Category Archives: News

Lifespace, SQLC affiliation would result in fifth-largest not-for-profit senior living organization – McKnight’s Senior Living


McKnight’s Senior Living
Lifespace, SQLC affiliation would result in fifth-largest not-for-profit senior living organization
McKnight’s Senior Living
West Des Moines, IA-based Lifespace Communities and Addison, TX-based Senior Quality Lifestyles Corp. have signed a nonbinding letter of intent as they explore the possibility of affiliating, the two organizations announced Wednesday. A merged company …

Cohousing: The new Bay Area trend in senior living – The Mercury News


The Mercury News
Cohousing: The new Bay Area trend in senior living
The Mercury News
The skyrocketing cost of Bay Area housing almost forced Marietta Borgel to leave San Jose, the place she's called home for six decades. Then she discovered home-sharing and, for the first time in her 75 years, Borgel moved in with a roommate. Life in a …

Confluent Senior Living Completes Sale of Fort Collins Senior Living Community – North Forty News

Confluent Senior Living Completes Sale of Fort Collins Senior Living Community
North Forty News
Kayne Anderson Real Estate acquires MorningStar of Fort Collins. DENVER – Confluent Senior Living, a subsidiary of Denver-based real estate investment and development firm, Confluent Development, is pleased to announce the sale of its MorningStar of …

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Older Americans Month ideal time to discuss senior living options – Poughkeepsie Journal

Older Americans Month ideal time to discuss senior living options
Poughkeepsie Journal
Both for-profit and non-profit independent living communities generally accept residents who can cover the facility's costs for a set period of time. Medicare contributes to costs associated with doctor's visits, medical treatments and prescriptions

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Relocating In Retirement: Don’t Make These Common Mistakes – Forbes


Forbes
Relocating In Retirement: Don't Make These Common Mistakes
Forbes
While most Americans show a desire to age in place, retirement can also be the ideal time to sell your home and relocate or downsize. Kids are typically grown up and moved out of the home, and the need to be close to work is gone, so many seniors use

Bartlett reviews concept for senior living facility – Chicago Daily Herald

Bartlett reviews concept for senior living facility
Chicago Daily Herald
Bartlett village board members this week gave a largely supportive review to a concept plan for a 170-unit senior living facility and a commercial outlot building on a 10-acre site on the west side of Route 59, just south of Schick Road. The concept

Succession planning urgent need in senior living, survey suggests – McKnight’s Senior Living


McKnight’s Senior Living
Succession planning urgent need in senior living, survey suggests
McKnight’s Senior Living
Seventy-three percent of senior living CEOs whose organizations were represented in a recent survey by Ziegler could be retiring within the next 10 years, according to survey results. Sixty-five percent of the organizations in the survey don't have

Growing debt among older Americans threatens their retirement – CNBC


CNBC
Growing debt among older Americans threatens their retirement
CNBC
Doing so will also make it more likely that you stick to a budget, and therefore avoid falling deeper into debt. The National Council on Aging offers the Economic Check Up, a website where users can obtain a free personal report on money management and

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Sienna Senior Living Inc. Completes Acquisition of Ten High-Quality Retirement Residences in Ontario – GlobeNewswire (press release)

Sienna Senior Living Inc. Completes Acquisition of Ten High-Quality Retirement Residences in Ontario
GlobeNewswire (press release)
MARKHAM, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna” or the “Company”) is pleased to announce that it has completed the previously announced acquisition (the “Acquisition”) of ten high-quality private-pay independent

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Memory care ‘fiercest’ area of competition for Five Star, CEO says – McKnight’s Senior Living


McKnight’s Senior Living
Memory care 'fiercest' area of competition for Five Star, CEO says
McKnight’s Senior Living
"Fifty percent of our memory care units had new memory care units open up within five miles over the past year," Five Star Senior Living President and CEO Bruce Mackey said Wednesday. Memory care has been the “fiercest” area of competition in private