Archive for July, 2009

Proposed Northern California Senior Housing Community to Enhance Revitalization of Downtown Area

Proposed Northern California Senior Housing Community to Enhance Revitalization of Downtown Area

Nonprofit developer Resources for Community Development (RCD) and KTGY Group, Inc., Architecture and Planning, are proposing to contribute to the renaissance of Martinez, California’s downtown area. Using the inspiration of the local architecture, the latest in green building technologies and design, and answering the strong demand for high quality affordable housing for seniors, RCD is [...]

Don’t Know Much About HUD’s Lean Processing System For 232/223 Loans? Read These Cliff Notes

Have you been seeing a lot of press and hearing about HUD’s new LEAN processing system lately but don’t totally understand it?  Don’t worry, we feel the same way.  After looking around and talking to various people, we found a primer from Cambridge Realty Capital that does a good job of explaining it in relatively [...]

WellAWARE Systems Rolls Out Affordable Wellness Monitoring Solution for Senior Care Providers

WellAWARE Systems Rolls Out Affordable Wellness Monitoring Solution for Senior Care Providers

WellAWARE Systems, a developer of wellness monitoring solutions for senior care providers, recently announced the commercial availability of its solution that combines proprietary and off-the-shelf sensor, networking, computing, and software technology to deliver a complete monitoring environment without using cameras. Marketed as a turnkey solution with monthly service, it enables caregivers – including professional healthcare [...]

Legacy At Willow Bend In North Texas Receives Multifamily Architecture Award

Legacy At Willow Bend In North Texas Receives Multifamily Architecture Award

The Dream Home Awards recently bestowed the Best in Multi-Family Living — Southern United States Award to DiMella Shaffer, architect of the Legacy at Willow Bend.  The Legacy at Willow Bend, Plano, Texas’s first and only life care retirement community, is situated on a 28-acre site and offers resort-style services and amenities for active, independent [...]

Downgrading Assisted Living Service To Senior Apartments With Home Care To Avoid Costs?

There is no question that operators are under pressure to reduce their operating costs but is the right choice to downgrade your facility and remove service levels to avoid regulation and costs of operating an assisted living facility?  An assisted living facility in Dubuque, Iowa has filed with the state to do just that by [...]

New Legislation Proposes To Expand Access VA Nursing Homes For Gold Star Parents

Nevada Senator John Ensign and Senator Sherrod Brown (D-OH) recently introduced legislation to expand access to care for Gold Star parents that will allow access to VA Nursing Homes to parents who have lost a child in service to our country. Currently, Gold Star parents may receive care in a VA home only if they [...]

Equity LifeStyle Properties 2nd Quarter Results Show Strength

Equity LifeStyle Properties 2nd Quarter Results Show Strength

Equity LifeStyle Properties (NYSE:ELS) released its second quarter results that showed Funds From Operations (“FFO”) of $23.7 million, or$0.77 per share on a fully-diluted basis, compared to $21.7 million, or $0.71 per share on a fully-diluted basis for the same period in 2008.  Net income available came in lower in comparison to results from the [...]

Dakim BrainFitness Now Used in 286 Senior Living Communities, Adding 136 Sites in 12 Months for Dementia-Fighting System

Dakim Inc. announced recently its Dakim(R) BrainFitness(TM) System has now been adopted by 286 senior living communities in 34 states to help residents build their defenses against dementia and memory loss. Dakim has added 136 new sites in the last year, further solidifying its status as the #1 brain training system provider in the senior [...]

Senior Living Community In Bonita Springs, Florida Unveiled

Senior Living Community In Bonita Springs, Florida Unveiled

The Terraces at Bonita Springs, southwest Florida’s newest planned gated senior living community, is hosting upcoming events for prospective residents in August and September.  The Terraces at Bonita Springs, is sponsored by SantaFe Senior Living, a sister company of AvMed Health Plans, one of Florida’s largest and oldest health plans serving Floridians since 1973. The [...]