Cornell University’s The Center For Hospitality Research recently held a roundtable discussion with John Rijos, co-president and COO of Brookdale Senior Living, and Dan Madsen, president and CEO of Leisure Care and John Cobb, president and CEO of Senior Lifestyle Corporation this October. During the roundtable, the participants discussed that the key to success in [...]
Aegis Living, a national provider of senior living and assisted living communities, announced a new partnership with with Bastyr University, an institution of natural health arts and sciences education and research, to make life better for seniors through its new innovative Living 4 Life program. The collaboration will focus on development of programs and activities [...]
TrinityCare Senior Living, Inc. (OTCBB: TCSR), which develops, manages and owns faith-based senior living facilities, recently announced the execution of a $1.65 million investment agreement by RCHP, LLC, a Texas-based boutique investment firm. The investment structure will be made on a per-project basis and will range from $225,000 to $300,000 in cash dependent upon the [...]
The National Association of Home Builders’ (NAHB) 55+ Single-Family Housing Market Index, based on a survey of builders who produce housing designed to meet the needs of mature consumers, released its third quarter data for 2009 that showed an increase of six points to a seasonally-adjusted level of 21. The figure represent the highest level [...]
Pro Con Inc. recently announced that construction is nearly complete for the Brightview Concord River Assisted Living Community, a new 67,000 square foot community that will offer assisted living and a dementia care program for those with Alzheimer’s or other forms of memory impairment. The $11.5 million design build project, located in Billerca, Massachusetts, is [...]
Lifespace Communities (formerly Life Care Retirement Communities), headquartered in Des Moines, Iowa, recently announced that it has become the first senior living provider to adopt the Dakim® BrainFitness(TM) System nation-wide for its 4,500 residents in 11 communities across the U.S. The Dakim BrainFitness System, which has already been implemented in three of its continuing care [...]
Last week the Wall Street Journal ran an article, “A Key for Unlocking Memories” that detailed music therapy for Alzheimer’s and dementia payments through the use of everyone’s favorite MP3 player, the Ipod. The story talks about the various therapy’s available and profiles the Institute for Music and Neurologic Function. The Institute has a “Top [...]
The LaSalle Group, Inc., a Dallas-based real estate developer, announced the ground breaking of the Autumn Leaves of The Woodlands, the company’s first property in the Houston, Texas metropolitan area. Initial construction on the new residence is already underway and is scheduled to be completed by June 2010. The property will feature 38 units and [...]
The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services, hospice care and assisted living companies, announced that a group of its real estate holding subsidiaries has placed mortgages on six of the Company’s 27 unencumbered properties to secure a $40 million five-year term loan from [...]
