Affiliate of Sage Healthcare Partners purchases bankrupt Michigan CCRC for $76.3M
By
Amy Novotney
May 10, 2021
Dearborn, MI-based continuing care retirement community Henry Ford Village announced late Thursday that it had received a successful bid from HFV OPCO LLC, a newly formed affiliate of Sage Healthcare Partners...
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.
Flipping mindset to focus on the future will help CCRCs thrive post-pandemic: speakers
By
Amy Novotney
Nov 19, 2020
One of the biggest outcomes of the pandemic on the life plan / continuing care retirement community sector has been giant leaps made in recognizing the importance of connectivity within the lives of older...
Seniors housing municipal bonds under distress due to COVID-19 costs
By
Amy Novotney
May 29, 2020
The coronavirus is pushing more continuing care retirement communities into financial upheaval and putting pressure on the municipal bonds that financed them, according to an article Wednesday in Bloomberg...
Seattle life plan community shifts from communal dining to food court model
By
Amy Novotney
Aug 21, 2020
When the COVID-19 pandemic began, Seattle-based nonprofit life plan community Bayview — like many other seniors housing operators — quickly went from vibrant hustling and bustling dining rooms...
Georgia retirement community’s employees continue to shelter in place with residents during pandemic
By
Kimberly Bonvissuto
May 18, 2020
After staff members at a Georgia life plan community committed to sheltering in place in late March alongside 600 residents, an executive said they are still going strong.
Long-term care providers struggle with high unemployment compared with other healthcare settings: report
By
Kimberly Bonvissuto
Dec 15, 2021
Although employment at hospitals and physicians offices has returned to almost pre-pandemic levels, assisted living communities, life plan / continuing care retirement communities and nursing homes continue...
College campus CCRC learns COVID lessons
By
Lois A. Bowers
Oct 29, 2020
New continuing care retirement community The Spires at Berry College in Rome, GA, has been welcoming residents in stages since June. The setting is of “tremendous value,” even — or especially...