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.
Expanding CCRCs bullish on assisted living, satellite campuses: Ziegler
By
Kathleen Steele Gaivin
Sep 27, 2022
More than half of continuing care retirement community chief financial officers attending the 25th Annual Ziegler Senior Living Finance + Strategy Conference said they plan to expand their communities...
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...
CCRC demand remains robust: Fitch
By
Kathleen Steele Gaivin
Sep 09, 2022
Favorable demographic trends, with more Americans reaching retirement age, the ability to absorb cost inflation and good access to capital markets, will keep the continuing care retirement / life plan...
Inflation could stifle pandemic recovery among CCRCs: Fitch
By
Kimberly Bonvissuto
Sep 07, 2022
Operating performance and future demand for continuing care retirement / life plan communities could be significantly affected if inflationary pressures continue beyond this year, according to Fitch Ratings.
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.
CCRC occupancy increased to 86 percent in second quarter: Ziegler
By
Kathleen Steele Gaivin
Aug 18, 2022
Overall occupancy in continuing care retirement / life plan communities increased to 86% in the second quarter in the 99 primary and secondary markets followed by NIC MAP, according to an article in the...
Western North Carolina sees first newly built CCRC in 20 years
By
Kathleen Steele Gaivin
Aug 16, 2022
Legacy at Mills River, projected to open in late 2024, will be the first new continuing care retirement community to be built in western North Carolina in more than 20 years.
Updated law expected to boost CCRC construction, expansions
By
Kathleen Steele Gaivin
Aug 15, 2022
An updated application and licensing process for continuing care retirement communities in South Carolina is expected to help drive more construction projects and create more housing for older adults in...
Record entry fee sales driving Healthpeak’s CCRCs in second quarter
By
Kimberly Bonvissuto
Aug 04, 2022
Healthpeak Properties’ continuing care retirement community segment is seeing unprecedented entry fee collections, according to executives speaking during the Denver company’s second-quarter earnings...