Capital expenditures expected to tick up for CCRCs: Fitch
By
Kathleen Steele Gaivin
Sep 17, 2024
Capital expenditures will start to tick up in fiscal 2024 among the country’s continuing care retirement / life plan communities, according to Fitch Ratings’ medians report for the sector, published...
CCRC occupancy trends lower but better than non-CCRCs: analysis
By
Kathleen Steele Gaivin
May 25, 2021
Occupancy in continuing care retirement communities fell 1.4 percentage points from the fourth quarter to 84.3% through the first quarter of 2021, according to data released Friday by the National Investment...
Legislation would require life plan community transparency
By
Kathleen Steele Gaivin
May 18, 2021
Proposed legislation in New Mexico would require life plan community operators to be more upfront with investors about community finances.
$250 million CCRC expansion no longer on hold, thanks to state Supreme Court
By
Kathleen Steele Gaivin
Nov 07, 2022
A $250 million expansion project at a Virginia continuing care retirement community no longer is on hold now that the state Supreme Court has refused to hear an appeal from condominium owners seeking to...
Kansas providers may face fee hike after audit reveals many wrongly paid cut-rate assessments
By
Kathleen Steele Gaivin
Apr 05, 2024
Continuing care retirement communities and nursing homes in Kansas could face additional scrutiny — and in some cases, higher fees — after a recent audit from the Kansas Medicaid inspector general’s...
Not-for-profit life plan communities brace for inflationary pressures, other challenges: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 07, 2022
Following a “comeback year” in 2021, continuing care retirement / life plan communities are bracing for economic challenges ahead, according to a new report from Fitch Ratings.
Life plan communities resilient but not out of the woods: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 30, 2021
As the long-term care sector emerges from the pandemic, Fitch Ratings expects that life plan communities will continue to consolidate over the next few years.
CCRC files for Chapter 11 for third time in 9 years
By
Kathleen Steele Gaivin
Apr 27, 2023
A continuing care retirement / life plan community on Long Island filed for bankruptcy protection last month for the third time in nine years in the Bankruptcy Court for the Eastern District of New York.
Healthpeak closes on final $149 million of senior living dispositions
By
Kathleen Steele Gaivin
Nov 04, 2021
Healthpeak Properties has closed the final $149 million of its senior living community dispositions since August, bringing total sales proceeds to $4 billion since July 2020, CEO Thomas Herzog said during...
Inflation, staffing pose pressures for not-for-profit life plan communities: Fitch Ratings
By
Kathleen Steele Gaivin
Sep 29, 2022
The not-for-profit continuing care / life plan communities sector has “broadly recovered” from pandemic stressors, but challenges lie ahead. That’s according to a new report from Fitch Ratings.