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Age care is new frontier says CEO of Age Wave

WELLINGTON: The boomer age wave and increasing longevity are underpinning growth in housing services and products, claims Ken Dychtwald, president and CEO of Age Wave.

“But it is a new frontier”, he says.

“This longevity revolution has never happened before and everything that comes along Read More »

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New $100M fund provides SMSFs access to institutional grade PE return

CHICAGO: Private equity funds specialist, Vantage Asset Management has launched a new $100 million private equity fund of funds, after almost tripling the return on invested capital from its previous fund over the past eight years.

The Vantage Private Equity Growth 2 (VPEG2) fund mirrors Read More »

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Assisted-living facility sued over woman’s alleged infested lesion

LOS ANGELES: An assisted-living facility is fighting to have a lawsuit against it dismissed and moved to arbitration to settle allegations that an elderly woman in its care was found to have live maggots in a scalp lesion.

In September 2012, according to court documents, Read More »

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Social housing occupants renting out spare bedroom via Airbnb for cash lift

HOUSTON: A problem for social and affordable housing providers is emerging.

An increasing number are raising cash by letting out a spare room via Airbnb.

In one block of flats, so many are being used like hotels, and the building is teeming with strangers…

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