Does Federal Reserve Include Age Discrimination Data for Senior’s Fair Housing Rights?

The Federal Reserve recently released its comprehensive report on banks’ 2007 lending practices  that showed that overall mortgage lending dropped sharply.  Total originations dropped 25% from 2006 and that nearly one in three applicants were denied.  The reports findings are based upon information collected from mortgage lending institutions under the Home Mortgage Disclosure Act of […]

Senior Housing Labor: What’s a Fair Wage and Annual Wage Increase?

A recent press release that we saw caught our attention over wage pressures and inflation concerns.  Windsor Healthcare skilled nursing facilities in Northern California stated that they will conduct business as usual this week despite a labor action scheduled by union leaders.The strikes will take place at eight of Windsor Healthcare’s 29 facilities. The facilities […]

AgeSong Expands into Emeryville with New Independent and Assisted-Living Community

AgeSong at Bayside Park, a 116,400 square-foot, 125-apartment community that will offer independent and assisted living apartments for senior adults breaks ground today in Emeryville, expanding AgeSong’s holistic approach to elder care in the East Bay. A five-story residence, AgeSong at Bayside Park sits on a corner site at 1440 40th Street (and Horton), within […]

LifeHouse Retirement Properties, Inc. Enters into Purchase and Sale Agreement for Sale of the Corporation’s Facilities

LifeHouse Retirement Properties, Inc. (Pink Sheets:LHRP, the “Corporation” or “LifeHouse”) said today that on September 12, 2008, its Board of Directors authorized the sale of substantially all of its assets to a newly formed entity, LifeHouse Holdings, LLC (“Buyer”), an affiliate of Westport Capital Partners LLC. The directors have also recommended that LifeHouse’s shareholders approve […]

Country Music Senior Housing & Retirement Center Planned

What happens when the cowboy rides away?  He goes to retire in style at a new facility planned in Nashville, Tennessee.  In one of the most targeted Senior Housing niche’s yet, Nashville music industry leaders announced plans for an upscale "senior living" facility for those who have made music their career. To be called the […]

No TV’s Left Behind – Nursing Home Residents Eligible for Digital TV Converter Box Coupon

U.S. Secretary of Commerce Carlos M. Gutierrez announced today that residents of licensed nursing homes, intermediate care facilities, assisted living facilities and households that use a post office box for mail delivery will be eligible to request coupons from the TV Converter Box Coupon Program. The rule change takes effect 30 days after publication in […]

Housing and Credit Crisis Create More Homeless Seniors?

As the financial crisis continue forward for all of America, a growing concern is the rise of financial trouble for seniors as the value of not only their homes decline but also their retirement savings being eroded by either  the stock market or the need to spend those funds more quickly for day to day […]