NEW YORK: REITs are only attracting capital because they promise investors better returns than bank interest.
But healthcare in 2015 is being subjected to significant cost pressures. Read More »
REITs face increasing costs which will lower returns from healthcare sector
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Seniors housing developers compete for Global Award
NEW YORK: The thirtieth entry for the seniors housing Global Award for 2015 has been received.
The newly constructed affordable housing at 1029 Natoma Street, Oakland, California, features metal cladding which has been hailed as “a stunning sculptural façade”. Read More »
Sheltered housing/leisure center complex on drawing board
CLEVELAND: Residents have welcomed plans to build a new leisure center.
The new state-of-the-art center will include a 25-meter pool. The site will include a sheltered housing complex for 47 older persons. Read More »
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Tapping social networks to refurbish homes for poor seniors
BOSTON: The success of a recent charity drive that tapped the social networks of youth has inspired a similar drive to raise funds for refurbishing poor, elderly people’s homes.
Called For a Golden Home, 24 students and young working adults, aged below 35, will each Read More »
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