Healthpeak Eyes CCRC Expansion, Last $400M in Senior Housing Sales Imminent

With its exit from rental senior housing near completion, Healthpeak Properties (NYSE: PEAK) is turning its attention to driving growth and value through its three primary real estate segments: life sciences, medical office buildings, and continuing care retirement communities (CCRCs). Healthpeak’s CCRCs reported improved operations, expense controls and occupancy gains in the first quarter of […]

Entry-Fee CCRC Model Seen As Less ‘Endangered’ — But Less Appealing — Than Before Pandemic

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 the Covid-19 pandemic.  However, the picture is complicated by the fact that many industry pros believe that entrance-fee communities are less attractive today than they were in 2019. That’s according […]

NHI CEO: ‘Odd’ Deals Dominate Market, CCRCs’ Unexpected Performance To Be Discussed For Years

With senior living occupancy lower than he’s ever seen it due to Covid-19, National Health Investors (NYSE: NHI) President and CEO Eric Mendelsohn has had to become a more empathetic leader — while still safeguarding NHI’s business and securing its future But Mendelsohn is feeling more optimistic than he was during the last earnings call […]

CareTrust REIT Acquires 4 California CCRCs for $126.1 Million

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 care real estate investment trust on Tuesday announced the acquisition of four rental continuing care retirement communities (CCRC) in Southern California, as well as a new operator relationship. The campuses […]

Bloomberg: 36 Senior Living Muni Debt Issues Fell Into Default Last Year

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 according to an analysis published last week by Bloomberg. A previous analysis, done by Municipal Market Analytics in Aug. 2020, showed 23 retirement communities had reported first-time defaults on municipal […]

Best CCRC Design of 2020: Generations Mix on World’s Largest College Campus

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 community (CCRC) makes the most of its location by integrating seamlessly with its picturesque surroundings and the neighboring school. Laurie Steber could tell that the community was going to be […]