Court rules in favor of CCRC in class action entrance fee case alleging consumer fraud
By
Kimberly Bonvissuto
Jan 16, 2024
A provision in state law cited in a class action lawsuit against a continuing care retirement community only applies to food-related fraud and, therefore, cannot be used by residents and families to secure...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
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...
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,...
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...
A variety of models can help CCRC operators meet residents’ increasing healthcare needs
By
Kimberly Bonvissuto
Feb 16, 2024
Older adults are moving into senior living communities with more chronic conditions and healthcare needs than ever before, presenting challenges — as well as opportunities — for continuing care retirement...
Healthpeak continues exit of ‘volatile’ senior housing market with $4B in sales, moves headquarters
By
Kimberly Bonvissuto
Nov 04, 2020
Although not the reason behind Healthpeak Properties’ planned exit of its senior housing operating and triple-net lease portfolio businesses, COVID-19 certainly served as a catalyst for a full exit,...
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
Study suggests ways to increase CCRC resident happiness
By
Kimberly Bonvissuto
Jan 19, 2021
Soliciting feedback from residents about their needs and interests, offering a variety of programs, educating employees on the signs and symptoms of depression and loneliness, and providing residents with...
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.