Sunrise Senior Living, Inc. (NYSE: SRZ) announced it has completed the previously announced restructure transactions with three of the lenders to its German subsidiaries, Capmark Finance Inc., Natixis, London Branch, and Fortis Bank, UK Branch. Under the restructure transactions, which were first announced in October 2009, such lenders agreed to settle and compromise claims that [...]
May is Older Americans Month and many organizations are rolling out the red carpet for seniors across the country. A meeting with the National Council of Senior Citizens resulted in President John F. Kennedy designating May 1963 as Senior Citizens Month, encouraging the nation to pay tribute in some way to older people across the [...]
The TRIL (Technology Research for Independent Living) Centre, Ireland announced this week a new industry partner, GE Healthcare (NYSE:GE). TRIL is a research initiative, founded in January 2007 by Intel Corporation and the IDA Ireland (Industrial Development Agency), to explore the physical, cognitive and social consequences of ageing and design technologies to help address them. [...]
Searching to see who’s moving where in the senior housing industry? You can follow the action here on Movers and Shakers. Have staffing announcements that you’re proud of? Send them our way at movers-shakers@seniorhousingnews.com
By Jody O’Donnell, SEO Manager, G5 Search Marketing Many senior housing and living providers ask the million dollar question: Which directories are the best for me to sign up for? The answer to the question should end “with regards to my SEO?” When developing your target list of directories, first establish a clear objective. Are [...]
Ventas, Inc. (NYSE: VTR) released its results for first quarter 2010 that showed earnings fell to $52.6 million from $74.2 million a year earlier. Normalized Funds From Operations (“FFO”) for the quarter ended March 31, 2010 increased 9.9 percent to $105.2 million, from $95.7 million for the comparable 2009 period. Average occupancy rates increased to [...]
The Hebrew Home at Riverdale announced that it has joined the NewYork-Presbyterian Healthcare System as an affiliate member which reinforces and builds on the long term relationship between The Hebrew Home and NewYork-Presbyterian Hospital. Located on 19 acres along the Hudson River in the Riverdale section of the Bronx, The Hebrew Home encompasses a comprehensive [...]
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The Gary and Mary West Senior Wellness Center, located in San Diego, California, recently celebrated its grand opening and will serve as Senior Community Centers’ flagship facility. The Gary and Mary West Foundation’s $4 million gift was instrumental in making the center and its innovative programming possible. The facility’s uses of natural resources and technology [...]
