Sunrise Senior Living, Inc. (NYSE: SRZ) has entered into a settlement and restructuring agreement with HCP (NYSE:HCP) to transition Sunrise from management of 27 HCP-owned senior living communities for an aggregate cash payment of $50 million to Sunrise, and to settle the lawsuits between the Company and HCP pending in Virginia and Delaware. HCP paid [...]
Entries Tagged as 'Senior Living'
Sunrise Senior Living, HCP Announce Settlement & Restructuring Agreement
August 31st, 2010 · No Comments
Tags: Senior Housing Stocks · Senior Living · Senior housing
Social Networking Use For 50+ Demographic Doubles in 2010
August 30th, 2010 · No Comments
Seniors and Baby Boomers may not be classified as early technology adopters but research is showing that they’re catching up quickly. A new report from Pew Research Center’s Internet & American Life Project shows that social networking use among internet users ages 50 and older nearly doubled—from 22% in April 2009 to 42% in May [...]
Tags: Retirement Lifestyle · Senior Living · Senior Living Technology
Rural Health Initiatives Get $32 Million in Funding, Telehealth Infrastructure Spending Highlighted
August 29th, 2010 · No Comments
The Department of Health and Human Services (HHS) announced earlier this month that more than $32 million in FY 2010 funds have been made available to increase access to health care for Americans living in rural areas. The funds reach across seven programs administered by the Office of Rural Health Policy in HHS’ Health Resources [...]
Tags: Government Programs · Senior Living · Senior Living Technology
Consumer Reports Weighs In On the Best Automobiles For Senior Drivers
August 19th, 2010 · Comments Off
When it comes to cruising the town, what are the best wheels for seniors? According to Consumer Reports, seniors need vehicles that offer easy access, good visibility, a roomy driving position and comfortable seats. Some of the recommended models for senior drivers include:
Tags: Retirement Lifestyle · Senior Living
Home Remodeling Investments Expected to Accelerate Starting in Q1 2011
August 9th, 2010 · Comments Off
Where’s the near term growth in housing going to come from? According to a new report by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University, the growth will come from home improvement. According to the report, spending on home renovations will reach double digit growth increases in the first [...]
Tags: Senior Housing Developers · Senior Living · Senior housing
New Survey Examines Evolving Concept of Retirement
August 1st, 2010 · Comments Off
The refinement of the definition of retirement continues as Americans continue to age. In a new nationwide poll of older adults, ages 65 to 80, shows that over 80% of them view their retirement will be different and more exciting than their parents retirement. The Vi Next Chapter study examines the expectations and self perception [...]
Tags: Retirement Lifestyle · Senior Living
New Survey Shows Seniors Misinformed on Affordable Care Act
July 29th, 2010 · Comments Off
According to a new poll by the National Council on Aging (NCOA), most seniors are confused and unaware to important aspects of health reform, or the Affordable Care Act, including its impact on their own Medicare coverage, the growth of Medicare, and the budget deficit. The survey asked adults 65 and older a series of [...]
Tags: Government Programs · Medicare & Medicaid · Senior Care · Senior Living
Senior Housing Pigpens: Keep Those Reality TV Shows Away
July 19th, 2010 · Comments Off
Pack rats come in all shapes,sizes…and ages. Those messy homes on reality TV shows like “Clean House” with Niecy Nash are sometimes the everyday work of senior relocation companies across the US. After years accumulating items during the course of life, many seniors are finding themselves overwhelmed by not only artifacts but plenty of junk [...]
Tags: Retirement Lifestyle · Senior Living · Senior housing
Philadelphia Senior Center Gets ARRA Funds For Community Garden
July 19th, 2010 · Comments Off
The Pennsylvania Department of Aging last week announced a nutrition services grant to help members of the Nationalities Service Center Senior Center tend their community garden in North Philadelphia. The center, which opened in 1986, older immigrants and refugees from Vietnam, China, Cambodia, Laos, Iraq and other countries, as well as people born in the [...]
Tags: Government Programs · Senior Living · independent living
Congress Considers Legislation To Redesign Internet Connected Devices For Disabled
July 18th, 2010 · Comments Off
Should Congress have the authority to mandate features and functionality of devices with screens that connect to the Internet? Apparently so based upon a new bill being circulated on the Hill known as the 21st Century Communications and Video Accessibility Act of 2009, or H.R. 3101. The language of the bill aims to make manufacturers [...]
Tags: Government Programs · Senior Living · Senior Living Technology
Sunwest Wins District Court Approval For Reorganization Plan
July 14th, 2010 · Comments Off
U.S. District Court Judge Michael Hogan confirmed Tuesday the plan of reorganization in the Chapter 11 proceedings of Stayton SW Assisted Living, an Oregon-based senior living provider formerly known as Sunwest Management. The plan provides for the sale of up to 149 senior living facilities to a joint venture formed by Blackstone Real Estate Advisors [...]
Tags: Senior Housing Communities · Senior Housing Developers · Senior Housing Finance · Senior Living · Senior housing
2010 SharpBrains Market Report Forecasts Continued Growth In Brain Fitness
July 8th, 2010 · Comments Off
The folks at SharpBrains recently released their “State of Brain Fitness Market 2010” report that outlines the current landscape of the brain fitness market place and highlights some of recent innovative ideas through its 2010 Brain Fitness Innovation awards. Some of the award winners and finalists include specific project work done for senior living by [...]
Tags: Alzheimer's Care · Retirement Lifestyle · Senior Care · Senior Living · Senior Living Technology · dementia care






