Ventas recently reported its net income applicable to common shares for the quarter ended September 30, 2008 was $64.7 million, or $0.46 per diluted common share.  These results were substantially better than last year but included a  previously recorded contingent liability reversal, offset in part by the valuation allowance on real estate mortgage loans receivable […]

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MetLife’s Mature Market Institute releases its annual survey of Nursing Home and Assisted Living costs.  The Average rates for a private room in a nursing home remained essentially unchanged nationally from 2007, while semi-private rates increased 1.1%, from $189 daily or $68,985 annually in 2007, to $191 daily or $69,715 annually in 2008, according to […]

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Serena Senior Care, a leading Assisted Living and health management services company in Baja California Mexico, announces new services that allow American retirees living in Baja to fully enjoy their retirement, giving them peace of mind and quality of life.  The company opened its doors in spring of this year offering high quality assisted living, […]

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Aegis Living, a national leader in retirement, assisted living, and memory care communities, recently announced the recent purchase of a property in Bellevue, Washington. The Bellevue location is the latest addition for the company, which has implemented a growth plan to serve the increasing needs for retirement communities throughout the West Coast. Set to open […]

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The MetLife Mature Market Institute(R) released a number of new long-term care and care giving publications in advance of Long-Term Care Awareness month in November. Helpful Hints, produced in conjunction with the National Alliance for Caregiving, are two-page informational bulletins that contain tips and advice for older Americans and for those caring for aging friends […]

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Emeritus Corporation (NYSE: ESC), a national provider of assisted living and related services to senior citizens, announced today that it has closed on the balance of a previously announced purchase of 29 communities from Health Care REIT, Inc. (NYSE: HCN) and affiliates. The communities were formerly operated by Emeritus under long-term leases. The initial closing […]

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