Category Archives: CCRC Info

ZIEGLER CLOSES $62,420,000 FINANCING FOR PARKSHORE JUANITA BAY (WA)

Thanks to Dan S. DATE: AUGUST 2024 DEAL: NEW COMMUNITY ZIEGLER’S ROLE: UNDERWRITER ZIEGLER CLOSES $62,420,000 FINANCING FOR PARKSHORE JUANITA BAY (WA) CHICAGO, IL – AUGUST 29, 2024 – Ziegler, a specialty investment bank, is pleased to announce the successful … Continue reading

Posted in Business, CCRC Info, Communication, Finance | 1 Comment

What will be the impact of Parkshore at Juanita Bay in Kirkland on Skyline and Parkshore in Seattle?

There is a new venture by TA coming to the Eastside: “A Life Plan Community (also known as a Continuing Care Retirement Community or CCRC) offers the security of knowing you’ll have care options, at reduced and predictable rates, if … Continue reading

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Charity Navigator’s review of Presbyterian Retirement Communities Northwest (aka Transforming Age)

The Charity Navigator organization rates non-profits with a variety of measurements. Transforming Age is listed as Presbyterian Retirement Communities on the Charity Navigator website and on Transforming Age’s form 990. This form contains information that most organizations claiming federal tax-exempt status … Continue reading

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Monthly Update Meetings

I hope you didn’t miss the update meeting today. I hope you were there to hear about CAPE employee awards, new management staff introductions, flu shots, the COVID booster, RSV shots, Heidi’s vacation or Roger’s standup! Please pass the word … Continue reading

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January Skyline quarterly residents’ association meeting – on video

Thanks to Put B. and the staff To find the recent SRA quarterly meeting, one scrolls down to the section titled “Videos” on Caremerge and expands it to show subtitles.  One of them is 2023 Videos, with a blue highlight … Continue reading

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Transforming Age to Open Second Headquarters In Support of Growing Footprint, Adds 10 Managed Communities

Publicly posted on Linkedin October 13, 2022 – Seattle, Wash. –Today, Transforming Age announced that in December it will open a second headquarters (“HQ2”) in Omaha, Nebraska along with the addition of 10 third-party managed communities to its growing portfolio, now … Continue reading

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What Baby Boomers Want (Options!), Senior Housing Delivers

Thanks to Put B. By Linda Baker in the NYT The pandemic crushed the senior housing market, cutting occupancy rates and stalling construction. Now, as the market begins an uneven rebound, developers are adapting to the coming wave of aging baby … Continue reading

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Budget Signed by Governor Includes Study of Insurance Oversight of CCRCs

Ed note: If you haven’t yet joined WACCRA (Washington Association of Continuing Care Retirement Communities), please consider doing so. This organization advocates for rights and protections for those of us residing in CCRCs–a relatively new concept that is just beginning … Continue reading

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Parkshore plans to link across Lake Washington to Juanita Bay

Ed note: This information is from TA’s web site and an advertisement is Sunday’s Seattle Times. INTRODUCING PARKSHORE JUANITA BAY COMING SUMMER 2025 BY LAKE WASHINGTON’S JUANITA BAY, A NEW AND EXCITING OPPORTUNITY AWAITS FOR THOSE 62 AND BETTER. Located … Continue reading

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Transforming Age’s Bond Rating Analysis (stable at BB) from Fitch

Ed note: The following is published on Transforming Age’s web site. Read in detail if you’re interested in the formation and growth of of TA, Inc.; the transfer of funds from the Obligated Group to TA, Inc.; and the stability … Continue reading

Posted in CCRC Info, Finance | 1 Comment

WACCRA – please visit their web site and join!

From a recent WACCRA email. We are thrilled to announce that the year-long update of our website, waccra.org, is complete! We encourage all our members to go take a look as soon as you can because you will love the … Continue reading

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Important information for CCRC residents!

Have you visited the WACCRA website? Are you a member? Hope you are involved! Here’s the link to get started: http://www.waccra.org/home.html

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Possible sister community to Parkshore in Kirkland

Ed note: The memo below from Parkshore’s ED was forwarded to me by a friend. Now a public document, it received considerable discussion at Skyline’s meeting yesterday which left many unanswered questions. I think the hope is that our parent … Continue reading

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Diagnosed with dementia, she documented her wishes for the end. Then her retirement home said no.

Ed Note: A common fear in aging is the onset of dementia–something not unfamiliar to all of us. Should we all have a dementia directive–the answer in my opinion is “yes.” But will it be honored–the answer is “it depends.” … Continue reading

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Report from WACCRA – hope we all join!

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WACCRA Consumer Guide to CCRCs in WA State

Below is a document put together by WaCCRA which is well worth reading and keeping as a reference guide. Thanks to Donna K at Emerald Heights for heading up the effort to create Washington’s first CCRC guide!

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WACCRA “news” update and correction

Obviously the report submitted earlier today came from unidentified “fake news” sources. We’ve actually just received even more unbelievable news. Oh my, it’s so hard to know what’s real. “Leading Age has disbanded and endorsed all of WACCRA’s platforms. In … Continue reading

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Key Points for Legislators concerning SHB1296

Below is a summary of key points from WACCRA leadership to help refute the obfuscating opposition to the CCRC legislation in process in the State Senate. 1296 has already passed the house and is opposed by Leading Age even though … Continue reading

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Boomers Create a Surge in Luxury Care CCRCs

Thanks to Put B for finding this article. The fact that there are very limited laws in Washington State governing CCRCs remind me that joining WACCRA is a very good way to have a voice in our futures. Rich Gifford, … Continue reading

Posted in CCRC Info, Finance, Law | 3 Comments

$upport Our $taff!

Our $O$ campaign is in high gear! Remember, we’re aiming for 100% resident participation! So far, 81% of our residents have contributed to this fund to express our thanks to our valued employees. Place your check payable to the Skyline Residents’ Association … Continue reading

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IRS Form 990 for Non-Profit Organizations

Every not-for-profit CCRC is required to file a Form 990 with the Internal Revenue Service. These are public documents, available on the internet – click here for the link. We are listed under Presbyterian Retirement Communities Northwest.

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WACCRA meets at Skyline

Ed note: Yesterday we had an excellent overview of the Ombuds Bill which WACCRA has sponsored in the upcoming legislative year in Olympia. Nicole Macri our Representative from the 43 District spoke about her sponsorship and support for the bill. … Continue reading

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A Retirement Home’s Lessons in How to Keep in Touch

Marilyn Webb sent this NYT Op Ed piece along. “Is this us too?” Yes I think so given the way each floor and each apartment shelf is decorated in such a unique way. “A couple of years ago, my parents moved into … Continue reading

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