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...
Healthpeak Properties to be ‘opportunistic’ with CCRC portfolio
By
Kathleen Steele Gaivin
Nov 03, 2022
Healthpeak Properties is prioritizing its capital allocation on its life science and medical offices businesses and will be “opportunistic” regarding its continuing care retirement community portfolio,...
Some CCRCs cutting back on skilled nursing as labor challenges continue: analysis
By
Kathleen Steele Gaivin
Oct 27, 2022
As labor challenges continue in long-term care, some continuing care retirement / life plan communities are cutting back on the skilled nursing services they offer, according to a new Fitch Ratings labor...
Expanding a community’s reach and keeping residents engaged
Oct 26, 2022
Ben Unkle, CEO of Westminster-Canterbury on Chesapeake Bay, discusses early advantage programs to expand the reach of a life plan community and also engagement and how it can help alleviate social isolation...
CCRC financial ratio medians stable year over year: Ziegler
By
Kathleen Steele Gaivin
Oct 17, 2022
In an annual study of 19 financial ratio median and qurartile values deemed important for analyzing the credit quality of not-for-profit continuing care retirement communities, Ziegler Credit Surveillance...