Atria 86th Street, located on Manhattan’s Upper West Side, recently celebrated the grand reopening of its newly renovated senior living community. The event showcased the results of a multimillion dollar renovation project, including a renovated penthouse with a salon and fitness center with sweeping views of the Hudson River. The refurbishment also includes an updated [...]
The U.S. Department of Labor recently announced the release of $597 million in funds to continue support for 74 state, territory and national grantees of the Senior Community Service Employment Program for program year 2010 that enable income and training support for 61,900 individuals ages 55 and older, who have low incomes or are unemployed. [...]
According to a new report by Deloitte’s Center for Health Solution, state governments’ obligation to their Long-Term Care (LTC) Medicaid enrollees may have the potential to debilitate government effectiveness and create severe fiscal distress. The report, "Medicaid Long-term Care: The Ticking Time Bomb," cites state budgetary pressures, the fact that Medicaid is the nation’s primary [...]
MassHousing announced $2.4 million in loan commitments last month for the development of Barstow Village in Hanover, which will provide 66 affordable apartments for senior citizens. Barstow Village is being developed by EA. Fish Associates and the Archdiocese of Boston’s Planning Office for Urban Affairs on a 6.6-acre site. The 66 apartments, which include 64 [...]
Presbyterian Villages of Michigan (PVM) celebrated the Grand Opening of Spring Meadows Phase II of The Village of Spring Meadows senior living community in Jackson, Michigan on Tuesday, June 8, 2010. Festivities included a formal program with PVM CEO Roger Myers, Spring Meadows community-based board members and State of Michigan Director of Aging Services Sharon [...]
Emeritus Senior Living (NYSE:ESC) recently announced a partnership with Fit Brains, an online gaming site that offers visitors a variety of games developed to improve brain health, which is an area of focus for Emeritus Senior Living. The Fit Brains games, which are offered on the Emeritus website, were developed by brain health experts and [...]
The Canadian government recently celebrated a grand opening and ground breaking for two new senior housing projects for low-income seniors. Local politicians announced the opening of a $1.7 million project with 23 new affordable housing rental units for low-income seniors in Elgin County and the ground breaking for a new project for 52 units in [...]
The city of Los Angeles and Housing Authority of the City of Los Angeles (HACLA) recently celebrated the opening of the Manchester, a senior public housing community in South Los Angeles. HACLA acquired the property with the intent to renovate the interior and exterior and transformed the apartment building into 27 one-bedroom senior apartments. The [...]
Capital Senior Living Corporation (NYSE:CSU) announced Monday that it has entered into a definitive agreement with Signature Assisted Living of Texas, LLC (“Signature”) to acquire Signature’s interests in 12 leases with Health Care REIT, Inc. (NYSE:HCN). The 12 leased communities are assisted living and memory care facilities located in Texas and have approximately 677 units [...]
