CCRC occupancy performance holds lessons for success: NIC
By
Kimberly Bonvissuto
Mar 24, 2023
The ability of continuing care retirement communities to outperform other care settings and maintain consistently high occupancy rates throughout the COVID-19 pandemic offers lessons for the rest of the...
CCRC residents ‘significantly safer’ from COVID deaths than older adults not living in congregate...
By
Lois A. Bowers
Mar 02, 2023
SAN DIEGO—Residents of continuing care retirement communities were “significantly safer” from dying from COVID-19 than were older adults living in noncongregate residential settings in the greater...
More news for Friday, Jan. 27
By
Kimberly Bonvissuto
Jan 27, 2023
Headwinds may stall CCRC recovery, Fitch Ratings says … Turnover rates among assisted living staff hold steady for most operators: report … FDA advisory committee votes on proposed COVID-19 vaccine...
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Survey reveals list of must-haves for potential CCRC residents
By
Kimberly Bonvissuto
Dec 19, 2022
Continuing care retirement community operators considering near- and mid-term investments, amenities and programming should look to ensure healthy aging offerings are in the mix, according to a new survey...
Ruling clears way for class-action suit over CCRC refunds
By
Kimberly Bonvissuto
Dec 14, 2022
A class-action lawsuit filed in 2013 against a senior living operator alleging consumer fraud over refunds to continuing care retirement community residents can move forward after a New Jersey judge denied...
More news for Wednesday, Dec. 7
By
Kimberly Bonvissuto
Dec 07, 2022
Operating environment for life plan communities expected to deteriorate in 2023: Fitch … UK on cusp of personalized Alzheimer’s therapies … Older adults stress less than twentysomethings: study …...
Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
$250 million CCRC expansion no longer on hold, thanks to state Supreme Court
By
Kathleen Steele Gaivin
Nov 07, 2022
A $250 million expansion project at a Virginia continuing care retirement community no longer is on hold now that the state Supreme Court has refused to hear an appeal from condominium owners seeking to...
Healthpeak remains ‘open minded’ to potential opportunities to sell CCRC portfolio
By
Kimberly Bonvissuto
Nov 03, 2022
Healthpeak Properties President and CEO Scott Brinker said the real estate investment trust’s continuing care retirement community portfolio isn’t on the market — yet — but that a potential sale...