http://seniorhousingnews.com/2011/11/15/nuns-go-bankrupt-over-chicago-senior-living-facility-blame-recession/ Wed, 16 May 2012 14:14:11 +0000 hourly 1 http://wordpress.org/?v=3.3.2 http://seniorhousingnews.com/2011/11/15/nuns-go-bankrupt-over-chicago-senior-living-facility-blame-recession/comment-page-1/#comment-3183 souyoul developement Thu, 17 Nov 2011 03:43:35 +0000 http://seniorhousingnews.com/?p=6749#comment-3183 greystone the advisor, developer and marketing agent for the francisans dropped th e ball here and are not mentioned in the story. greystone the advisor, developer and marketing agent for the francisans dropped th e ball here and are not mentioned in the story.

]]> http://seniorhousingnews.com/2011/11/15/nuns-go-bankrupt-over-chicago-senior-living-facility-blame-recession/comment-page-1/#comment-3182 breid1215 Wed, 16 Nov 2011 12:24:31 +0000 http://seniorhousingnews.com/?p=6749#comment-3182 The market for ILF units at average prices of $1 MM+/- is thin and getting thinner all the time. Does anyone prudent really think it's a great idea for mom or dad, at age 77, to be moving into a million dollar apartment on the "Gold Coast"? One need not take a Franciscan vow of poverty to recognize the benefits of modest and sensible living. The market for ILF units at average prices of $1 MM+/- is thin and getting thinner all the time. Does anyone prudent really think it's a great idea for mom or dad, at age 77, to be moving into a million dollar apartment on the "Gold Coast"? One need not take a Franciscan vow of poverty to recognize the benefits of modest and sensible living.

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