PSL sells Phillipsburg, PA, CCRC to Continuum Healthcare to focus on ‘strong emphasis’ in independent living… Ziegler advises on sale of 100+ bed SNF in Chicago … DiningRD acquires Kind Dining...
‘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.
CCRC operating profitability ratios improve, but margins drop
By
Kathleen Steele Gaivin
Oct 20, 2023
Continuing care retirement / life plan communities saw an increase in operating profitability ratios in 2022, but operating margins declined due to stock market performance, Ziegler Managing Director Amy...
Senior living provider helps Afghan refugees navigate US job market
By
Kimberly Bonvissuto
Aug 30, 2023
As the United States prepares to celebrate the country’s workers on Labor Day, a Virginia life plan community hosted an employment workshop to support Afghan refugees entering the American workforce.
Long Island CCRC to offer specialty, primary care for residents, staff, greater community
By
Kathleen Steele Gaivin
May 03, 2022
A partnership between Peconic Landing, a continuing care retirement community in Greenport, NY, and Stony Brook Medicine will result in the CCRC cut the ribbon on its new Center for Well-Being on May 18...
Healthpeak continues exit of ‘volatile’ senior housing market with $4B in sales, moves headquarters
By
Kimberly Bonvissuto
Nov 04, 2020
Although not the reason behind Healthpeak Properties’ planned exit of its senior housing operating and triple-net lease portfolio businesses, COVID-19 certainly served as a catalyst for a full exit,...
NIC: 5 markets dominate CCRC construction
By
Lois A. Bowers
Mar 30, 2018
More than one-third of all continuing care retirement community unit construction was taking place in five markets as of the fourth quarter of 2017, according to Lana Peck, senior principal of the National...
Margins slightly higher for multistate CCRC operators
By
John O'Connor
Dec 18, 2017
For continuing care retirement communities seeking larger margins, expanding into additional states might be a good strategy.
Residents, staff reap rewards from retirement community’s smartphone app
By
Alyssa Salela
Jul 27, 2017
Leaders at a New York retirement community say their new smartphone app is bringing convenience to residents and enabling staff members to spend more time with them.
The hottest markets for senior living
By
Lois A. Bowers
Mar 26, 2017
National Investment Center for Seniors Housing & Care Senior Principal Lana Peck revealed the areas of the country with the most new construction for independent living, assisted living and memory care...