Mirabella Seattle, a new Continuing Care Retirement Community (CCRC), recently opened ahead of schedule in the South Lake Union neighborhood of Seattle. Mirabella is a 12-story residential community for seniors age 62 and better who want to live in Independent Living apartments and penthouses with views of Seattle. There are also Assisted Living apartments that […]

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Mortgage brokers and lenders have been busy this week.  The good news is that borrowing is getting cheaper, unfortunately not easier.  The same is true for developers that have existing, performing loans with lenders with the drop in the prime lending rate.  With the 10 year treasury note around 2.10%, the market for conventional fixed […]

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Do the words “housing project” have a negative connotation in today’s economic environment?  How about tossing in the word “senior”?  Well many of the upscale areas in the United States are putting up major obstacles to permitting senior housing projects in their markets as seniors are showing a stronger desire to remain local to their […]

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Crismon Peaks Assisted Living LLC recently announced plans for the opening of their upscale luxury Assisted and Independent Living Community nestled at the base of the Superstition Mountains in Mesa, AZ. This community of luxury, custom-built, eco-friendly homes has been developed on 6 acres of desert vista.
This newly built property features 3 of 6 […]

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Active Day, Inc., the largest network of adult day health services in the country, recently made moves to expand across Indiana. The company currently operates centers in Munster, Lafayette, Yorktown and three locations in Indianapolis, with Merrillville scheduled to open in the next few months. Active Day provides nursing care and health services, meals, transportation […]

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The MetLife Mature Market Institute® recently released its national survey of adult day services and home care costs which found that the national average daily rate for adult day services is $64, up $3 per day or 5% from 2007. The national average hourly rate for home health aides is $20,a $1 or 5% […]

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