Brookdale Senior Living Inc. (NYSE: BKD) recently announced that it completed the acquisition of 12 communities in Oklahoma and Texas with a total of 421 units for an aggregate purchase price of $31.3 million. The communities had previously been operated by Brookdale under long-term leases. Brookdale also stated that it has entered into an agreement [...]
Last week, the U.S. Department of Health and Human Services released the availability of additional funding to eligible low-income families to meet their home energy needs. The announcement brings the total made available since October to $3.9 billion. The funds, made available through the terms of the latest continuing resolution, will be distributed under the [...]
Last week at the National Association of Home Builders (NAHB) International Builders’ Show, AARP and NAHB announced the award winners for the the 2010 Livable Communities Awards. The awards program honors and showcases trends in home and community design for senior living projects from home builders, developers, architects and design professionals. The award winners from [...]
Senior Lifestyle Corporation recently announced the expansion of its services with the addition of new management contracts for 11 retirement communities in North and South Carolina, Tennessee and Texas. The new additions bring the number of units under management to approximately 10,000 which are a combination of independent, assisted living and memory care units. Of [...]
Earlier this month at the Consumer Electronic Show, Lifecomm LLC unveiled its vision for the its Mobile Personal Emergency Response System (MPERS). The new entry in the MPERS market combines modern styling and aesthetic appeal along with a cellular modem for wireless voice and data communications and an embedded GPS which, combined with other sensors, [...]
The New Year is off to an amazing start for three Henderson seniors with a new home to call their own. HopeLink of Southern Nevada, a non-profit that focuses on preventing homelessness and keeping families together, has teamed up with the City of Henderson to purchase and rehabilitate three homes for low-income seniors. “The City [...]
Last month, Magnolia Court Apartments celebrated its grand opening for the 52 unit affordable housing project in Manteca, California . The San Joaquin County project, which is located on a 1.4 acre parcel, includes 6 studio, 35 one-bedroom, and 9 two-bedroom homes. Magnolia Court, developed by Affirmed Housing Group, was designed to meet LEED Platinum [...]
Foreclosure filings up another 20% in 20011? That’s the future according to a new report from RealtyTrac released today. The report shows that 2.23% of all U.S. housing units, or one in 45, received at least one foreclosure filing during 2010. Over 3.8 million notices went out on a record 2.9 million properties throughout the [...]
The Chinese new year starts in a few weeks and 2011 is the year of the rabbit….guess we’re a little early but this is America. Still a little cold for bunnies running around town right now but the word on the street is there will be a lot of movement once year end bonuses are [...]
