The Groves in Lincoln, Inc., the not-for-profit owner and operator of a 168-unit independent living community in Lincoln, Mass., filed for Chapter 11 bankruptcy protection on Monday after defaulting on $88.4 million of tax-exempt bonds. Masonic Health System (MHS) of Massachusetts, Inc. and New England Deaconess Association – Abundant Life Communities, Inc. (DALC) are the […]
Masonic Health System of Massachusetts
During the economic downturn, the independent living sector was hit with steep drop-offs in occupancy and a more sluggish rebound compared to assisted living. In response, some providers are getting creative in ways to spur on the slow-but-steady climb to recovery. They’re also looking to face the upcoming challenge of preparing for the future wave of boomers […]
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