Brookdale Senior Living Inc, (NYSE:BKD) announced on December 30th, 2008 after the markets closed that its Board of Directors has voted to suspend the Company’s quarterly cash dividend indefinitely.  The company is looking to retain capital for financial flexibility.  The company had been paying a quarterly dividend of 25 cents per share this year.  “Given […]

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Thank you for supporting and subscribing to Senior Housing News in 2008.  It has been a tremendous year of growth for our readership and we’re excited for what 2009 has to bring to the senior housing industry and how we can communicate relevant stories and content to our readers.  Please pass our site along to […]

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Earlier this month, Steven D. Bell & Company, on behalf of Bell Fund II LLC, has recently purchased senior living communities in both Charlotte, N.C. and Charleston, S.C., bringing to 26 the number of senior living properties in the Bell Senior Living portfolio.  For a combined cost of approximately $15 million, the Bell company has […]

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Over the weekend, the San Francisco Chronicle provided a good article on how the credit crunch has impacted the market for tax credits and their use in financing various housing projects with a specific focus on California.  The article entitled, Lack of tax-credit market hurts building trade, profiles a Napa Valley Senior Housing Project that […]

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For those looking for blend a style of Japanese and California architecture and style for a retirement community, look no further.  An Arleta, California assisted living facility, Nikkei Senior Gardens, is nearing completion and is marketing itself as a blend of east-west cultures by providing three nutritious Japanese and Western meals daily.  The facility […]

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The Los Angeles Times ran an interesting article last week entitled, City stuck with a South L.A. eyesore but has few options, that discussed a stalled, affordable / low income senior housing project that has been vacant for over a year.  The Buckingham Palace project was constructed on Marlton Square, a mixed use development that […]

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