What’s the Difference Between a Nonprofit and Not-For-Profit?
When presenting at retirement communities and other venues across the country, we get asked a lot of great questions by our attendees. Recently, someone asked a question that others might have wondered about too: What is the difference between a nonprofit and a not-for-profit organization? It’s a great question because while it may sound like [...]
Life Plan Community Occupancy Experiencing Steady Growth
Life plan communities (LPCs, also referred to as continuing care retirement communities or CCRCs) offer residents a unique value proposition. In addition to independent living residences, they generally provide a full continuum of care services to residents if and when they need them. While life plan community occupancy rates fared better than most other types [...]
Opening Your Mind to the Idea of Moving to a Retirement Community
If you’ve ever tried to start a fitness program or diet, or tried to stop smoking, you know that change can be hard. One might assume that making changes gets more difficult as we grow older. After all, you’ve likely heard someone referred to as “old and set in their ways.” But research shows that [...]
Outside-the-Box Solutions for Middle-Market Senior Living
We’ve written several blog posts recently that have garnered attention, including one on the growing market for luxury retirement communities, and a post on the ever-increasing number of affinity retirement communities. But as we’ve noted, it is important that the senior living industry also continue designing solutions that work for the so-called “Forgotten Middle” — [...]
Affinity Retirement Communities Give Retirees Access to What They Love
What’s your passion? Whether you are an art-lover, a yogi, an equestrian, a music fanatic, or just about any type of enthusiast, there is an increasing chance that there is a retirement community geared toward you and your compatriots. Sometimes referred to as niche or affinity retirement communities, a growing number of senior living projects [...]
How a Couple’s CCRC Fees Adjust If One Person Requires Care
One of the more common questions we hear from consumers about life plan communities (aka continuing care retirement communities or “CCRCs”) is how monthly CCRC fees adjust if one person is still living independently – sometimes called “residential living” – while the other requires care. The answer to this question differs depending on the residency [...]