| Ventas to Acquire Sunrise Senior Living REIT
LOUISVILLE, Ky., Jan. 15 /PRNewswire-FirstCall/ -- Ventas, Inc. (NYSE: VTR) ("Ventas" or the "Company") announced today that it has reached a definitive agreement with Sunrise Senior Living REIT (TSE: SZR.UN) ("Sunrise REIT") to acquire its interest in 74 high-quality private pay assisted living communities in the U.S. and Canada and the exclusive right of first offer to acquire other newly developed assets in Canada and portions of the U.S. for Cdn $15.00 per unit, for a total value including debt of Cdn $2.1 billion (or approximately USD $1.8 billion at current exchange rates). The 74 communities are located in demographically desirable metropolitan areas of 17 states and two Canadian provinces. Ventas also expects to acquire for a fixed price five communities in the U.S. and Canada that are currently under development (the "Five Development Properties").
Support groups
A memory loss discussion group is forming. The time-limited group is for people in the earliest stages of dementia and their caregivers. For information, dates and times, call the Alzheimer's Association at 301-797-4892. Al-Anon/Alateen Family Groups Hagerstown and Frederick, Md., area. This is an anonymous, confidential support group for anyone affected by a family member's or friend's drinking. There are no fees. Call 301-663-6626 for a listing of meetings in the area. Well spouse Western Maryland group; today, 7 to 8:30 p.m. Port City Java, 1551 Potomac Ave. Well Spouse Association is a national organization dedicated to offering emotional support to the wives, husbands and partners of the chronically ill or those with disabilities.
Nursing home needs millions in improvements
A preliminary estimate puts the cost of the work at almost $5 million, including an estimated $2.2 million to replace plumbing in the main building. The estimate also includes almost $1 million to replace flooring and a new $325,000 fire alarm system for all the home s buildings. There s no way to know the extent or cost of work needed at the home without bringing in consultants to study the building, said George Meshew, director of county facilities management. "It's an old building," Meshew said. "It has a lot of needs." .
By Ike Wilson News-Post Staff
FREDERICK -- When Samelia Ekah graduates in June, she hopes to attend Oakwood College in Huntsville, Ala. where she will be living with her aunt. "Hope" is the keyword, the Frederick High School senior said. What college she attends will depend on the financial aid package she receives, Ekah said. Ekah joins other college-bound students in search for financial aid. Published reports have described college aid as dwindling and more competitive. The search can be daunting, said Herman Davis, executive director of College Financial Aid Counseling & Educational Services based in Bethesda. Davis led a free financial aid workshop recently, sponsored by Farmers & Mechanics Bank. Colleges and universities are relying on merit-based aid to compete for the best students. But the big losers in this competition are those students least able to afford college, Donald E.
Mary Margaret Spereno, 81, 02/08/2007
OSWEGO, NY - Mary Margaret Spereno, 81, a resident of 132 Ellen St., died on February 8, 2007, at Loretto Heights Nursing Home. Born in Oswego, she was a daughter of the late Fred and Genevieve (Faber) Raby. She was a graduate of St. Mary's School and Oswego High School. She was employed with the New York Telephone Company for 25 years. Mrs. Spereno was a member of the K of C #227 and the Pioneers Telephone Club. She was an avid bowler and bingo player. Surviving are her daughter, Nancy Spereno of Oswego; three sons, Joseph of Los Angeles, Calif., Robert of Fort Lauderdale, Fla. and Ronald (Lisa) Spereno of Oswego; a sister, Pauline Sheridan; eight grandchildren; and nieces and nephews. She was predeceased by her husband, Joseph, in 1995.
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