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|Archives - February 2009|
|Sunday, February 01, 2009|
THIS OLD HOUSE
The downturn hits senior housing, but Oregon may suffer less than other markets.
BY JASON SHUFFLER
The ravaged condo and residential markets in Oregon have received most of the attention in the housing collapse, but the downturn, which has sapped many retirement funds, finally is reaching another housing sector: senior-living communities.
Keren Brown Wilson, now a professor of gerontology at Portland State University, convinced the state in 1981 to subsidize early assisted-living housing models with Medicaid waivers. It was the first state in the nation to do this, and it spurred the development of assisted-living facilities, and later independent retirement communities. The sector exploded in the 1990s, pushing membership in the Oregon Health Care Association, the trade organization representing operators, by fivefold. “We went from zero to 60 overnight,” says Linda Kirschbaum, program director of the association.
The prospect of a steeper dip in occupancy and new residents is also troubling news for owners and operators trying to manage debt and rising costs and still a pull a profit at the end of the quarter.
In mid-March, McMinnville-based Willowcreek Management and Development Company plans to unveil The Springs at Tanasbourne, a 240-unit upscale multi-use senior-living community. The company says leasing of the independent retirement units is at 30% as of mid-December. The entrance fee ranges from $230,000 to $340,000.
Friday, July 10, 2015
BY JACOB PALMER
Most of the food Americans consume is trucked in from hundreds of miles away. Eric Wilson, co-founder and CEO of Gro-volution, wants to change that. So this past spring, the Air Force veteran and former greenhouse manager started work on an alternative farming system he claims is more efficient than conventional agriculture, and also shortens the distance between the consumer and the farm.
Wednesday, July 15, 2015
We asked readers how Obamacare has impacted their business.
Thursday, July 09, 2015
The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger. About 80,000 people attended despite temperatures in the upper 90s.
Wednesday, June 10, 2015
Jeff Lang and his wife Rae used to dole out campaign checks like candy. “We were like alcoholics,” Lang says. ”We couldn’t just give a little.”
Friday, July 10, 2015
BY DAN COOK
The Affordable Care Act has triggered a rush on health care plan redesign, a process fraught with hidden costs and consequences.
Thursday, June 25, 2015
An international architecture firm known for its design of the National September 11 Memorial Museum Pavilion in New York unveiled its plan this week for a modern indoor/outdoor food market at the foot of the Morrison Bridge in downtown Portland.
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
|10 Innovators in Rural Health|
|The Private 150: From Strength to Strength|
|Farm in a Box|
|Flattery with Numbers|
|Preserving the Legacy|
|Downtime with Debra Ringold|
|Washington to add 7 cents to gas tax|
|Wages, benefits grow at slowest pace in 33 years |
|Amazon earns $92M in profit|
|Under Armour bests Q2 earnings expectations|
|More than a hundred passengers forced to stay overnight at PDX|
|Immunization rates to be available to parents|
|CEO who pledged $70K minimum wage sued by brother|
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
The technology industry is always in flux. And this rapid rate of change poses challenges to companies ranging from nimble startups aiming to make their mark to established organizations fighting to remain relevant. This is particularly true in the competitive digital display market, where an Oregon company has been at the forefront of nearly every major breakthrough in the last three decades.
A look back at the shifting sands of Portland’s growth and development.
Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.
DEDICATION PARTY: Help the Port of The Dalles celebrate its newest shovel-ready industrial land Friday, July 31, from 1:30 to 4 p.m.