Mt. Bachelor Memory Care (Bend, Oregon) will break-ground in 2011 and open in 2012 near Hwy 97 and Powers in Bend, Oregon. "Frontier is very excited about this opportunity to expand its reach in Central Oregon with its third community in Bend," commented Greg Roderick, CEO of Frontier. Mt. Bachelor Memory Care will offer 56 apartments for senior citizens with Alzheimer's disease or other related forms of dementia. The community will feature four courtyards, activity kitchens, pet and other therapies, a professional staffing program and will boast features and décor to compliment Central Oregon. "This will truly be a wonderful community for the residents.
Colleen Papp has been named Regional Vice President for Frontier Management, LLC. Ms. Papp has extensive operating and marketing experience with both Marriott Senior Living and Belmont Senior Living, both nationally recognized leaders in healthcare and senior living. Ms. Papp will place her attention and energy on Oregon properties.
Frontier Management, LLC recently completed four Fannie Mae DUS Seniors refinancing totaling $26,463,800 from RED CAPITAL GROUP, LLC, one of the nation's top providers of capital to the Seniors Housing industry. The communities involved in the refinancing transactions were Where The Heart Is, a 59-unit assisted living/memory care facility located in Burlington, Washington; Homeplace Special Care Center at Burlington, a 31-unit memory care facility located in Burlington, Washington; Homeplace Special Care at Oak Harbor, a 25-unit memory care facility located in Oak Harbor, Washington; and Monterey Court, a 24-unit memory care facility located in Happy Valley, Oregon.
Greg Roderick, Chief Executive Officer of Frontier Management, LLC said, "The team at Red Capital was tremendous to work with on these refinancings. They were professional and experienced financing leaders and we are fortunate to have had them represent us and deliver such a wonderful outcome."
Casey N. Moore, Senior Managing Director of Red Mortgage Capital, LLC stated, "Frontier Management is a premier regional senior housing operator. Red is pleased to have had the opportunity to provide cost effective long-term financing for Frontier through Fannie Mae's Seniors Housing product. Providing services for memory care is critical to our aging population. Red and Fannie Mae look forward to our continued support of clients such as Frontier."
RED CAPITAL GROUP, LLC (RED), through three operating companies (Red Mortgage Capital, LLC, Red Capital Markets, LLC and Red Capital Advisors, LLC), provides debt and equity capital to the multifamily, student and seniors housing, and health care industries. RED is committed to being the nation's premier provider of capital across the spectrum of projects ranging from independent living and assisted living through skilled care and community hospitals.
Round Rock's newest memory care community, University Village Memory Care, is officially under construction. "This community is greatly needed in the Round Rock and greater area for families seeking a warm, caring, professional and compassionate residence for their loved ones whom deserve to enjoy their lives safely while receiving the assistance they need," stated Paul DeNucci, lead partner and general contractor of the project. University Village will offer care and housing to 50 residents whom are living with Alzheimer's Disease or other related forms of dementia. "This community has been one we have been designing and planning to develop and bring to the Round Rock area for nearly a year. The residents will benefit greatly by the level of staffing, the activities and lifestyle programs, outstanding care giving and how we truly care for each person," expounded Greg Roderick, CEO of Frontier Management and partner in the project. University Village Memory Care will feature four neighborhoods, each with a therapy kitchen, living and dining spaces, a television lounge and outdoor spaces. Further, the community will feature a beauty/barber shop, large courtyards, pet therapy, family support group programs, short-term respite stays, a spa room and much more. Opening in Summer 2011, University Village Memory Care officially coming soon.
Frontier Management, LLC is pleased to announce that it has been selected to become the management company for Oak Hill Senior Living, a Retirement Community, located at 4255 Spencer Street in Las Vegas, Nevada. "We are very happy to become a part of the Las Vegas community and a part of the lives of the residents of Oak Hill," stated Greg Roderick, Frontier's CEO. Oak Hill Senior Living has 121 apartments for retirement living which includes three delicious meals daily, weekly housekeeping services, utilities (except extended cable television and personal telephone), maintenance, a variety of scheduled activities and much, much more. "We look forward to making a positive difference at Oak Hill and being a part of its future." Concluded Roderick.
Three partnerships lead by Greg Roderick, Frontier's CEO, closed on a Fannie Mae DUS refinancing package. The financing was originated and secured through Red Capital. "The team at Red Capital were tremendous to work with on this three property refinancing package," stated Roderick. The terms for this $18,850,000 loan are a 5.62% fixed rate for 10-years. "Casey Moore and Doug Harper are professional and experienced financing leaders and we are fortunate to have had them represent us and deliver such a wonderful outcome." concluded Roderick. The properties are located in Burlington and Oak Harbor, Washington and consist of assisted living and memory care apartments.
A ground breaking ceremony was held in Tigard, Oregon to commemorate the launch of construction activities for Washington Gardens Memory Care Residence. "Washington Gardens will provide a beautiful and state of the art environment for up to 48 residents whom will receive comprehensive care delivered by an outstanding dedicated team whom are only interested in serving seniors with Alzheimer's disease and other related forms of dementia. We are grateful to have such terrific partners, contractors and lenders on this community and very much look forward to the opening in late spring 2011," stated Greg Roderick, Frontier Management's CEO.
Frontier Management, LLC is pleased to announce the appointment of Connie Lowther as Regional Vice President for the Mountain Region which includes Arizona, California, Colorado, Idaho and Eastern Oregon. Mrs. Lowther will maintain an office in Albuquerque, New Mexico. "The appointment of Connie will only further our expansion capabilities and provide the added experience and leadership that Frontier Management has been built upon," noted Matthew Dunham, Frontier's Chief Operating Officer.
Construction began on the expansion of Pelican Pointe Assisted Living and Memory Care to add an additional 24 apartments onto the memory care community. "This expansion demonstrates the commitment which Pelican Pointe and its team have for those with dementia or other forms of Alzheimer's disease. Further, there is additional demand for more apartments for memory care," stated Greg Roderick, Frontier Management's CEO. The expansion project is expected to be open on or around the end of 2010 or very early 2011.
Frontier Management, LLC has been selected to manage Princeton Village Assisted Living in Clackamas, Oregon. Princeton Village Assisted Living, a 53-unit assisted living community, is located at 14370 SE Oregon Trail Drive, Clackamas, OR 97015. "We are proud to represent and manage this terrific assisted living community and to welcome them into the Frontier family of communities. This is a wonderful relationship and we feel that we will bring many good services and a caring atmosphere to the great team and residents of Princeton Village Assisted Living," stated Greg Roderick, Frontier's CEO.
The Pavilion at Great Hills held its Grand Opening Celebration in Austin, Texas where nearly 500 guests came to tour, congratulate, and secure their apartment for residency. "What a tremendous turnout for this wonderful community," stated Greg Roderick, Frontier's CEO. "We are so fortunate to have such a great team, such a beautiful and needed community and so much support." Roderick further commented. The Pavilion at Great Hills offers 116 units of Assisted Living and 23 private apartments for Memory Care. "Terrific entertainment, outstanding culinary displays by our own staff, wonderful tours, and very happy guests were abundant at this milestone event." concluded Roderick.
Arbor Oaks Terrace Memory Care hosts its Grand Opening Celebration. On a sunny and warm Sunday, nearly 350 people toured the newest memory care community in Newberg, Oregon, with entertainment, a wine pouring by Four Graces Winery, a speech by Newberg Mayor Bob Andrews and many more features to welcome and dedicate a day honoring a beautiful and compassionate care center.
"We want to thank all whom have been involved," stated Administrator Janie Kellett, "and my staff are here to serve the needs of the residents." Two family members spoke at the ribbon cutting ceremony to describe what their personal stories have been and why they selected Arbor Oaks Terrace.
"I want to recognize our First Responders, the Newberg Fire Department, for coming today and for their involvement in the safety of our residents," stated Greg Roderick, Frontier's President. "I have a personal check made out to Newberg Fire for $1,000 as a donation to your wonderful team and wish to thank you for all that you do." Many people spoke in recognition to those involved in the creation of Arbor Oaks Terrace and shared their thoughts as to how wonderful it was to have it in Newberg.
The Pavilion at Great Hills is officially open! The Pavilion at Great Hills is a 116-unit assisted living and 23-unit memory care community located at 11819 Pavilion Blvd., Austin, Texas 78759.
Arbor Oaks Terrace Memory Care officially opens its doors! "We are so happy to announce that Arbor Oaks Terrace Memory Care Residence is officially licensed and open!" stated Janie Kellet, Administrator of Arbor Oaks Terrace. "The entire staff has been preparing for this day for several months and our doors are open to provide compassionate care and outstanding service." Arbor Oaks Terrace, located at 317 Werth Blvd., Newberg, OR, will be the home of 48 residents whom are suffering from Alzheimer's Disease or other related forms of dementia. "This property in Yamhill County is one of a kind and like no other in the area," stated Greg Roderick, Frontier's CEO. "We have been working toward this day for many years and we are so proud of how well it turned out. The staff are outstanding, the building is beautiful and the local businesses and neighbors have been very supportive. This is a wonderful day in our Company."
Washington Gardens Memory Care Residence Residence is expected to break-ground on or around August 1, 2010. “Washington Gardens will be a welcomed addition to the City of Tigard and to the demand for additional quality, caring and carefully designed communities for those with memory care needs,” stated Greg Roderick, CEO of Frontier Management and a partner in the development. The construction loan is being provided by CW Capital and HUD, Seabold Construction is the General Contractor and LRS Architects is the designer. The project will open in June 2011. The property will house and provide caring services to 48-residence and will be Frontier’s 7th Portland Metro Area assisted living or memory care community.
University Village Memory Care Residence is expected to break-ground on or around July 1, 2010. This 50-unit memory care community is especially designed for those senior citizens whom have Alzheimer’s Disease or other related forms of dementia. “Bringing a purpose-built property, which has been designed with the residents needs and comforts fully considered, to the Round Rock community is very exciting,” stated Greg Roderick, Frontier Management’s President & CEO. The project is expected to open in May 2011.
Cedarhurst of Shiloh has officially secured financing and is under construction. The 87 unit property (56 apartments of assisted living and 31 apartments of memory care) is expected to open in early 2011. “We are pleased to have secured a HUD loan on this magnificent community,” stated Greg Roderick, CEO of Frontier Management. “Our relationship with Joshua Jennings and his Metro Asset Group has proven positive. Cedarhurst of Shiloh is sure to be one of the best communities for those seeking high quality assisted living services and/or compassionate and outstanding memory care for themselves or a loved one.” Roderick continued. With Cedarhurst of Shiloh, Frontier Management will have 3 properties in Southern Illinois under management.
Frontier Management, LLC has been selected to represent and manage Lakeside Chateau Memory Care Residence, a 48 bed memory care facility located at Glenroy Place off Mountain View Drive in Reno, Nevada. The new memory care community is expected to break-ground in April 2011 and open early 2012. United Construction will be the General Contractor; Jeffrey DeMure and Associate is the lead Architect and Frontier Management will manage the community.
“This is an exciting development and relationship and a truly unique property in a fantastic location,” says Greg Roderick, Frontier’s CEO. “It is sure to become an integral part of the Reno community and provide a needed service with a quality facility in a superb location. We see Lakeside Chateau as quickly becoming the premier memory care provider in Nevada County and a tremendous addition to Reno. In our opinion, Lakeside Chateau Memory Care will be one of the finest memory care communities in Nevada, and we are proud to be part of creating this special community for the residents of Reno.”