What’s on the minds of the 45+ mindset this summer? According to the AARP Closer Look June 2010 survey, the respondents concerns include economic issues such as having to stop contributing to retirement savings (28%), having work hours cut or having to take a pay cut (20%), and having problems paying for essential items like [...]
Cornerstone Healthcare Plus REIT Acquires TN Assisted Living/Memory Care Facility for $8.5 Million Cornerstone Real Estate Funds, and its strategic alliance partner and sub-advisor Servant Healthcare Investments, announced that the Cornerstone Healthcare Plus REIT has acquired Terrace at Mountain Creek – a senior living facility that provides independent and assisted living as well as memory [...]
We’re back for Movers and Shakers after a few weeks off with the end of summer and the Labor Day holiday. We’ve got non-profits, retirement communities and research / academic types in this fresh batch…got announcements? Serve them up. Send us your staff announcements at movers-shakers@seniorhousingnews.com
Senior care, senior living products and services continue to be bright spots in the struggling economy and that continues to be evident from reviewing the recently released Inc. Magazine 500 and 5000 lists for 2010. The annual ranking of the fastest-growing private companies in America highlights areas of entrepreneurial growth in the US and highlights [...]
Enterprise Homes, Inc. recently announced that it has begun the construction on a 4.1 acre property in Anne Arundel County’s Brooklyn Park for a $14.5 million project consisting of 90 units of affordable rental housing for low- and moderate-income seniors. The Greens at Hammonds Lane, a four story building, is expected to open in summer [...]
The Canadian government and community members celebrated the grand opening with Kingsclear First Nation for a new 8 unit senior care home last week. The new Wik-Cihpolakon Senior Care Center was funded through the Canada Mortgage and Housing Corporation’s (CMHC) On-Reserve Non-Profit Housing Program (Section 95 program) which provided approximately $730,000 in subsidies for the [...]
Population control in China has always been a sensitive subject for those in the Western world. During the last few months, discussion has arisen that China is reconsidering its “one child” policy as it is finding a rapidly aging population, a problem with not enough babies being born and a shortage of workers and government [...]
Capital Senior Living Corporation (NYSE:CSU) announced Monday that it has completed the acquisition of 12 leased communities from Signature Assisted Living of Texas, LLC. The 12 leased communities are assisted living and memory care facilities located in Texas.
Are there future opportunities to use manufactured housing for affordable senior living solutions in the future? Maybe but there are millions existing of manufactured homes in America and those homes built before 1976 can be inefficient and unsafe in many cases. New legislation is being drafted in Washington to encourage those manufactured home owners to [...]
