06.12.2020
LPCs/CCRCs
To start, there’s now a more urgent existential risk for those of a certain age or with certain pre-existing conditions. From a societal standpoint, the initial fear that so many people would need intensive medical support that our health care system would be overwhelmed and…
Read More02.12.2020
LPCs/CCRCs
We are at a crossroads where there is tremendous change facing the Continuing Care Retirement Community (CCRC)/Life Plan Community (LPC) industry.
Read More08.23.2019
LPCs/CCRCs
Indeed, it’s really important to ensure that one is solving for the right problem. After all, arriving at any answer is not challenging, but arriving at the right one—one that will further your cause—is considerably more taxing. All investors can be guilty of a little…
Read More08.12.2019
LPCs/CCRCs
Have you seen the latest summer blockbuster? Whether it’s Avengers: Endgame or Once Upon A Time In Hollywood that first comes to mind, their directors will have thoughtfully made the film by drawing on a mix of originality as well as tried-and-tested formulas and emotional…
Read More06.06.2019
LPCs/CCRCs
Not long ago, I was asked to make a presentation on Investment Committee Development. As I prepared for this presentation, I drew on my own experience with investment committees. I also found several interesting research sources. One was a Trustee Primer produced by the CFA…
Read More05.23.2019
LPCs/CCRCs
The popularity of communities designed for adults in retirement or even pre-retirement phases is rising. Whether it’s salsa lessons, zero emissions buildings, gourmet cooking or entrance fees, community members are becoming increasingly discerning.
Read More05.06.2019
LPCs/CCRCs
Everyone “knows” that organizations that invest should have an investment policy. Why is this so important? As Yogi Berra says (and the CFA Institute’s primer for investment trustees reemphasizes), “If you don’t know where you’re going, you’re liable to end up somewhere else.” Faced with…
Read More04.06.2019
LPCs/CCRCs
Asset Allocation for Life Plan Communities can be a tricky exercise. Unlike a charitable foundation, the core mission of a Life Plan Community involves running a business, with emphasis on financing, marketing, facility management and many other crucial functions. The enterprise risk that is at…
Read MorePage 1 of 2 →
Monthly market commentary
November 13, 2020
Read More
October 9, 2020
Read More
September 4, 2020
Read More
August 7th, 2020
Read More
July 10th, 2020
Read More
June 5th, 2020
Read More
May 5th, 2020
Read More
April 3rd, 2020
Read More
March 27th, 2020
Read More
March 20th, 2020
Read More
March 6th, 2020
Read More