Senior Housing Market Swells With Investment Potential

Senior Housing Market Swells With Investment Potential

Senior Housing Market Swells With Investment Potential (302)

(NewsUSA) – America’s elderly are one of the fastest-growing segments of the population. As a group, senior citizens over age 85 are expected to double between now and 2030. While people are wondering what Social Security will look like in the coming years, senior housing is another rising concern.

Some families are in a position to shelter older relatives, but those who don’t have that option are looking at nursing homes or assisted living facilities. Since assisted living is preferred five to one over nursing homes, it’s not too surprising that the market for new properties is expanding.

The demand for assisted living facilties will continue to surge as the population ages. Plus, it’s need-driven for elderly folks who can’t live alone due to certain conditions, like Alzheimers. It’s this demand that makes senior housing great for investment opportunities.

“Whenever we look at the rapidly aging population in America and the lack of meaningful new construction, we realize how strong the assisted living market will be for the next decade,” says Gary Langendoen, senior managing director of Madison Realty Companies. “The opportunity to expand assisted living properties by adding more beds and to include memory care sections in properties provides significant value-added opportunities to this asset class.”

Currently, small regional operators own the majority of stable assisted living establishments, or they’re of the mom-and-pop variety. According to Alexei Muniak of Xnergy Financial (www.xnergyfinancial.com), an investment banking firm specializing in capital structuring for emerging-growth companies, it’s simple — Madison Realty management sees a huge opportunity in assisted living real estate.

Currently, Xnergy Financial is helping clients, like Madison Realty Companies, set up the capital structure for success. If you’re interested in learning more, visit www.madisonrealtycompanies.com or contact Gary Langendoen at glangendoen@madisonrealtyadv.com. To learn more

about Xnergy Financial, visit www.xnergyfinancial.com.

Festive Times in Pigeon Forge And the Smoky Mountains

Festive Times in Pigeon Forge And the Smoky Mountains (332)

(NewsUSA) – Pick a month, any month, and you’ll find a festival or special event in Pigeon Forge, Tenn.

This resort town next to Great Smoky Mountains National Park really knows how to show you a good time.

Every year starts with a mid-January salute to its neighbor with eight days of free activity called Wilderness Wildlife Week. There are classes, seminars, photography workshops, mini-concerts and hikes into the park’s 800 square miles of nature at its best.

February’s big event is most unusual — a salute to cowboy poetry, western music and chuckwagon cooking called Saddle Up. In March, a softer side comes out for A Mountain Quiltfest.

The city and various businesses organize the festivals and events, and Dollywood is a big organizer.

The popular theme park punctuates its almost yearlong season with an international festival in spring, a fall festival for bluegrass music and barbecue, a Southern gospel music festival and then a spectacular Christmas celebration called A Smoky Mountain Christmas.

A Smoky Mountain Christmas actually is part of a citywide celebration called Pigeon Forge Winterfest, which captures all manner of events from early November through February.

The Titanic Museum Attraction gets in on the fun with a January ice-carving competition, winter snowfalls across the bow of the museum (the building looks like the famous ship) and other programs. All of 2013, for instance, is marked as “The Year of the Titanic Children” and focuses on the 133 children on the famous voyage.

Every May, thousands of people turn out for Dolly’s Homecoming Parade, which honors hometown superstar Dolly Parton. It’s all very Norman Rockwell — youthful twirling teams, high-school bands, equestrian units — except that Dolly herself rides in the first float.

Mixed in during other months are car shows devoted to hot rods and nostalgic classics, a knockout Fourth of July concert and fireworks event, a huge autumn crafts fair and the Salute to Veterans Parade every November.

Information about all events is online at MyPigeonForge.com or by calling 800-251-9100.

 

NASCAR Debuts Gen-6 in Daytona 500 With All-Star Lineup

NASCAR Debuts Gen-6 in Daytona 500 With All-Star Lineup
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(NewsUSA) – Every year, NASCAR fans patiently wait for the Daytona 500 in Daytona Beach, Fla. to see gutsy drivers and unpredictable racing. This year’s 55th anniversary will prove even more surprising with the debut of the Sprint Cup Series Generation-6 race car, replacing the boxy model that’s been racing since 2007, and ignite new, fierce competition from veterans and rookies alike.

Receiving heavy attention is Daytona’s defending champion, Matt Kenseth, who will be driving the new Dollar General No. 20 Toyota Camry as part of the Joe Gibbs Racing team. NASCAR fans are also excited to see traditional favorites, including Kyle Busch, Denny Hamlin, Jeff Gordon, Dale Earnhardt Jr., and Tony Stewart as excitement builds over newer stars, like Danica Patrick, who posted some of the fastest speeds during preseason test runs.

Like Kenseth’s peers, he’s in for some uncertainty. The Gen-6 is supposed to have enhanced safety features after two years of development and help from NASA. Closely resembling a streetcar, it features drivers’ last names on the front windshield, but speculation says the faster car may lead to unpredictable racing while drivers adjust to the new handling conditions.

In an early prediction of Daytona’s outcome, Bleacher Report favors vets like Kenseth, Gordon, Earnhardt Jr. or Stewart, assuming they adjust well to the Gen-6 car.

Regardless of the winner, Dollar General expects the Daytona 500 to boost interest in NASCAR and invigorate fans, which is reflective of its increased sponsorship in the 2013 Sprint Cup Series. The country’s largest small-box retailer will also continue its full-season sponsorship of Brian Vickers in the Nationwide Series. Between the advantages of social media and the anticipated premiere, both attendance and viewership may soar. This means only good things for sponsors like Dollar General.

This year, Dollar General is also going the extra mile to help customers and viewers. When the Dollar General car wins with either Kenseth or Vickers at the wheel, customers who shop online with Dollar General will receive an additional 20 percent off their everyday low price, or, if the Dollar General cars have a top-10 finish, customers will enjoy 10 percent savings online. Discounts are only available the Monday after the race, only at www.dollargeneral.com.

Plus, Dollar General is a veritable one-stop shop for all racing needs. From snacks and plates, to beer and wine, DG will complete your Daytona experience, and with over 10,000 convenient locations, there’s sure to be one close.