According to a recent national survey, assisted living remains enormously popular among seniors and their families  despite the challenging economic environment.  The 2009 Overview of Assisted Living, a comprehensive measure of the state of the industry conducted by the leading senior living associations, shows occupancy rates in 2009 are nearly 95 percent, only a […]

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As businesses struggle and seniors are postponing making the moves to move out of their primary residences, home care services catering to the aging population are experiencing some growth as of the result of the broader economic challenges.  The National Private Duty Association recently conducted an economic outlook survey of its members and found that […]

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The Isle at Watermere, a Southlake, Texas assisted living community recently announced that it had reached 75% occupancy since opening less than a year ago and is looking forward to the conclusion of construction of the clubhouse and condominiums scheduled for August 2009.  Isle at Watermere, owned by Southlake Care Group LP, is part of […]

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Emeritus Senior Living was awarded the Assisted Living Federation of America’s (ALFA) honorable 2009 “Best of the Best” award for the company’s efforts in sales and marketing based upon the launch of its brand identity campaign.  The award recognized the company’s focus on human resources and marketing that tied together the company’s culture and allowed […]

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Sales Simplicity Software (SSS), a software company specializing in sales automation, CRM and marketing for a broad range of industries, recently announced that it is now offering its solution tailored for the Assisted Living sector.  The SSS solution offers automation, CRM, marketing and a powerful suite of lead management tools that will offer Assisted Living […]

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LTC Properties, Inc. (NYSE:LTC) released results of operations for the three months ended March 31, 2009 earlier this month and announced that net income allocable to common stockholders for the first quarter was $8.0 million or $0.35 per diluted share which includes $0.6 million related to the repurchase of 109,484 share of preferred stock, as […]

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The Ensign Group, Inc. (Nasdaq: ENSG), the parent company of the Ensign group of skilled nursing, rehabilitative care services and assisted living companies, reported record results earlier this month for the first quarter of fiscal year 2009.  The company reported total revenue of $130.3 million, a 14% increase from the same period in 2008 and […]

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Brookdale Senior Living released its earnings lat week that showed increases in revenues and funds from operations yet posted a $13.6 million dollar loss in the quarter.  The increase in expenses that attributed to the loss were $318.1 million, an increase of $13.1 million, or 4.3%, from the first quarter of 2008. The increase was […]

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The Visiting Nurse Association (VNA) Assisted Living celebrated its grand opening last month in Somerville, Massachusetts and was attended by local and state dignitaries that came to praise the grand opening of this 99 unit facility. 
As the first assisted living facility in the country to use HUD 202 funding for construction of a senior […]

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Nationwide Health Properties, Inc.(NHP) reported results last week that showed an increase in revenues of 14% and an increase in diluted funds from operations (FFO) compared to first quarter of 2008.  During the quarter NHP sold three buildings in the first quarter for approximately $35.0 million in gross proceeds and invested $8.0 million in revenue […]

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Skilled Healthcare Group reported net income of $10.9 million, or $0.29 per diluted share, as compared to net income of $8.4 million, or $0.23 per diluted share, in the first quarter of 2008 last week.  The company reported revenues during the first quarter of 2009 for a total of $189.5 million, an increase of 4.8% […]

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Ventas (the Company) reported last week that first quarter profitability rose 5% and beat analyst’s estimates with a reported “normalized” funds from operations (FFO) of $95.7 million, or 67 cents a share, compared with $91.5 million, or 67 cents a share, in the first quarter of 2008.  Ventas reduce its full-year outlook for normalized […]

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