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  • Florida CCRC Survives Bankruptcy Scare, Restructures Debt April 17, 2014
    A Florida continuing care retirement community has emerged from Chapter 11 bankruptcy after successfully restructuring about $62 million of debt.  The Jacksonville-area CCRC, sponsored by not-for-profit organization Life Care St. Johns d/b/a Glenmoor, entered a formal restructuring process in early July 2013, with its plan receiving near-unanimous approval b […]
    Alyssa Gerace
  • Long Term Care Insurance Image Suffers, But More in Need Than Ever April 17, 2014
    The long-term care insurance business has experienced ups and downs of late—and it’s still in a state of flux, writes columnist Elizabeth O’Brien in her Retire Well column on MarketWatch.  But, given that the vast majority of Americans don’t have long term care insurance and many have saved on average, less than $25,000 for their… Read More » […]
    Elizabeth Ecker
  • Brookdale, Emeritus One Step Closer to Closing Merger Deal April 17, 2014
    Brookdale Senior Living (NYSE: BKD) and Emeritus Corp. (NYSE: ESC) are one step closer to closing the merger that will make them the largest senior living provider in the nation. The companies announced Thursday that the mandatory waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, allowing the merger to move forward… R […]
    Elizabeth Ecker