homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


print  email to a friend  reprints add to mydjc  

August 23, 2024

Emerald Heights

For the 13th consecutive year, Emerald Heights, a senior living community in Redmond, received an ‘A-' rating from Fitch Ratings. The ‘A-' rating is a reflection of Emerald Heights' financial profile, market position, high occupancy rates, and growth opportunities. In 2023, Emerald Heights began construction on its new independent living facility, which opened in April 2024. Emerald Heights is now in process of constructing its assisted living expansion project which is expected to be completed by the end of the calendar year with expected opening in 2025. The assisted living project, FirView, will offer 54 apartments, a new dining area, activity rooms, an outdoor patio, under-building parking, and a sky bridge to connect the main buildings. It has an approximate cost of $51 million. Overall, both projects have been largely on budget and on-time. Emerald Heights, sponsored by Emerald Communities, is a not-for-profit senior housing and services organization .




Email or user name:
Password:
 
Forgot password? Click here.