Retirement Dynamics Article Archive
Posted: Wednesday, October 22, 2014
A satellite blasts off!
Is a satellite right for your market? Are you landlocked? Do you have a strong secondary market that is around 10 miles away from your main campus? Steps to exploring and succeeding a satellite.
Posted: Tuesday, October 21, 2014
The price is right???
Are you maximizing your occupancy and revenue? Pricing is the first thing your customers want to know and one of their largest influences in choosing your community...make sure the message is clear and compelling.
Posted: Sunday, October 19, 2014
Wisdom at work in Mystic
Masonicare has been serving older adults in Connecticut for over 100 years. Their entrance fee CCRC, Masonicare at Ashlar Village, is part of a robust continuum that includes a physician practice, stand-alone nursing and assisted living communities, an acute care and geri-psych hospital and a statewide home health and hospice program.
Posted: Saturday, October 18, 2014
Let’s give them something to talk about
When was the last time you surveyed your prospects or hosted focus groups? This work gives you a great return on investment in the form of cost-effective lead and sales generation that also creates great content and a good event plan. You may be surprised what you get when you ask people for their opinion, thank them and share what you learned from them. Reciprocity works… these potential customers will make time in their days for you, and you can return the favor.
Posted: Thursday, October 2, 2014
Talent bridge to independence
The growth of the CCRC industry in the 70’s and 80’s has resulted in many 20th, 25th and even 30th anniversaries for retirement communities recently. For numerous communities, a time of transition has accompanied those anniversaries as the early ED’s and CEO’s began to move into retirement. Waterman Village experienced such a transition in leadership immediately after their 25th anniversary. After the CEO retired, Waterman Village remained in a state of transition while the Board made sure they had the best new leader for the community and the Marketing Department.
Posted: Friday, November 8, 2013
Sims Monitors the Market and Closes Refinancing
Congrats to all the good people who live and work at the Loomis Communities...and thanks to the Sims team for good timing!
Read article from the HJ Sims website
Sims Monitors the Market and Closes RefinancingBackground
Sims was engaged by Loomis Communities (Massachusetts) earlier this year to refinance its outstanding bonds and bank loan and provide additional funds for annual capital expenditures for the next three years. Loomis’ goals for the financing included a) net present value savings, b) level annual debt service payments, c) improved cash flow, d) improved debt capacity and e) eliminate variable and adjustable interest rate risk. Loomis Communities is evaluating future upgrades to the Loomis House nursing center which it may finance with additional debt.