Archive for June, 2009

Ingleside At King Farm Celebrates Grand Opening In DC – Maryland Area

Ingleside At King Farm Celebrates Grand Opening In DC – Maryland Area

Ingleside at King Farm, a $175 million planned community in Rockville, Maryland covering 14 acres, celebrated its grand opening last month.  The facility is located near the DC metropolitan area and provides a wide variety of senior apartments to fit a variety of needs and includes 10 different floor plans and has a total of [...]

California Budget Cuts Spell Trouble For Senior Housing In Golden State

California Budget Cuts Spell Trouble For Senior Housing In Golden State

As the economy in California struggles and the state government working with limited funds, Governor Schwarzenegger is facing some challenges to make ends meet and one area that is on the chopping block is the state’s senior housing programs.  The governor’s cuts include proposals to shut down the state’s adult day care centers that provide [...]

Is The Theory Of Aging In Place Flawed?

The concept of aging in place has long been held by many as the most cost effective solution for senior housing and one that provides a high degree of satisfaction.  Is that perspective a reality or a commonly held misconception?  Professor Stephen Golant from the University of Florida submitted this paper to Senior Housing News [...]

Hebrew SeniorLife Opens $485 Million NewBridge on the Charles

Hebrew SeniorLife Opens $485 Million NewBridge on the Charles

Hebrew SeniorLife announced this week the opening of the 256 independent living units at NewBridge on the Charles, a state-of-the-art continuing care retirement community located on the 162-acre Dr. Miriam and Sheldon G. Adelson Campus in Dedham, Massachusetts.  The $485 million dollar project, developed by Boston-based nonprofit Hebrew SeniorLife, covers over one million square feet [...]

Rhode Island Housing Project For Low-Income Seniors Honored

The Washington, D.C.-based Affordable Housing Tax Credit Coalition recently honored The Meadows, a Rhode Island affordable housing development designed to meet the needs of low-income seniors, with the Charles L. Edson Tax Credit Excellence Award for senior housing. The $20 million, 80-unit project involves the new construction of a two-story building offering one- and two-bedroom [...]

FHLB San Francisco Announces Awards $30.3 Million in Affordable Housing Program Grants in Six States

FHLB San Francisco Announces Awards $30.3 Million in Affordable Housing Program Grants in Six States

The Federal Home Loan Bank of San Francisco awarded $30.3 million in Affordable Housing Program (AHP) grants in the first round of the 2009 competition earlier this month. The AHP grants, awarded to 42 projects that address the unique needs of individual communities, will produce 2,558 affordable housing units in Arizona, California, Illinois, Nevada, Texas, [...]

Boulder, Colorado Senior Living Project Secures $41 Million Construction Loan

Boulder, Colorado Senior Living Project Secures $41 Million Construction Loan

MGL Partners, a development firm specializing in multi-family and mixed-use development, recently announced that it has completed the closing and funding of a $41.1 million construction loan for The Carillon at Boulder Creek, a 117-unit independent living project for seniors in the heart of Boulder, Colorado. The nine-story building will be delivered fully completed by [...]

Indiana Continuing Care Retirement Community Receives Accolades At 50+ Housing Awards

Indiana Continuing Care Retirement Community Receives Accolades At 50+ Housing Awards

Paric, The Stratford Companies and The Lawrence Group have been jointly celebrating their achievement of winning a Silver award for the “Best Large Continuing Care Retirement Community” category in this year’s “Best of 50+ Housing Awards,” presented by the National Association of Home Builders’ 50+ Housing Council.  The winning project, the Stratford at WestClay in [...]

Faulkner Design Completes Interior Design Work At South Carolina Senior Living Community

Faulkner Design Completes Interior Design Work At South Carolina Senior Living Community

Faulkner Design Group, an interior design firm specializing in senior living properties,  announced that it has completed interior design services at The Woodlands at Furman, an independent senior living community located in Greenville, South Carolina.  The community provides a continuum of care with an elegant flair as the inspiration for the interiors came from traditional [...]