Fitch Ratings has assigned an A- rating to the expected issuance of $41.9 million of North Carolina Medical Care Commission health care facilities first mortgage revenue refunding bonds, series 2016, on behalf of Deerfield Episcopal Retirement Community.

In addition, Fitch has upgraded to ‘A-’ from ‘BBB+’ the ratings on revenue bonds issued through the North Carolina MCC on behalf of Deerfield. The Rating Outlook is revised to Stable from Positive. The key drivers of the rating revision are Deerfield’s strong occupancy, consistent growth in liquidity, solid profitability, and debt burden.

Deerfield has a long history of operations in Asheville, NC, that dates back to 1955. Deerfield maintains a national draw on prospective residents as approximately 31% of current residents come from other states in the U.S., while 24% come from other areas in NC and 45% are from its primary market area. The geographic diversity amongst prospective residents is viewed favorably and is attributed to Deerfield’s status as a “destination” CCRC. Fitch believes this regional/national draw of residents helps insulate Deerfield from local and regional economic and real-estate pressures and has led to robust occupancy levels over the last few fiscal years.

Additional information is available at www.fitchratings.com

The Best of Deerfield Arts & Crafts Show
Saturday, August 20th
Blue Ridge Room - 10 am to 4 pm

After her career as an airline stewardess with Pan American and a short time working on Wall Street prior to that, Deerfield resident Elaine Holland became an art instructor. She received a Bachelor of Fine Arts degree from Fort Wright in Spokane, Washington. Elaine enjoyed flying all over the world as a stewardess, and then traveling with her husband Bill, moving to every station to which he was assigned as an Air Liaison Officer, except Vietnam. Her life has been filled with many places and people, which has provided inspiration for her artwork. Elaine and her husband have called Deerfield home since 2011. Elaine’s artwork can be viewed at the Best of Deerfield Arts & Crafts Show.

On Sunday, September 11th 2016, the Memorial Garden at St. Giles Chapel will be re-dedicated. The first two phases of an extensive enhancement project being funded by donations will soon be completed. The enhancement project includes installation of an irrigation system, soil preparation, review of current plantings and placement of additional plantings that will provide year-round color, as well as enhancements to the entrances to the garden.

The St. Giles Memorial Garden was first dedicated on Memorial Day, May 31, 2004 and is available for use by all residents of Deerfield.

The Re-dedication Service will take place at 4 pm at St. Giles Chapel and will include garden tours, a wine and cheese reception, and special music. All are welcome to attend the service and celebration.St. Giles Memorial Garden Enhancements & Re-dedication

It is tax season once again, and the Deerfield Tax Aide project is in full swing under the leadership of Resident Judy Havard. When Judy and her husband Jim moved to Deerfield in the spring of 2011, she already had 12 years of experience as an AARP Tax Aide Worker. Recognizing that there were other AARP Tax Aides living at Deerfield, Judy pulled a team together and with the support of members of the administration team they began offering this free service in the Resident Business Office. That was 5 years ago, and this year the program expects to serve approximately 150 residents, employees, and their families.

Judy received a degree in Math & Physics from Lamar University in Texas, and then specialized in Information Technology. Her career included managing the IT department for General Electric Lighting Systems Inc. for 10 years before her retirement. Numbers are just one of Judy’s specialties - she also has a creative side, and enjoys working in the pottery studio at Deerfield. She was delighted when she sold some of her little clay mice creations, which she displayed on a cheese tray (where else would mice like to hang out?), at a street fair in Hendersonville, and the customer ordered more!

In addition to the opportunities at Deerfield, and the lovely surroundings which drew Judy and her husband to this community, it is also the people she enjoys. “Staying in your home can sometimes lead to becoming a recluse, whereas here there is constant opportunity to ‘meet & greet’, and new friends add a vitality to life.”

As much as Judy feels she has bene ted from the opportunities she’s found at Deer eld, the community has bene ted from her presence as well. In addition to her leadership as an AARP Tax Aide, she coordinated the design of the new residents website, MyDeer eld.org and maintains Judy’s List on the website. Judy’s List is a list of businesses and services that are recommended by fellow residents at Deer eld. Deer eld is the vibrant community that it is because of Judy and many others like her, who provide friendship and support to members of the community we all share.

Power of the Purse is the biggest women’s philanthropy event of the year. Bus transportation will be provided free of charge by Deerfield’s Philanthropy department.
Crowne Plaza Resort Expo Center
Tuesday, May 24th
Keynote Speaker
Dr. Mae Jemison
Astronaut, Physician, Educator, Entrepreneur, Dancer
Luncheon Tickets - $75 Bus Transportation - FREE
If you would like to be a part of this year’s event, please contact Cheryl Gettinger, cgettinger@deerfieldwnc.org or ext. 3206.

Deerfield’s commitment to the safety of its residents and employees has again been recognized with the “Lighthouse Beam Safety Award” from BB&T Insurance Services. This is the fifth year in a row that Deerfield has received the award. BB&T Insurance Services instituted the Lighthouse Beam Safety Award Program to promote the prevention of workplace injuries. Recognition is provided based on overall safety performance. Deerfield has maintained its excellent record by regularly reviewing policies and seeking to continuously improve environment, health and safety performance.

What do these activities have in common; hiking in the Alps, clowning around, flying the friendly skies, skiing competitively in Colorado, and running the New York marathon? It’s not actually what these activities have in common but who – and her name is Renee Latty. She brought all of these experiences with her when she moved into Deerfield in 2008 with her husband Howard “Scotty” Latty.

Renee’s activity list has changed over the years but hasn’t slowed down a bit!
 She continues to find more activities to dabble in, like Tap Dancing, which she learned at age 82! Along with other Deerfield Tap Dancers, she has performed at various events including Deerfield Fitness Week and the Annual Talent Show. She misses “clowning around” with the Asheville Clown Troupe, something she did for over seven years until they disbanded in 2010. She still “Clowns” with her sister, a future resident of Deerfield, for occasional performances as Raggedy Ann and Raggedy Andy. She is Raggedy Andy of course! Face Painting is still something she enjoys doing as a volunteer both at Deerfield and in the community.


A new craft she has learned at Deerfield is pottery. Renee uses the hand built technique and works alone or with fellow artists in the Deerfield Pottery Studio. Among her creations are lanterns, bird houses, dishes, mugs and bowls but her best, and most sold items are her hand crafted pendants for necklaces. You can see her work at the Best of Deerfield Art & Craft Show & Sale in April, or the Annual Deerfield Art Sale in November.

Renee and her husband didn’t think they were ready for a move to a retirement community and worried it was too soon, but she now says “It’s the best thing we ever did because we are able to participate in soooo much more than we ever imagined – not just because we are physically able to do it but because there is so much here!”

• Construction of the first cottage in Phase I is well underway and the walls are going up!
• Watch the progress of the construction on Deerfield’s webcam on our website.

For many residents, the decision to move to Deerfield may be our amazing Wellness Center, for others it is the beautifully landscaped, walkable campus. But for Joe Pawlick, Deerfield resident of 3 years, the woodworking center was the main draw.

This time of year, you’ll find him busy as an elf in the woodshop creating toys that he distributes each year to such organizations as the Salvation Army, Toys for Tots and Eliada Homes in Asheville. “I spend 20-30 hours a week in the woodshop, and I knew that this facility had to be first class,” said Joe.

Joe’s toy-building began about 25 years ago when the Tennessee Valley Woodworkers asked each of their members to make a toy for the “toys for tots” program. Joe, then a resident of Estill Springs, Tennessee, and a model and furniture builder for over 60 years, settled on a sturdy, all wood truck design.

That design was modified over time to increase its ruggedness, and Joe has since added school buses, locomotives,bulldozers, and even doll cradles and finely crafted jewelry boxes to his portfolio of designs.

Joe’s original truck donation 25 years ago to his woodworkers group has become an annual obsession for him. Again this year, he will be happily crafting his trucks and locomotives, and anticipating how his handiwork will bring a little extra cheer to a deserving child’s Christmas.