Ziegler has closed a $66 million bond issue for Pennybyrn at Maryfield, a North Carolina nonprofit corporation.
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
CCRC occupancy increased to 86 percent in second quarter: Ziegler
By
Kathleen Steele Gaivin
Aug 18, 2022
Overall occupancy in continuing care retirement / life plan communities increased to 86% in the second quarter in the 99 primary and secondary markets followed by NIC MAP, according to an article in the...
Western North Carolina sees first newly built CCRC in 20 years
By
Kathleen Steele Gaivin
Aug 16, 2022
Legacy at Mills River, projected to open in late 2024, will be the first new continuing care retirement community to be built in western North Carolina in more than 20 years.
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...
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...
CCRC caregiver staff turnover tops 50 percent in some areas
By
Kathleen Steele Gaivin
Jul 13, 2022
Continuing care retirement communities in some regions have seen caregiver staff turnover close to 50% over the past year, according to the 2022-2023 CCRC Salary & Benefits Report.
The business case for employee well-being interventions
By
Michele Holleran, Ph.D., MBA
Jul 11, 2022
Four stressors are compromising the well-being of the aging services workforce like never before. Here are some best practices to address each of the identified sources of burnout.
Short-term staffing solutions at CCRCs include contingency workers, sign-on bonuses: survey
By
Kimberly Bonvissuto
Jul 11, 2022
In response to the effects of COVID-19, one-third of continuing care retirement communities are using contingency workers and sign-on bonuses as short-term solutions to staffing shortages, according to...