Presbyterian Homes

What Presbyterian Homes does

Presbyterian Homes, operating as Presbyterian Living, is an Illinois-based not-for-profit organization founded in 1904 that operates four Life Plan Communities (continuing care retirement communities) in the Chicago metropolitan area: Lake Forest Place, The Moorings of Arlington Heights, Westminster Place, and Ten Twenty Grove. The communities collectively comprise 1,396 units/beds and serve older adults across the full continuum of care, including independent living (cottage homes, apartments, and townhouses), assisted living, memory support, skilled nursing, rehabilitation and therapy, and respite care. The Moorings is the only nonprofit Life Plan Community in Arlington Heights and has an independent living expansion slated for 2027.

The business model is recurring in nature: residents pay ongoing residential fees (and, at most communities, an entrance fee) under continuing-care-style contracts that bundle housing with access to higher levels of care as needs evolve, supplemented by per-service charges for assisted living, memory support, skilled nursing, and rehabilitation. The organization employs between 1,001 and 5,000 people and is headquartered in Skokie, IL. Distribution is purely direct-to-consumer: a corporate website with community-specific inquiry forms feeds on-site tours and admissions at the four communities, with no third-party channel partners.

Financially, Presbyterian Living is investment-grade rated A- (Stable) by Fitch and has executed five tax-exempt bond financings through the Illinois Finance Authority since 2016, most recently a $61,555,000 refinancing (Series 2026A closed April 2026; Series 2026B expected August 2026) led by Ziegler. Revenue is not publicly disclosed, but the 1,396-unit/bed footprint, multi-community Chicago-area presence, and large recurring-fee revenue model imply operating revenue well in excess of the company's refinancing scale. Technology and AI/ML capabilities are not described in available sources; the company's competitive moat rests on its not-for-profit status, 120-year operating history, the high switching costs inherent to the CCRC model, and tax-exempt capital access.

Name

Presbyterian Homes

Legal name

Presbyterian Living

Website

https://presbyterianhomes.org

Company type

Private

Founded year

1904

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Presbyterian Homes (dba Presbyterian Living) is a 1904-founded Illinois not-for-profit operating four Chicago-area Life Plan Communities—Lake Forest Place, The Moorings of Arlington Heights, Westminster Place, and Ten Twenty Grove—serving older adults across independent living, assisted living, memory support, skilled nursing, and rehabilitation across 1,396 units/beds.

Ownership category

akta.pro rank

Product category

Senior Living Services

NAICS

Continuing Care Retirement Communities (623311)

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Large Campus / Multi-Building Assisted Living Communities (HLADABAG)

akta.pro secondary industries

Market-Rate Independent Living (Private Pay) Communities (HLADAAAA), Assisted Living with Enhanced Care / High-Acuity (Aging-in-Place) (HLADABAC)

Keywords

• Senior living services
• Continuing care retirement
• Assisted living facilities
• Memory care support
• Skilled nursing care

Headquarters

HQ city

Skokie

HQ country

United States

HQ region

North America

Offices5 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Senior Living Residential Fees: Presbyterian Living generates revenue through residential fees charged to residents of its four Life Plan Communities. These include independent living rentals, entrance fees (at some communities), and continuing care contracts that bundle housing with access to higher levels of care as residents' needs evolve over time.
2. Healthcare and Support Services: Additional revenue streams are derived from higher-acuity care services including assisted living, memory support, skilled nursing, and rehabilitation/therapy services provided within the communities. These services are billed on a recurring basis aligned with the level of care required.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Presbyterian Homes operates four Life Plan Communities in the Chicago metropolitan area, providing independent living residences (cottage homes, apartments, townhouses) bundled with a continuum of senior health services, including assisted living, memory support, skilled nursing, rehabilitation and therapy, and respite care. Residents contract for housing plus priority access to escalating care levels, enabling aging in place as needs evolve. The organization manages 1,396 units/beds across 1,001–5,000 employees.

Product overview

Presbyterian Living operates four Life Plan Community senior living communities near Chicago (Lake Forest Place, The Moorings of Arlington Heights, Westminster Place, and Ten Twenty Grove), offering a continuum of care from independent living through skilled nursing. The communities provide various residence types including cottage homes, apartments, and townhouses, with access to assisted living, memory support, rehabilitation, and respite care services. Founded in 1904, the not-for-profit organization manages 1,396 units/beds across its system.

Differentiator

Problem solved

Functional benefit

Brands

• Lake Forest Place: Life Plan Community offering independent living with luxury in a North Shore neighborhood, located at 1100 Pembridge Drive, Lake Forest, IL 60045.
• The Moorings of Arlington Heights
• Westminster Place
• Ten Twenty Grove

Products and services

• Lake Forest Place Life Plan Community at 1100 Pembridge Drive, Lake Forest, IL 60045, offering independent living (cottage homes, apartments, townhouses) with access to a full continuum of senior health services in a desirable North Shore neighborhood.
• The Moorings of Arlington Heights The only nonprofit Life Plan Community in Arlington Heights, located at 811 East Central Road, Arlington Heights, IL 60005, offering independent living, assisted living, memory support, skilled nursing, rehabilitation, and respite care in a close-knit community near Chicago.
• Westminster Place Life Plan Community at 3200 Grant Street, Evanston, IL 60201, offering independent living residences (cottage homes, apartments, townhouses) within a culturally vibrant community engaged in arts, creativity, and rich social connections.
• Ten Twenty Grove Senior living community at 1020 Grove Street, Evanston, IL 60201, offering a unique rental agreement providing full financial flexibility and vibrant lifestyle in the Chicago suburbs with access to long-term care, suited for solo agers and those preferring rental over entrance-fee contracts.
• Independent Living Self-directed living option within Presbyterian Living's Life Plan Communities offering cottage homes, apartments, and townhouses for seniors without assistance needs, with access to community amenities and programming.
• Assisted Living Assistance with certain daily living tasks (bathing, dressing, medication management) for residents who need support while maintaining independence, available within Presbyterian Living's Life Plan Communities.
• Memory Support Specialized care for individuals living with memory-related conditions including Alzheimer's disease and other forms of dementia, delivered within Presbyterian Living's Life Plan Communities.
• Skilled Nursing Professional nursing care services for residents requiring medical supervision and clinical care, delivered within Presbyterian Living's Life Plan Communities.
• Rehabilitation & Therapy Therapeutic services to help residents recover and maintain physical abilities, including post-acute rehabilitation for recovery after hospitalization or surgery, delivered on-site at Presbyterian Living's communities.
• Respite Care Short-term care services providing temporary relief for primary caregivers of older adults, available within Presbyterian Living's Life Plan Communities.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• UnitedHealthcareminorOthersUnitedHealthcare creates and publishes machine-readable transparency-in-coverage files on behalf of Presbyterian Living, fulfilling regulatory requirements under the federal transparency-in-coverage rule for health insurance issuers. This is a compliance obligation rather than a strategic partnership.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• LifeSpace Communities: Not-for-profit CCRC and Life Plan Community operator headquartered in the Midwest serving multiple states. Closely comparable to Presbyterian Living as a mission-driven nonprofit operator offering the full continuum of care (independent living through skilled nursing), with similar governance and capital structure via tax-exempt bonds.
• Life Care Services (LCS): National third-party management company for Life Plan Communities/CCRCs, including many nonprofit communities. Comparable as a peer through shared CCRC operating model and customer base, though LCS is a management partner rather than a single-site owner-operator.
• Senior Lifestyle: Mid-sized operator of independent living, assisted living, and memory care communities with a presence in the Chicago metro and broader Midwest. Comparable as a regional multi-community senior living operator offering a continuum of care across the same price points and geographies.
• Belmont Village Senior Living: Operator of upscale senior living communities including independent living, assisted living, and memory care, with locations in Illinois. Comparable as an operator serving similar higher-acuity assisted living and memory support customers, though primarily a for-profit company.
• Pacific Retirement Services: Not-for-profit operator of continuing care retirement communities and Life Plan Communities across the western and central United States. Comparable as a mission-driven nonprofit CCRC operator with a similar tax-exempt bond capital structure.
• CC Young Memorial Home: Not-for-profit CCRC in the Dallas area offering independent living, assisted living, memory care, and skilled nursing. Comparable as a smaller nonprofit Life Plan Community operator with a similar care continuum and revenue model, though in a different geography.

Broad incumbents

• Brookdale Senior Living: Largest operator of senior living communities in the United States, offering independent living, assisted living, memory care, and skilled nursing. Comparable as a senior housing operator in the same product/customer category, though at national for-profit scale rather than a regional nonprofit.
• Sunrise Senior Living: National operator of assisted living and memory care communities with a strong presence in Illinois and the broader Midwest. Comparable as a scaled assisted living operator serving similar customers with overlapping service lines, though focused on assisted living rather than the full CCRC continuum.
• Atria Senior Living: National for-profit operator of independent living, assisted living, and memory care communities, with a large footprint in the Chicago metro. Comparable as a senior living operator serving similar residents across overlapping service tiers, though at broader geographic scale.
• Five Star Senior Living: National operator of independent living, assisted living, and memory care communities across multiple states. Comparable as a multi-community senior housing operator with similar service mix and customer base, though structured as a REIT-affiliated for-profit company.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/PresbyterianHomesIL
• Xx.com/presbyhomes
• LinkedInlinkedin.com/company/presbyterian-homes

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Presbyterian Homes