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...
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...
Life plan communities earn high marks from residents
By
Michele Holleran, Ph.D., MBA
Apr 14, 2022
Overall resident satisfaction scores went up significantly during the COVID-19 pandemic. Although this finding may seem counterintuitive, there are plausible reasons for the positive scores.
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,...
How we market CCRC living in a COVID-19 hot spot
By
Eric L. Eichhorst
Jul 20, 2020
Although the methods we use to market senior living have changed, they never have been more essential to supporting seniors seeking to escape isolation and gain added services and socialization benefits.
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.