Last week, Boston University scientist announced that they have discovered the genetic signature of longevity in the most recent Science magazine.  The tests developed as part of the study were able to identify 150 genetic markers that predict longevity with a 77% accuracy.  With the ability to predict genetic disposition to aging, people are going [...]

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Will the consumer protections proposed by the new financial services reform bill make a difference for seniors and Baby Boomers and their housing decisions and personal finances?  Or has too much pain been inflicted already?  Lawmakers expect to deliver the final version of the Dodd-Frank Wall Street Reform and Consumer Protection Act to President Obama prior [...]

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Think the luxury real estate market is dead?  Not for those who believe in fairy tales.  This week, Disney unveiled Golden Oak, a luxury residential resort community, with a collection of approximately 450 single family homes priced between $1.5 and $8 million.  Disney’s team has designed the 980 acre community to include the upcoming Four [...]

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Is the government’s Home Affordable Modification Program (HAMP) living up to its expectations?  According to a recent report from Fitch Ratings Ltd., it appears that most borrowers who get lower mortgage payments under a federal government program will default within 12 months.  HAMP provides incentives for servicers that modify mortgage payments to within 31% of [...]

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Senior Living Investment Brokerage, Inc. facilitated the sale of a 54 Unit Independent Living Facility located in the city of Peru for $4.35 million, or approximately $80,555 per unit.  The facility, located approximately 69 miles north of Indianapolis and 60 miles west of Ft Wayne, was originally developed by a local hospital in 2000 and [...]

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Is it true in all cases that time heals all wounds?  A new study entitled “State of Nation’s Housing 2010” released the by Joint Center for Housing Studies of Harvard University on Monday shows that housing in not as scary as it was 12 months ago but the adverse consequences of the recession and the [...]

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Senior Living Investment Brokerage, Inc. recently completed the sale of a Seniors Housing Community located in Vancouver as part of a Bankruptcy proceeding in the state of Washington. The facility, constructed in 2006, consists of 115 units (44 Assisted Living Units, 51 Independent Living Units, and 20 Memory Care Units) with high-end finishes and amenities. [...]

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Does the latest economic news lead you to be in the “cautiously optimistic” camp?  Maybe Tuesday’s data will make you a believer…The S&P Case/Shiller Price Index for March 2010 was released that showed prices falling .5% in March from the previous month based upon an index comprised of 20 U.S. cities.  Separately, the Consumer Conference [...]

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Senior Living Investment Brokerage (SLIB) recently announced the sale of Bradford Place, an assisted living facility located in Swansea, Illinois.  The 29 unit facility sold for $2.7 million dollars and includes acreage for future expansion possibilities.  The transaction was a divestiture for the seller who acquired the property when faced with an expiring 1031 exchange [...]

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Marcus & Millichap Real Estate Investment Services recently announced the sale of Tudor Heights, a 64-unit assisted living facility in the Baltimore suburb of Pikesville, Maryland. The 39,000 square foot facility had an occupancy of 60% at the time of closing.  The buyer was Walton Street Capital, L.L.C., a private equity real estate investment firm [...]

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Senior Living Investment Brokerage announced that it is seeing strong interest in senior living sales during the first quarter of 2010.  The company sold three facilities, one in Illinois and two in Florida, totaling over $14.3 million dollars.  SLIB sold a 44 unit Assisted Living Facility located in Ormond Beach, Florida, for $2.2 million, or [...]

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Last month, the U.S. Census Bureau released July 1, 2009, population estimates for each of the nation’s counties and metropolitan and micropolitan statistical areas that show migration results during the years of the housing and economic downturn.  Those statistics show that some counties in Florida, Arizona, New Mexico and California saw slower growth in populations [...]

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