Not-for-profit life plan communities saw the strongest year-over-year gains in profitability in a decade by the end of 2025, according to a new Fitch analysis. Improving occupancy, moderating expense growth and stabilizing staff retention through reductions in agency usage have boosted the prospect for life plan communities in the U.S., according to Fitch Ratings, which […]
Fitch Ratings
Senior housing REITs have more stable credit lines thank to their strategies of building new senior housing operating platforms. That analysis is from Fitch Ratings, which compared CareTrust REIT (NYSE: CTRE), National Health Investors (NYSE: NHI), Sabra Healthcare REIT (NYSE: SBRA) and Omega Healthcare Investors (NYSE: OHI). The ratings agency scored the four REITs similarly across a number of factors, with each […]
Operating conditions are continuing to improve for U.S. life plan communities, but the amount of debt they hold and must repay is a potential roadblock clouding the future. Last December, those conditions prompted Fitch Ratings to assign the U.S. non-profit life plan community sector a neutral rating. While senior living communities have largely rebounded from […]
Improving conditions in 2025 mean that life plan communities face a “neutral” operational outlook in the coming year as costs stabilize and average occupancy rises, according to a new report from Fitch Ratings. The ratings agency’s latest U.S. Not for Profit Life Plan Communities Outlook 2026 report, released Dec. 2, maintained an overall neutral outlook […]
Not-for-profit life plan communities (LPCs) are continuing to rebound from challenges in recent years as conditions continue to improve. That’s according to a new report from ratings agency Fitch Ratings. For the Sept. 10 report, Fitch analysts examined the public ratings of 162 LPCs as of Aug. 28, 2024, and came away with the conclusion […]
Conditions in 2025 favor life plan communities more than they did in 2024, according to Fitch Ratings. The ratings agency in December 2024 raised its credit outlook for life plan communities to neutral from a previous outlook of “deteriorating” due to improvements in cost inflation of some goods and services and better staffing conditions. Many […]
The outlook for non-profit life plan communities is improving going into 2025, according to a new analysis from Fitch Ratings. Headwinds including cost inflation of certain goods and services, real estate price growth and higher interest rates have “leveled off,” while demand is rising as the baby boomers age, according to a new Dec. 2 […]
After years of challenges, the road ahead now looks a little brighter for non-profit life plan communities. Life plan communities are seeing more stable occupancy and operational trends than in the past, likely leading them to increase capital expenditure spending in the future. On the whole, “recovery building blocks [are] emerging” for the sector, according […]
Fitch Ratings has set in stone its new rating criteria for new ratings and how it will be monitoring life plan communities (LPCs) moving forward. The agency on Monday said it had made some “notable changes” to its methodology for life plan community ratings, including better defining the major factors it looks at when assigning […]
The rate at which CCRCs increase rent for residents could influence average occupancy, while occupancy growth may keep rental rate increases lower in some cases. That’s according to data analysis on continuing care retirement communities (CCRC) by NIC MAP Vision of the National Investment Center for Seniors Housing and Care (NIC). The analysis focused on […]
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