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...
McKnight’s 40 for 40: John Erickson
By
Liza Berger
Apr 06, 2020
Many middle-class older adults living their golden years in socially engaging retirement communities arguably have one person to thank: John Erickson.
Life plan communities under pressure amidst coronavirus: Fitch Ratings
By
Amy Novotney
Mar 20, 2020
Although sector-wide rating changes are not expected in the near term, the increased operating costs and shifts in census associated with the COVID-19 outbreak may have negative effects on lower-rated...
2020 outlook stable for not-for-profit life plan communities: Fitch Ratings
By
John O'Connor
Dec 12, 2019
The outlook for the not-for-profit life plan community sector remains stable for 2020, according to Fitch Ratings.
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...
Survey suggests challenges with life plan community name, despite industry support
By
Lois A. Bowers
Aug 12, 2019
Almost four years after LeadingAge and Mather LifeWays introduced “life plan community” as an alternative name for “continuing care retirement community,” more education may be needed for prospective...
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.
Life plan communities positively affect resident wellness, study finds
By
Lois A. Bowers
Jan 28, 2019
Residents of life plan communities scored higher on positive measures of several types of wellness than did older adults living in the community at large — and lower in one area — in newly released...
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...