NJ appoints receiver at two facilities linked to Centers Health Care … Athena sells five nursing homes … Presbyterian Homes’ Moorings of Arlington Heights to add more independent living … Hebrew...
More news for Thursday, Sept. 21
By
Kimberly Bonvissuto
Sep 21, 2023
Lack of purpose in life linked to cognitive decline, study finds … Healthcare expenses take a financial toll on older adults … CCRC ratings unlikely to be affected by SNF staffing mandates: Fitch …...
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...
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 secures high court review in class action case alleging consumer fraud
By
Kimberly Bonvissuto
Apr 14, 2023
The New Jersey Supreme Court will review a trial court’s decision to provide refunds to continuing care retirement community residents who alleged a bait-and-switch scheme by a senior living operator.
Ruling clears way for class-action suit over CCRC refunds
By
Kimberly Bonvissuto
Dec 14, 2022
A class-action lawsuit filed in 2013 against a senior living operator alleging consumer fraud over refunds to continuing care retirement community residents can move forward after a New Jersey judge denied...
Court rules in favor of CCRC in class action entrance fee case alleging consumer fraud
By
Kimberly Bonvissuto
Jan 16, 2024
A provision in state law cited in a class action lawsuit against a continuing care retirement community only applies to food-related fraud and, therefore, cannot be used by residents and families to secure...
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,...
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...