Current News

Resources

Robson Resort Active Adult Communities Adopts Masco’s Environments For Living Program Robson Communities, Inc. recently announced that all new homes will be constructed under Masco Homes Services Inc.’s Environments For Living (EFL) program, which prescribes state-of-the-art requirements for energy efficiency and advanced construction techniques. Robson is a large, privately owned active adult community developer in Arizona and each of its seven unique active adult resort-style communities [...] Wednesday, March 10, 2010

Recent Survey Shows More Americans Plan To Save More, Work Longer A new report from the Center for Retirement Research at Boston College finds that 40 percent of individuals 45-59 expect to retire later than they had before the downturn, with most of the respondents intending to work an additional four or more years before retirement.  The survey entitled, Workers’ Response to the Market Crash: Save [...] Wednesday, March 10, 2010

Capital Senior Living Announces Three Community Lease Transaction in Indiana Capital Senior Living Corporation (“CSU”) (NYSE:CSU) announced that Midwest Portfolio Holdings II, LP (“Midwest II”), a joint venture in which it holds a 15% partnership interest, has entered into an agreement to sell three senior living communities to Health Care REIT, Inc. (NYSE:HCN). Upon closing the transaction, CSU will lease the communities from HCN. CSU [...] Wednesday, March 10, 2010

Willow Towers of New Rochelle Earns New York State Assisted Living Residence Licensure Willow Towers, a not-for-profit luxury Assisted Living Residence in New Rochelle, New York, and part of the United Hebrew of New Rochelle’s campus of senior services, announced the receipt of the new Assisted Living Residence (ALR) licensure, with dual certification for Enhanced Assisted Living Residence (EALR) and Special Needs Assisted Living Residence (SNALR) by the [...] Wednesday, March 10, 2010

Atria Sunnyvale Announces Multi-Million Dollar Expansion For Alzheimer’s & Dementia Care Unit Atria Senior Living Group announced renovation plans for Atria Sunnyvale, a local independent and assisted living community, that will create a Life Guidance® memory care neighborhood for residents living with Alzheimer’s and dementia. Set to begin in March 2010, the multi-million dollar renovation will also include aesthetic upgrades to the community’s overall interior.  Atria’s [...] Tuesday, March 09, 2010

Capital Conundrum: Distressed Commercial Real Estate Provides Competition For Senior Housing Why is it so difficult to attract capital in the senior housing industry?  Clearly it’s not the demographics, the demand or the oversupply of new product.  It’s the competition that the capital faces.  Many investors are waiting for the bigger, better deal with greater returns with other opportunities on the horizon.  When speaking with private [...] Tuesday, March 09, 2010

Greystone Healthcare Chooses Patient Placement Systems to Automate Admissions Processes Patient Placement Systems (PPS) announced that Greystone Healthcare Management has rolled out the Web-based Referral Management System software to automate marketing and admissions for its 25 skilled nursing facilities in Florida, Indiana and Ohio.  Greystone’s personnel were trained and the system was rolled out to all of its facilities within three weeks of the project [...] Tuesday, March 09, 2010

ACTS Retirement-Life Communities Announces Partnership with Peninsula United Methodist Homes and Heron Point of Chestertown ACTS Retirement-Life Communities Inc., (ACTS) and the Peninsula United Methodist Homes, Inc. (PUMH) and Heron Point of Chestertown (Heron Point), recently announced the signing of agreements in which PUMH and Heron Point have agreed to become affiliates of ACTS effective May 1.  ACTS is the nation’s largest not-for-profit owner, operator and developer of CCRCs. Through [...] Tuesday, March 09, 2010

Employees Caring For Older Relatives Cost Employers $13.4 Billion Annually Trying to minimize the costs of care for parents or loved ones?  You might be saving costs but your employer is not.  Employees in the U.S. who are caring for an older relative are more likely to report health problems like depression, diabetes, hypertension or heart disease, costing employers an estimated average additional health care [...] Monday, March 08, 2010

Announcing Senior Housing News Weekly We are pleased to announce a new feature, Senior Housing News Weekly, which is an email summary of the week’s most popular articles focusing on more consumer content.  The feedback that we’ve received from our consumers and business professionals is that they enjoy our newsletter but don’t need it on a daily basis but would [...] Monday, March 08, 2010

Nuns on the Run? Article on Clare Discusses Current Status and Challenges of CCRC Project Crain’s Chicago Business recently ran an article entitled, “Upscale senior home The Clare averts default after cancellations soar”, that discusses some of the challenges and strategies that the high-profile continuing care retirement community is currently facing. The high-profile, 52 story high rise has attracted national attention for its lawsuit arguing it should be exempt from [...] Monday, March 08, 2010

National HealthCare Corporation Reports 5% Increase in Revenues For 2009 National HealthCare Corporation (NYSE Amex:  NCA, NHC.PRA), a national long-term care operator, announced fourth quarter 2009 income of $4.9 million dollars or .37 per share compared to $2.7 million or .21 cents per share.  Revenues for Q4 increased 4.2% and operating revenues for the full year increased by 5.5%. NHC operates 76 long-term health care centers [...] Monday, March 08, 2010

Survey Shows Homeowner Confidence and Home Values Facing Reality Check For Spring Selling Season The spring selling season is getting underway and many American homeowners are still expressing frustration over the reality of home prices versus their own expectations as part of the sales process. The Zillow Q4 Homeowner Confidence Survey shows that American homeowners’ confidence in their own homes’ values during the fourth quarter fell to the lowest [...] Sunday, March 07, 2010