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Prudential Eyeing “NFL Cities” For Future Senior Housing Investment 27 Aug 2013 | 03:42 am
Prudential Real Estate Investors (PREI) continues to build its senior housing portfolio, setting its sights toward populous “NFL cities” as favorable operating conditions offer ripe investment opportu...
Nursing Home Operator Pays $55 Million for Two Chicago Properties, Seeks More 27 Aug 2013 | 03:28 am
A Chicago area nursing home operator made its biggest acquisition ever this month in its purchase of two area properties for more than $55 million, from from Chicago-based First Investments Corp. Th....
Tech Partners Work with AT&T to Reduce Readmissions Through Home Care 27 Aug 2013 | 02:40 am
In an effort to reduce hospital readmissions and avoid steep penalties placed by the Centers for Medicare and Medicaid Services, a partnership between health technology provider Vivify Health and AT&T...
CCRCs Attractive to Seniors for Peace of Mind: U.S. News 27 Aug 2013 | 02:26 am
Peace of mind was named as a primary motivator to move into a continuing care retirement community (CCRC), residents told U.S. News: Money as part of a two-article series on retirement community livin...
Erickson Acquires $176 Million of Foreclosed CCRC’s Senior Debt 26 Aug 2013 | 12:22 am
Erickson Living has acquired all of the senior debt of the Devonshire at PGA National, an insolvent continuing care retirement community located in Palm Beach Gardens, Fla. currently owned by SHP Seni...
Emeritus to Settle Workers’ Class Action Suit for $2.2 Million 26 Aug 2013 | 12:18 am
Emeritus Senior Living has agreed to a $2.2 million settlement regarding compensation claims by some of the company’s California employees. In a lawsuit first brought in 2011 by one of the company’s....
Senior Care Makes the Cut for Fastest-Growing Companies List 26 Aug 2013 | 12:17 am
A number of senior care companies were included on Inc. magazine’s list of the 5,000 fastest-growing companies in the country for 2013. Ranking companies by a three-year growth rate from 2009 to 2012...
Investor Buys $30 Million Senior Housing Complex at Fraction of Cost 26 Aug 2013 | 12:16 am
An investor who specializes in distressed real estate recently bought an unfinished senior housing complex in Hilliard, Ohio for a fraction of what it cost former owner Erickson Retirement Communities...
Despite Delays, Senior Living Providers Prepare for Health Care Reform 23 Aug 2013 | 03:06 am
The Affordable Care Act may be massive, but one component in particular is proving a major consideration for senior living providers: the “employer mandate” to provide health coverage for all “full-ti...
Coalition Launches National Nursing Home Improvement Campaign 23 Aug 2013 | 02:05 am
A nationwide campaign has developed new clinical goals to improve quality initiatives among nursing homes nationwide. The Advancing Excellence in America’s Nursing Homes Campaign is a collaboration o...
