HCP (NYSE:HCP) announced today that it has filed complaints Sunrise Senior Living, Inc. (NYSE:SRZ) and its subsidiaries (“Sunrise”) based on Sunrise’s defaults under management and related agreements covering 64 HCP-owned properties operated by Sunrise. The complaints, filed in the Delaware Chancery Court on June 29, 2009, allege, among other things, that Sunrise systematically breached […]
Entries Tagged as 'Senior Housing Communities'
HCP Initiates Lawsuits Against Sunrise Senior Living
June 29th, 2009 · No Comments
Tags: Management & Operators · Senior Housing Communities · Senior Housing Stocks · retirement communities
Atlanta’s Ashford Landing Senior Apartments Celebrates Grand Opening
June 28th, 2009 · No Comments
Ashford Landing, a 117-unit mid-rise affordable apartment development for independent seniors, celebrated its grand opening last week in Atlanta, Georgia. The opening represents the second phase of a multi-phase redevelopment of a new mixed-use community, Brookleigh, on the site of the former Johnson Ferry East public housing project in north DeKalb County. When the […]
Tags: Senior Apartments · Senior Housing Communities · Senior Housing Developers · Senior Housing Finance · Tax Credits
Online Tool Enables Low-Cost, Custom Marketing Solutions For Retirement Communities
June 25th, 2009 · No Comments
By Design Solutions, a company that provides marketing and management services to the senior housing industry, recently announced the launch of its Online Sales Tools. The marketing solution, designed exclusively for budget-conscious retirement communities, provides professionally produced marketing materials through a low-cost monthly subscription service. A subscriber has the opportunity to get exclusive rights to […]
Tags: Senior Housing Communities · Senior Housing Sales · retirement communities
CAHSA Names Quality First Winners at Annual State Conference
June 23rd, 2009 · No Comments
Last month the Colorado Association of Homes and Services for the Aging named nine winners for the association’s fifth annual Quality First Awards. Quality First is a voluntary program that senior living communities nationwide are undertaking to build excellence in aging services. CAHSA, a leading organization in Colorado for senior housing and care, has […]
Tags: Management & Operators · Nursing Homes · Senior Housing Communities · retirement communities
Equity Lifestyle Properties Announces Stock Offering And Financings
June 22nd, 2009 · No Comments
Equity LifeStyle Properties, Inc. (NYSE: ELS) (the “Company” or “ELS”) announced on Monday that it has commenced an underwritten public offering of 4,000,000 shares of common stock and announced commitments for mortgages on four manufactured home properties. ELS, which is a fully integrated owner and operator of lifestyle-oriented properties, intends to use the net […]
Tags: Senior Housing Communities · Senior Housing Finance · Senior Housing Stocks
HCP Terminates Sunrise Senior Living As Manager Of 15 Communities
June 21st, 2009 · No Comments
HCP (NYSE:HCP) announced that the management agreements on 15 communities operated by Sunrise Senior Living (NYSE:SRZ), Inc. or its subsidiaries (“Sunrise”) have been terminated effective October 1, 2009, for Sunrise’s failure to achieve certain performance thresholds. HCP expects to transition these facilities to new operators during the second half of 2009, reducing the Sunrise-managed […]
Tags: Management & Operators · Senior Housing Communities · Senior Housing Stocks · retirement communities
FHLB San Francisco Announces Awards $30.3 Million in Affordable Housing Program Grants in Six States
June 14th, 2009 · No Comments
The Federal Home Loan Bank of San Francisco awarded $30.3 million in Affordable Housing Program (AHP) grants in the first round of the 2009 competition earlier this month. The AHP grants, awarded to 42 projects that address the unique needs of individual communities, will produce 2,558 affordable housing units in Arizona, California, Illinois, Nevada, […]
Tags: Affordable Housing · Low Income Senior Housing · Senior Housing California · Senior Housing Communities · Tax Credits
Indiana Continuing Care Retirement Community Receives Accolades At 50+ Housing Awards
June 11th, 2009 · No Comments
Paric, The Stratford Companies and The Lawrence Group have been jointly celebrating their achievement of winning a Silver award for the “Best Large Continuing Care Retirement Community” category in this year’s “Best of 50+ Housing Awards,” presented by the National Association of Home Builders’ 50+ Housing Council. The winning project, the Stratford at WestClay in […]
Tags: Senior Housing Architecture · Senior Housing Communities · Senior Housing Developers · retirement communities
Erickson Retirement CIO Discusses Information Technology In Senior Living
June 10th, 2009 · No Comments
Frustrated with your information technology (IT) department? Most likely the answer is yes but what if your job was running the IT department for Erickson Retirement Communities which includes 23 communities in 12 states serving over 21,000 seniors and the support staff associated with the entire company? If you’re interested in learning about the technology […]
Tags: Management & Operators · Senior Housing Communities · Senior Living · Senior housing
Dallas-Fort Worth Assisted Living Community Celebrates Occupancy Growth And Prepares For New Additions
June 7th, 2009 · No Comments
The Isle at Watermere, a Southlake, Texas assisted living community recently announced that it had reached 75% occupancy since opening less than a year ago and is looking forward to the conclusion of construction of the clubhouse and condominiums scheduled for August 2009. Isle at Watermere, owned by Southlake Care Group LP, is part of […]
Tags: Assisted Living · Assisted Living Facilities · Senior Housing Communities · Senior Housing Developers
Emeritus Senior Living Awarded 2009 Assisted Living of America’s (ALFA) “Best of the Best” Award
June 4th, 2009 · No Comments
Emeritus Senior Living was awarded the Assisted Living Federation of America’s (ALFA) honorable 2009 “Best of the Best” award for the company’s efforts in sales and marketing based upon the launch of its brand identity campaign. The award recognized the company’s focus on human resources and marketing that tied together the company’s culture and allowed […]
Tags: Assisted Living · Assisted Living Facilities · Management & Operators · Senior Housing Communities · Senior Housing Developers · Senior Housing Sales
Equity Lifestyle Properties Confirms Guidance And Publishes Executive Summary Of Operations For 2009
June 3rd, 2009 · No Comments
Equity Lifestyle Properties (NYSE: MHC) released an 8-K that reconfirms previously issued guidance for its net income per share (fully diluted) and funds from operations per share (fully diluted) for the year ending December 31, 2009 of $0.75 – $0.95 and $3.45 – $3.65, respectively. As part of its filing, it released an investor […]
Tags: Senior Housing Communities · Senior Housing Developers · retirement communities


