Biz Briefs: LivHome, WellAware, Meadows Bank

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LivHOME Launches Franchise Program

LivHOME, Inc. announced that it has launched its franchise program to meet the need for community based, professionally led homecare for seniors across the country.  With the launch of its franchise program, LivHOME is making large territories across the U.S. available.

“LivHOME is seeking entrepreneurs who want to build their franchise business with an established, top-tier home care provider. As we launch our franchise program, we are making a number of highly desirable territories available to those who get in on the ground floor. Our professionally led approach differentiates LivHOME in the home care business, providing a higher level of service for discerning seniors and their adult children,” said LivHOME CEO Mike Nicholson.

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WellAware Converts Retirement Unlimited Project

WellAWARE Systems has converted its relationship with Retirement Unlimited, Inc. (RUI), based in Roanoke, by converting two of its retirement communities from pilot projects to partners.  Both the Heatherwood Retirement Community (located in Burke, VA) and The Towers Retirement Community (located in Richmond, VA) have independently converted from a pilot project to a partner and have expanded their use of WellAWARE’s technology across their care continuum. In addition, The Towers has established itself as a Center of Excellence for WellAWARE to test new features and technologies in a real-life setting before making them commercially available.  The WellAWARE solution is available in all units at Heatherwood and The Towers.

“Simply put, we are now able to have clearer indications about what is happening with our residents without being intrusive,” said Susan Green, Administrator of Heatherwood and Board Member of the Virginia Health Care Association. “The families of our residents are convinced this technology provides the caregivers with a better understanding and greater insight into what is happening in their loved one’s life.”

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Meadows Bank Provides $2.4 Million SBA 504 Construction Financing for a New Assisted Living Facility in Sacramento, CA

Meadows Bank recently announced that it has provided $2.4 million in SBA 504 construction and permanent financing to Florin Road Partners to construct a new assisted living facility in Sacramento, CA.

"Meadows Bank was great to work with and was able to provide the construction financing that we needed to move forward with this project," said John Cimino, head of development for Florin Road Partners. "Greg Leuterio, VP of Meadows Bank, and the bank’s government guaranteed lending department was instrumental in guiding us through the process of obtaining an SBA loan." Florin Road Partners is comprised of members who own, manage and operate assisted living facilities in California and Nevada.