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.
CCRC earns nation’s first certification as a University Based Retirement Community
By
Kimberly Bonvissuto
Sep 27, 2024
An Arizona continuing care retirement / life plan community has been awarded the nation’s first certification as a University Based Retirement Community for meeting all eligibility criteria for senior...
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...
Business briefs, Sept. 16
By
Kathleen Steele Gaivin
Sep 16, 2024
Growing demand, reduced skilled nursing footprint leads to increased memory care units in CCRCs … More providers adding ‘talent’ executives: LZ 200 … Home care, hospice firms selected among top...
‘Truly miraculous’: Donors rally to save CCRC in receivership
By
Lois A. Bowers
Aug 28, 2024
Dozens of donors have pledged millions of dollars over the past few weeks to acquire and keep open a Colorado CCRC in receivership.
Within days of finalizing changes to its ratings criteria for not-for-profit continuing care retirement / life plan communities to better reflect the risk profile for rated communities, Fitch Ratings on...
Decision to remain in nursing home business a complicated one for some CCRCs
By
Kimberly Marselas
Aug 21, 2024
Facing unrelenting staffing and reimbursement challenges, a significant share of life plan communities across the country have shed skilled nursing beds since the start of the pandemic.