New law ‘ensures future viability’ of CCRCs, provider and resident groups say
By
Lois A. Bowers
Jun 28, 2023
A bill signed into law Monday by Gov. Ron DeSantis (R) will help ensure the future viability and financial strength of the continuing care retirement / life plan community model in Florida, according to...
Lack of diversity in CCRCs warrants industry-wide conversation: report
By
Kimberly Bonvissuto
Jun 20, 2023
A new report from Mather Institute is a call to action for an industry-wide conversation on the lack of diversity in continuing care retirement / life plan communities.
Entrance-fee CCRCs outpace rental ones in occupancy
By
Kathleen Steele Gaivin
Jun 20, 2023
Continuing care retirement / life plan communities that charge an entrance fee have fared better lately in terms of occupancy than rental communities, according to specialty investment bank Zigler.
Not-for-profits need ‘disciplined philanthropy approach,’ experts say
By
Kathleen Steele Gaivin
May 30, 2023
Not-for-profit senior living and care organizations must develop a “disciplined philanthropy approach,” according to a special report from specialty investment bank Ziegler and Marts & Lundy’s.
Proposed CCRC bill would change regulatory oversight, increase transparency
By
Kimberly Bonvissuto
May 03, 2023
A proposed bill meant to modernize Florida’s continuing care retirement community laws includes changes to regulatory oversight and transparency for residents.
‘No fluke’: life plan community residents report higher levels of wellness than other older adults
By
Kimberly Bonvissuto
Apr 28, 2023
Five years ago, Mather Institute set out to better understand the health and wellness effects of residing in a life plan community. The organization found that residents reported higher levels of wellness...
Increased financial pressure looms, but outlook for CCRCs is balanced, Fitch says
By
Kathleen Steele Gaivin
Apr 17, 2023
Increased financial pressure is heading down the pike, with a mild recession likely in the months ahead. That’s according to commentary from Fitch Ratings.
Country’s largest single-site CCRC to grow even larger
By
Kathleen Steele Gaivin
Apr 17, 2023
Shell Point Retirement Community in Fort Myers, FL, a single-site continuing care retirement community that says it is the largest such community in the country, is planning to add an independent living...
CCRC secures high court review in class action case alleging consumer fraud
By
Kimberly Bonvissuto
Apr 14, 2023
The New Jersey Supreme Court will review a trial court’s decision to provide refunds to continuing care retirement community residents who alleged a bait-and-switch scheme by a senior living operator.
$215,000 disability discrimination complaint could have ‘broader ramifications’ on resident contracts,...
By
Kimberly Bonvissuto
Apr 12, 2023
A Pennsylvania continuing care retirement community agreed to a $215,000 Fair Housing Act settlement over allegations of disability discrimination, but the senior living owners and operators said that...