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|Articles - September 2012|
|Monday, August 27, 2012|
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This past year, for example, PRS landed management contracts for two Quaker facilities in California: Quaker Gardens in Los Angeles and Friends House in Santa Rosa. “These are small, stand-alone retirement communities that lack the capital to upgrade programs and services,” McLemore says. In a tough economy, relying on a lone executive director to handle finance, food service and health care issues can be a struggle for many small communities, he says. “We see a continued big opportunity for other nonprofits needing assistance.”
The nonprofit is also remodeling and expanding its affiliated properties, which include nine continuing-care retirement communities. To meet demand in that market for larger apartments and more activity space, the nonprofit recently rebuilt Cascade Manor in Eugene, a seven-story facility constructed in the 1960s. The remodel included 50 one-bedroom den apartments and a new wellness center. PRS also remodeled the University Retirement Community in Davis, Calif., adding an indoor pool and spa, and larger assisted-living and retirement apartments.
As part of its mission, PRS provides housing and services to seniors at all economic levels. On the lower end, the nonprofit has already built 25 HUD-financed low-income senior communities. Today, says McLemore, the biggest challenge is how to provide “midmarket” care and services for seniors impacted by the recession. Many baby boomers are also living longer, healthier lives and are avoiding the expense of moving into a retirement community until absolutely necessary. Responding to these trends, PRS is exploring new in-home and cooperative care arrangements. The nonprofit is also working to address problems on the recruitment end, partnering with universities to address the national nursing shortage and trying “to get people excited about the special benefits you get from caring for someone at the end of life.”
Getting motivated about senior care is not a problem for McLemore, who started working in the field in 1986 as an employee for Rogue Valley Manor in Medford, the PRS flagship property. Twenty-six years later, he works with all manner of communities and organizations: urban and rural, Quaker and Catholic, the Masons and the Independent Order of Oddfellows. In each case, McLemore says, the goal is to “entrench ourselves in the organizational culture and work with the board to find innovative solutions that fit their mission.”
“Pushing paper in the office is one thing,” McLemore adds. “My favorite thing is meeting with residents, hearing about their dreams for retirement and trying to incorporate them into our next big project.”
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Thursday, May 29, 2014
I was in a rut. A few months ago, I was at my desk trying to come up with cover story ideas for our June “green” issue. But I was stuck on a concept that is a bit too tried and true in the magazine business.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Wednesday, May 28, 2014
Oregon Business magazine's "Green Your Workplace" seminar featured a panel of sustainability experts from small, medium and large organizations. The seminar drew 70 people and took place in the Nines Hotel this morning.
Thursday, May 29, 2014
BY KIM MOORE
A conversation about credit unions with the CEOs of Advantis Credit Union and OSU Federal Credit Union, followed by June's Powerlist.
Thursday, June 05, 2014
BY HANNAH WALLACE | OB BLOGGER
What does it take to launch and run one of these mobile food businesses?
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