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...
Fitch lowers life plan community sector outlook to negative, but no all-encompassing rating action
By
Amy Novotney
May 27, 2020
Fitch Ratings has revised its outlook on life plan communities to negative last week, reflecting the rating agency’s concern that many of COVID’s risks still lie ahead.
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....
Nonprofit life plan community median rating remains at ‘BBB,’ though effects of COVID-19 still to...
By
Amy Novotney
Sep 02, 2020
The median rating for nonprofit life plan communities remains at ‘BBB,’ according to a report Tuesday from Fitch Ratings. However, this latest report only captures the first quarter of the year, the...
Defaulted hotel deals show potential for CCRC conversions: senior living experts
By
Amy Novotney
Jul 24, 2020
Amid the fallout from the pandemic, the seniors housing industry may find new development opportunities in defaulted hotel deals, according to panelists Thursday during an Urban Land Institute webinar.