Ventas selects Sunrise Senior Living to manage Battery Park IL
By
Kathleen Steele Gaivin
Aug 20, 2024
Ventas has selected McLean, VA-based Sunrise Senior Living to manage its Battery Park independent living high-rise community in lower Manhattan. Sunrise will manage the property as it undergoes renovations...
‘Truly miraculous’: Donors rally to save CCRC in receivership
By
Lois A. Bowers
Aug 28, 2024
Dozens of donors have pledged millions of dollars over the past few weeks to acquire and keep open a Colorado CCRC in receivership.
Older workers’ shift in priorities a benefit to employers
By
Kathleen Steele Gaivin
Aug 22, 2024
By the time workers reach around age 60, their priorities often shift, with factors like engaging work and increased autonomy becoming top considerations, according to research from Bain & Company.
Fitch Ratings finalizes updates to CCRCs rating criteria
By
Kathleen Steele Gaivin
Aug 20, 2024
Fitch Ratings has finalized changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, the company...
Workforce participation expected to continue to decline, report finds
By
John Roszkowski
Aug 27, 2024
In another troubling sign for the ongoing staffing shortages facing the long-term care industry, a new report finds that US workforce participation among the prime working age population is continuing...