Long-term care providers struggle with high unemployment compared with other healthcare settings: report
By
Kimberly Bonvissuto
Dec 15, 2021
Although employment at hospitals and physicians offices has returned to almost pre-pandemic levels, assisted living communities, life plan / continuing care retirement communities and nursing homes continue...
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...
Demand for CCRCs strong despite pandemic, Fitch Ratings says
By
Kathleen Steele Gaivin
Sep 30, 2021
Consumer demand for continuing care retirement / life plan communities has remained strong despite the pandemic, Margaret Johnson, director, senior living sector lead at Fitch Ratings, said in a webinar...
Diffey, Minnix, Ryan and Sims to be inducted into Continuing Care Hall of Fame for 2021
By
Lois A. Bowers
Sep 27, 2021
John Diffey, Larry Minnix, Mary Alice Ryan and Bill Sims will be inducted into the Continuing Care Hall of Fame for 2021.
CCRCs challenged by caregiver turnover, but nursing homes have it worse: report
By
Kimberly Bonvissuto
Sep 22, 2021
Turnover rates for certified nursing assistants, licensed practical nurses and registered nurses in continuing care retirement communities have reached their highest points over the past decade in 2021,...
Not-for-profit life plan communities sector remain ‘resilient’ during pandemic: report
By
Kathleen Steele Gaivin
Sep 16, 2021
Life plan communities held their ground throughout the pandemic by using various forms of emergency funds to offset increased expenses and pressured cash flows during the public emergency, according to...
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...
Pace of nonprofit senior living sponsorship transition activity in 2021 has accelerated: Ziegler
By
Amy Novotney
Sep 07, 2021
Approximately 630 nonprofit, market-rate senior living communities have changed hands since 2015, according to an analysis released last week by specialty investment bank Ziegler.
Healthpeak down to final $150 million in rental senior housing sales
By
Kimberly Bonvissuto
Aug 05, 2021
Healthpeak Properties continued its substantial exit from rental senior housing in the second quarter, as well as a strategic acquisition and development pipeline across all of its business segments, CEO...