Amica’s Second Quarter Results Trend Lower As Economic Factors Take Toll

Amica Mature Lifestyles Inc. (“Amica” or the “Company”), a Canadian developer of luxury housing and services for mature lifestyles, announced it fiscal results for the 2nd quarter last week and showed that the economy affecting its operations. The company’s net income and cash flow were signifcantly lower compared to last year and the lower earnings […]

Brightview Senior Living Selects Crosby Marketing

Brightview Senior Living, a national retirement housing company with 17 communities in 8 states, has selected Crosby Marketing Communications as its advertising agency. Crosby is developing a new brand image for Brightview based upon the theme of “Live Vibrant”. Brightview Senior Living is the senior-focused part of The Shelter Group, a privately held real estate […]

Census Data Shows Little Migration Growth

Last month, the US Census Bureau released its report on the fastest growing states in the nation between July 1, 2007, and July 1, 2008. The reports break down between the Top Ten Fastest Growing States and the Top Ten Numeric Gainers. While that data does not specifically breakdown ages, the trend from July 2006 […]

NHC Announces Expansion of South Carolina Hospice Operations

National HealthCare Corporation recently announced the addition of five hospice locations in South Carolina. With this latest addition, NHC now operates six hospice programs in the state of South Carolina. This expansion is the result of the January 1st purchase of the assets of Advantage Hospice and Home Care’s South Carolina operations. The new hospice […]

Alternative Lenders Needed To Close Assisted Living Construction Loans

As the credit crisis worsens, many developers are having to turn to non-traditional lenders to finance their projects. Metro Funding Corp. (MFC), a private asset-based lender, headquartered in Paramus, N.J., recently announced the funding of a $1,300,000 loan for the construction of an assisted living facility in Big Bear, CA. The loan was cross-collateralized with […]

Consumer Reports Suggests To Retirees: Don’t Abandon Moving

Consumer Reports National Research Center recently ran a survey of more than 19,000 Consumer Reports online subscribers between the ages of 55-75. The latest Consumer Reports Retirement Survey which has a plethora of generic and common sense retirement advice provided this bit of advice on moving out of the current home: “Don’t abandon moving plans. […]

Senior Housing Industry Outlook & Trends For 2009

Want to know what we think are going to be senior housing trends in 2009? We looked into the magic, crystal ball and here is a preview of 10 topics and issues that may be hot in 2009….we will be addressing these further over the next month or so: 1. When will housing prices find […]