Think the US market is the only high-growth/high-opportunity area for senior housing? Think bigger. Think China. A recent article in ShanghaiDaily.com and on the Chinese version of Knowledge at Wharton discussed how the traditional view of aging is China is changing from children caring for their parents to the use of Western Style senior living […]
Category: Development
Last week, Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) announced that it extended and amended its unsecured revolving credit facilities (the “Line of Credit”) until April 26, 2012. The company disclosed in its 8-K SEC filing that the Line of Credit has two portions totaling $867 million of borrowing capacity, an increase over the […]
Are you looking for a better ROI on your marketing dollars in this economy? Are you thinking where can I find online advertising for the senior housing and senior living industry that will be specific and targeted to my audience? Senior Housing News can provide customized advertising solutions for your needs and your budget. Our […]
Looking for a good example of how to use a blog to promote your senior housing project? Look no further than PK Studios Blog, which provides up to date information on the details behind the zoning and pre-development activities for one of its senior living projects. The project, The Bridges at Gordon River Continuing Care […]
Several former executives of Sunrise Senior Living’s development team have announced that they have launched Davos Development Senior Living Group LLC to pursue senior living development and re-positioning opportunities for various senior housing developments throughout North America. Sunrise last fall announced layoffs and restructurings in its development division but the Davos team feels there are […]
Last month, the Federal Home Loan Bank of Dallas (Bank) announced that it has awarded $8.4 million in Affordable Housing Program (AHP) grants to 39 projects located in Arkansas, Louisiana, Mississippi and Texas. These AHP grants will help create or renovate 1,170 housing units in its district. The awards included $2,496,673 for 366 units for […]
Brightview Senior Living, a mid-Atlantic-region company based in Baltimore, Md, announced that construction has commenced on their newest senior living community in New England. The 67,400 square foot facility will consist of will consist of 84 rental apartments, including 58 apartments for assisted living and a 26-apartment neighborhood, known as Wellspring Village, dedicated to Alzheimer’s […]
Donald P. Jacobs, AIA, president of JZMK Partners in Irvine, Calif., and a longtime architect with the Sea Ranch, has been elected to the College of Fellows of the American Institute of Architects – one of the most prestigious honors in the field of architecture. According to the AIA, elevation to the College of Fellows […]
Will the Clare stand up to the rich, Chicago Architectural past of Frank Lloyd Wright, Daniel Burnham and the others that set the standard for the city’s architectural heritage? An article in this weekend’s Chicago Tribune takes a close look at the architecture surrounding the construction of the Clare, a 54 story high rise that […]
AF Evans Co., Inc. announced earlier this month that it has filed voluntary Petition for Relief under Chapter 11 of the United States Bankruptcy Code. The goal of the filing is to implement a reorganization of finances to enable the company to return to profitability. According to the company’s statement, AF Evans Co.(AFECo) is filing […]
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