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Brookdale Senior Living has agreed to acquire seven senior living communities with a total of 613 apartments for an aggregate purchase price of $80.9 million. Brookdale has been managing six of the communities since September 2011.
All of us, at the Pennsylvania Assisted Living Association, were saddened last week to learn that former Governor George M. Leader passed away at the age of ninety five years. The Board of Directors, staff, and over 150 members at PALA extend our deepest sympathies to all of the Leader family.
Holiday Retirement has renewed their partnership with non-profit Outward Bound for Veterans and Outward Bound Canada to raise $1.2 million to support more than 600 veterans in the United States and Canada.
Skilled nursing centers at 14 Brookdale Senior Living communities were ranked among U.S. News' Best Nursing Homes. All received five stars – the highest overall rating – from Centers for Medicare and Medicaid Services.
American House Senior Living Communities acquired a 78-apartment senior living community in Sterling Heights, MI $7.65 million.
Tel-Tron Technologies Corporation announced it is partnering with AFrame Digital to provide best-in-class fall detection and health monitoring through its CompanionOne® wireless emergency call system.
Emeritus Senior Living communities across the country will be delivering care packages and providing a helping hand with safety measures to senior vets or their surviving spouses. Called “Heroes Emeritus” in honor of the veterans’ service, Emeritus communities are accepting requests from the public for care package deliveries and safety checks now through Memorial Day, May 27.
Health Care REIT will partner with Revera Inc. to own 47 senior living communities with approximately 5,000 apartments located in major Canadian metropolitan markets. Revera, the second-largest senior living provider in Canada, operates primarily independent living communities.
Health Care REIT released financial and operating results for the first quarter of 2013. Among the results, the company reported a normalized FFO of $0.91 per share, a 5 percent increase from the first quarter of 2012.
National Health Investors released financial and operating results for the first quarter of 2013. Among the results, the company reported a 10.4 percent increase in normalized FFO over the first quarter of 2012.
A group of the nation’s largest senior living providers — including Brookdale Senior Living, Emeritus Senior Living , Benchmark Senior Living, and Senior Star — have chosen Caring.com as their agency of record for national buying of Internet leads for families looking for senior housing and care for their loved ones.
A survey conducted by ConnectedLiving and Emeritus Senior Living revealed that 82 percent of family members said they would recommend a senior living community to others based on the availability of computers and Internet access for residents. This opinion is strengthened when the technology is tailored for seniors and includes training and support.
Crescent Point, a Benchmark Senior Living community located in Lymes, Connecticut, has announced an expansion that will include an area dedicated to memory care.
Emeritus Senior Living released financial and operating results for the first quarter of 2013. Among the results, the company reported community and management fee revenue increased 43.5% to $463.5 million.
Brookdale Senior Living released financial and operating results for the first quarter of 2013. Among the results, the company reported total revenue for the first quarter was $712.3 million, an increase of 4.3 percent from the first quarter of 2012.
U.S. Congressman John Shimkus spoke to residents at Cambridge House in Maryville, a BMA community in Illinois. Congressman Shimkus discussed Social Security and Medicare with the residents.
Acquisition marks the second joint venture between American House and Virtus
Caring.com announced that its Senior Care Directory has earned the Official Honoree distinction in the 17th Annual Webby Awards, an international competition honoring excellence on the Internet.
Emeritus Senior Living has opened a new call center housed in its Seattle corporate headquarters. The center is staffed by Family Advocates, who work with people who are seeking senior living options.
Five Star released its financial results for the quarter ended March 31, 2013. Among the results, Five Star reported total revenue for the first quarter of 2013 increased to $360.1 million from $327.2 million for the same period in the previous year.