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Opportunity:
Timber Ridge 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.
View a detailed map of this property (MapQuest).
- Property: Continuing Care Retirement Community
- Size:
301 Independent Living Units on 9.4 Acres in two phases
- Built: Phase I - February 2008
- Start Date: Pre-development Marketing begun Fall 2003
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 Click the images below for an enlarged view:



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- Ownership: Westminster-LCS III LLC, Owned in joint-venture with
Life Care Services, 85% Westminster Funds V (80%) and VI (20%) and 15% Life Care Services
- Equity Capital: $21,697,000
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