Sunrise posts loss of $70 million in 2007, rethinks growth plans
Aug 07, 2008
Sunrise Senior Living Inc., a major assisted-living player in the United States, lost more than $70 million last year, and disclosed it would reduce the number of units in its development pipeline.
NIC: Financing in seniors housing falls in first quarter
Jul 22, 2008
The amount of financing placed in seniors housing dropped by a precipitous 60% in the first quarter of 2008, according to data released this month from the National Investment Center for the Seniors Housing...
Emeritus pushes assisted-living purchases to $1.5 billion over last 18 months
Jun 11, 2008
Emeritus Corp., the second-largest assisted living operator in the United States, has announced it will purchase 29 communities, comprising more than 2,200 units.
Deteriorating health top reason to leave home, seniors say
May 29, 2008
Half of all seniors cited deteriorating health as the number one reason they would leave their homes, while nearly one in four said they would move due to a desire to live in seniors housing, according...
Poor housing market affects assisted living sector
May 13, 2008
Senior housing stocks took a small tumble on Friday due in part to the steady decline of the residential market.
60 Seconds with…
May 01, 2008
Anna Ortigara, Communications director, Green House® Project
Poll: Americans expect family members to enter senior living facilities
Apr 25, 2008
A total of 84% of Americans over the age of 50 expect an immediate family member to move into a senior living community within the next 10 years, a new poll found.
60 Seconds with…
Apr 01, 2008
Stephen McConnell, VP for advocacy and public policy, Alzheimer’s Association
Residents may be eligible for $300 tax rebate
Apr 08, 2008
The federal government may owe nursing home and assisted living residents some extra spending money, thanks to President Bush’s Economic Stimulus Package.
Racial disparity apparent in long-term care
Apr 03, 2008
A “resegregation of sorts” is occurring in the world of eldercare, according to a news report. Elderly black people increasingly are likely to be in nursing homes while older whites more often...