As 2010 dawns, many providers and publishers find themselves limping along. Both have just endured one of the more challenging years on record.
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Who would have thought the once bulletproof continuing care retirement community model would be reeling? Erickson Retirement Communities offers a good example of how weird things have become. As fewer and fewer prospects were able to sell their homes (essentially a prerequisite for moving in), occupancy rates tumbled, along with operating revenues. The result: a sell-off of the company in tandem with a Chapter 11 filing.
An assisted living juggernaut—Sunrise Senior Living—is on the brink as well......http://bit.ly/6LLpcP
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1 comment:
Your blog keeps getting better and better! Your older articles are not as good as newer ones you have a lot more creativity and originality now keep it up!
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