Even with the economy down, Maravilla Scottsdale has exceeded early deposit projections by nearly 30 percent in 2008. In response to the unprecedented high demand, the community has now begun the site selection process of its Phase One residences featuring casitas and independent courtyard residences. The Maravilla Sales Team is now meeting individually with these […]
Category: Senior Housing
A new survey published by AARP found that only one in four baby boomers expects to move from their current home in the future, with the majority of this group looking for a single level home that is more comfortable or convenient. The survey was conducted by Opinion Research Corporation for AARP and was released […]
Walker Marketing was recently honored by the Davey Awards, receiving the organization’s prestigious awards for two marketing and communications projects for two of the firm’s continuing care retirement community (CCRC) clients earned honors. A magazine and Web site campaign for The Cascades at Verdae earned silver awards and a sales kit for The Cardinal at […]
HCP (NYSE:HCP) announced last week that it has transitioned a portfolio of 11 senior housing communities located in various states to Emeritus Corp. (NYSE:ESC) under a new master lease. “We are pleased with the smooth transition of these communities to Emeritus,” said HCP Chairman and Chief Executive Officer, Jay Flaherty. “We have a significant number […]
The recent rumor that the Treasury Department is considering a plan to revitalize the U.S. home market by pushing down interest rates for loans to purchase a home has sparked many conversations and article over the last 48 hours. The plan, which is in the development stage, would temporarily use the clout of mortgage giants […]
Five Star Quality Care, Inc. (NYSE Alternext US: FVE) recently announced that it has purchased seven independent living, assisted living and Alzheimer’s care communities located in North Carolina (four communities) and South Carolina (three communities) for a purchase price of $44 million. Including these seven properties, Five Star currently operates nine senior living communities in […]
Country Place Living, a franchiser of assisted-living residences for seniors in rural America, has opened its first franchise location in Scandia, Kansas. Country Place Living currently operates eight corporate-owned locations. Founded in 2003, Country Place Living focuses on senior living solutions in rural America with uniquely designed assisted-living residences and offers two concepts for franchising: […]
Earlier this week on December 1st, two more Sunwest management facilities filed for chapter 13 bankruptcy protection in Portland and another facility located in Dallas, Texas filed as well bring the total number of facilities that have filed for bankruptcy to over a dozen locations. The company has been struggling to pay its vendors for […]
A few weeks ago, USA Today ran an article entitled, “No need for nursing home if PACE handles senior care” that discussed the Program of All-Inclusive Care for the Elderly (PACE). The program was started in the 1970s as a community project designed to keep seniors living longer in their homes by providing medical and […]
The Hartford Courant article, Calling Intellectually Active Adults, recently discussed the increasing number of senior communities around universities in the New England region. The article discusses the general trend of an alternative to those who don’t want to play golf everyday and are looking to stay close to their roots while having intellectual stimulation. The […]
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