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Senior Housing News

High End Adult Day Care Facilities make the grade?

February 5th, 2008 · No Comments

Yesterday I highlighted the “Cadillac” of Adult Day Care Facilities that seemed to have all the bells and whistles and the price tag to along with it.  I thought I would highlight a few others around the country that have made the news lately.
“Beacon Hill Village helps persons age 50 and older who live on […]

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Tags: Affordable Housing · Assisted Living Facilities · Senior housing · retirement communities

North Carolina adult day care center opens

February 3rd, 2008 · 2 Comments

The Ivey, a $5 million dollar adult day care center, is the newest trend in adult day care - upscale.   Located in Charlotte, the Ivey touts themselves as the “newest and most luxurious option for day time-only socialization and care for older adults.” Luxurious is the word to describe it - the exterior is reminiscent of […]

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Tags: Senior Housing Communities · Senior Housing Developers · Senior housing · Subsidized Housing

Slow Housing Sales Hurts Seniors Wanting to Downsize

January 30th, 2008 · No Comments

The current national housing market is slow for everyone and does not discriminate against the young and the old.  For many seniors that have significant equity in their home that represents a large portion of their net worth, a quick sale or a below market sale price is detremental to their financial situation that can […]

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Tags: Affordable Housing · Assisted Living Facilities · Low Income Housing · Reverse Mortgages · Senior Housing Sales · Senior housing

State of Illinois provides state loans and tax credits

January 29th, 2008 · No Comments

A new senior housing facility with 67 units opened this month in Springfield, Illinois and the project received support from the state of Illinois with almost $8 million dollars in state loans and tax credits.  The facility was constructed by non-profit developer Abundant Faith Christian Center.    Sixty of the units are reserved for low income […]

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Tags: Affordable Housing · Assisted Living Facilities · Low Income Housing · Senior Housing Communities · Senior Housing Developers · Senior Housing Finance · Senior housing · Subsidized Housing · Tax Credits

Florida City OKs Large Senior Housing Project

January 28th, 2008 · No Comments

Recently, the city commissioners of Twin Lake, Florida cleared the way for a large senior housing project that has been in the works for over a decade.  The project calls for 22 duplex villas with two car garages, a centralized apartment building containing 63 independent living units and a centralized community center with a central […]

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Tags: Assisted Living Facilities · Senior Housing Communities · Senior Housing Developers · Senior Housing Sales · Senior housing

Senior Housing Decisions Affected by Proximity to Family

January 17th, 2008 · No Comments

SNAPforSeniors, a Seattle based information and Senior Housing web search provider, provides a search tool for finding senior housing opportunities based upon specific criteria entered into its website.  Eve Stern, the president of SNAPforSeniors, recommends a comprehensive analysis when considering any type of senior care for loved ones.  The website is easy to use and […]

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Tags: Assisted Living Facilities · Senior Housing Communities · Senior housing