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 […]
Category: Assisted Living
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 […]
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 […]
The Pennsylvania General Assembly recently passed a bill that establishes a separate category for assisted living facilities in the state separate from the current category that classifies them them same way as personal-care homes or personal care providers. Many states have already made this designation a part of their state law and others, such as […]
Home Care Franchises are springing up across the country and beginning to compete more consistently with local entrepreneurs in various markets. Approximately 11,000 licensed home-care businesses served 7.6 million people last year, according to the American Association of Homes and Services for the Aging. Many fledgling entrepreneurs are entering this market, seeing that there is […]
Premier Assets Valued at $715 Million Concentrated in New York, Los Angeles and Chicago TOLEDO, Ohio–(BUSINESS WIRE)–Sept. 2, 2008–Health Care REIT, Inc. (NYSE:HCN) has entered into an agreement with an affiliate of Arcapita, Inc. to acquire its 90% interest in a venture owning 29 senior housing properties managed by Sunrise Senior Living, Inc. (NYSE:SRZ) for […]
As the market for residential real estate continues to be dismal, should we look at the flip side of the coin for those seniors who are beginning to examine retirement locations? Putting aside the sale of their current residence, could the most popular places for retirement such as California, Florida and Nevada be some of […]
A national task force from the American Association of Homes and Services for the Aging (AAHSA) recently released a report that the current survey and certification processes used to evaluate long-term care facilities nationwide is broken and beyond repair. The task force concluded in its final report, “Broken and Beyond Repair: Recommendations to Reform the […]
The leader in the Senior Housing market is showing some major cracks in its financial statements that were released earlier this month showing that the Credit Crunch is affecting their operation in a major way when it comes to development of new inventory. The company posted a net loss of 70 million dollars when it […]
PHILADELPHIA, PA—(July 7, 2008)—A new organization of consumers, family members and advocates for the elderly and the disabled is pushing for quality standards in Pennsylvania state regulations covering assisted living facilities. The Pennsylvania Assisted Living Consumer Alliance (PALCA) formed this year to ensure that new licensing rules will protect elderly and disabled residents. About 50,000 […]