CCRC Executive Directors See Salaries Up Nearly 4% in 2019

Wages rose again for executive directors of continuing care retirement communities (CCRCs), and they weren’t the only ones who saw a pay bump in the past year. The national average salary for a CCRC executive director rose to $172,806 in 2019, an increase of 3.94% over the previous year’s average executive director salary of $166,252, […]

Meet the ‘A-Team’ Behind This $300M Zen-Inspired CCRC

A “zen-inspired” continuing care retirement community in northern California is taking shape. Proposed by Kendal Corporation, Greenbrier Development and the San Francisco Zen Center, the project now has a name, financial backing, approval from local officials and a growing list of seniors interested in calling it home. The project brings an innovative new twist to […]

High-Rise CCRC The Admiral Commits to Wellness, Tech in New Strategy

Senior living communities are in constant reinvention, looking for ways to improve operations, strengthen relationships with residents and employees and plan long term for future growth. This is something The Admiral at the Lake, a Kendal Corp. continuing care retirement community in Chicago’s Edgewater neighborhood, knows well. It has gone through several reinventions throughout its […]

Senior Living Communities CEO: Oversupply Will Last Longer Than Many Expect

Workforce and occupancy are the top 2019 priorities for Senior Living Communities (SLC) CEO Donald Thompson, but he’s also taking a longer view. He foresees that current market pressures will last longer than many in the industry expect, and that there will be fruitful investment opportunities on the horizon. “I don’t think this overbuilding is […]

Avamere Forges Ahead with Ovation Micro-CCRC Projects

In an effort to win over the next generation of senior living residents, providers are beginning to rethink traditional models such as the entrance-fee continuing care retirement community (CCRC). One new alternative — the “micro-CCRC” concept being developed by Wilsonville, Oregon-based Avamere Companies — has encountered some construction delays but is on track to hit […]

Acts Communities Become Living Labs to Drive Better Brain Health

Acts Retirement-Life Communities is conducting a two-year study in its communities, tracking the changes in residents’ brain health habits as a result of participating in Total Brain Health classes offered across the portfolio. The results of the study may serve as a blueprint for maintaining brain health as seniors age. The study, conducted by Acts […]

Pacific Retirement Pushes to Open More Mirabella CCRCs in Urban Markets

One non-profit developer, owner and operator of continuing care retirement communities (CCRCs) is betting that more seniors will flock to the urban high-rise model of senior living, especially if there’s a university affiliation involved. Medford, Oregon-based Pacific Retirement Services (PRS) is moving full steam ahead with its plan to open Mirabella-branded senior living high-rises in […]