News & Analysis as of

Chapter 11 Continuing Care Retirement Communities

Cozen O'Connor

Hundreds of Millions Lost by Seniors Due to Bankruptcies Filed by CCRC Communities

Cozen O'Connor on

The Wall Street Journal has reported that recent bankruptcies nationwide in the Continuing Care Retirement Community (CCRC) segment of the long-term care marketplace have resulted in residents losing their buy-in deposit....more

Cozen O'Connor

AG Bonta Conditionally Approves Nonprofit Retirement Communities Transaction

Cozen O'Connor on

California AG Rob Bonta has conditionally approved the sale of California-Nevada Methodist Homes (Methodist)—a nonprofit that operates two continuing care retirement communities—to real estate firm Pacifica Companies LLC...more

Moritt Hock & Hamroff LLP

Restructurings of Continuing-Care Retirement Communities

Continuing-care retirement communities (CCRCs) are a residential alternative for older adults that provide residents with independent-living units and access to amenities, social and recreational activities, and dining...more

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