Benchmark Senior Living, New England’s largest assisted living provider, has signed a definitive agreement to form an $890 million partnership with Health Care REIT (NYSE: HCN). The partnership will include 34 Benchmark senior housing communities...
Polychlorinated biphenyls, known as PCBs, are man-made organic chemicals manufactured in the United States from 1929 until they were banned in 1979 because of indications that they cause cancer and have other serious health consequences. ...
The success of a business model often depends on current economic conditions. Take, for example, Erickson Retirement Communities of Catonsville, Md. The company built a number of large-scale continuing care projects when capital was readily avail...
Growing up on the Caribbean island-nation of Antigua, Egbert Perry recalls, “I never felt poor.” True, his father, Percival Perry, earned only about $1,000 a year running a chicken feed business, and Egbert was one of 11 children.
But wealth com...
Leverage is like cocaine, theorizes Leo Wells, founder and president of Wells Real Estate Funds, which has invested more than $12 billion in real estate since its inception in 1984. “Everybody is going to start off as a social user, and debt is t...
As leasing activity in the retail sector appears to gradually gain momentum, some supermarket chains have recognized this as the perfect time for expansion. The recession took a toll on some traditional grocers, including Winn-Dixie and Albertsons...
A battle is raging in New York and across the country between assessors and taxpayers at odds over the market value of golf courses and their associated membership clubs...
While retailers’ requests for rent concessions have subsided considerably in recent months, they continue to pay close attention to their leases in an effort to cut costs, industry sources say. One area that holds savings potential is common are...