How will American society treat an older lesbian widow who loses her family home because she is not eligible for Social Security survivor benefits? Answers to questions like those can be found in the latest report from the Services & Advocacy for Gay, Lesbian, Bisexual & Transgender Elders (SAGE) attempts to address these types of [...]
What do you think about internet sites and their ability to influence decisions for senior housing? Are you as connected (facebook, twitter) as the media is portraying? As more and more organizations are touting the connectedness of mature consumers, here is your chance to participate in the study. Marketing agency Creating Results is conducting a [...]
American DG Energy Inc. (NYSE Amex: ADGE) announced that it has entered into a fifteen-year agreement to produce energy at Fuller Village in Massachusetts with its on-site energy solution. The solution produces clean, low cost energy in the form of electricity and space heating at Fuller Village and sells it to the independent living community [...]
AdCare Health Systems, Inc. recently signed a definitive purchase agreement for a privately-held assisted living facility in Hoover, Alabama for $5.0 million. The Ohio-based long-term care, home care and management company stated that the 105-unit facility is currently occupied at 59%. The facility, located near Birmingham, was purchased from a bank. AdCare expects to close [...]
On Friday, the attorneys for Erickson Retirement Communities LLC and its affiliated debtors announced that it has emerged from bankruptcy after the US Bankruptcy Court for the Northern District of Texas confirmed the debtors’ plan of reorganization and sale to Redwood Capital Investments LLC. The exit from Chapter 11 culminated with Redwood Capital agreeing to [...]
We would like to take a minute to thank all of our amazing sponsors and advertisers for supporting our efforts to bring you relevant and interesting news in the world of senior housing and senior living. Their support allows us to continue to build and expand SHN. Senior Living Investment Brokerage Jones Lang Lasalle’s Senior [...]
Pfizer Inc. and Acacia Living, Inc. (Acacia) recently announced a strategic alliance to develop an innovative holistic technology solution dedicated to helping seniors age positively and independently. Acacia Living is developing an at-home assisted living connectivity platform to support the ability of a growing aging population to live independently, by improving what Acacia calls access [...]
A University of Michigan study that was recently published in the New England Journal of Medicine finds that more than one in four elderly Americans lacked the capacity to make their own medical care decisions at the end of life. The study of over 3,700 people found that those who had advance directives received the [...]
Senior Living Investment Brokerage announced that it is seeing strong interest in senior living sales during the first quarter of 2010. The company sold three facilities, one in Illinois and two in Florida, totaling over $14.3 million dollars. SLIB sold a 44 unit Assisted Living Facility located in Ormond Beach, Florida, for $2.2 million, or [...]
