Five Star Quality Care, Inc. (NYSE Alternext US: FVE) recently announced that it has purchased seven independent living, assisted living and Alzheimer’s care communities located in North Carolina (four communities) and South Carolina (three communities) for a purchase price of $44 million. Including these seven properties, Five Star currently operates nine senior living communities in […]

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Earlier this week on December 1st, two more Sunwest management facilities filed for chapter 13 bankruptcy protection in Portland and another facility located in Dallas, Texas filed as well bring the total number of facilities that have filed for bankruptcy to over a dozen locations.  The company has been struggling to pay its vendors for […]

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The Hartford Courant article, Calling Intellectually Active Adults, recently discussed the increasing number of senior communities around universities in the New England region.  The article discusses the general trend of an alternative to those who don’t want to play golf everyday and are looking to stay close to their roots while having intellectual stimulation.  The […]

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As the financial crisis worsens, the housing market stalled or sinking and the economy in a recession since December of 2007, many senior communities are lying vacant and struggling to get people to move into their communities and facilities.  Some facilities are considering eliminating the age requirements that are associated with these facilities in order […]

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The Motley Fool posted an article discussing the attractive yields that many Senior Housing Stocks are providing to investors as of November 19: Health Care REIT (NYSE: HCN) - 7.6%, Senior Housing Properties (NYSE: SNH) - 9.7%, Medical Properties Trust (NYSE: MPW) - 18.8%, National Health Investors (NYSE: NHI) - 9.0%.  The article ponders whether […]

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On November 18, Erickson Retirement Communities – Riderwood staff attended the Wildlife Habitat Council (WHC) Annual Symposium at the Marriott Waterfront in Baltimore, Maryland, to receive its official Corporate Lands for Learning site certificate. This certification demonstrates that the employees and residents at this Erickson Retirement Community are committed to providing exemplary site-based conservation education […]

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