What do you think about internet sites and their ability to influence decisions for senior housing? Are you as connected (facebook, twitter) as the media is portraying? As more and more organizations are touting the connectedness of mature consumers, here is your chance to participate in the study. Marketing agency Creating Results is conducting a […]
Category: CCRCs
On Friday, the attorneys for Erickson Retirement Communities LLC and its affiliated debtors announced that it has emerged from bankruptcy after the US Bankruptcy Court for the Northern District of Texas confirmed the debtors’ plan of reorganization and sale to Redwood Capital Investments LLC. The exit from Chapter 11 culminated with Redwood Capital agreeing to […]
Summit Hills, a continuing care retirement community (CCRC) in Spartanburg, South Carolina, was recently recognized by the Assisted Living Federation of America (ALFA) for its role in piloting an innovative, aquatics-based therapy program called WAVES to members suffering from memory loss. WAVES program, developed by Summit Hills’ parent company Senior Living Communities, combines low-impact aerobics […]
University Retirement Community at Davis, California (URC) announced that it recently earned re-accreditation from the Continuing Care Accreditation Commission of the Commission on Accreditation of Rehabilitation Facilities (known as CARF-CCAC). URC, which opened its doors in 2000, is an affiliate of Pacific Retirement Services, Inc. (PRS). It has been accredited since September 2003, when it […]
Friends Homes Inc. (Friends), a continuing care retirement community (CCRC) operator in North Carolina, recently announced a partnership with FLS Energy for installation of 208 solar thermal collector panels in its two continuing care retirement communities, Friends Homes at Guilford and Friends Homes West. As one of the largest ever installed solar thermal systems in […]
Senior Quality Lifestyles Corporation (SQLC), a Texas-based nonprofit sponsor of senior living communities, announced that financing was recently completed for its latest project, Mirador. Ziegler Capital Markets served as bond underwriter of the $79 million financing for the the 17-acre campus scheduled to open in 2011. Construction is underway for the Corpus Christi, Texas gated […]
Craig International and Mad Mag Development recently announced the purchase of 24 acres in Craig Ranch to develop a resort-style senior living project. Tuscarora at Craig Ranch will be a full-service Continuing Care Retirement Community (CCRC) in Collin County that offers senior living services from independent to assisted living. Tuscarora will primarily focus on independent […]
WindsorMeade of Williamsburg, an active, Continuing Care Retirement Community in Williamsburg, Virginia received licensure from the Virginia Department of Health to begin admitting residents to its nursing facility and has begun receiving admissions for both current residents and eligible individuals from outside the community. The WindsorMeade of Williamsburg nursing facility encompasses 12 private residences with […]
ACTS Retirement-Life Communities Inc., (ACTS) and the Peninsula United Methodist Homes, Inc. (PUMH) and Heron Point of Chestertown (Heron Point), recently announced the signing of agreements in which PUMH and Heron Point have agreed to become affiliates of ACTS effective May 1. ACTS is the nation’s largest not-for-profit owner, operator and developer of CCRCs. Through […]
Crain’s Chicago Business recently ran an article entitled, “Upscale senior home The Clare averts default after cancellations soar”, that discusses some of the challenges and strategies that the high-profile continuing care retirement community is currently facing. The high-profile, 52 story high rise has attracted national attention for its lawsuit arguing it should be exempt from […]
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