Seattle life plan community shifts from communal dining to food court model
By
Amy Novotney
Aug 21, 2020
When the COVID-19 pandemic began, Seattle-based nonprofit life plan community Bayview — like many other seniors housing operators — quickly went from vibrant hustling and bustling dining rooms...
Bondholders for Illinois CCRC file Chapter 11 plan of reorganization, suggest change to resident agreements
By
Amy Novotney
May 20, 2020
Bondholders Lapis Advisers LP and Amundi Pioneer Asset Management have filed a Chapter 11 plan of reorganization and disclosure statement for Bartlett, IL-based continuing care retirement community Clare...
Georgia retirement community’s employees continue to shelter in place with residents during pandemic
By
Kimberly Bonvissuto
May 18, 2020
After staff members at a Georgia life plan community committed to sheltering in place in late March alongside 600 residents, an executive said they are still going strong.
Opportunities await beyond near-term challenges
By
Lois A. Bowers
Sep 11, 2019
Recent news is enough to cause any operator, developer or investor to reach for the aspirin. A look at data from the National Investment Center for Seniors Housing & Care, as well as discussions with experts...
CCRC consolidation is a ‘clear trend’
By
Lois A. Bowers
Mar 11, 2019
Consolidation is “one of the clear trends” among continuing care retirement communities, according to specialty bank Ziegler.
CCRCs have less time to refund entrance fees under new law
By
Lois A. Bowers
Aug 21, 2018
Continuing care retirement communities will have have less time to return refundable portions of entrance fees to residents or their estates after move-out under a new law signed Friday by New Jersey Gov....
4 disruptors facing senior living operators
By
Lois A. Bowers
Jun 08, 2018
Some senior living operators risk being overwhelmed by the pace of change in the industry, meaning that there is “tremendous potential for disruption,” according to the authors of a new white...
Residents, staff reap rewards from retirement community’s smartphone app
By
Alyssa Salela
Jul 27, 2017
Leaders at a New York retirement community say their new smartphone app is bringing convenience to residents and enabling staff members to spend more time with them.
Drug disposal rule sets up providers for noncompliance, groups say
By
Lois A. Bowers
Jan 05, 2016
The government’s apparent lack of understanding about the differing characteristics among senior living settings could put some providers “perpetually in noncompliance” with a proposed...
Take risks, ABHOW CEO David Ferguson advises
By
Lois A. Bowers
Nov 16, 2015
Four months after announcing his organization’s intentions to merge with be.group, ABHOW President and CEO David Ferguson offers some advice for colleagues on the nonprofit side of senior living...