SEC Alleges Securities Fraud—Company May Be Doomed On March 2, the Securities and Exchange Commission (SEC) formally charged Oregon-based Sunwest Management, its former CEO Jon Harder and several related entities with securities fraud and is seeking an emergency court...
WEL Ties Its Evangelical Manor Capital Campaign To Renovations March 1, 2009 Trying to secure the necessary financial resources for operations, capital, and endowment is a challenge for senior living providers in this uncertain economy. People in all financial...
Some Provisions Offer Opportunities For The Senior Housing Sector March 1, 2009 Among the provisions of the American Recovery & Reinvestment Act of 2009, the $787 billion stimulus bill signed by President Obama on February 17, some of those provisions may...
Affordable Assisted Living In Illinois Shows Promise We all know that times are tough and that capital of any type is in limited supply. The pace of acquisitions in 2008 was the slowest in about six years, and most companies, especially the large ones, pretty much...
The Largest Deal In 18 Months Sets The Stage For More As everyone knows, Sunwest Management, together with its various Canyon Creek Development affiliates, has been under mounting financial pressure from mortgage lenders, unsecured creditors and TIC investors, not...
The Key: Strategic Planning And A Phased Development Approach February 1, 2009 On January 30, Christian Living Communities (CLC) in Greenwood Village, Colorado, celebrated the grand opening of The Suites at Holly Creek, the Phase II expansion of its Holly Creek...