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The Strength of Stevenson Oaks
About Methodist Retirement Communities, owner of Stevenson Oaks
✓ Serving residents since 1962, MRC is based in The Woodlands, Texas with 11 existing
communities in Bryan, College Station, Huntsville, La Porte, League City, Lufkin and
Texarkana, TX.
✓ Each community is financially self-supporting within the MRC system.
✓ MRC and its affiliate communities are 501(c)3 not-for-profits with Covenant of
Connection agreements with both the Texas Annual Conference of the United Methodist
Church and the Central Texas Conference of the United Methodist Church.
✓ MRC is home to residents regardless of religion, gender, race, creed, color, disability
and nationality.
✓ Responsible and prudent growth has made MRC one of the strongest senior living
systems in the nation and listed among LeadingAge/Ziegler top 100 tax-exempt
systems in the country. www.leadingage.org
✓ MRC system has never failed to pay an entrance fee refund due to a resident.
✓ MRC has never asked a resident to leave who outlived, through no fault of their own,
their financial resources.
Experience and strength of Greystone, developer of Stevenson Oaks
✓ Texas-based proven leader in senior living industry with over 35 years’ experience
✓ Responsible for more than 130 senior living community start-ups, redevelopments and
expansions (approximately 11,000 units) in 46 states involving more than $7 billion in
capital costs. Project budgets have ranged from $10 million to over $300 million.
✓ Management of over 50 communities throughout the country
❖ See Disclosure Statement for details on Stevenson Oaks’ financials. Resident
Deposits will provide cash reserves of approximately $17.5 million.
❖ Stevenson Oaks is regulated by the Department of Insurance to ensure sound
operations. We will file our Disclosure Statement annually.
❖ Stevenson Oaks’ construction will be financed through tax-exempt bonds. Stevenson
Oaks must meet lenders’ strict occupancy and financial covenants.