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.

7979 E. Tufts Avenue
Suite 820
Denver, CO 80237
Telephone: 303.721.8755
2677 N. Innsbruck Drive
Suite A
New Brighton, MN 55112
Telephone: 612.455.0985
2030 Main Street
Suite 1300
Irvine, CA 92614
Telephone: 949.379.1202