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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.
Wednesday, April 01, 2015
BY LINDA BAKER
Can Oregon remain small but mighty in a global food economy? That was one of the questions raised during this morning’s panel discussion on agriculture exports.
Thursday, March 26, 2015
BY JACOB PALMER
Power lunching at the Court Street Dairy Lunch in Salem.
Tuesday, February 17, 2015
BY TAMSEN LEACHMAN | OB GUEST CONTRIBUTOR
It is important to understand the EEOC’s priorities, and ensure that your leadership understands the shifting expectations of regulators and the heightened standards to which you (and they) may be held.
Friday, March 27, 2015
BY OB STAFF
New events series brings magazine to life.
Wednesday, February 18, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
NBA commissioner: "I would love to end up having an All-Star Game in Portland. It's really just a function of ensuring that we can fit in town."
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan
An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.
Friday, March 27, 2015
BY JACOB PALMER
Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.