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 […]
Category: Independent Living
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 […]
Rob and Jennifer Liebreich started SeniorDecision.com about one year ago with the goal of providing a comprehensive listing of home health care, independent living, retirement communities, assisted living, Alzheimer’s care, and nursing homes that provide peer to peer consumer ratings and reviews. The site provides an exhaustive listing of facilities throughout the United States that […]
A Senior Housing Daily reader recently contacted us looking for a reference for a firm that specialized in new construction senior housing architects that did projects on a smaller scale around his geographic location. We spoke with some of our contacts and put them in touch and this made us consider what we’d put into […]
Seniors that want a health lifestyle may want to head north to Canada to get access to taxpayer-funded outdoor gyms where they can do squats, chest presses and even tai chi as part of the ActNow program enacted this past year. These facilities will be spread out across provinces and will enlist local senior groups […]
A recent MarketWatch article discussed how to manage retirement risks that included: Inflation Outliving One’s Assets Loss of a spouse Declining Health Medical Expenses The only risk that is difficult to manage (if you really can) is inflation. No matter how old you are or where you live, the costs of living continue to rise. […]
More seniors are trying to stay at home, whether it’s an economic decision or an emotional decision, and trying to figure out how to use technology to make their stay at home more comfortable. Many people think that the use of technology for “aging services” is a costly indulgence. While the capital and upfront expenditures […]
As home health care agencies face increased wage costs and an extremely competitive job market for health care workers, the burden of meeting Medicare shortfalls is being passed along to local and state governments to fill the gap. Adding to the mix are increasing medical insurance costs and higher gas prices, these problems seem to […]
Last week the Wall Street Journal published a short article entitled “Designing for the Senior Surge” that discussed bathrooms, appliances and other items in the home being redesigned for seniors as they age in their homes. The article addresses three main areas: vision impairment, motor skills and memory loss. The concept of again in place […]
One of the blogs that we follow, Long Term Care Daily, recently posted some links to some long term care calculators that estimated some of the costs for long term care including the average cost based on state (and there are some cities to choose from) and type of care (Nursing home, Assisted Living and […]
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