Senior Living Communities Geared Up to Accommodate Longer Careers, Nonretirees

Exiting the workforce at a “traditional” age is no longer the norm for many older adults, and senior living communities are learning that in order to keep their residents happy and provide a comprehensively convenient environment, they may have to accommodate a variety of interests—including residents who still work in some capacity.  Some retirement communities […]

Contracts Must Provide Incentive to Get Younger Residents into CCRCs

The changing demographics of those entering senior living communities, including older and frailer incoming residents, can have certain implications for senior living communities’ business and financial models, but offering incentives to younger prospective residents can help communities counteract aging-in-place trends. While some continuing care retirement communities (CCRCs) and other senior living models are being noticeably […]

Continuing Life Communities Gets $250 Million Construction Loan for Calif. CCRC

Carlsbad, Calif.-based Continuing Life Communities, a developer and operator of several continuing care retirement communities (CCRCs), recently signed a $250 million construction loan for its newest CCRC, Stoneridge Creek Pleasanton in Pleasanton, Calif. The loan represents one of the largest non-governmental construction loans signed since the beginning of the economic downturn, according to Justin Wilson, […]