Lifespace Communities to fund up to $143.4 million in Edgemere’s restructuring plan
By
Kathleen Steele Gaivin
Dec 20, 2022
Lifespace Communities will fund up to $143.3 million of the restructuring plan for its Edgemere continuing care retirement community in Dallas, the company said Monday.
Updated law expected to boost CCRC construction, expansions
By
Kathleen Steele Gaivin
Aug 15, 2022
An updated application and licensing process for continuing care retirement communities in South Carolina is expected to help drive more construction projects and create more housing for older adults in...
CCRC pivots with marketing during pandemic, now fully reserved 10 months before opening
By
Kathleen Steele Gaivin
Jan 26, 2023
Location and creative marketing are proving to be secrets to early success for The Baldwin, a continuing care retirement community under construction in Londonderry, NH. The community is fully reserved...
CCRC files for Chapter 11 for third time in 9 years
By
Kathleen Steele Gaivin
Apr 27, 2023
A continuing care retirement / life plan community on Long Island filed for bankruptcy protection last month for the third time in nine years in the Bankruptcy Court for the Eastern District of New York.
CCRC expects up to $70,000 in annual savings by going green
By
Kathleen Steele Gaivin
Oct 15, 2021
Carroll Lutheran Village is expanding its green initiatives with energy-efficient lighting and solar panels to reduce energy consumption and costs. The Westminster, MD, not-for-profit continuing care retirement...
Friendship, Richfield Living merge in Virginia
By
Kathleen Steele Gaivin
Oct 04, 2023
Two southwestern Virginia retirement communities merged this week in a new collaboration they believe will enhance their existing offerings and broaden their reach.
Expanding CCRCs bullish on assisted living, satellite campuses: Ziegler
By
Kathleen Steele Gaivin
Sep 27, 2022
More than half of continuing care retirement community chief financial officers attending the 25th Annual Ziegler Senior Living Finance + Strategy Conference said they plan to expand their communities...
Fitch offers bleak outlook for life plan communities for 2024
By
Kathleen Steele Gaivin
Dec 05, 2023
Continuing care retirement / life plan communities are facing “fierce economic headwinds” heading into next year, according to a report released Monday by Fitch Rating
Fitch says ratings changes could benefit SNF-heavy CCRCs
By
Kathleen Steele Gaivin
Mar 18, 2024
Fitch Ratings’ proposed changes to the way it rates not-for-profit continuing care retirement / life plan communities are designed to provide “much more transparency around [communities] that don’t...