Category: CCRCs

In the Pipeline: Senior Housing Construction Projects (8/27/15)

The Tower at The Buckingham

(The Tower at The Buckingham – Photo courtesy of Senior Quality Lifestyles Corporation) Construction: Planned Developer Planning $250 Million CCRC in Calif.  San Luis Obispo, Calif.-based general contracting firm John Madonna Construction Co. is proposing a 342-unit continuing care retirement community (CCRC) on 111 acres in Read More »

In the Pipeline: Senior Housing Construction Projects (8/20/15)

MVLH facade

(Masonic Village at Lafayette Hill – Photo courtesy of Masonic Villages) Construction: Planned Immanuel Lutheran Communities Plans Senior Housing Community for Montana Not-for-profit organization Immanuel Lutheran Communities, in partnership with Mountain Plains Equity Group, have developed plans to build a new senior living apartment complex on Read More »

Consolidation Continues: A Shrinking Universe of Senior Housing Operators

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Senior living is already flush with a variety of capital sources, new operators and other entrants looking to cash in on the sector’s favorable demographic trends. But as new players continue to enter the space, they are inevitably priming themselves and the industry for even Read More »

Inside the Multi-Million Dollar Makeover of The Clare

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Chicago’s The Clare became a highly visible symbol of hard times facing the senior housing industry when it defaulted on municipal bonds in 2011. At the time, the 53-story continuing care retirement community occupying premium downtown real estate had outstanding debt of $216.5 million, making Read More »

How CCRCs Drive Referrals by Courting Seniors’ Financial Planners

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Senior living in the United States isn’t cheap, and average prices have been rising each year. And with with continuing care retirement communities (CCRCs) in particular having hefty price tags, these senior living providers increasingly may find financial planners to be invaluable referral sources. The Read More »

In the Pipeline: Senior Housing Construction Projects (7/30/15)

Ventana by Buckner

(Ventana by Buckner – Photo courtesy of Buckner Retirement Services) Construction: Planned Buckner Senior Living Reveals Renderings of Dallas High-Rise CCRC Texas-based Buckner Senior Living, a not-for-profit organization that is part of Buckner International, recently revealed new renderings of its latest project: a high-rise continuing Read More »

Must Reads: Broken Promises in Assisted Living, Health Care’s Weakest Link

Top news organizations around the country recently ran these must-read stories related to senior housing. How a Retirement Community is Embracing the Internet of Things—Episcopal Senior Communities is one of the senior living providers turning to pendant technology to monitor residents’ whereabouts, as well as Read More »

In the Pipeline: Senior Housing Construction Projects (7/23/15)

Stonecroft Health Campus - Mainstreet & Trilogy Health Services

(Stonecroft Health Campus in Bloomington, Ind. — Photo courtesy of Mainstreet and Trilogy Health Services) Construction: Planned Benchmark Senior Living to Break Ground in Woburn, Mass. The Wellesley, Mass.-based operator will break ground on their newest senior living community, Benchmark Senior Living at Woburn, on July Read More »

How Pricing of Services Can Make or Break Senior Living Operations

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Amenities can help senior living providers differentiate themselves from their competition, but they can also leech revenue and silently drain cash flow if not priced adequately. And the issue might only become more pressing given the market: Senior living providers today are tasked with providing Read More »

These are the Highest Paying CCRC Jobs in 2015

Salaries for employees at continuing care retirement communities (CCRCs) have been climbing steadily year after year, providing yet another token of the sector’s ongoing financial recovery, suggests recent salary and wage data. CCRC salaries for management positions have been rising over the years, now getting near Read More »