WALLDORF, Germany, Oct. 10, 2019 /PRNewswire/ -- After an initial review of its third quarter 2019 performance, SAP SE (NYSE: SAP) today announced its preliminary financial results for the third quarter ended September 30, 2019. All 2019 figures in this release are approximate due to the preliminary nature of the announcement.
IRVINE, Calif., Oct. 10, 2019 /PRNewswire/ -- The future of Orange County's workforce is expected to undergo dramatic changes due to evolving technologies and demographic shifts, according to Orange County Business Council's 2020 Orange County Workforce Indicators Report released on October 10.
CALGARY, Oct. 10, 2019 /CNW/ - Keyera Corp. (TSX:KEY) ("Keyera") announced today a cash dividend for October 2019 of 16.00 cents per common share. The dividend will be payable on November 15, 2019, to shareholders of record on October 22, 2019. The ex-dividend date is October 21, 2019. This dividend is an eligible dividend for the purposes of the Income Tax Act (Canada). For non-resident shareholders, Keyera's dividends are subject to Canadian withholding tax.
Hilco Real Estate Announces The Sale Of Operating 48-Room, Assisted & Independent Living Facility In Girard, Ill
NORTHBROOK, Ill., Oct. 10, 2019 /PRNewswire/ -- Hilco Real Estate, LLC announces November 14, 2019 as the court-ordered sealed bid deadline for Pleasant Hill Village, a 48-room assisted and independent living facility in Girard, Ill. The property is comprised of 48 living units set over two buildings, averaging 735 square feet per room. Currently operating at 60% occupancy, the facility is licensed for 25 assisted living residents and includes such amenities as a commercial kitchen, 21-stall garage, leased beauty shop, walking trails, and stocked fishing pond with 20 acres of leased farmland. Included in the sale is a 98-bed former nursing care facility as well. In 2018, the 50-room former nursing care facility shut its doors due, in large part, to delinquent Medicaid payments from the State of Illinois. The east wing of the facility was built in 2002 with 24 rooms and currently accommodates assisted living residents, while the west wing was built in 2005 with 24 additional rooms and currently accommodates independent living residents. The property offers a good mix of one and two-bedroom units that contain well-furnished kitchens, in-unit washers and dryers, and sweeping country views from every window. Girard is well located approximately 30 miles south of Springfield, Illinois, and 75 miles north of St. Louis, Missouri. The property also sits less than one mile from IL-4 and seven miles from I-55, making it easily accessible from major transportation routes. Demographic trends tied to the aging "baby boomer" population have contributed greatly to the demand for senior housing and care options throughout the country. Numbering some 73 million, the baby boomers constitute the largest generation in American history, the first of which turned 65 in 2011. According to the Marcus & Millichap Second Half 2019 Seniors Housing Research Report, over the next five years, the U.S. population of those 75 and older will grow by 5 million, a 22 percent increase, a much more rapid expansion than the 2.8 million people age 75 or older added over the previous five years. This massive demographic shift, coupled with the rise in medical services the aging population could require, ensures broad-based demand across all forms of seniors housing for this sizeable portion of the population. The report further states that by 2027, healthcare spending will account for nearly 20 percent of the overall GDP, driven in large part by the boomer generation. According to the U.S. Department of Human Services, at least 70% of the population 65 or older will require some type of long-term care, with an estimated 40%+ needing skilled nursing services. The American Society of Aging concurs, indicating that after 65, the average American has more than a 70% chance of requiring help with activities of daily living. As such, gains in occupancy levels are anticipated in the near-term for this offering. Jeff Azuse, Senior Vice President with Hilco Real Estate, said, "The sale represents a great opportunity to acquire a turnkey facility at a great price with all the necessary infrastructure and staff already in place – the ability to begin operating from day one." Azuse continued, "Pleasant Hill Village is a special place, and we are confident the right operator can unlock the true potential of this property as a strong, income-generating investment, while continuing the rich, century-long legacy of caring and service the residents of this community have come to know and love." The Bid Deadline is scheduled for Tuesday, November 14, 2019. Bids must be delivered to the offices of Hilco Real Estate on or before 5 p.m. (CT) on the day of the deadline to be considered. Interested buyers should review the detailed bid procedures for requirements in order to participate in the sale process available on Hilco's website. For more information regarding site viewings, please contact Jake Soyka at (847) 504-3224 or jsoyka@hilcoglobal.com. Interested buyers can submit their bids via mail to the following address: Hilco Real Estate, 5 Revere Drive, Suite 320, Northbrook, IL 60062, or via email to jsoyka@hilcoglobal.com. For further information on the property, an explanation of the sale process, sale terms or to obtain access to property due diligence documents, please visit HilcoRealEstate.com or call (855) 755-2300. For more information about this or other properties available for sale, please visit HilcoRealEstate.com. About Hilco Real Estate Hilco Real Estate ("HRE"), a Hilco Global company (HilcoGlobal.com), is headquartered in Northbrook, Illinois (USA). HRE is a national provider of strategic real estate disposition services. Acting as an agent or principal, HRE uses its experience to advise and execute strategies to assist clients in deriving the maximum value from their real estate assets. By leveraging multi-faceted sales strategies and techniques, aggressive repositioning and restructuring experience, a vast and motivated network of buyers and sellers, and substantial access to capital, HRE exceeds expectations even in the most complex transactions. Media Contact: Gary EpsteinHilco GlobalOffice: (847) 418-2712Mobile: (847) 323-4943Email: gepstein@hilcoglobal.com View original content to download multimedia:http://www.prnewswire.com/news-releases/hilco-real-estate-announces-the-sale-of-operating-48-room-assisted--independent-living-facility-in-girard-ill-300936934.html SOURCE Hilco Real Estate, LLC
LONG BEACH, Calif., Nov. 19, 2019 /PRNewswire/ -- SCAN Health Plan, one of the nation's largest not-for-profit Medicare Advantage plans, will deliver more than 2,100 turkey dinners with all the trimmings to senior residents throughout Los Angeles, Orange, Riverside and San Bernardino counties on Thanksgiving Day. For nearly three decades, SCAN has recruited local volunteers to package and deliver these holiday meals.
What working Canadians can do now to ensure a financially secure future
WINNIPEG, Nov. 18, 2019 /CNW/ - To mark Financial Literacy Month, IG Wealth Management today released its second annual IG Financial Confidence Index ("the Index"), in partnership with Ipsos Canada. The annual Index tracks and reports on Canadians overall financial confidence through six survey questions, which account for short-term and long-term financial considerations.
Acts Retirement-Life Communities Announces Move to New Headquarters in Fort Washington to Accommodate Growth and Expansion
WEST POINT, Pa., Nov. 19, 2019 /PRNewswire/ -- Acts Retirement-Life Communities, one of the nation's largest not-for-profit senior living organizations, is moving its headquarters to Fort Washington, Pennsylvania, to meet the needs of its organizational growth. The newly acquired building is located at 420 Delaware Drive in Fort Washington near the Fort Washington Turnpike entrance. Acts has operated out of its current headquarters at 375 Morris Road in West Point, Pennsylvania, since 1989. The 80,000 square-foot office complex was built in 2006 and will serve Acts' primary base of operations for its 26 senior living campuses located throughout the east coast, including 12 in the greater Philadelphia area. Acts began transitioning nearly 150 corporate employees from its three Montgomery County area office locations to the new Fort Washington building in early October with completion expected in December. "The location of our new corporate headquarters in Fort Washington is a significant component of our ongoing growth strategy and takes us back to the same town in which the organization was founded some 48 years ago," said Gerald T. Grant, Acts President and CEO. "Bringing our corporate services from various locations in the surrounding area together in Fort Washington will allow us to more efficiently and effectively leverage our resources in service to our residents and Acts' mission." Acts is the largest not-for-profit owner, operator, and developer of continuing care retirement communities (CCRCs) in the United States. Acts has grown significantly in recent years and currently serves more than 10,000 seniors in nine states across the east coast with approximately 8,000 staff. For more information please visit actsretirement.org. For more information, please contact Michael Smith, msmith@actslife.org. View original content to download multimedia:http://www.prnewswire.com/news-releases/acts-retirement-life-communities-announces-move-to-new-headquarters-in-fort-washington-to-accommodate-growth-and-expansion-300961132.html SOURCE Acts Retirement-Life Communities