Senior living professionals are more confident in the viability of the traditional continuing care retirement community (CCRC)/life plan community model today than they were before…
Posts published in “CCRCs”
Imagine living in a suite overlooking an atrium that has the atmosphere of a healing garden, at other times is a venue for musicians or…
window.dataLayer = window.dataLayer || []; window.dataLayer.push({ ‘event’ : ‘marketing-modal-impression’, ‘membership_modal_number’: ‘1’, ‘article_title’: document.title }); function fireClick(){ window.dataLayer = window.dataLayer || []; window.dataLayer.push({ ‘event’ : ‘marketing-modal-click’,…
Lifespace Communities CEO Jesse Jantzen had his work cut out for him when he joined the company in April 2020. He joined a nonprofit provider…
After spending most of 2019 pruning its portfolio, CareTrust REIT (Nasdaq: CTRE) is adding senior housing to its asset mix. The San Clemente, California-based health…
Three-dozen municipal debt issues for senior living communities fell into default in 2020, and five more borrowers have failed to make payments this year. That’s…
Occupancy for life plan communities dipped to 85.7% in the fourth quarter of 2020, representing a new low for the product type, but the rate…
The Spires at Berry College has a claim to fame, being located on the world’s largest college campus. And the recently opened continuing care retirement…
A Chicago area continuing care retirement community has exited a 15-month Chapter 11 bankruptcy process with a reduced debt load, a new operator and a…
A continuing care retirement community in suburban Chicago filed for Chapter 11 bankruptcy protection last week, after defaulting on a portion of its $141 million…
Senior living providers across the country continue to grapple with the ongoing impact of Covid-19. The current landscape, however, can be an ideal foundation for…
New York City is experiencing an influx of new senior living options, with high-profile luxury communities coming online in Brooklyn and Manhattan. Further north in…
The Covid-19 pandemic is pressuring the senior living industry in myriad ways, and providers that don’t adapt with the times risk going extinct. Life plan…
While highrise senior living projects are grabbing headlines in major metropolitan areas such as New York City and Washington, D.C., the trend is also playing…
Henry Ford Village, a 1,038-bed nonprofit continuing care retirement community (CCRC), has filed for Chapter 11 bankruptcy protection. The spectre of financial distress has loomed…
The trend of nonprofit senior housing affiliations snowballed in 2019, and smaller providers now are more motivated than ever to initiate discussions with larger groups.…
Erickson Living on Friday announced a joint venture with National Senior Campuses (NSC) to develop and manage new continuing care retirement communities (CCRCs) across the…
Nearly seven months into the Covid-19 pandemic, continuing care retirement communities (CCRCs) are assessing their financial positions and operational practices, and are beginning to execute…
While for-profit senior living providers are still expanding at a much more rapid pace, nonprofits are continuing to gain scale and sophistication in the midst…