Reviews

Reviews: CCRC LifeCast’s dynamic list of Continuing Care Retirement Community reviews conducted as part of our CCRC journey.  

Community Reviews

CCRC LifeCast Community Reviews




Arizona

Mirabella

Phoenix New Times — ASU Plans 20-Story Tower (2016)

Sagewood

RE Business Online — CCRC in Phoenix Completes $13.2M, 60 unit Expansion (2016)


Colorado

Balfour at Riverfront Park

The Balfour at Riverfront Park: CCRC LifeCast Review (2016)

Balfour at Riverfront Park: Emerging Trends in the News (2015)

Senior Housing News — The New Urban CCRC: A Smaller, Smarter Senior Living Option (2015)

The Denver Post — Restored Moffat depot part of luxury residences for seniors in Denver (2015)

Video — Balfour Grand Opening (2015) 

The Denver Post — Construction for seniors is surging in metro Denver (2014)

Senior Housing News — In the Pipeline (2013)

The Denver Post — New partner found for downtown Denver senior-living housing project (2012)

Vi at Highlands Ranch

Denver Business Journal — Behind the List (2014)

Senior Housing News — Classic Residence by Hyatt in Highlands Ranch Celebrates Grand Opening (2008)

Denver Business Journal — Senior Housing Industry (2008)

Saunders — Construction (2005)


Connecticut

Elim Park

Elim Park : Explore the possibilities Active Aging Week 2016 (2016) 

 

Florida

The Springs at South Biscayne

Herald Tribune — Blending faith and elder care (2014) 


Georgia

Lake Vista at Eagle’s Landing

Senior Housing News — Senior Living Meets Mega-Churches in Innovative Development Model (2016)

RE Business Online — Omega Communities to Develop $45M Seniors Housing Property in Metro Atlanta (2016)

Atlanta Business Chronicle — $45 million continuing care community coming to Stockbridge (2016)

Thrive

Senior Housing News — Thrive Senior Living Opens New Assisted Living Community (2016) 


 Illinois

Plymouth Place

RE Business Online — $56.3 million in fixed-rate bonds for Plymouth Place Senior Living (2016)

The Admiral at the Lake: CCRC LifeCast Review (2015)

The Admiral at the Lake: Emerging Design Trends (2015)

Chicago Tribune — Area senior communities have deep roots (2016)

Senior Housing News — Senior Living Providers Plant Seeds and Watch Wellness, Sales Grow (2015)

Houz — FMA Interior Design, Inc. (2014)

Chicago Health — More than Bridge and Bingo (2013)

RE Journal — The Admiral at the Lake tops-off construction on new facility (2011)

Chicago Tribune — Redevelopment set for Admiral senior complex (2007)


Iowa

Deerfield: CCRC LifeCast Review (2015)

Deerfield: Uneven Hospitality (2015)

Iowa Public Radio — Retirement living 21-year-old (2016)

Business Record — Drake student strikes deal to live, perform at retirement community (2015)

Green Hills: CCRC LifeCast Review (2015)


Kansas

Ranch House

Senior Housing News — Midwest Health Senior Living Community Starts Construction (2016)

Village Shalom

Long Term Living — A $47M CCRC modern overhaul (2016)


Massachusetts

Brooksby Village

Brooksby Village: CCRC In The News (2015)


Minnesota

Cardigan Ridge

Senior Housing Business — $17.9M Construction Loan for 120-Unit Community in Minnesota (2016)

Cherry Pointe of Minnetonka

Senior Housing News — Minnesota Senior Living Community Breaks Ground (2016) 

Ecumen Seasons

Senior Housing News — Ecumen Opens New Senior Housing in Apple Valley, Minnesota (2011)

Harmony River

Senior Housing News — Leaders Celebrate Groundbreaking of New Minnesota Senior Center & Housing Project (2010)

Keystone of Eagan

RE Business Online — KeyBank Secures $31.7M in Loans for Two Minnesota Seniors Housing Properties (2016)

Keystone of Prior Lake

RE Business Online — KeyBank Secures $31.7M in Loans for Two Minnesota Seniors Housing Properties (2016)

North Ridge

McKnight Senior Living — Improving quality of life is goal of senior living tech initiative (2017)

Rivers, The: CCRC LifeCast Review

Shores of Lake Phalen, The

RE Business Online — $30M Sale of 105-Unit Seniors Housing Community in Minnesota (2016)

Sterling Pointe

Senior Housing Business — $6M FHA Refinancing for Community in Minnesota (2016)

Trillium Woods

Senior Housing Business — $161M CCRC in Minnesota (2016)

12 TV — Trillium Woods aims to redefine (2015)


New Hampshire

Riverwoods

Union Leader — Meeting a growing demand: Affiliation of 2 retirement communities will add benefits for residents (2016)

Silver Square

Senior Housing Business — $15.1M Construction Financing for LCB Development in New Hampshire (2016)


New York

Crotona Senior

Senior Housing News — Largest LGBT Senior Community Underway in New York City (2016) 

Fountaingate Gardens

Fox Run Orchard Park

Business Wire — Fitch Ratings of Fox Run at Orchard Park

Ingersoll Senior

Senior Housing News — Largest LGBT Senior Community Underway in New York City (2016) 

Jefferson’s Ferry

Kendal on Hudson

Peconic Landing

The Amsterdam at Harborside

The Knolls, a Bethel Community


North Carolina

Pine Forest Plantation

Long Term Living — Doctors Set Up Shop At Local CCRC (2016)


Ohio

Ganzhorn Suites

Architect of Change of the Week: Eleanor Alvarez

Judson Retirement Communities

Judson Retirement Communities: CCRC In The New (2015)

Otterbein

Senior Housing News — Otterbein Envisions ‘Invisible’ CCRC (2016)


Oklahoma

The Ranch

Stillwater News Press — Stillwater couple looking forward to life on The Ranch (2016)

PRWEB — Ziegler Closes $110.96 Million Financing for Epworth Living at The Ranch (2016)

RDG Planning and Design — Official Groundbreaking (2016)

Stillwater News Press — Ready for Retirement (2016)


Oregon

RoseVilla

Rose Villa : Emerging Design Trends (2015)


Pennsylvania

The Crossings at West Shore

ABC27.com — $30M senior living facility coming to Cumberland County  (2017)

Cathedral Village

McKnight’s — Cathedral Village completes $3.2 million renovation (2016)

Kendal at Longwood

Kendal at Longwood: Experiences Life at a Continuing Care Retirement Community Book Review (2015)

Scarlet Oaks

Marcus & Millichap — Scarlet Oaks is sold for $4.5 Million (2016)


Tennessee

The Heritage at Brentwood: CCRC LifeCast Review (2015)

The Heritage: First Impressions Matter (2015)

Tennessean — The Heritage at Brentwood’s walk-in clinic offers convenience for seniors (2015)

Senior Housing News — Tenn. Life Care Services Community Plans $9 Million Expansion (2012)

Livability: Brentwood, TN  — A Great Place to Retire (2011)


Texas

Presbyterian Village North

McKnight’s — Dallas CCRC announces progress in expansion (2016)


Virgina

Lucy Corr Village

RE Business Online — $21.2M for Expansion in Richmond Suburb (2016)


Washington

Emerald Heights

RE Business Online — Emerald Communities Completes $60M Expansion (2016)

Franke Tobey Jones

Business Examiner — Major expansion planned for 90-year-old senior community (2016)

Judson Park: Des Moines, WA

Judson Park: Community Wellness with Mission

Masterpiece Living — Masterpiece Living Designates Four New Certified Centers for Successful Aging (2016)

ABHOW Corporate Video — Sodexo + ABHOW: Innovating Dining in Senior Living

Morningstar Business Wire —Fitch Affirms American Baptist Homes of the West (CA) Rev Bonds at ‘BBB+’; Outlook Stable (2016)

Senior Housing Business — Five critical points you need to know about ACOs (2015)

AGETECH WEST — AGETECH Starts “Senior Exergames” Initiative (2014)

Timber Ridge at Talus

RE Business Online — LCS Development Nears Completion of $154.5M, 180-Unit CCRC Expansion Near Seattle (2016)


Wisconsin

Cottages at Cedar Run

Cottages at Cedar Run: Emerging Design Trends (2015)





2 Comments

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  1. Amid the housing downturn, many CCRCs saw occupancy rates drop because prospective residents had trouble selling their homes.

    • You are so right. CCRCs are like other real estate investments, illiquid, especially in an economic downturn or difficult real estate market. And the finances of CCRCs are dependent upon high occupancy rates. Most new residents have to sell their existing home to afford the typical CCRC buy-in. (CCRC buy-ins are often priced so as to closely match the average home value of the target customer.) When existing homes aren’t selling, people aren’t moving into CCRCs. Inability to get new residents can be brutal on a facility’s finances. Several bankruptcies resulted from the 2008 financial crisis. New facilities that couldn’t sell out were hurt. Even some existing facilities were hit hard. But certainly not all. This is why it’s so important to get it right the first time when buying into a CCRC. Financial stability is an important consideration, but financial stability is a function of success in creating a community that attracts new residents year-after-year. A rule of thumb is an occupancy rate greater than 90% is good. Waiting lists to get into a preferred community speak volumes. Moving into the wrong CCRC is very costly. The right one supports successful aging and social engagement. They can be the perfect antidote to the loneliness of aging in place. But the wrong one can be a disaster, both financially and emotionally.

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