Number of large-scale CCRCs with 500 more units on one campus ‘inches up’: Ziegler
By
Kathleen Steele Gaivin
Apr 19, 2022
pproximately 10% of the nation’s life plan communities, or continuing care retirement communities, are considered “large scale,” meaning they have 500 or more units on one campus, according...
Provider Relief Fund monies wane for life plan communities in 2021: Ziegler
By
Kathleen Steele Gaivin
Feb 14, 2022
Life plan communities received comparatively small amounts of Provider Relief Fund aid in 2021, as program money wanes. No meaningful additional funds are expected going forward in 2022, according to specialty...
CCRC uses interactive gaming system to improve residents’ quality of life
By
Kimberly Bonvissuto
Jul 23, 2021
A Fairfax, VA, continuing care retirement community is among the first in the nation to use an interactive gaming system with microchip-based technology designed to improve the quality of life for older...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
Pennsylvania’s White Horse Village embarks on $95M master plan
By
Amy Novotney
May 04, 2021
Last month, the board of directors of Newtown Square, PA-based continuing care retirement community White Horse Village approved a $95 million five-year master plan.
Pay attention to shifting consumer demands, economics when it comes to CCRC contracts: speakers
By
Amy Novotney
Apr 23, 2021
Later this year, almost two dozen current rental residents of a Milwaukee nonprofit continuing care retirement community will be on the hunt for a new home as the campus undergoes renovations to its facilities....
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.