Want to know what we think are going to be senior housing trends in 2009?  We looked into the magic, crystal ball and here is a preview of 10 topics and issues that may be hot in 2009….we will be addressing these further over the next month or so: 
1.  When will housing prices find a […]

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Last week the CEO of Sunwest Management filed for personal bankruptcy as part of an effort to restructure the company.  The turnaround consulting firm, Hamstreet and Associates of Portland, Ore., took over Sunwest Management and filed the Chapter 11 bankruptcies last week for different entities affiliated with Sunwest Management.  The most interesting part of this […]

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Brookdale Senior Living Inc, (NYSE:BKD) announced on December 30th, 2008 after the markets closed that its Board of Directors has voted to suspend the Company’s quarterly cash dividend indefinitely.  The company is looking to retain capital for financial flexibility.  The company had been paying a quarterly dividend of 25 cents per share this year.  “Given […]

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AARP has joined the Pennsylvania Assisted Living Consumer Alliance (PALCA www.paassistedlivingconsumeralliance.org) as regulations for oversight of Pennsylvania’s Assisted Living industry are being finalized by the Department of Public Welfare.  AARP Pennsylvania, which has argued for state licensing rules for assisted living for more than a decade, adds a significant voice to the 31-member alliance. AARP […]

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Earlier this week, Emeritus Senior Living announced that it closed on the purchase of five communities from affiliates of Ventas, Inc. (NYSE: VTR). The five communities were formerly leased by the Company and were acquired for a purchase price of $62.5 million, plus transaction costs of approximately $3.3 million and are comprised of 432 units […]

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The Washington Post ran an article today entitled, Sunrise Hopes Dawn Is Near, on Sunrise Senior Living and talks about how the company got started and goes into an analysis of its debt position.  The company has stated that it has enough cash to operate through the end of January and some analysts think that […]

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