Life plan community outlook ‘deteriorating’ in 2023: Fitch Ratings
By
Kathleen Steele Gaivin
Dec 07, 2022
The outlook for continuing care retirement / life plan communities is “deteriorating” due to continued labor challenges and a “softening broader economy.” That’s according to a newly released...
$1.6 million grant will help older workers train for CNA, other healthcare roles
By
Kathleen Steele Gaivin
Oct 11, 2023
The National Council on Aging has received a $1.6 million AmeriCorps Seniors grant to test a program to train adults aged 55 or more years to become certified nurse assistants, electrocardiogram technicians...
Workers looking to employers for cost-of-living help: survey
By
Kathleen Steele Gaivin
Dec 08, 2022
Workers worldwide are looking for financial help to offset cost-of-living increases in difficult economic times. That’s according to the results of the Randstad Q4 Workmonitor Pulse survey of 7,000 workers...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.
Florida’s first LGBTQ+-centric assisted living community opens
By
Kathleen Steele Gaivin
Aug 17, 2023
The first assisted living community in Florida for lesbian, gay, bisexual and transgender older adults opened last month and welcomed its first resident. The Connie House ALF (TCH) in Boynton Beach, FL,...
Healthpeak Properties announced Monday that it has closed a new $3 billion senior unsecured revolving credit facility, which increases Healthpeak’s total revolving commitments from $2.5 billion to $3...
Bill aims to privatize annual nursing home, assisted living inspections
By
Kathleen Steele Gaivin
Feb 08, 2023
Proposed legislation before the Arizona Legislature, if passed, would privatize annual inspections of skilled nursing facilities and assisted living communities by creating a third-party entity to make...
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...
Ensign: Pent-up demand drives ‘march toward normalcy’ in second quarter
By
Kathleen Steele Gaivin
Jul 30, 2021
The Ensign Group announced record operating results for the second quarter during an earnings call Thursday, including that skilled nursing service income increased 15% during the three-month period ending...
CareTrust REIT closes $45M in senior living and care investments
By
Kathleen Steele Gaivin
Jul 06, 2023
CareTrust REIT has closed two separate transactions on the West Coast with an aggregate initial investment amount of approximately $45.2 million, the San Clemente, CA-based real estate investment trust...