Renaissance Gardens at Riderwood in Silver Spring, Maryland announced that it will unveil its enhanced living, larger apartments and neighborhood model at the end of June.  Riderwood  residents have expressed a preference for apartment style living and the community’s management responded with redesigned Renaissance Gardens apartment homes that offer one-bedroom and two-bedroom models, kitchenettes with [...]

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Leo Brown Group, recently announced that it was awarded a ten year property tax abatement from the Town of Avon for  Reagan Park Senior Living.  Reagan Park Senior Living will be constructed on over 20 acres scheduled to begin this summer with an anticipated opening in the summer of 2011.  Components of the Reagan Park [...]

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Park Place of Elmhurst, a 12 acre community in the metropolitan Chicago area, announced that construction has begun and the official celebration of the groundbreaking ceremony will commence later this month as it has secured $174 million for financing construction of the facility.  The 173 one-, two- or three-bedroom apartment project has 80 percent of [...]

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What’s the correct way to compensate employees and residents for their role in the sales process?  Last month, the Office of Inspector General (OIG) for HHS posted Advisory Opinion 10-05 (AO) that stated that Continuing Care Retirement Community (CCRC) residents and certain employees that successfully referred a candidate to the independent living area of the [...]

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Vintage Burbank, Vintage Senior Living’s 22nd location, recently celebrated the grand opening of the 8-story residence designed for independent and assisted living programs.  Vintage Burbank teamed up with architects Tim Wilkes and Doug Pancake, along with interior design firm—Design Tec, Inc., to give the residence a contemporary California resort-style elegance with state-of-the-art technology. The 102-unit [...]

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Presbyterian Villages of Michigan (PVM) hosted a Ground Breaking Ceremony at the Village of Sage Grove on Thursday, May 27th to celebrate its 25th senior living community in the state of Michigan.  PVM was awarded a $3.4 million grant by the U.S. Department of Housing and Urban Development (HUD) to build the 38-unit senior apartment [...]

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Chartwell Seniors Housing Real Estate Investment Trust (CA:CSH.UN) announced that it completed the previously-announced acquisition from ING Real Estate Investment Management Australia PTY Limited and its affiliates ("ING") of the remaining 50% ownership interests in six retirement home properties located in the United States ("Meridian portfolio"). Chartwell expects to complete the previously-announced acquisition from ING [...]

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Classic Residence by Hyatt, a national retirement community operator, is fighting Internal Revenue Service allegations that it underpaid taxes according to an article in Thursday’s Wall Street Journal.  The disagreement is over handling of the upfront fees Classic charges its new residents.  The WSJ article states that the fees are interest free loans vs. the [...]

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Inverness Village retirement community, located in Tulsa, Oklahoma, is nearing completion of the first half of a wide-ranging expansion project — the Lifestyle and Services Enhancement Project — in early June. Partial funding for this project, $650,000, came from a capital campaign aimed at raising money through Inverness Village residents and from a grant from [...]

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By Patricia Conlon, Banyan Place Senior Community What’s the best way to make the transition smooth for moving out of a senior living residence? Almost everyone has received news that a resident is moving out for many circumstances such as declining health, family relocation, inability to pay and other personal reasons. But as the competition [...]

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Parc Communities recently announced their partnership with Osher Lifelong Learning Institute at Emory University where the senior living community was Emory’s newest satellite location for the Institute.  The network of Osher Lifelong Learning Institutes across the United States provides learning opportunities for older learners who want to learn simply for the joy of learning and [...]

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Sunrise Senior Living (NYSE: SRZ) recently announced that it has become an Authorized Validation Organization with the Validation Training Institute, a not-for-profit organization offering training and certification in the Validation Method used to care for individuals with Alzheimer’s disease and other forms of dementia.  Sunrise plans to rollout the program to its 360 communities in [...]

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