Archive for February, 2010

Travelling Baby Boomers Find Portable, Shared Internet Access With MiFi by Sprint and Verizon

Travelling Baby Boomers Find Portable, Shared Internet Access With MiFi by Sprint and Verizon

Snowbirds and travelling baby boomers share a common problem with other business people…how do you get portable, Internet access at a reasonable price for a small, travelling group?  Some senior travelers maybe tired of hearing “Honey, can I use the Internet yet?” Many are finding it cumbersome to call the cable company or phone company [...]

Recreational Vehicle Parks See Better Occupancy This Winter With Retirees

Snowbirds are migrating more this year than last according to the National Association of RV Parks and Campgrounds this winter.  The association cites a stronger economy, moderate fuel prices, an improving stock market, and a strong Canadian dollar.  Equity LifeStyle Properties, a national chain of RV resorts is reporting a 16.5 percent increase in seasonal [...]

Volunteers Of America Readies To Open Terraces On Tulane In New Orleans

Volunteers Of America Readies To Open Terraces On Tulane In New Orleans

Terraces on Tulane, a newly constructed senior housing community in New Orleans, Louisiana, is celebrating its re-opening after the former facility was badly damaged by Hurricane Katrina.  The Terraces on Tulane replaces Forest Towers, badly damaged by Katrina, and is a 200-unit community for low-income seniors  and is operated by Volunteers of America (VOA).  The [...]

Florida Department Of Elder Affairs Receives $2.9 Million Grant To Help Seniors Find Jobs

Governor Charlie Crist recently announced that Florida received a federal grant of more than $2.9 million to assist Florida elders looking to re-enter the workforce. Awarded to the Florida Department of Elder Affairs, the additional grant funds will immediately address unmet needs for employment and job training among Florida’s low-income older workers age 55 and [...]

HCP Announces Earnings for 2009

HCP announced it earnings on Friday of last week that showed it earned $26.4 million in the fourth quarter, or 9 cents a share, compared to $34.6 million, or 14 cents a share, in the year-ago quarter.  During the fourth quarter, HCP recognized (which it previously announced) aggregate impairments of $54 million, which primarily included [...]

Senior Living Investment Brokerage, Inc. Announces $11.2 Million Skilled Nursing Sale in D.C. Area

Senior Living Investment Brokerage, Inc. Announces $11.2 Million Skilled Nursing Sale in D.C. Area

Senior Living Investment Brokerage, Inc. announced the closing of a $11.2 million, or $37,949 per bed, sale of a Skilled Nursing Facility located in Washington, D.C. The five story facility is located in eastern Washington, D.C. in one of the oldest communities in the area, the Deanwood Neighborhood. Consisting of 296 beds, the structure was [...]

Zillow Report Shows Early Signs of Double Dip in Home Values

The latest Zillow Real Estate Market Report shows that home values across the country declined again in the 4Q of 2009, marking the 12th consecutive quarter of year-over-year declines.  The report shows that home values in 29 of the 143 markets tracked by Zillow have flattened or have begun to decrease again after showing at [...]

Movers & Shakers: People and Positions For Week Of February 12, 2010

Interested to find out who’s going where and how or just searching future movers and shakers or dreaming of a better job?  Check out our Senior Housing Jobs section for the latest job postings.  Share your personnel moves with the world of consumers and professionals in senior living and senior care. Submit senior living job [...]

Forest City Sells Partnership Interests in Three Supported-Living Apartment Properties to Classic Residence by Hyatt

Forest City Enterprises, Inc., (NYSE:FCEA) recently announced that one of the company’s subsidiaries has closed the sale of its partnership interests in three supported-living apartment communities to a subsidiary of Hyatt Corporation. The three properties, all of which operate under the Classic Residence by Hyatt brand, are located in Teaneck, N.J., Chevy Chase, Md., and [...]