‘Remarkable turnaround’ in demand boosts occupancy, rent growth
By
Lois A. Bowers
Nov 27, 2023
A “remarkable turnaround” in demand for senior living is benefiting occupancy rates and rent growth, according to a new report from Marcus & Millichap.
Assisted living’s current and future importance in serving older adults
By
Lois A. Bowers
Sep 11, 2023
As I was writing this week about Newsweek’s first-ever ranking of US continuing care retirement communities, coming Nov. 29, it struck me again how much senior living operators, collectively, are in...
Newsweek has announced plans to publish its first-ever ranking of US continuing care retirement communities, with results based on surveys that are underway.
Continuing Care Hall of Fame to induct Leary, Proctor, Townsley, Van Scoyoc
By
Lois A. Bowers
Sep 08, 2023
Mary Leary, Stephen Proctor, Scott Townsley and Gardner Van Scoyoc will be inducted into the Continuing Care Hall of Fame Nov. 5 in Chicago.
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...
CCRC residents ‘significantly safer’ from COVID deaths than older adults not living in congregate...
By
Lois A. Bowers
Mar 02, 2023
SAN DIEGO—Residents of continuing care retirement communities were “significantly safer” from dying from COVID-19 than were older adults living in noncongregate residential settings in the greater...
Expanding a community’s reach and keeping residents engaged
Oct 26, 2022
Ben Unkle, CEO of Westminster-Canterbury on Chesapeake Bay, discusses early advantage programs to expand the reach of a life plan community and also engagement and how it can help alleviate social isolation...
Residents’ chronic conditions could push operators to integrate care, housing: study
By
Kimberly Bonvissuto
Lois A. Bowers
Sep 15, 2022
WASHINGTON, DC — US senior living residents average more than a dozen chronic conditions each, and many residents use high-cost healthcare services, suggesting ways that operators can integrate care...
Assisted living managers at CCRCs see 3.52 percent salary increases
By
Lois A. Bowers
Jul 07, 2022
Assisted living / personal care managers working in continuing care retirement communities have an average salary of $80,102 in 2022, a 3.52% increase over 2021, according to the 2022-2023 Continuing Care...
CCRC occupancy inches up to 85.7 percent in fourth quarter
By
Lois A. Bowers
Feb 03, 2022
Life plan community occupancy was 85.7% in the fourth quarter of 2021, up 0.3 percentage points from the third quarter and 1.4 percentage points from a pandemic low seen in the first two quarters of the...