Archive for May, 2010

News Briefs: CLW, Life Care Services, Avery Company, SearStone

CLW Represents Royal Senior Care in $27 Million Transaction CLW Health Care Services Group is pleased to have represented Royal Senior Care (RSC) in a joint venture transaction valued at $27 million. RSC, a subsidiary of Gazit-Globe, will take Cornerstone Healthcare Plus REIT, Inc. as an 80% partner in two of its Assisted Living properties [...]

Morningside of Fullerton Announces $2 Million Expansion, Renovation

Morningside of Fullerton Announces $2 Million Expansion, Renovation

Morningside, a continuing care retirement community in Fullerton, California, has announced plans to expand its Lakeview Hall and Wellness and Fitness Center as well as renovate the community’s lake and surrounding courtyard features.  Construction on the $2 million expansion and renovation project began earlier this month and is expected to take nine months to complete.

New Senior Living & Senior Housing Jobs on SHN

Our job board is hopping with new opportunities across the country.  Here’s a brief listing of current listings.  We’re offering a limited time offer for 2 free job postings for 60 days.  Senior Housing News Jobs…check them out.  Sign up to receive monthly emails on new jobs that have been posted or post your jobs [...]

Kindred Healthcare Announces Acquisition in Cleveland and Opening of LTAC Hospital in Houston

Kindred Healthcare, Inc. ("Kindred")(NYSE:KND) recently announced the acquisition of a nursing, rehabilitation and assisted living facility in the Cleveland, Ohio market and the opening of a new freestanding long-term acute care ("LTAC") hospital in the Houston, Texas market.

ULI Terwilliger CenterSeeks Entries in Workforce Housing Awards Competition

The Urban Land Institute (ULI) Terwilliger Center for Workforce Housing seeking entries for a competition to recognize leadership and creativity in the provision of housing for America’s working families. The Jack Kemp Housing Models of Excellence Awards recognizes developers demonstrating leadership and creativity in providing expanded housing opportunities for America’s working families. The entry deadline [...]

Retirement Calculators In the Crossfire: Garbage In – Garbage Out?

Retirement Calculators In the Crossfire: Garbage In – Garbage Out?

What constitutes a good retirement or senior living cost calculator?  Lately, there has been some cross-fire on the value and the accuracy of retirement calculators out on the web.  A recent story by CBS news entitled, “6 Things Retirement Calculators Get Wrong” that covered Mark Miller was critical of retirement planning calculators and their assumptions [...]

Senior Affordable Housing Project Earns New York State Award

Senior Affordable Housing Project Earns New York State Award

 Birchez Associates was recently honored at the 11th Annual NYS Affordable Housing Conference (NYSAFAH) and NYS Housing Finance Agency’s 50th Anniversary Luncheon in New York City.  The firm was awarded Project of the Year – Upstate for its project The Birches at Esopus, an 80 unit affordable senior housing community in Ulster Park, N.Y. New [...]

Gentiva Health Q1 2010 Earnings Lower On Charges for Settlements

Gentiva Health Services, Inc. (Nasdaq: GTIV), a provider of home health and hospice services, recently reported first quarter 2010 results that Total net revenues of $297.1 million, an increase of 7.5% compared to $276.4 million for the quarter ended March 29, 2009. Gentiva’s income from continuing operations was $10.3 million, or $0.34 per diluted share [...]

New Print and Email Article Features on SHN

We recently rolled out two highly requested features from our readers to share content with friends, family and colleagues.  If you look at the bottom of each full article you’ll see a “email this post” or a “print this post”.  Both are pretty self-explanatory but has been a long time request by many readers.  Look [...]