More senior living organizations are investing in resident access to the Internet and social networking sites, as well as wireless and high-speed Internet, a Ziegler survey shows. Since 2012, the percentage of organizations investing in access to the Internet and social networking sites has doubled: Nearly 74% of the chief financial officers surveyed reported that their […]
Oppidan Investment Company — a national property development firm with $1.5 billion in developed property and more than 300 projects completed to date — is now paving the way for a new business channel: senior housing. The Minneapolis-based company recently broke ground on its first senior housing facility set to open June 1, 2015. The new […]
Technology to help prevent elderly people from injuring themselves at home is improving, and researchers are diving deeper into a quest to design better systems to prevent falls and to get help quickly to those who have fallen, a Wall Street Journal article reports. Falling is the leading cause of both fatal and nonfatal injuries, […]
More than half of men and 40% of women older than 60 remain sexually active, a statistic driving conversations among some senior living communities about consensual sex, who is capable of consent and how to balance residents’ privacy with that of other residents, a recent New York Times article reports. “These issues have not been […]
June brings with it the longest daylight hours of the year for the U.S. and the rest of the northern hemisphere. The month also shuttles in promotions, new jobs and changes in leadership for senior living professionals and organizations. Looking for a new job, or even a new career? Check out senior housing employment opportunities […]
A new partnership with California-based skilled nursing and assisted living provider Shea Family now allows Holiday Retirement to offer expanded services to its residents at two locations — and is expected to roll out at more Holiday locations in the near future. Holiday, which operates independent living communities nationwide, will be offering more in the […]
Aviv REIT Acquires Kentucky Skilled Nursing Facility for $6 Million Aviv REIT, Inc. (NYSE: AVIV) announced June 2 the acquisition of a Kentucky-based post-acute and long-term care skilled nursing facility for $6 million. The SNF is triple-net leased to existing Aviv operator Diversicare Healthcare Services, an operator of 49 facilities in 9 states. The acquisition […]
In case you missed them, here are the top headlines grabbing SHN readers’ attentions this week: Ventas to Acquire ARC Healthcare REIT in $2.6 Billion Deal In acquisition news, Ventas announced it is acquiring American Realty Capital Healthcare REIT, a deal that makes it the sixth largest real estate investment trust in the country. Holiday Retirement […]
After nearly three years of discussion, North Carolina-based CCRCs Friends Homes, Inc. and The Presbyterian Homes, Inc. have announced their plan to consider affiliation with one another. “This isn’t about status of any managment or manager,” said Tim Webster, president and CEO of The Presbyterian Homes, Inc. “It isn’t about the success of the boards. It’s […]
The majority of Americans think finding quality affordable housing is a challenging obstacle and, despite experts’ opinions that the housing crisis is over, 70% of the American public thinks the country is still in the midst of it or that the worst has yet to come — and seniors are no exception, according to a […]
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