Amica Mature Lifestyles Inc. (“Amica” or the “Company”), a Canadian developer of luxury housing and services for mature lifestyles, announced it fiscal results for the 2nd quarter last week and showed that the economy affecting its operations. The company’s net income and cash flow were signifcantly lower compared to last year and the lower earnings […]
Category: International
This article in Indian Realty News discusses a new senior housing project in India that sounds a lot like a CCRC that specifically targets NRIs (Non Resident Indians) and their real estate needs. The article states that the cost of entrance is approximately 3,000,000 Rupees and a monthly expense of 10,000 rupees for the pleasure […]
Amica Mature Lifestyles Inc. recently announced that the Company has secured its tenth 99-year contract to manage “Amica at Aspen Woods”, located in Calgary, Alberta. The project will consist of approximately 147 suites and the costs of the project are projected to be over $40 million and the development will include a full suite of […]
The Dallas Morning news recently ran an article discussing Mexico’s growing assisted living market and the allure it is providing to retirees in Texas as an alternative to other US retirement options. With an estimated 1.2 million retired Americans and Canadians in Mexico, developers are looking to provide additional options that are cheaper and relatively […]
ResCare (NASDAQ: RSCR), a leading provider of residential, training, therapeutic, educational and support services for people with barriers to employment and special needs, recently announced that it is re-branding its operations in the United Kingdom to better reflect expansion and diversification plans in the UK. In late 2007, ResCare purchased the workforce service operations of […]
The Associated Press ran an article about Millvina Dean, a 2 month old infant at the time the Titantic sank and 96 years old in 2008, and her need to auction off some of here momentos to pay for her nursing home fees. Even though she lives in Britain and has free health care, she […]
Seniors that want a health lifestyle may want to head north to Canada to get access to taxpayer-funded outdoor gyms where they can do squats, chest presses and even tai chi as part of the ActNow program enacted this past year. These facilities will be spread out across provinces and will enlist local senior groups […]
Dirty old men. They exist but how about indecent proposals from an 85 year old man to a member of a nursing home’s staff? What do you do, chastise the resident or pick up the phone and dial a prostitute? If you’re a nursing home director in Amsterdam, that’s exactly what you do. For Kildegaarden, […]
Canada’s senior population continues to grow and the province of New Brunswick is experiencing a major shortage in the availability of senior housing to meet the needs of its citizens. The Shannex New Brunswick development will create 216 nursing home beds in the next two years as part of a 3 building campus. The area’s […]
With the cost of Senior Housing and Long Term Care facilities being discussed and debated, why not consider living in 700 square feet on a major cruise line? A cruise that is a self-contained lifestyle community, complete with restaurants, theaters, fitness center, library and a new view every day…sound tempting? Shuffleboard, exercise classes, bridge, gambling, […]
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