The $154.5 million expansion of Timber Ridge at Talus in Issaquah, Wash., is adding 145 independent living homes, expanding its assisted living/memory care and transitional care capacity, and adding a new aquatic center and other amenities.
Rendering courtesy of Timber Ridge
Firm will use funds to recapitalize and expand Seattle-area senior living campus
By Erin E. Porter
National Health Investors Inc. (NYSE: NHI) recently announced finalization of a $154.5 million loan to Timber Ridge at Talus, a Seattle-area entrance-fee senior living community. The Class A community, located in the southeast suburb of Issaquah, will use the funds to recapitalize and significantly expand its existing campus.
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