Overview
RiverWoods is a not-for-profit system of Continuing Care Retirement Communities in New Hampshire that offers a continuum of care from independent living to nursing care within the same campus. It operates three campuses—RiverWoods Exeter, RiverWoods Manchester, and RiverWoods Durham—guided by the RiverWoods Group, which coordinates administration and financial stability across the communities. Residents pay a one-time entrance fee plus monthly fees; as a 501(c)(3) nonprofit, any profits are reinvested in the communities to improve services, facilities, and staff rather than distributed to shareholders. The communities provide dining options, fitness centers, wellness clinics, hiking trails, and a varied schedule of social, educational, and cultural activities, with on-site healthcare options as residents’ needs change; the goal is reliable, high-quality senior living with accessible healthcare and a strong sense of community across Northern New England.
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Simplify's take
What believers are saying
- Ziegler closed $65 million for RiverWoods Durham expansion on August 27, 2026.
- Kim Gaskell became COO on July 22, 2026, strengthening execution across the system.
- Exeter still holds a 5-star CMS nursing rating, with one deficiency in March 2026.
What critics are saying
- Fitch assigned RiverWoods Exeter a Negative Outlook on October 27, 2025, over debt uncertainty.
- Exeter residents sued RiverWoods on August 15, 2025, delaying the new health center.
- Exeter's 74.9% reported occupancy and September 30, 2026 license expiry pressure operations.
What makes RiverWoods unique
- RiverWoods Exeter held 97.1% average ILU occupancy across five years, per Fitch, October 2025.
- RiverWoods Durham sold all 55 Phase II homes within 11 days, in 2026.
- RiverWoods runs a rare New Hampshire nonprofit CCRC network: Exeter, Manchester, and Durham.
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