The Certified Commercial Investment Member (CCIM) published an article in its magazine (CIRE) in 1995 about the future of assisted living. Since then, assisted living has become mainstream, in fact most of today’s largest providers were either still privately held or non-existent in 1995. Although the article is almost 20 years old, it is still … Continue reading
A recent press release from the University of Pittsburgh Medical Center (UPMC) revealed that one of their senior communities received its license for assisted living. How many people even knew that the UPMC had senior housing in their portfolio? It turns out that College and University affiliated senior housing is widespread. This company specializes in senior housing/college partnerships. They … Continue reading
The transcript for this posting comes from Seeking Alpha. The conference call is between the Health Care REIT‘s executive board and investors, discussing 2012 fourth quarter earnings. Health Care REIT bought Sunrise Senior Living last year (as discussed here). Health Care REIT is one of the country’s largest owners of senior housing and also owns … Continue reading
If you’ve ever thought about using your dog’s natural good nature to put a smile on the face of local seniors in a nursing home, you should understand the procedures involved first. The activities director of the community you’re thinking about would be the first person to call. They will tell you what’s required before … Continue reading
One of the prime benefits assisted living homes tout is the friendships and close relationships that form between residents. The residents get to know each other as neighbors by sharing space and meals together. The activities offered by the assisted living community also build bonds.The families of residents prefer to hear that their loved ones … Continue reading
Although the pension programs available to senior citizens are prominently mentioned on most assisted living company websites as a means of payment, few eligible veterans are using them. This NY Times article quotes a Veterans Affairs spokesman who says less than 5% of the 1.7 million eligible seniors and their dependents are using the benefits. … Continue reading
Volunteers are a large component of the workforce in both skilled nursing and assisted living homes. Companies know the value volunteers provide and make opportunities for service widely available. Marketing material for senior care providers usually devote part of their efforts to attracting volunteers and getting them to commit via a link on their webpage, contact … Continue reading
A Florida Senate Bill (646) would require the Agency for Health Care Administration to inspect assisted living facilities, rate them for consumers, and revoke or deny the licenses of those whose staffers deliberately harm residents. The bill would increase the fines for repeated serious violations and require additional inspections in those cases. Assisted living homes … Continue reading
Most people do not fill out surveys or reviews after making a purchase. Even the simplest questionnaires are time-consuming and tedious, bombarding consumers at every turn. However, reviews are hugely important for dictating whether a customer will buy a product and in the case of an assisted living community – whether they’ll call or email … Continue reading
Edgewood REIT, based in North Dakota, finds building its own senior living properties more prudent than buying existing ones. Edgewood REIT leases most of its properties to the Edgewood Group who also own a development and construction company. The company manages 43 independent, assisted and memory care communities in several Great Plain and Rocky Mountain States. The … Continue reading
