The Future of Continuing Care Retirement Communities amid the Residential Housing Crisis and Entrance Fee Debate
|FOR IMMEDIATE RELEASE||
Stephen M. Monroe, Editor
Norwalk, CT – November 7, 2011 – The SeniorCare Investor will be looking into the future of CCRCs, a model that has traditionally been very successful in providing seniors housing and care, during an online conference on Thursday, November 17th. The collapse of the residential housing market, several high profile bankruptcies, and the general economic downturn has the Continuing Care Retirement Communities (CCRCs) market in a place of uncertainty. CCRCs simultaneously face the future bursting demand of the baby-boomers and current consumer apprehension. A panel of industry insiders will examine what is happening to the CCRC market right now, where it is headed, and will reveal crucial information to help steer seniors housing and care professionals in the right direction.
The moderator of the conference, Stephen M. Monroe, Editor of The SeniorCare Investor and The Senior Care Acquisition Report, will pose topical questions including: Is the current takeaway from today’s problems that large entrance fees won’t work? Do they have to be entirely refundable? Partially refundable? Will rental CCRCs start to grow in popularity and be viewed as less risky financially for the consumer? Will lenders go long term without the partial pay down of debt?
Our hand-selected panel of seniors housing experts will address these issues and answer any pressing questions the audience chooses to submit, they include: Joseph Zajdel, Vice President, Business Development, Mather LifeWays, Robert T.E. Lansing, Principal, The Westminster Funds, Mark T. Spiegel, CEO, Formation Development Group, Ryan Frederick, former Senior Vice President, Erickson Living and Steve Monroe, Editor of The SeniorCare Investor and The Senior Care Acquisition Report, and Executive Editor of Senior Living Business will serve as moderator.
The publisher of The SeniorCare Investor, Eleanor B. Meredith, invites you to take part in this must-see online conference. The CCRC sector has been dominated by not-for-profits, partly because of the tax-exempt bond financing mechanism which required little to no equity. Does this need to change in order for the industry to grow and prosper? Will for-profits find a way to finance a growth of their CCRC business, perhaps with long-term strategic capital partners?
This online conference, hosted by The SeniorCare Investor, is expected to generate a stimulating discussion on the future of the CCRC sector. If you’re interested in financing or investing in CCRCs, you won’t want to miss this crucial online conference entitled, ‘The Future of Continuing Care Retirement Communities’ on Thursday, November 17th at 1:00 pm ET.
The SeniorCare Investor is published by Irving Levin Associates, Inc., founded in 1948 and the leading publisher of newsletters, reports and online data on mergers and acquisitions data in the seniors housing and health care industry.
Please visit https://www.levinassociates.com/1111-online-conference or call 1-800-248-1668 for more information about this interactive conference.
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