Capital Senior Living Corporation, one of the country’s largest operators of senior living communities, announced that it plans to suspend further development activities following the opening in the first half of 2009 of the two remaining communities under development. The Company believes that it is prudent to discontinue further development until general business conditions improve […]

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The Wyoming Business Report reported yesterday that Sunwest Management has tentatively agreed to sell 45 assisted living units around the nation in an effort to raise cash.  The article states that the company is selling some of its more profitable units are in the sales agreement but the purchaser would not be named as final […]

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Amica Mature Lifestyles Inc. recently announced that the Company has secured its tenth 99-year contract to manage “Amica at Aspen Woods”, located in Calgary, Alberta.  The project will consist of approximately 147 suites and the costs of the project are projected to be over $40 million and the development will include a full suite of […]

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Hook ‘em Horns. Even though the project was announced back in 2006, the Texas Exes, the former student association, recently contacted us to let us know that it was making progress on completing its 57-acre independent living campus.  The Exes have a unique ability to have access to a diverse, loyal group of alumni who […]

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EYC Companies, Inc. has chosen The King Partnership (TKP) to lead its marketing, public relations and sales efforts for The Landmark at Corbinton, a 55+ Active Adult Community located adjacent to the Corbinton Continuing Care Retirement Community (CCRC). This new neighborhood is situated within walking distance of downtown Hillsborough’s historic district.  The Landmark at Corbinton […]

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As real estate tax revenues continue to fall, many municipalities may start reconsidering and / or challenging exemptions or tax breaks that were once offered as part of the the locality’s lure for developers and investors or aggressive stances taken as part of senior housing initiatives.  One such example is the high profile, retirement home […]

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