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.
Sinai Residences of Boca Raton commenced site work on the area’s newest planned Life
Care Retirement Community. When completed in the fall of 2015, Sinai Residences will host over 500 residents in 237 independent living residences, 48 assisted living apartments, 24 memory care suites and 60 in private skilled nursing suites.
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.
Throughout the last several years, the senior-living sector has been seeing an increase in single-site providers joining a multi-site organization, as well as single-sites joining forces to establish a stronger, more robust organization. Find out about the strategic rationale for joining in a shared sponsorship initiative.
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.