CCRC occupancy drops to record low of 84.3 percent in the first quarter: NIC/Ziegler analysis
By
Amy Novotney
Apr 26, 2021
Continuing care retirement community occupancy fell 1.4% from the fourth quarter to 84.3%, according to an analysis by specialty investment bank Ziegler, using NIC MAP data. The drop signals another new...
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.
CCRC occupancy drops to record low in fourth quarter but remains much higher than other occupancies
By
Amy Novotney
Feb 04, 2021
Average occupancy within life plan communities fell another 90 basis points in the fourth quarter, dropping to a new record low of 85.7%, according to the National Investment Center for Seniors Housing...
Pandemic causing less disruption in occupancy rates among CCRCs compared with non-CCRCs: report
By
Amy Novotney
Jun 05, 2020
Although the pandemic has slowed the pace of move-ins for all seniors housing and care communities, continuing care retirement communities seem to be outliers. These settings generally have been experiencing...
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...