A recently released research study by Northwestern Mutual revealed stark differences in cost for home health care, assisted living facilities and nursing homes across the U.S. that show some Americans are spending nearly seven times more for certain long-term care services than others. The survey of 7,000 home health care providers, assisted living facilities and [...]
The Retreat at Santa Rita Springs Rolls Out Casitas The Retreat at Santa Rita Springs celebrated its grand opening last month and welcome its first residents to Green Valley, Arizona’s newest independent living community. Watermark Retirement Communities is opening the first phase of 28 new Casitas. The new project overlooks the Santa Rita Mountains and [...]
The Assisted Living Federation of America (ALFA) last week announced its support for legislation that will provide relief to one million poor seniors in assisted living communities who purchase prescription drugs under Medicare. The bill calls for ending discrimination against dual-eligible seniors who receive both Medicare and Medicaid but live in home and community based [...]
The Government of Canada, the Government of Ontario and the United Counties of Prescott and Russell recently announced more than $2.3 million in funding for affordable housing. The event marked the grand opening of 25 new affordable housing units in the Nation and funding for eight senior rental units in Rockland and down payment assistance [...]
Greystone Communities formally announced earlier this week that an employee group has purchased the company back from parent Sunrise Senior Living so as to once again be a privately-held company. Earlier this month, Senior Housing News reported this transaction in “Sunrise Senior Living To Sell Greystone Interest In An Effort To Raise Cash And Stem [...]
The trend in university affiliated senior housing continues…this time in Lubbock, Texas. The Texas Tech Alumni Association is endorsing Raider Ranch Traditions that will consist of assisted and memory care services with 89 assisted living apartments and 47 memory care apartments. The assisted living facility is scheduled to open in April and will provide luxury [...]
The Ohio Housing Finance Agency (OHFA) Board approved its Annual Plan last week, which addresses the state’s affordable housing needs in Ohio. The plan is a strategic guide that highlights current affordable housing issues covering homeownership, multifamily development, and management. The OHFA Board also approved over $6 million to fund affordable housing. Approximately $2.15 million [...]
Whether you’re a large or small senior living operator, developer, investor or manager, times are tough and forcing choices for all senior housing companies. The AAHSA released one article on entitled, CCRC Management in Tough Times, which discusses ways to navigate the rough economic waters by focusing on the communication, cost cutting and effective implementation [...]
CJE SeniorLife, in partnership with the Jewish Federation of Metropolitan Chicago/Jewish United Fund, recently announced: Karmel, the first Jewish-sponsored continuing care retirement community (CCRC) in the Chicago area, with plans to open in 2012. The full continuum of care community, to be located on the present Weinberg Community for Senior Living property in Deerfield, Illinois [...]
