CCRC executive director salaries hold steady, therapy directors get boost
By
Stephanie H. Kim
Jul 25, 2014
Continuing care retirement community executive director salaries have barely increased in the past year, while therapy and rehabilitation directors received a boost, a new report shows. The average salary...
CCRC executive director salary averages $155,000, DONs $91,000, survey finds
By
Emily Mongan
Jul 17, 2015
Continuing care retirement community CCRC executive directors — who saw only a modest 0.21% salary increase last year — gained an average of 3% this year, according to results of a new salary survey...
Vi Living nears completion of $300 million redevelopment in Naples, FL
By
Kathleen Steele Gaivin
May 16, 2024
Vi Living on Monday opened the first building in the sixth and final phase of a $300 million redevelopment project at Bentley Village in Naples, FL. The cost for this phase was $92 million.
27 members of Congress urge CMS to withdraw proposed Medicaid Fiscal Accountability Regulation
By
Lois A. Bowers
Feb 14, 2020
A bipartisan coalition of 27 members of the House of Representatives is asking the Centers for Medicare and Medicaid Services to withdraw its proposed Medicaid Fiscal Accountability Regulation.
CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch
By
Kathleen Steele Gaivin
Sep 21, 2023
The minimum staffing rule that most nursing homes will be required to meet within the next three years will add to staffing pressures at continuing care retirement / life plan communities, but it will...
Healthpeak continues exit of ‘volatile’ senior housing market with $4B in sales, moves headquarters
By
Kimberly Bonvissuto
Nov 04, 2020
Although not the reason behind Healthpeak Properties’ planned exit of its senior housing operating and triple-net lease portfolio businesses, COVID-19 certainly served as a catalyst for a full exit,...
Boutique dining service starts up in life plan communities segment
By
Kathleen Steele Gaivin
Aug 05, 2021
With financial backing from Elinor North America, start-up Culinesse is broadening its ambition to serve up culinary feasts in the life plan community segment of senior living.
CCRC investment equality: Fugetaboutit for New York
By
Stephanie Chedid
Sep 03, 2014
Earning more than the cost of capital is not unreasonable and can generally be accomplished without taking extraordinary risks, but New York is hamstrung by investment restrictions. Investment returns...
Healthpeak sees record year for CCRC entrance fees, cash collection, as merger, potential portfolio sale...
By
Lois A. Bowers
Feb 12, 2024
Denver-based Healthpeak Properties saw a record year of entrance fee sales and cash collection in 2023 for its portfolio of 15 continuing care retirement communities, Chief Financial Officer Pete Scott...
CMS proposal would be ‘major financial burden’ for CCRCs, residents, organizations say
By
Lois A. Bowers
Jan 17, 2020
A Centers for Medicare & Medicaid Services regulation effectively proposing new Medicaid taxes could “lead to a major financial burden” for continuing care retirement communities and residents —...