The National Post, a Canadian publication, recently ran an article on Canadian seniors looking to downsize and extolling the benefits of purchasing smaller, luxury types of condominium units rather than renting or participating in a CCRC. While the developers are offering both rental units and condominiums units in the same buildings, they share the same […]
Category: CCRCs
American Baptist Homes of the West (ABHOW) recently announced that CARF-CCAC – the industry accreditation governing body – has awarded all ten of ABHOW’s communities with five-year accreditation in recognition of its ongoing high-level performance in continuing care retirement communities. The Continuing Care Accreditation Commission (CCAC) was founded in 1985 as the nation’s only accrediting […]
Yes, Ruppies. That’s the phrase a coined by Coined by author Kyle Ezell, Ruppies–retired urban professionals–are active mature adults and predominantly affluent empty nesters. Mr. Ezell has written a white paper analyzing this demographic and discusses how and where to market to this particular group. After reading the paper, this is clearly geared towards those […]
Image is everything…..even more today than it has been in the past. Many developers and communities are trying to create marketing and advertising material that provides consumers confidence and clarity to support making decisions to move into their facilities such as the Sunrise Senior Housing Financing Options Guide. Creating Results, a generational marketing firm, recently […]
The Press in the UK, ran an article that talked about how the owners of Shepherds Purse Cheese are looking to construct a £42 million CCRC near their North Yorkshire farm. The project called, Thornton Fields, would be located on 60 acres of their family land near Thornton le Moor and would accommodate up to […]
Over the last 18 months, the ratings agencies have been criticized for the lack of transparency and more importantly, accuracy, in their ratings of mortgage backed securities. Fitch Ratings last week released its ratings guidelines for CCRCs to explain their logic and criteria for rating individual projects that are associated with their bond offerings. The […]
This article in Indian Realty News discusses a new senior housing project in India that sounds a lot like a CCRC that specifically targets NRIs (Non Resident Indians) and their real estate needs. The article states that the cost of entrance is approximately 3,000,000 Rupees and a monthly expense of 10,000 rupees for the pleasure […]
Hook ’em Horns. Even though the project was announced back in 2006, the Texas Exes, the former student association, recently contacted us to let us know that it was making progress on completing its 57-acre independent living campus. The Exes have a unique ability to have access to a diverse, loyal group of alumni who […]
EYC Companies, Inc. has chosen The King Partnership (TKP) to lead its marketing, public relations and sales efforts for The Landmark at Corbinton, a 55+ Active Adult Community located adjacent to the Corbinton Continuing Care Retirement Community (CCRC). This new neighborhood is situated within walking distance of downtown Hillsborough’s historic district. The Landmark at Corbinton […]
As real estate tax revenues continue to fall, many municipalities may start reconsidering and / or challenging exemptions or tax breaks that were once offered as part of the the locality’s lure for developers and investors or aggressive stances taken as part of senior housing initiatives. One such example is the high profile, retirement home […]
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