CCRC sued by former residents demanding refund of $400,000 entry fee
By
Kathleen Steele Gaivin
Jun 18, 2021
A New Hampshire continuing care retirement community facing financial issues is being sued by two former residents seeking a refund of their entry fee, which totaled more than $400,000.
Don’t sit on these revenue-generating opportunities
By
Steve McDonald
Jun 14, 2021
Creating a virtual marketplace represents a tremendous business opportunity for innovators who want to see their residents and local older adults thrive.
Campaign highlights insider stories to try to ‘flip the script’ on pandemic’s effects on industry
By
Kimberly Bonvissuto
May 11, 2021
Looking to “flip the script” on a year of negative headlines in the lay media surrounding the senior living industry, a new campaign is promoting “stories from the inside” to highlight the positive.
Affiliate of Sage Healthcare Partners purchases bankrupt Michigan CCRC for $76.3M
By
Amy Novotney
May 10, 2021
Dearborn, MI-based continuing care retirement community Henry Ford Village announced late Thursday that it had received a successful bid from HFV OPCO LLC, a newly formed affiliate of Sage Healthcare Partners...
Healthpeak continues exit from rental senior housing with $1B in asset sales
By
Kimberly Bonvissuto
May 06, 2021
Healthpeak Properties continued its exit from most senior living with the sale of $1 billion in assets in the first quarter, with an additional $400 million in deals under hard or soft contract.
Pennsylvania’s White Horse Village embarks on $95M master plan
By
Amy Novotney
May 04, 2021
Last month, the board of directors of Newtown Square, PA-based continuing care retirement community White Horse Village approved a $95 million five-year master plan.
CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
Pay attention to shifting consumer demands, economics when it comes to CCRC contracts: speakers
By
Amy Novotney
Apr 23, 2021
Later this year, almost two dozen current rental residents of a Milwaukee nonprofit continuing care retirement community will be on the hunt for a new home as the campus undergoes renovations to its facilities....
Senior living continues to be among riskiest muni investments, due to pandemic
By
Amy Novotney
Feb 08, 2021
The COVID-19 pandemic has made the senior living industry one of the riskiest segments of the $3.9 trillion municipal-bond market, according to an analysis last week by Bloomberg.
A fresh plea calls for including independent living in COVID-19 vaccination priority clinics
By
Kimberly Bonvissuto
Jan 29, 2021
Independent living residents of a Richmond, VA, continuing care retirement community had the rug pulled out from under them this week when COVID-19 vaccination clinics scheduled for mid-February abruptly...