Baby Boomers and seniors in the United States are taking a more pragmatic approach to their housing choices as an effect of the economic downturn according to a new study released today. A joint study by the 50+ Housing Council of the National Association of Home Builders (NAHB) and the MetLife Mature Market Institute reveals [...]
Are you a fan of John Stewart and the Daily Show? If so, check out the expose from Jason Jones which talks about STD’s in South Florida with Claymation from earlier this week. The highlight of the bit is when Jason gets a taste of the nightlife at 3:30 pm. The full version is about [...]
If you haven’t noticed, Senior Housing News has updated the job posting section that incorporates more job postings than ever before and from a wider range of employers in the senior housing and senior living industries. The listings incorporate Simply Hired’s network of job sites and aggregates all of those jobs in one place. What [...]
Sunrise Senior Living, Inc. (NYSE: SRZ) announced today that it has completed its previously announced purchase and sale agreement with a wholly owned subsidiary of CNL Lifestyle Properties and an affiliate of Arcapita, which was Sunrise’s joint venture (JV) partner in 29 Sunrise-managed communities. In the transaction, Arcapita sold its 90% interest in the JV [...]
Healthcare spending is up another 4% in 2009 to $2.5 trillion based upon data from the Centers for Medicare & Medicaid Services (CMS) Office of the Actuary. The increase of approximately $8,000 per person is the slowest growth rate in the 50-year history of the National Health Expenditure Accounts (NHEA). The recession has led to [...]
Heritage Woods of Plainfield, Illinois recently celebrated its ground breaking ceremony for the construction of the new $18 million assisted living community. The three-story building will house 108 private studio and one-bedroom apartments. The Builders ProLoan Fund, LLC, on behalf of the Chicago Regional Council of Carpenters, is providing $12.2 million in funding for the [...]
Senior care franchises are popping up all over the place and competing with both established and small, independent operators. A new report from Franchise Business Review takes a look at Senior Care and Home Healthcare franchise opportunities for 2011 and see opportunities for aspiring entrepreneurs. Besides identifying the obvious pros and cons, the report highlights [...]
Did you enjoy SHN’s review of CES 2011? If so, check out these follow up pictures from the show floor at CES. Smart Hub TV From Samsung. The TV’s operating system has hooks into all your favorite web applications. Some these ‘apps’ are health and wellness oriented. Motorola’s set top box….look familiar? It may not [...]
Earlier this month, the Federal Housing Administration (FHA) released new guidance for borrowers and lenders on handling issues associated with delinquent property taxes and unpaid hazard insurance premiums. Failure to pay property taxes and insurance on reverse mortgage constitutes a default where the lender may either make those payment from reverse mortgage proceeds or advance [...]
