NO CLE - Look Before You Leap: Lessons Learned from CCRC (Life Plan Community) Bankruptcies

This panel will focus on the economics of continuing care retirement communities (CCRCs) and where theyare positioned in the senior living and care industry. Learn how the pandemic and resulting economy haveimpacted CCRCs, and how they are managing the resulting operating challenges. Because CCRCs frequentlyrequire substantial individual financial upfront investment, prospective residents and their heirs may expressconcerns about risks and potential losses in the event of a CCRC bankruptcy. The panelists will explore theseindustry challenges, as well as how a CCRC bankruptcy affects the various case constituents.