I have read recently that many CCRCs are being bought up/out by private equity companies which changes everything about what one signs up for - laying off employees, getting rid of quality food service, cutting activities and maintenance, decreasing the quality of life overall. I find that prospect terrifying. I can't imagine anything much worse than having to move repeatedly in one's 80's or 90's, seeking a place to live where you actually get what you signed up for. Anyone have knowledge about, or experience with, this happening? I'd love to know more because it's time to start looking about.
BP
Comments
I have read recently that many CCRCs are being bought up/out by private equity companies which changes everything about what one signs up for - laying off employees, getting rid of quality food service, cutting activities and maintenance, decreasing the quality of life overall. I find that prospect terrifying. I can't imagine anything much worse than having to move repeatedly in one's 80's or 90's, seeking a place to live where you actually get what you signed up for. Anyone have knowledge about, or experience with, this happening? I'd love to know more because it's time to start looking about. BP
Post: Assisted Living: How Will You Choose?
Link to comment from May 12, 2025