The Clare At Water Tower in Chicago, Illinois is one of the most high profile CCRC’s in the country and gets considerable attention. The Bond Buyer Report reported last week that the luxury CCRC needed to dip into its reserves recently to fund its interest carry for its’ November payment. The article, “Upscale CCRC Taps […]
Category: CCRCs
Midway College announced last month that it had finalized an agreement with Christian Care Communities, Kentucky’s largest faith-based provider of senior housing and long-term care services, for an option to purchase sufficient land for developing a “Continuing Care Retirement Community (CCRC)” adjacent to Midway College’s campus in Midway, Kentucky.
Lifespace Communities (formerly Life Care Retirement Communities), headquartered in Des Moines, Iowa, recently announced that it has become the first senior living provider to adopt the Dakim® BrainFitness(TM) System nation-wide for its 4,500 residents in 11 communities across the U.S. The Dakim BrainFitness System, which has already been implemented in three of its continuing care […]
The Amsterdam at Harborside, a six-story, $259 million life care community, recently announced that it has more than 50 percent of construction complete. The Amsterdam will have 229 independent living apartment homes and is the first life care community in Nassau County and only the ninth such community in New York state, is on schedule […]
At AAHSA’s Annual Meeting and Conference in Chicago last week, Ziegler Capital Markets released its inaugural version of the Ziegler National CCRC Listing & Profile, a comprehensive directory of continuing care retirement communities accompanied by detailed research related to the continuing care sector of senior living. The publication is attempting to define continuing care retirement […]
With the Erickson bankruptcy filing, there has been some vocal concern over the status of the deposits at various CCRCs operated by Erickson and has been subject to a significant amount of filings in the Bankruptcy court. The Bankruptcy court has an upcoming hearing to determine whether new residents will receive greater protections for the […]
Somerby at St. Vincent’s One Nineteen, an active retirement community with independent and assisted living, celebrated its grand opening in Hoover, Alabama earlier this month. Consisting of 136 independent living apartment homes and 64 assisted living residences, Somerby at St. Vincent’s One Nineteen is the newest active adult rental retirement community in Alabama. Among the […]
The Moldaw Family Residences at 899 Charleston, the new senior living community on the Taube Koret Campus for Jewish Life (TKCJL), began welcoming residents late last month to the new continuing care retirement community (CCRC) in Palo Alto, California. Moldaw Family Residences was designed around the concept of inspiring older adults to remain active and […]
Mather LifeWays recently celebrated the grand opening of The Mather, a new continuing care retirement community in Evanston, Illinois. The celebration caps six years of planning and development for the one of the more recently constructed CCRC’s in the Chicago Area. Residents of The Mather began moving into the recently completed north building in early […]
La Posada, a 100-acre continuing care retirement community, announced that it is accepting reservations for its Park Centre Homes, the newest component to the campus. Consisting of 35 beautiful homes, this will be the last independent living community to be built at La Posada. La Posada is working with Pepper Viner Homes of Tucson, Arizona […]
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