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,...
With evolving OSHA standards, senior living industry ‘not waiting on government action to run their...
By
Kimberly Bonvissuto
Dec 21, 2021
With guidance changing by the day, earlier recommendations of “be prepared to act” are echoing louder for assisted living providers. Although the Department of Labor’s Occupational Safety and Health...
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...
CCRC investment equality: Fugetaboutit for New York
By
Stephanie Chedid
Sep 03, 2014
Earning more than the cost of capital is not unreasonable and can generally be accomplished without taking extraordinary risks, but New York is hamstrung by investment restrictions. Investment returns...
Video monitoring in LTC facilities: How is assisted living affected?
By
Marty Butler
Oct 13, 2016
How do state laws regarding cameras in long-term care facilities affect senior living? Effects may vary by state, but one state’s experience can be instructive.
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,...
State News July 2014
Jul 01, 2014
ILLINOIS — Democratic Gov. Patrick Quinn was expected to sign legislation designed to reverse decades of race-based disparities in the care provided in all types of long-term care settings.
Flipping mindset to focus on the future will help CCRCs thrive post-pandemic: speakers
By
Amy Novotney
Nov 19, 2020
One of the biggest outcomes of the pandemic on the life plan / continuing care retirement community sector has been giant leaps made in recognizing the importance of connectivity within the lives of older...
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...