For those entrepreneurs that are looking for a small entry point into providing senior housing services, one route may be looking at taking a struggling or closed bed and breakfast and turning it into a small senior living facility. This type of facility may work well in high-density population areas where seniors are wishing to […]
Category: Senior Housing
For those of you who want to read the 700 pages of the House version of ‘American Recovery and Reinvestment Act of 2009 or those who want to review the amendments being debated in the Senate or try to follow all the press coverage, good luck. If you just want the down and dirty from […]
The Alaska Housing Finance Corporation (AHFC) announced recently that communities across the state will benefit from more than $70 million of combined new housing construction and renovation of existing housing designated for seniors, low-income families and persons with disabilities. The corporation this year is contributing more than $5.5 million in corporate receipts to increase the […]
Yes, Ruppies. That’s the phrase a coined by Coined by author Kyle Ezell, Ruppies–retired urban professionals–are active mature adults and predominantly affluent empty nesters. Mr. Ezell has written a white paper analyzing this demographic and discusses how and where to market to this particular group. After reading the paper, this is clearly geared towards those […]
Under Chubb’s Masterpiece® assisted living care option, families can get insurance to help protect the assets of relatives in assisted living facilities. This program will allow policyholders to help protect the assets of parents or grandparents in an assisted living facility, children or siblings living indefinitely in a mental health care facility or any relative […]
Forest City Enterprises, Inc. (NYSE: FCEA; FCEB) recently announced that it completed the sale of the Sterling Glen of Rye Brook supported-living community to Atria Senior Living Group. The sale, which closed January 30, 2009, is part of a larger transaction originally announced in July, 2007, under which Atria would acquire the majority of Forest […]
Early this week, Senior Housing Properties Trust (NYSE: SNH) announced that it had initially offered 4,000,000 common shares of stock but increased that number to 5,500,000 common shares of beneficial interest at a price of $17.30 per share due to investor demand. The company plans to complete the sale of the stock on February 9, […]
The Federal Home Loan Bank of New York recently announced that the Bank has awarded $19.1 million in subsidies to fund 51 affordable housing initiatives throughout New Jersey, New York, Delaware and Pennsylvania. These awards, which are funded through the Bank’s Affordable Housing Program (AHP), will result in the creation or rehabilitation of 2,213 affordable […]
Image is everything…..even more today than it has been in the past. Many developers and communities are trying to create marketing and advertising material that provides consumers confidence and clarity to support making decisions to move into their facilities such as the Sunrise Senior Housing Financing Options Guide. Creating Results, a generational marketing firm, recently […]
Serena Senior Care recently announced its new consulting services for new Senior Living developments in Mexico that focuses on providing advice to investors looking to server the retirement living market in Mexico. With an estimated 1.1 million US retirees and estimates showing over 10 million migrating to retire in Mexico over the next 10 years, […]
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