News

Emeritus Senior Living Finalizes Purchase of 24 Assisted Living Communities

June 1, 2011

Emeritus Corporation has completed its previously announced purchase of 24 assisted living communities, formerly owned by a joint venture comprised of Emeritus Senior Living and Blackstone Real Estate Advisors.

News

AdCare Health Systems Acquires Skilled Nursing Center

June 1, 2011

AdCare Health Systems, Inc. has completed the previously announced acquisition of a skilled nursing property in College Park, Georgia. This addition follows recent acquisitions of two other Georgia communities.

News

Brookdale Senior Living to Acquire Horizon Bay Retirement Living

June 1, 2011

Brookdale Senior Living Inc. has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Bay Realty, L.L.C. The transaction will add 90 communities with over 16,000 units to Brookdale’s portfolio.

News

WellAWARE Systems Partners with Eden Alternative to Empower a New Standard of Care

June 1, 2011

Richmond, VA, June 1, 2011 – WellAWARE Systems, the developer of breakthrough technology designed to enable proactive and preventive Elder care, today announced a new partnership with international not-for-profit organization, The Eden Alternative. Fou

News

BMA Announces Opening of New Community

May 24, 2011

BMA Management has announced the opening of Heritage Woods of Belvidere, the first assisted living community capable of serving seniors of all incomes located in Boone County, IL. The community will have certified nursing assistants on duty 24-hours a day

News

HomeTrak Releases New iPad Application

May 24, 2011

HomeTrak introduces “Companion on the Road,” a new iPad application created for non-medical home care agencies. The app helps manage caregiver and client schedules, as well as contacts and maps.

News

WellAWARE Receives Smart Choice Award

May 24, 2011

WellAWARE Systems has been recognized with the 2011 Smart Choice Award, presented by the 50+ Housing Council. The award, recognizing innovative products and services, was given for WellAWARE’s “smart sensor solution.”

News

WellAWARE Expands Partnership with Volunteers for America

May 19, 2011

WellAWARE Systems announced that its partnership with Volunteers of America (VOA) now includes all VOA’s assisted living and memory care communities.

News

WellAWARE Systems Recognized with 2011 RichTech Award

May 17, 2011

WellAWARE Systems received the RichTech Technology Innovation: Healthcare Award, for their advanced “smart sensor” solution, which monitors individuals’ physiological data and allows caregivers to proactively respond to trends that may indicate emerging h

News

Ventas Acquires 118 Assisted Living Communities

May 16, 2011

Ventas Inc. has announced the completion of a deal in which they bought 118 senior housing communities from Atria Senior Living Group. Ventas is paying 1.5 billion dollars in stock and cash for the assisted living communities and will assume 1.6 billion d

News

Five Star Quality Care Plans Expansion

May 16, 2011

Five Star Quality Care, Inc. has released expansion plans, involving 28 senior living communities with a total of 3,038 units. The company plans to operate new communities in Indiana, Georgia, Florida, North Carolina, South Carolina and Virginia and has r

News

Brookdale Senior Living Releases First Quarter Results

May 12, 2011

Brookdale Senior Living Inc. reports their financial and operating results for the first quarter of 2011. Brookdale announces that Cash From Facility Operations (CFFO) is up 13.5 percent and average monthly revenue per unit improved by 5.1 percent compare

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