If It Ain't Broke, Don't Fix it... But What If It Is?
Wednesday, October 25, 2023, at 1:30 p.m. ET
The CCRC Sector continues to struggle with labor shortages and supply chain issues that are driving up costs (even faster than inflation). So far, Senior Living facilities are reporting a strong rebound in occupancy following the pandemic, with some approaching pre-pandemic levels. However, questions remain: Is the CCRC entrance fee model no longer workable? Is the "continuum of care" concept obsolete? Why are existing campuses downsizing units? And, is the demographic pillar a temporary crutch?
John Spooner, Greystone
Steven Ailey, Forefront Living
Margaret Johnson, CFA, Fitch Ratings
Mary Jane Minier, CPA, Invesco, Ltd.