Analysts are Bullish on CCRC's - Lakeview Village
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Analysts are Bullish on CCRC’s

Analysts are Bullish on CCRC’s

Continuing Care Retirement Communities (CCRCs) like Lakeview Village have been a hot topic lately as financial analysts and retirement planners weigh in on the stability of these retirement communities for seniors.

In an article for National Real Estate Investor, a leading authority on trends in commercial real estate, Lee Everett, a managing consultant at research firm CoStar™ Portfolio Strategy was bullish about active adult communities, particularly CCRCs.

CCRCs represent a longer-term play in seniors housing, according to Everett. These communities will “become more en vogue as the senior population continues to age over the next 20, 25, 30 years.”

Andew Nesi, executive vice president at HJ Sims, an underwriter of tax-exempt bonds, agrees.

“We think the market is mature. We think that it’s well-received by the investment community. We think as an asset class it has performed better than other real estate asset classes through the recession,” Nesi told National Real Estate Investor’s John Egan.

You can read the full article here.

The Wall Street Journal columnist Glenn Ruffenach recently answered a reader’s question about the right time to move to a CCRC in his “Ask Encore” column. His advice to the reader was fairly succinct: when it comes to CCRCs, many of which require a medical screen to ensure residents can live independently in the near term, the greater danger is waiting too late.

You can read the full article here.

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