CCRCs / Life Plan Communities
Occupancy at continuing care retirement communities is trending upward overall, but some types of communities are experiencing higher rates than others, according to the National Investment Center for Seniors Housing & Care.
A $240 million financing on which HJ Sims is the lead underwriter is the largest fixed-rate public bond issue for a single-site continuing care retirement community, according to the privately held investment bank and wealth management firm.
Continuing care retirement communities plan to raise their monthly fees for existing independent living residents an average of 3.1% in 2018, according to a recent poll of 160 chief financial officers of not-for-profit senior living communities and financial professionals by specialty investment bank Ziegler.
Ten months after breaking ground on a project intended to attract baby boomers and others looking for a different environment in which to age, nonprofit BHI Senior Living has sold all 30 duplexes in an expansion of its Hoosier Village continuing care retirement community in Indianapolis, and the first residents are moving in.
A five-year study of more than 2,000 life plan community residents by the Mather LifeWays Institute on Aging and Northwestern University will try to determine the effects that living in such a community has on residents' long-term health and wellness, the institute announced Tuesday.
The effects of a minimum wage increase on assisted living and continuing care retirement communities, and their workers, are multifaceted. On balance, however, such an increase would have a relatively small negative financial effect on operators but generally positive effects on their workers, according to results of a study released Tuesday by RTI International and the Center for Excellence in Assisted Living.
The Continuing Care Hall of Fame will induct four members this year at an Oct. 29 gala at the InterContinental New Orleans.
Leaders at a New York retirement community say their new smartphone app is bringing convenience to residents and enabling staff members to spend more time with them.
The next step in the evolution of the ABHOW and be.group affiliation occurred Monday as the two companies announced their official unification under the previously publicized brand of HumanGood. Read our exclusive interview with CEO John Cochrane.
Directors of assisted living/personal care who work in continuing care retirement communities saw an average pay increase of 3.27% in 2017, according to a new report.