Provider Relief Fund monies wane for life plan communities in 2021: Ziegler
By
Kathleen Steele Gaivin
Feb 14, 2022
Life plan communities received comparatively small amounts of Provider Relief Fund aid in 2021, as program money wanes. No meaningful additional funds are expected going forward in 2022, according to specialty...
CCRC occupancy inches up to 85.7 percent in fourth quarter
By
Lois A. Bowers
Feb 03, 2022
Life plan community occupancy was 85.7% in the fourth quarter of 2021, up 0.3 percentage points from the third quarter and 1.4 percentage points from a pandemic low seen in the first two quarters of the...
Certain factors benefit residents’ emotional wellness during pandemic, study finds
By
Lois A. Bowers
Jan 19, 2022
An openness to new experiences, high-quality relationships with children, meditation and living in a smaller community were some of the things that have helped life plan community residents be more resilient...
Changing consumer provides opportunities for life plan communities: report
By
Kimberly Bonvissuto
Jan 05, 2022
It’s no secret that the 75-and-older population is growing. But a new senior living and care trends report notes that with that growth comes more households with a net worth of $1 million or more, suggesting...
HJ Sims raises $398 million for university-based life plan community under construction
By
Kathleen Steele Gaivin
Nov 22, 2021
Fairfield, CT-based investment bank and wealth management firm HJ Sims closed this month on a $398.1 million tax-exempt and taxable bond issue for a new life plan community being constructed on the grounds...
Life plan community unit absorption rebounds in third quarter: Ziegler
By
Kathleen Steele Gaivin
Nov 04, 2021
After five quarters of negative absorption during the pandemic, life plan community unit absorption not only rebounded in the third quarter but has achieved its strongest pace since the fourth quarter...
Healthpeak closes on final $149 million of senior living dispositions
By
Kathleen Steele Gaivin
Nov 04, 2021
Healthpeak Properties has closed the final $149 million of its senior living community dispositions since August, bringing total sales proceeds to $4 billion since July 2020, CEO Thomas Herzog said during...
Covenant Woods ‘ups game’ with expansion into home care for CCRC residents
By
Kathleen Steele Gaivin
Oct 21, 2021
Richmond, VA-based Covenant Woods has undergone an expansion, not of its physical plant, but of at-home care options for residents of the life plan community and Central Virginia neighbors within a 50-mile...
Mather prepares to enter third state armed with $300 million construction loan
By
Kathleen Steele Gaivin
Oct 15, 2021
Senior living provider Mather has secured $300 million in construction financing to build The Mather, a life plan community, in Tysons, VA.
More news for Thursday, Sept. 30
Sep 30, 2021
Long-term care, other business groups find exclusion from federal vaccine mandate process ‘disappointing’ … Demand for CCRCs strong despite pandemic: Fitch Ratings … List names...