Emeritus Corporation (NYSE: ESC), a national provider of assisted living and Alzheimer’s care services to seniors, announced that it has entered into an agreement with National Health Investors, Inc. (NYSE: NHI) to lease eight senior living communities. The communities, located in Arizona, South Carolina, and Tennessee, consist of approximately 258 assisted living units, 66 memory [...]

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Thinking about moving to Aspen for retirement?  Yes, we were contemplating that locale too but with an average market value for homes listed as of December 2009 at $1,665,463, maybe renting would be the better option.  The Aspen Times ran an article entitled “Aspen assisted-living facility boosts eligibility requirement” that stated that the requirement for [...]

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Last week, Zillow.com announced that U.S. homes lost $489 billion in home values during the first 11 months of 2009, significantly less than the $3.6 trillion lost during 2008 according to analysis of its Market Reports.  The stabilization in home values led to easing rates of negative equity in the third quarter of 2009, with [...]

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Senior living community developer Senior Quality Lifestyles Corporation (SQLC) and the SQLC Foundation recently announced a partnership between Dallas-based Edgemere retirement community and the Center for BrainHealth at The University of Texas at Dallas.  The UT Dallas Center for BrainHealth® was founded in 1999 by Dr. Sandra Bond Chapman and has comprehensive approach to brain [...]

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GE Healthcare, a business unit of General Electric Company (NYSE:GE) announced that it has acquired Living Independently Group Inc, the provider of QuietCare. Financial terms of the acquisition were not disclosed.  The acquisition announced on earlier this week follows the September 2008 announcement that GE Healthcare had acquired a minority ownership stake in Living Independently [...]

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Boston College’s Center For Retirement Research released a working paper entitled “The Asset and Income Profile of Residents in Seniors Care Communities” that reports on the income and assets of individuals that live in three categories of senior housing and care facilities – independent living communities (ILCs), assisted living residences (ALRs), and continuing care retirement [...]

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Even though reverse mortgage volumes are starting level off in the US, they continue to grow in other parts of the world experiencing aging populations.  The governments of Australia, India and Taiwan have either been offering reverse mortgages or are beginning to examine offering the product.  Below are a few examples of the growth potential [...]

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Aegis Living, a national provider of senior living and assisted living communities, announced a new partnership with with Bastyr University, an institution of natural health arts and sciences education and research, to make life better for seniors through its new innovative Living 4 Life program. The collaboration will focus on development of programs and activities [...]

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Last week the Wall Street Journal ran an article, “A Key for Unlocking Memories” that detailed music therapy for Alzheimer’s and dementia payments through the use of everyone’s favorite MP3 player, the Ipod.  The story talks about the various therapy’s available and profiles the Institute for Music and Neurologic Function.  The Institute has a “Top [...]

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A USA Today article entitled, “A glimpse of the future: Robots aid Japan’s elderly residents” profiled some of the technology that was exhibited at AASHA’s conference in Chicago last week focused on seniors and assistive technologies.  The Robot Suit "HAL" from Japanese Cyberdyne, Inc. is strapped to stroke victims or physcially challenged seniors and [...]

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The MetLife Mature Institute (MMI) recently released a new survey that shows that most Americans know what long-term care is and how much it costs, but their scores fall short regarding how many people will need it and how they will pay for it.  The MetLife Long-Term Care IQ Survey, taken by 1,021 individuals aged [...]

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The Moldaw Family Residences at 899 Charleston, the new senior living community on the Taube Koret Campus for Jewish Life (TKCJL), began welcoming residents late last month to the new continuing care retirement community (CCRC) in Palo Alto, California.  Moldaw Family Residences was designed around the concept of inspiring older adults to remain active [...]

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