HCN Addresses Senior Living Supply Concerns, Q3 Profits Drop

Health Care REIT (NYSE:HCN) saw profits drop 37% to $33.6 million compared to the prior year following $1.2 billion of investments for the third quarter ended Sept. 30, 2013.  Net income attributable to common stockholders plummeted 44% to $20.7 million or $0.07 per basic and diluted share, down from $37.3 million a year ago. However, gross revenues […]

Movers & Shakers – People and Positions for December 2012

The holiday season is upon us, and people are doing more than just shopping for Christmas or Hanukkah gifts—lots of senior living professionals are shaking up the industry by making strategic moves.  Employers: Take advantage of our job board to look for some of the best and brightest in the industry. Post a job on […]

In the Pipeline: Senior Housing Construction Projects (11/20/2012)

Construction: Planned Meridian Realty Advisors Acquires Site to Build Memory Care Community Dallas-based developer Meridian Realty Advisors, LP recently acquired a site in southwest Fort Worth, Tex. with plans to develop a 52-unit memory care and assisted living community. Silverado Senior Living-Fort Worth will be located on a five acre site and will be the […]

Everything’s Bigger in Texas—Including Senior Care Development “Explosion”

With this fifth and final installment, Senior Housing News has presented an in-depth look at our list of Top Development Locations for 2013. Read the first installment on the Carolinas here; the second, on Florida, here, the third, on Georgia, here, and the fourth, on Arizona, here. Please note that SHN’s development list is not ranked in any particular […]

Reaping the Financial Benefits of Investing in Wellness Programs

Senior living communities are discovering the many benefits of fitness programs. Effective wellness programs can decrease falls, reduce agitation in seniors with Alzheimer’s, and significantly decrease costs for senior living providers. Swimming, strength training, Zumba–these may not be activities normally associated with older people, but many senior living communities are reaping financial benefits by offering […]

In the Pipeline: Senior Housing Construction Projects (4/18/2012)

Pathway Senior Living Plans Renovation for Wisconsin Assisted Living Facility The Age Well Centre for Life Enrichment, located in Green Bay, Wisc. and formerly known as Creekside Senior Living, is renovating its living units to transition into an assisted living-only community, reports the Green Bay Press Gazette. Pathway Senior Living, based in Illinois, acquired the […]