirement Community in Norfolk, Virginia, announced it is building a new, $100 million, 27-story building. River Tower at Harbor’s Edge will add 138 luxury residences that […]
Transforming Age Acquires $138 Million Portfolio Transforming Age, formerly known as Presbyterian Retirement Communities Northwest, acquired an eight-property portfolio totaling more than 1,000 units for $138 million. The portfolio, located across the Twin Cities, was acquired from a joint venture between Des Moines, Iowa-based LCS and Chicago-based Harrison Street Real Estate. “Transforming Age saw the […]
