Equity LifeStyle Properties 2nd Quarter Results Show Strength

Equity LifeStyle Properties (NYSE:ELS) released its second quarter results that showed Funds From Operations (“FFO”) of $23.7 million, or$0.77 per share on a fully-diluted basis, compared to $21.7 million, or $0.71 per share on a fully-diluted basis for the same period in 2008.  Net income available came in lower in comparison to results from the […]

Thank You Senior Housing News Readers, Sponsors And Partners

Thank you for making the first half of 2009 a very successful start to the year.  Without our readers and advertisers, Senior Housing News would not be where it is today and our site and community continues to grow each month.  There are exciting things being planned for the second half of 2009 and we […]

Nobility Homes See Sales Plummet For Manufactured Housing

Nobility Homes, Inc. (Nasdaq: NOBH) announced sales and earnings results for its second quarter earlier this week that show sales for the second quarter of 2009 were $2,388,817 as compared to $8,700,899 recorded in second quarter of 2008. Loss from operations for the second quarter of 2009 was $884,242 and the company showed a $121,126 […]

Walnut Village Receives Gold Award From National Association of Home Builders 50+ Housing Council

 Walnut Village, a new retirement community under construction in Anaheim being developed by Burbank-based Front Porch, received top honors at the 2009 National Association of Home Builders (NAHB) 50+ Housing Council held during the Building for Boomers and Beyond Symposium.  The awards program recognizes excellence and innovation in the design, development and marketing of housing […]

NYT: Seniors Stuck In Homes They Are Unable To Sell

The New York Times ran an article recently titled, “Unable to Sell Homes, Elderly Forgo Move to Assisted Living“, that discussed how the housing crisis is keeping thousands of seniors from moving into retirement communities as they are unable to sells their homes or spend some of the large entrance fees to move into some […]

UK Nursing Home Operator On The Brink

An article on the United Kingdom based nursing home operator, Four Seasons, painted a bleak picture for the future outlook of the company that employs over 21,000 in the across Great Britain.  The company provides care for over 15,000 residents in over 440 facilities and was purchased by the Qatar Investment Authority in 2006.  The […]

Nursing Home Costs In Ireland Skyrocketing

For people living in Ireland, a report published recently by Nursing Homes Ireland showed that nursing home care in the Emerald Isle can cost as much as 1,300 Euros per week or over 69,000 euros a year. The study showed that the average nursing home stay in Ireland is about 4 years. About half of […]