Only 6,000 ILUs were built in the US in 2010, according to Robert Ezer of Baybridge Seniors Housing (Ontario) at the Terrapinn Retirement World Conference last week. This compares to 1999 when construction peaked at 65,879 ILUs. He sees no change in the uptake in the US market either, because of the mortgage crisis, despite the accelerated ageing of the population. This tells us that the village market can hold off the decision to move.
Healthcare Australia buys home care provider My Care Solution
South Australian family-owned home care provider My Care Solution has sold its operations to Healthcare Australia, which is owned by Sydney-based venture capital firm Crescent Capital. Healthcare Australia is a healthcare staffing business, with...