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Ex-RetireAustralia CEO Tim Russell is believed to be finalising his re-entry to the village sector with both an equity partner and projects in place. His colleague of eight years Mark Taylor will likely be joining him.
The large American mobile home park operator Hometown America is believed to be surveying WA’s National Lifestyle Villages with the idea it will buy out Blackstone, the US private equity giant that owns the cash flow rights to NLV’s nine communities.
The fallout from the aged care stock crash could have big implications for the retirement village sector unless carefully managed.
The collapse in the price of aged care companies listed on the stock exchange is really bad news for everyone – residents, operators, staff and suppliers.
Last week was bad but this week is really bad for the share price of Estia, Japara and Regis.
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Our fortnightly newsletter brings you all the tips and tricks you need for a successful retirement, covering everything from finances and property, to health and happiness. Get prepared and sign up here.