On Friday, September 24, Springhill retirement community celebrated its 20th anniversary, and its distinction as the only nationally accredited continuing care retirement community (CCRC) in northwestern Pennsylvania. This event will include a proclamation presented to Springhill by Erie County Executive Barry Grossman, and presentations from Asbury Communities CEO Edwin Thomas, III, Springhill Board Chair Rochelle [...]
Enterprise Community Partners, Inc. (Enterprise), Eden Housing and California State University, East Bay have partnered to provide 85-year-old Cal State East Bay master’s degree recipient Ida Cotton with an affordable place to call home — The Altenheim, a 174-unit affordable senior housing apartment complex in Oakland, California. Ms. Cotton, who earned the graduate degree in [...]
If owning a home may not be as good as an investment as it was over the last 25 years, should seniors and Baby Boomers skip purchasing a smaller home and start renting sooner? That may be a good option to consider as the popularity of homeownership is waning according to a new survey by [...]
The reverse mortgage industry continues to face challenges and one of its more recent issues has been the treatment of borrowers who have defaulted based upon failure to pay their property taxes and insurance on their homes. The Department of Housing and Urban Development’s Office of Inspector General recently released a new report that states [...]
ResCare, Inc. (Nasdaq:RSCR), a provider of home care to the elderly and persons with disabilities, announced earlier this month that it has entered into a definitive sale agreement with an affiliate of Onex Corporation. As part of the agreement, ResCare has the ability to solicit other proposals until October 16, 2010 and other agreements executed [...]
Construction began last week on an expansion to provide more housing for low-income seniors in Edmonton, Canada. The ground breaking event for Emmanuel Home started the expansion of the project that will build an additional 56 one- and two-bedroom suites, 22 of which will be affordable. The expanded facility will contain 149 units in total, [...]
Lake View Terrace Senior Living Community, a new senior living community in Boulder City, Nevada, celebrated its grand opening last month that includes 66 new units. The project was funded by the Recovery Act through the U.S. Department of Agriculture loan guarantee programs and includes studio and one-bedroom apartments that overlook Lake Mead. Nevada Senator [...]
Live Well Properties recently announced the creation and development of GrandView of Roxborough, a senior living development that will have 79 condominium homes for available for purchase. The project, near the foothills of the Colorado Rockies, will provide individual condo ownership but will provide home and health related services to its residents if necessary. The [...]
Senior living & senior housing…there’s an app for that? There’s a few out there and according to a new study by the Pew Research Center, most cell phone users don’t know how many apps they have on their phones to begin with. The survey shows that taking pictures and sending text messages are the most [...]
