Ventas, a healthcare real estate investment trust (REIT), recently filed an 8-K SEC filing that contained a presentation on its company that provided a current profile and discussed the company’s current financial statements and discussed its portfolio of properties. The presentation goes to great lengths to focus on the liquidity of the company and the […]
Category: Senior Housing
Sunrise Senior Living (NYSE: SRZ) announced that it has created and is providing a a new informational guide to help seniors and their families identify ideas for affording senior care in today’s challenging economy. The guide is entitled Affording Senior Living: The Financial Options and is available at Sunrise communities nationwide and also online at […]
Since the start of the year, many developers from other industries have asked Senior Housing News to provide some information on developing senior housing and more specifically finding financing and funding for proposed senior housing projects. Many of these requests have been from residential / single family developers that have found their access to construction […]
The Press in the UK, ran an article that talked about how the owners of Shepherds Purse Cheese are looking to construct a £42 million CCRC near their North Yorkshire farm. The project called, Thornton Fields, would be located on 60 acres of their family land near Thornton le Moor and would accommodate up to […]
Erickson Retirement Communities, which has been facing tough choices and laying off workers, was named to Fortune Magazine’s 2009 Best Companies to Work For at #54. The list provides brief profiles of companies and what makes their companies stand out amongst its peers. Erickson, who was rated 93rd in 2008, was cited as a good […]
The Las Vegas City Council recently approved nearly $6 million in federal and state funds for the development of 108 affordable housing units at four different projects. The city of Las Vegas Neighborhood Services Department will oversee the city’s allocation of funding for these affordable housing projects. Westcliff Pines Senior Apartments – $1.5 million – […]
A few weeks ago, Nauset Construction and Radius HealthCare announce that the $5.4M Brookside at Regency Assisted Living Facility project located in Centerville, Massachusetts is nearing completion. The 3 story, 29 unit assisted living community Radius’s first assisted living facility in its portfolio of healthcare communities located throughout Massachusetts and Rhode Island. Brookside at Regency […]
MassDevelopment announced last week the closing of a low-cost financing package for an affordable senior housing construction and preservation project. The Somerville Housing Authority will use the proceeds from a $14 million tax-exempt bond to demolish an outdated 64-unit apartment complex for the seniors and the disabled, and construct a new 95-unit affordable housing facility […]
Equity Lifestyle Properties, Inc. (NYSE:MHC), a real-estate investment trust focusing on resort communities for ages 55+, announced its 4th quarter results that were down from last year due to rising expenses and fewer sales of homes in their communities. Approximately seventy percent of Equity Lifestyle’s residents are 55+ and nearly two-thirds of its communities are […]
Emeritus Senior Living, a Seattle based operator of senior living communities announced last week that it had acquired Southerland Place located in Tampa, FL. The Southerland Place will be re-branded under the new name Emeritus at Northdale. “Emeritus at Northdale is a wonderful addition to the Emeritus family,” says President and Co-CEO, Granger Cobb. “We […]
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