Acts Retirement-Life, Mease Life consider affiliation
By
Kathleen Steele Gaivin
Apr 06, 2023
Fort Washington, PA-based Acts Retirement–Life Communities and Mease Life of Dunedin, FL, have signed a letter of intent to explore a possible affiliation. A due diligence review has begun, and the companies...
Mease Life affiliates with Acts Retirement–Life Communities
By
Kathleen Steele Gaivin
Oct 04, 2023
Continuing care retirement community Mease Life of Dunedin, FL, and Fort Washington, PA-based Acts Retirement-Life Communities have finalized their affiliation after signing a letter of intent in April...
HJ Sims raises $398 million for university-based life plan community under construction
By
Kathleen Steele Gaivin
Nov 22, 2021
Fairfield, CT-based investment bank and wealth management firm HJ Sims closed this month on a $398.1 million tax-exempt and taxable bond issue for a new life plan community being constructed on the grounds...
Landlord countersues ‘sinking ship’ CCRC over multiple allegations
By
Kathleen Steele Gaivin
Apr 20, 2022
Dallas continuing care retirement community Edgemere now faces a countersuit from its landlord, Intercity Investments, after having sued Intercity and its agent, Kong Capital, alleging breach of contract,...
Provider Relief Fund monies wane for life plan communities in 2021: Ziegler
By
Kathleen Steele Gaivin
Feb 14, 2022
Life plan communities received comparatively small amounts of Provider Relief Fund aid in 2021, as program money wanes. No meaningful additional funds are expected going forward in 2022, according to specialty...
4 trends becoming more common in life plan communities: Ziegler
By
Kathleen Steele Gaivin
Jun 01, 2022
Adaptability and innovation have been “foundational” to the success over time of continuing care retirement communities, also known since 2015 as life plan communities, and will be key to future success...