CCRCs alone in occupancy increase this year, report says
By
Lois A. Bowers
Mar 16, 2018
Continuing care retirement communities will be the only segment of senior living and long-term care to see increased occupancy in 2018, according to commercial real estate investment sales, financing,...
U.S. News launches ‘Best Senior Living’ program
By
Lois A. Bowers
Sep 07, 2021
U.S. News & World Report has launched a “Best Senior Living” initiative with the goal of releasing inaugural listings for consumers in the first quarter of 2022. The program will cover individual...
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...
Operating margins, other cash flow ratios fall to levels ‘not seen in a decade, if ever’: analysis
By
Kathleen Steele Gaivin
Oct 18, 2021
Profitability and cash flow have declined significantly for both single-site and multi-site long-term care providers over the past year, according to median measures reported in the recently released 2021...
SNFs, CCRCs ‘off the pace’ for recruiting, retaining workers: Fitch
By
Kathleen Steele Gaivin
Apr 16, 2024
Skilled nursing facilities and continuing care retirement / life plan communities “are still well off the pace needed to reach a full post-pandemic recovery” in terms of their workforces, according...
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...
CCRC adds 4,100-square-foot duplexes to attract baby boomers
By
Lois A. Bowers
Oct 16, 2017
Ten months after breaking ground on a project intended to attract baby boomers and others looking for a different environment in which to age, nonprofit BHI Senior Living has sold all 30 duplexes in an...
CCRCs have less time to refund entrance fees under new law
By
Lois A. Bowers
Aug 21, 2018
Continuing care retirement communities will have have less time to return refundable portions of entrance fees to residents or their estates after move-out under a new law signed Friday by New Jersey Gov....
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.
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...