Conditions in 2025 favor life plan communities more than they did in 2024, according to Fitch Ratings. The ratings agency in December 2024 raised its…
Posts published in “Fitch Ratings”
Life Plan Community Outlook Improving Ahead of 2025 as Some Pressures Ease
By The Citizen on December 2, 2024
The outlook for non-profit life plan communities is improving going into 2025, according to a new analysis from Fitch Ratings. Headwinds including cost inflation of…
Non-Profit Life Plan Communities Start to See ‘Building Blocks’ for Recovery
By The Citizen on September 16, 2024
After years of challenges, the road ahead now looks a little brighter for non-profit life plan communities. Life plan communities are seeing more stable occupancy…
Fitch Ratings Finalizes New Rating Criteria for Nonprofit Life Plan Communities
By The Citizen on August 19, 2024
Fitch Ratings has set in stone its new rating criteria for new ratings and how it will be monitoring life plan communities (LPCs) moving forward.…
New Data Shows Patterns Correlating CCRC Rent, Occupancy Growth
By The Citizen on June 28, 2024
The rate at which CCRCs increase rent for residents could influence average occupancy, while occupancy growth may keep rental rate increases lower in some cases.…
Non-Profit Life Plan Communities Still Face ‘Deteriorating’ Outlook Despite Healthy Demand
By The Citizen on June 26, 2024
Expenses and other pressures have put non-profit life plan communities in the U.S. in a tough spot. According to Fitch Ratings, those difficulties are still…
Skilled Nursing Units Continue to Weigh on CCRC Operations, Performance
By The Citizen on April 11, 2024
By Amy Stulick Skilled nursing beds have contributed to operational stress at continuing care retirement communities (CCRCs) this year, according to a new report from Fitch…
Fitch Announces Changes for Life Plan Communities Ratings to ‘Better Reflect the Risks’
By The Citizen on March 6, 2024
Fitch Ratings has announced potential revisions to its rating criteria for life plan communities and is accepting public feedback before changes are finalized. The changes…
Stability May Be Best Outcome for Life Plan Communities as Cost, Workforce Challenges Remain
By The Citizen on January 18, 2024
Life plan communities have a number of opportunities ahead of them, and many challenges to boot. But until certain factors change, stability may be the…
Inflation, Cooler Home Prices Could Challenge Life Plan Communities in 2024
By The Citizen on December 4, 2023
Life plan communities will continue to face a challenging road in 2024 as real estate prices slow down and inflation continues to put pressure on…
Demand Outlook Improves for CCRCs as Recession, Housing Market Fears Ease
By The Citizen on August 11, 2023
This article is part of your SHN+ subscription A recession and a steep slowdown in home sales have yet to come to pass despite recent…
Life Plan Communities May Face Tougher Market Conditions in 2023, Demand Remains Strong
By The Citizen on January 26, 2023
Life plan communities (LPCs) could face tougher overall market conditions in the year ahead compared to 2022, despite demand remaining strong for all care types.…
Costs, Weakening Economy Point to ‘Deteriorating’ 2023 Outlook for Life Plan Community Sector
By The Citizen on December 5, 2022
Stubborn labor costs and the potential for more distress in the U.S. economic landscape are leading to a worsening outlook for life plan communities in…
Life Plan Operators May Shrink Nursing Wings in Response to Lasting Staffing Headwinds
By The Citizen on October 25, 2022
Elevated staffing costs and difficulty finding workers could affect how some continuing care retirement communities (CCRCs) and life plan communities think about their unit mix…
Stability Ahead for Life Plan Communities, Housing Market May Be Future Challenge
By The Citizen on July 11, 2022
Operational and financial health for life plan communities is projected to remain “relatively stable” in 2022 despite ongoing challenges — but certain economic conditions could…
Transactions & Financings: Moody’s Boosts Welltower’s Ratings Outlook; Friendship Village of Tempe’s $104M Bond Issuance
By The Citizen on October 8, 2021
Welltower’s (NYSE: WELL) credit rating received a slight boost, in another sign that its senior housing operating portfolio’s (SHO) performance is on the rebound. The…
Transactions & Financings: Griffin-American Health Care REIT Merger Complete; HumanGood Secures $120M Bond Package
By The Citizen on October 4, 2021
Griffin-American Health Care REIT III (GAHR III) and Griffin-American Health Care REIT IV (GAHR IV) completed their previously announced merger, setting the stage for the…
Transactions & Financings: Brookdale’s $200M Senior Note Offering; Ventas Completes $2.3B New Senior Acquisition
By The Citizen on September 28, 2021
Brookdale Senior Living (NYSE: BKD) is taking further steps to restructure its outstanding debt. The Brentwood, Tennessee-based owner and operator of senior housing communities on…
Transactions & Financings: Healthpeak Closes $3B Credit Facility; Benedictine’s $132M Refinancing
By The Citizen on September 20, 2021
Healthpeak Properties (NYSE: PEAK) has more credit at its disposal. The Denver-based real estate investment trust (REIT) announced on Monday that it closed on a…
Transactions & Financings: Five Star Offers Business Update; Front Porch’s $306M Refinancing
By The Citizen on September 14, 2021
Five Star Senior Living (Nasdaq: FVE) this week offered a business update, covering its transition of 108 communities to new operators, as well as occupancy…