Cordes & Company

Financial advice benefits troubled West Seattle CCRC

The only not-for-profit continuing care retirement community in West Seattle was poorly run and unable to service its debt.  The 240-unit facility includes 150 units of independent living 60 of assisted living and 30 of skilled/memory care living.  To evaluate its financial, marketing and strategic plans, the CCRS engaged Cordes & Company as financial advisor, to provide a complete financial, marketing and strategic plan assessment.  Cordes conducted the assessment and prescribed a number of options for improvement.  The CCRC continues to serve the seniors of the West Seattle neighborhood.

California
2030 Main Street
Suite 1600
Irvine, CA 92614
Telephone: 949.379.1202
Colorado
5299 DTC Boulevard
Suite 815
Greenwood Village, CO 80111
Telephone: 303.721.8755
Minnesota
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.6027
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