Are you confused about reverse mortgages?  Well, don’t be ashamed.  A recent article in the Wall Street Journal (WSJ) entitled, Older Borrowers, Out in the Cold which describes the challenges that many senior homeowners are facing with their mortgages and the lack of solutions that the government provides for senior homeowners.  The article and author […]

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Equity Life Style Properties (the Company) reported Funds From Operations yesterday for the first quarter of 2009 at $37.9 million, or $1.24 per share on a fully-diluted basis, compared to $32.6 million, or $1.07 per share on a fully-diluted basis for the same period in 2008.  Net income available to common stockholders totaled $13.6 […]

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In an interesting public/investor relations move, Equity Lifestyle Properties (NYSE:MHC) released a storybook entitled, “Life in a Day of Equity Lifestyle Properties, Inc. 2008”, along with its proxy materials that it is sending out to their shareholders that portrays a number of stories involving seniors living in various areas of the country associated with the […]

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Waterfront Lifestyles International, a boutique maritime lodging company, has begun taking reservations for retirement condos on a mid-size cruise ship that will make monthly cruises to the Bahamas.  Prices for individual condo cabins on the 300-foot Alegria range from $159,000 for a single room to a larger suite for $399,000 plus a monthly fee which […]

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Are you interested about creating senior cohousing and want to learn more about the process?  Are you a developer, builder, senior living operator or a government official that wants to explore the options for senior cohousing as part of your current role or a future role?  If yes, you should look at attending the April […]

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AARP recently declared that the provisions in the recently passed Mortgage Relief in the House of Representatives were good for seniors and encouraged the Senate to pass a bill quickly.  Resistance by those in the Senate has increased during the last few weeks against this bill because of the broad implications that it may have […]

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In an interesting twist on zoning and senior housing, the Lake Oswego Review ran an article that discusses the trouble that a city council is having over a ruling for a proposed location for a senior housing complex.  The project has been stalled since it was approved in late 2007 and has been further mired […]

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Have you seen the I-go and Zipcar zooming around your town lately?  Some retirement communities such as CCRCs and assisted living facilities are examining whether the car-share concept is portable to retirement communities?  Many facilities are recognizing that seniors have these assets and their cars are idle for much of the time they are […]

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As more seniors are looking for cash, alternative funding programs are being marketed as more mainstream options for facilitating their lifestyle transitions.  Reverse Mortgages and life settlement vendors have been spending enormous amounts of money promoting their services through various advertising channels that focus on providing educational materials on their services.  These services, once thought […]

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CovenantCare at Home, the home care subsidiary of Covenant Retirement Communities, recently began offering its private home care services at Covenant Village of Colorado, in Westminster.  CovenantCare at Home will provide Covenant Village of Colorado residents with nursing, transportation, and other supportive services in their residential apartments.  The startup is part of CovenantCare at Home’s […]

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One area of the senior living market that continues to deteriorate is the recreational-vehicle business.  Fleetwood Enterprises earlier this week said that it would file for Chapter  11 bankruptcty protection for its U.S. operations and will close its travel trailer business. That division accounted for losses of $65.3 million in 2007 and $16.8 million […]

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A few weeks back, we ran a story on how a California study showed that single seniors were worse off than those with spouses, California Seniors Struggle To Make Ends Meet.  US News and World Report put out an article entitled, Top 10 Places for Swinging Single Seniors To Retire, that lists the following 10 […]

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