Country Meadow Village Program Director awarded Chamber’s Volunteer of the Year

IMG_4319Country Meadow Village Program Director David Bricka was announced as Volunteer of the Year by Burlington Chamber of Commerce. The award was presented at a special luncheon.

“The recipient of the Volunteer of the Year Award is someone who continuously gives their time, skills, and leadership all while supporting the mission of the Chamber and making for a better business community. You see this individual at nearly every event in Skagit County, always greeting you with the warmest welcome and a smile. We are honored to award David Bricka of Country Meadow Village Volunteer of the Year.”

Village Concepts donates $32,000 to the Des Moines Legacy Foundation

Accepting the check for the Des Moines Legacy Foundation, left, vice president Yvonne Nutting, center, secretary Patrice Thorell, right, Tracy Willis, Director of Corporate Development for Village Concepts
Accepting the check for the Des Moines Legacy Foundation, left, vice president Yvonne Nutting, center, secretary Patrice Thorell, right, Tracy Willis, Director of Corporate Development for Village Concepts

At the January 14th city council meeting, Village Concepts donated $32,000 to the Des Moines Legacy Foundation.  This 501c3 foundation, formed in 1999 to support Des Moines parks, recreation and senior services will use the funds to support the community’s programs and services for older adults.

“We’re honored to become a part of the fabric of the growing Des Moines community,” said Stuart Brown, Village Concepts CEO. “We’re excited to offer the Adriana as the premier community retirement location in the Des Moines area.”

The opening of The Adriana will help fulfill the need for affordable housing for seniors and contribute to the revitalization goals of Des Moines’ marina district. Residents of the new independent senior apartment complex will be able to stroll through the nearby Saltwater State Park, visit the public library or take classes at Highline Community College. The Adriana will feature 119 units spanning across five stories and is slated to open fall of 2016.

National Health Investors Acquires Independent Living Community for $9.8 Million in Washington State

NHI_Senior_Housing2CHEHALIS, WA – National Health Investors announced that it has acquired a 98-unit independent living community in Chehalis, Washington, located approximately 40 miles outside Olympia, and leased the community to a partnership between Marathon Development and Village Concepts Retirement Communities.

The total investment in the community will be $9.8 million including $350,000 for capital improvements. The lease is for a period of 15 years at an initial annual rate of 7.25% plus annual escalators from 2% to 3%. The acquisition was funded with borrowings on NHI’s revolving credit facility.

“We are excited to announce this new relationship with Marathon and Village Concepts,” said Eric Mendelsohn, NHI’s CEO and President. “Village Concepts has extensive experience in providing senior living community management and a commitment to providing each resident with independence and security. Marathon is led by a team with extensive real estate experience in project development, acquisitions and financing of senior communities. We believe this combination will provide a solid, productive collaboration and an excellent addition to our portfolio.”

National Health Investors is a real estate investment trust specializing in sale-leaseback, joint-venture, mortgage and mezzanine financing of need-driven and discretionary senior housing and medical investments. NHI’s portfolio consists of independent, assisted and memory care communities, entrance-fee retirement communities, skilled nursing facilities, medical office buildings and specialty hospitals.

S-W assisted living donates to kitchen

Country Meadow Village residents and staff donated $2,250 to the Open Door Community Kitchen at the assisted living facility’s annual Christmas party. They also donated $500 to the Skagit Valley Herald Christmas Fund.

The funds were raised through the facility’s Holiday Bazaar and Buffet, Community BBQ and Kathy’s Kloset, a revolving rummage sale that staff member Kathy Richter coordinates and organizes.

Country Meadow Village has donated $12,000 to various local organizations over the last 7 years, according to facility news release.