Continuing care retirement communities (CCRCs) have weathered Covid-19 from a relatively good position over the last couple of years — but looking ahead, there are questions as to whether that trend will continue.
Widespread cost inflation has pushed CCRC and life plan community operators to get creative to maintain margins, continue unit turnover as steadily as possible and identify efficiencies to cut costs. And that has worked thus far to tide them through some of the industry’s darkest days.