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Entries Tagged as 'retirement communities'

Robson Resort Active Adult Communities Adopts Masco’s Environments For Living Program

March 10th, 2010 · No Comments

Robson Communities, Inc. recently announced that all new homes will be constructed under Masco Homes Services Inc.’s Environments For Living (EFL) program, which prescribes state-of-the-art requirements for energy efficiency and advanced construction techniques. Robson is a large, privately owned active adult community developer in Arizona and each of its seven unique active adult resort-style communities [...]

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Tags: Retirement Lifestyle · Senior Housing Communities · Senior Living · retirement communities

ACTS Retirement-Life Communities Announces Partnership with Peninsula United Methodist Homes and Heron Point of Chestertown

March 9th, 2010 · No Comments

ACTS Retirement-Life Communities Inc., (ACTS) and the Peninsula United Methodist Homes, Inc. (PUMH) and Heron Point of Chestertown (Heron Point), recently announced the signing of agreements in which PUMH and Heron Point have agreed to become affiliates of ACTS effective May 1.  ACTS is the nation’s largest not-for-profit owner, operator and developer of CCRCs. Through [...]

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Tags: CCRCs · Management & Operators · retirement communities

Horizon Bay Holds Groundbreaking Ceremony for Isle at Watercrest

March 3rd, 2010 · No Comments

Horizon Bay Retirement Living recently held a groundbreaking ceremony for Isle at Watercrest, the full service, assisted living and skilled nursing community of Watercrest at Bryan. Set to open in early 2011, Isle at Watercrest will serve the needs of families in and around the Bryan-College Station area. Isle at Watercrest will be managed by [...]

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Tags: Assisted Living Facilities · Nursing Homes · retirement communities

Article Outlines Future Management Changes For Erickson Retirement Communities

March 2nd, 2010 · No Comments

An article from the Baltimore Sun, “Erickson Retirement founder to step down as chairman” is reporting that John Erickson, the founder of Erickson Retirement communities, plans to step down as chairman of the company later this year.  The article provides some high level information regarding the changes to the company’s executive leadership team as part [...]

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Tags: Management & Operators · Senior Housing Communities · retirement communities

Sunrise Reports Q4 Profit and Smaller Loss in FY 2009; Faces Debt Maturities in 2010

February 25th, 2010 · Comments Off

Sunrise Senior Living, Inc. (NYSE: SRZ) reported financial results and operating data for the fourth quarter and full year of 2009 that showed a profit in the fourth quarter of $10.4 million driven by a $48.9 million gain related to the sale of 21 communities.  For the fourth quarter, Sunrise reported revenues of $364.4 million [...]

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Tags: Senior Housing Stocks · Senior Living · Senior housing · retirement communities

Promenade Senior Living Acquires Assisted Living Community in Tuxedo, New York

February 25th, 2010 · Comments Off

Promenade Senior Living recently announced the acquisition of the senior residence in Tuxedo, New York, which will now be known as The Promenade at Tuxedo Place. This senior living community, located in the historic town of Tuxedo and expands Promenade Senior Living’s presence into Orange County. The Promenade at Tuxedo Place consists of 90,000 square [...]

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Tags: Assisted Living Facilities · Senior Housing Developers · independent living · retirement communities

CB Richard Ellis Senior Housing Services Coordinates $17 Million Sale in Connecticut

February 8th, 2010 · Comments Off

CB Richard Ellis Senior Housing Services announced that Hearth Management purchased Kensington Green of Southbury Senior Living Community for $17,199,000. The senior living community, which is located in Southbury, Connecticut,  includes 120 total units with 96 assisted living and 24 Alzheimer care units.  Established in Binghamton, New York in 1988, Hearth Management currently operates 10 [...]

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Tags: Senior Housing Sales · Senior Living · retirement communities

Del Webb Survey Previews Boomer Preferences On Retirement Housing

February 7th, 2010 · Comments Off

The Del Webb division of Pulte Homes recently announced a “preview” of the results of its 2010 Del Webb Baby Boomer Survey.  In late 2009, Pulte Homes conducted a survey among different baby boomer populations that were at the company’s own facilities.  The survey included input from younger boomers turning age 50 in 2010 and [...]

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Tags: Senior Housing Communities · Senior Housing Developers · Senior Living · Senior housing · retirement communities

Province By Meritage Homes Celebrates Grand Opening Of Active Adult Community In Arizona

February 4th, 2010 · Comments Off

Province by Meritage Homes, celebrated its grand opening last week in Maricopa, Arizona.  The master-planned active adult community located just outside of Phoenix was voted the best active adult community in the U.S. in 2006 by the National Association of Home Builders.  Province designated over 30 percent of the land as parks and open [...]

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Tags: Senior Housing Communities · independent living · retirement communities

West Living Acquires Two Senior Living Communities in Arizona and California

February 3rd, 2010 · Comments Off

West Living, LLC announced the acquisition of McDowell Village, a 197-unit independent living community in Scottsdale, Arizona and Castle Hill Retirement Village, a 146-unit independent and assisted living community in Thousand Oaks, California. The all-cash transactions mark the entry of West Living into the ownership of senior living operating properties. The Company is currently developing [...]

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Tags: Senior Housing California · Senior Housing Developers · retirement communities

Emeritus Selects Silverchair Learning Systems For Training Solutions

February 3rd, 2010 · Comments Off

Emeritus Corporation (NYSE: ESC), a national provider of assisted living and Alzheimer’s care services to seniors, announced a partnership with Silverchair Learning Systems to implement a comprehensive online training program for its facilities. The rollout of the program is set to begin in June 2010.  Silverchair’s Learning Management System (LMS) delivers, tracks, and reports on [...]

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Tags: Senior Housing Communities · Senior Living Technology · retirement communities

WSJ Profiles Challenges Of Developing Gay Retirement Community In Northern California

February 1st, 2010 · Comments Off

The WSJ recently ran a article and video entitled, “Retirement Community For Gays Struggles To Get Off The Ground” about a proposed project in the Santa Rosa, California town.  The project for Fountaingrove Lodge was to create 140 upscale units that would accommodate residents from retirement through assisted living but has stalled over a variety [...]

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Tags: Senior Housing California · Senior Housing Developers · Senior Living · Senior housing · retirement communities