As the role of downsizing housing and living spaces accelerates for the aging population, many small businesses are popping up to serve the needs of seniors and baby boomers. These business are sprouting up across the United States either as new stand-alone businesses or in conjunction with a senior living community or real estate company. […]
Category: Senior Housing
Health Care Reit, Inc. (HCN) announced that achieved 4Q08 normalized funds from operations (FFO) of $0.83 per share, up 4% and had normalized FFO of $3.38 per share, up 8% for the full year 2008. The company completed a total of $1.0 billion in new net investments of which 85% related to preferred investments which […]
Sunrise Senior Living, Inc. (NYSE: SRZ) (“the Company”) filed a 8-K last with with the Securities and Exchange Commission (SEC) that provided notice to its investors that it had received a demand letter from Natixis, London Branch, in its capacity as agent and security trustee in connection with loan agreements, dated March 24, 2006 (the […]
The National Post, a Canadian publication, recently ran an article on Canadian seniors looking to downsize and extolling the benefits of purchasing smaller, luxury types of condominium units rather than renting or participating in a CCRC. While the developers are offering both rental units and condominiums units in the same buildings, they share the same […]
Last week Nationwide Heatlh Properties (NHP) announced its results for the 4th quarter of 2008 and full fiscal year of 2008 showing an increase in revenue from 2007 to 2008 of 21% and an increase in net income by 19.5% year over year. NHP provided 2009 guidance of diluted FFO guidance per share range from […]
A few weeks ago, Curlin Commons, a 40-unit apartment community dedicated to serving seniors with low incomes, celebrated its ground breaking at Freedom Christian Center in Mooresville, NC. Culrin Commons is being developed through the joint efforts of the Catholic Diocese of Charlotte Housing Corporation and The Affordable Housing Group of NC, Inc. The project […]
The Gilbert Guide just launched an updated listing and lead tracking system for senior care services providers that provides more enhancements and improvements to existing lead tracking software. The enhanced lead tracking system allows providers to track how many users viewed their listing, clicked through to their website, and clicked to obtain their phone number–along […]
The Calgary Herald ran an article last week entitled, “Senior home care companies booming“, that went so far as to state that many of its home care businesses that cater to seniors are seeing steady growth in 2008. The article focuses on one or two national Canadian home-care companies but fails to provide a broader […]
President Barack Obama revealed his much anticipated plan to fight the housing crisis by proposing to spend almost $300 billion to shore up the housing market and stem the onslaught of foreclosures. The plan calls for assisting almost 9 million homeowners that include those in the foreclosure process and those who are current on their […]
This year’s Environments for Aging 2009 Facility Tours, set to take place Sunday, March 29 from 1:00PM to 4:00PM, will give attendees the opportunity to tour some of Massachusetts’ finest state-of-the-art senior facilities. These tours are part of Environments for Aging 2009, www.efa09.com, offers a comprehensive three-day experience, during which attendees and presenters will explore […]
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