Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Headwinds may stall CCRC recovery, Fitch Ratings says
By
Kathleen Steele Gaivin
Jan 27, 2023
Although demand is high for continuing care life plan communities, some headwinds may stall total recovery for the sector, according to the experts at Fitch Ratings.
Continuing Care Hall of Fame to induct Leary, Proctor, Townsley, Van Scoyoc
By
Lois A. Bowers
Sep 08, 2023
Mary Leary, Stephen Proctor, Scott Townsley and Gardner Van Scoyoc will be inducted into the Continuing Care Hall of Fame Nov. 5 in Chicago.
Future of senior living requires new blueprint: panel
By
Kimberly Bonvissuto
Nov 08, 2023
CHICAGO — What happens when you invite a group of senior living CEOs to share personal plans for their third acts? For architectural firm Perkins Eastman, the result was a think tank of experts who defined...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
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.
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.
$215,000 disability discrimination complaint could have ‘broader ramifications’ on resident contracts,...
By
Kimberly Bonvissuto
Apr 12, 2023
A Pennsylvania continuing care retirement community agreed to a $215,000 Fair Housing Act settlement over allegations of disability discrimination, but the senior living owners and operators said that...
Newsweek has announced plans to publish its first-ever ranking of US continuing care retirement communities, with results based on surveys that are underway.