Occupancy higher at entrance fee CCRCs compared with rental CCRCs
By
Kathleen Steele Gaivin
Mar 01, 2024
The occupancy rate for entrance fee continuing care retirement / life plan communities was greater than 90% in the fourth quarter of 2023, according to Omar Zahraoui, principal at the National Investment...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Residents, staff reap rewards from retirement community’s smartphone app
By
Alyssa Salela
Jul 27, 2017
Leaders at a New York retirement community say their new smartphone app is bringing convenience to residents and enabling staff members to spend more time with them.
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.
Life plan community model remains stable, viable: report
By
Kimberly Bonvissuto
Jun 16, 2020
Life plan communities were the type of senior living community least affected by the COVID-19 pandemic, reaffirming their stable future, according to a report from specialty investment bank Ziegler.
CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
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...
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...
Residents’ chronic conditions could push operators to integrate care, housing: study
By
Kimberly Bonvissuto
Lois A. Bowers
Sep 15, 2022
WASHINGTON, DC — US senior living residents average more than a dozen chronic conditions each, and many residents use high-cost healthcare services, suggesting ways that operators can integrate care...
ABHOW, be.group become HumanGood
By
Lois A. Bowers
Jul 10, 2017
The next step in the evolution of the ABHOW and be.group affiliation occurred Monday as the two companies announced their official unification under the previously publicized brand of HumanGood. Read our...