CCRC outlook not getting worse but also not improving much, Fitch says
By
Kathleen Steele Gaivin
Jan 19, 2024
Fitch Ratings’ outlook for continuing care retirement / life plan communities is “deteriorating,” according to the company’s senior director and sector lead for life plan communities, Margaret...
On-site clinic helps CCRC residents age in place, exec says
By
Kathleen Steele Gaivin
Jan 17, 2024
St. Mark Village, a continuing care retirement community in Palm Harbor, FL, has added a full-service, primary care clinic run by Curana Health. It opened Jan. 4 and serves residents and employees.
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...
Business briefs, Jan. 16
By
Kathleen Steele Gaivin
Jan 16, 2024
August Health exceeds revenue growth following market expansion … Senior living and care providers describe 2023 in one word … 37 Life Care Services Communities receive 5-star Medicare ratings …...
Actions & Transactions, Jan. 11
By
Kathleen Steele Gaivin
Jan 11, 2024
JLL closes $179.5M 7-year fixed rate loan with Fannie Mae for Brookdale … Ziegler provides $68.5M financing for Acts Retirement–Life Communities … Capital Funding Group closes $9.5M HUD loan for...
Fitch assigns ‘deteriorating’ outlook to CCRC sector for second consecutive year
By
Kathleen Steele Gaivin
Jan 10, 2024
Fitch Ratings has assigned the continuing care retirement / life plan community sector a rating of “deteriorating” for the second year in a row.
Favorable rate, occupancy growth bright spots for CCRCs still battling staffing shortages
By
Kathleen Steele Gaivin
Dec 21, 2023
Favorable rate and occupancy growth are providing some relief to continuing care retirement / life plan communities as they claw their way back from pandemic-related staffing shortages, according to a...
Actions & Transactions, Dec. 15
By
Kathleen Steele Gaivin
Dec 15, 2023
Blueprint advises on sale of Fort Mitchell, KY, senior living community … Fitch Ratings affirms Westminster-Canterbury of Blue Ridge bonds at BBB+; outlook stable … Fitch Ratings affirms Friendship...
National health spending reached $45 trillion in 2022, or $13,493 per person, according to an analysis from the Office of the Actuary at the Centers for Medicare & Medicaid Services published Wednesday...
Easy to overlook, but still important
By
John O'Connor
Dec 07, 2023
There is no single silver bullet when it comes to ensuring success in senior living.
