Opportunity:
StoneRidge is a joint-venture of The Westminster Funds and Life Care Services LLC (LCS) of Des Moines, IA, the largest private owner/operator of CCRC's in the U.S. LCS is recognized as the leader in retirement planning, development and management, having completed more than 100 projects in its 28-year history without a single project failure. The typically stable, growing cash flows of CCRC's align with the quality risk-adjusted returns sought by The Westminster Funds.

The typically stable, growing cash flows of CCRC’s align with the quality risk-adjusted returns sought by the Westminster Funds. Located in the attractive coastal communities of Stonington and Mystic, CT, StoneRidge serves an extended market ranging from Fairfield County in the west to Narragansett Bay in the east.

View a detailed map of this property (MapQuest). Property: Continuing Care Retirement Community Size: 270 Independent Living Units on 28 acres in three phases Built: Phase I - November 2004 Start Date: Pre-development Marketing begun July 2000 Ownership: Westminster-LCS LLC, Owned in joint-venture with Life Care Services, 85% Westminster Funds III (55%) and IV (45%) and 15% Life Care Services Project Cost: $114,000,000 Equity Capital: $8,592,000 ← Return to previous section Click the images below for an enlarged view: By using this website, you acknowledge that you have read the terms and conditions, and will be bound by the terms hereof. Copyright ©2010 The Westminster Funds ®. All rights reserved.