Capital and Financing
Capital is one of the most critical issues facing CCRCs. Check here often for information on availability of capital and news on recent financings in the field of aging services.
The repositioning of a Texas CCRC includes new apartments as well as a new health care center that offers state-of-the-art assisted living, memory support and skilled nursing and rehab.
A recent Ziegler CFO HotlineSM poll was devoted to the topic of Resident Monthly Fee Increases. The purpose of the survey is to track the level of resident monthly fee increases for 2013 and to predict potential changes in those monthly fees for the year ahead.
Presbyterian Manors of
Mid-America, Inc., a Kansas continuing care retirement community (CCRC),
is looking to stay competitive going forward by using an $85 million refinance
to reposition its campus and prepare for the future, according to an article in
Senior Housing News.
After initially exploring multiple plans of finance, Plantation Village in Wilmington, NC, elected to pursue a bank loan to fund its expansion project. Plantation Village’s Phase II expansion includes the addition of 27 independent living apartments, a new wellness center and indoor pool, a new auditorium, and the renovation of main common areas and the dining room.
The teachings from the recent Greystone Event were summarized in a short video highlighting the 10 big ideas from the education sessions.