If today’s continuing care retirement communities (CCRCs) were sold on retail shelves, most would be labeled “one-size-fits-all.” After all, each and every resident of a particular CCRC often pays the same price for the exact same product if they’re on the same type of contract, no matter their care needs or preferences. While this cost structure […]
Happy Monday! Hopefully, you’ve already had your morning coffee and you’re ready to take on the day. Before you do, take some time to get caught up on the events of the past few days. In the senior housing world, last week was a week of change: After 45 years, Holiday Retirement is doing away […]
It’s time to set the record straight: “55-plus senior living communities” are a myth. These so-called “independent living communities” are advertised as appealing to a younger demographic of seniors, with lively, fit 60-year-olds often seen playing sports and socializing in their marketing materials. Yes, these communities exist, and yes, their residents are over 55—but, in most […]
This week, Senior Housing News readers learned how to help hire and retain a strong workforce and why real estate investment trusts (REITs) are cutting back on skilled nursing. Readers also learned how the legal battle of one of the nation’s largest nonprofit senior housing providers could change the status quo when it comes to […]
The clock is ticking on a bill sitting on Governor Edmund Gerald “Jerry” Brown’s desk with an Oct. 11 deadline, which would increase regulations for continuing care retirement community entrance fee repayments. Providers are warily watching what will happen in Sacramento, as many believe that legislative changes such as this one could upset standard business models […]
Construction: Planned Developers Plan $40 Million Lake Geneva Senior Housing Whitestone Realty Capital plans to build a $40 million, 126-unit senior housing community near a Lake Geneva resort, reports Milwaukee Business Journal. The development will offer 100 independent living units, 40 assisted and 20 memory care, according to an official from Whitestone cited in the […]
