Casey’s Pond will transition to new management |

Casey’s Pond will transition to new management

Casey's Pond Distinctive Senior Living will transition to new management over the next few months.
Courtesy Photo

— Casey’s Pond Distinctive Senior Living will undergo a transition in management during the next three months, community officials have announced.

By February, the living community will be under the management of Christian Living Services, a Front Range non-profit that owns and operates three senior living communities in the Denver metro area.

Casey’s Pond was developed and has been operated since its opening by Pearl Senior Living Management, now known as Ascent Living Communities, a company Casey’s Pond officials said is “pursuing a new direction.”

Details of the contract between Casey’s Pond and Ascent are confidential, according to Casey’s Pond Board Chair Chuck Parsons.

Parsons said current Casey’s Pond Chief Executive Director Dan Shields is an employee of Ascent and will not continue with Casey’s Pond after the transition. A new CED has not yet been selected.

Parsons added Ascent is focusing on a new development on the Front Range.

“We’re so proud to have been a part of the evolution of Casey’s Pond and to have worked with a passionate staff that rolls up its sleeves every day to go to bat for residents that call Casey’s Pond home,” said Phil Shapiro, an Ascent principal, in a news release. “We will work with Casey’s Pond board members, associates and CLS to ensure a smooth transition and passing of the management baton over the next three months.”

Opened in fall 2013, Casey’s Pond’s 150 living units are now at approximately 70 percent capacity.

Parsons said filling all areas of the community to ideal stabilized occupancy of 90 percent has been challenging but was not the reason for the management change.

“Obviously, we would like to fill Casey’s Pond,” he said. “We’re probably not where we want to be, but this is the reality of our market.”

Parsons said the community’s memory care unit has been the most difficult to fill, with occupancy usually at about eight to 10 filled units out of 26.

The Doak Walker has seen the most steady rate of occupancy at about 90- to 92-percent full.

“When you open a building like this, you don’t know how fast you’re going to fill up,” Parsons said.

Parsons said the Colorado-based Christian Living Services emerged as a good fit to operate Casey’s Pond due to the organization’s experience operating similar communities elsewhere in the state.

“It’s the Colorado connection, and they certainly bring to us a wealth of management experience,” Parsons said.

Despite the CLS name, Casey’s Pond residents shouldn’t expect any changes or incorporation of religion into the community, Parsons said.

“Casey’s Pond will continue to be operated on a secular basis,” he said. “We don’t expect to have any changes in the way our facility is run.”

CLS expressed an interest in honoring the current mission of Casey’s Pond, “to be a thriving community that enriches quality of life.”

“We believe older adulthood should be filled with purpose, passion and growth,” said Camille Thompson, CLS president, in a news release. “We look forward to partnering with (Ascent) and the Casey’s Pond board of directors in achieving a smooth transition.”

With just over two years in operation, Parsons said he feels the community is still in its infancy.

“We’re extremely optimistic. We have a wonderful community and a secure, safe community. We have nothing but high hopes for Casey’s Pond.”

To reach Teresa Ristow, call 970-871-4206, email or follow her on Twitter @TeresaRistow

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