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Entries Tagged as 'Senior Housing California'

Cambridge Announces Over $26 Million in Senior Housing Financing For California Properties

August 26th, 2010 · No Comments

Cambridge Realty Capital recently announced a series of financing transactions for California assisted living and skilled nursing properties totaling over $26 million dollars.  Cambridge has been actively financing skilled nursing homes and assisted living facilities in California for over 15 years and has recently increased its focus in Southern California with the addition of Hymie [...]

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Tags: Senior Housing California · Senior Housing Finance

CalHFA Announces New Issue Bond Program to Help Provide Affordable Housing for Californians

August 24th, 2010 · No Comments

The California Housing Finance Agency (CalHFA) recently closed its first bond issuance under the New Issue Bond Program (NIBP).  The NIBP, made possible through a special partnership with the U.S. Department of the Treasury, will provide $380 million financing for affordable, multifamily housing developments in California.  CalHFA’s first NIBP issuance will help create a 185-unit [...]

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Tags: Affordable Housing · Senior Housing California · Senior Housing Finance

HomeAid Dedicates No. California Homes for Developmentally Disabled Seniors

July 22nd, 2010 · Comments Off

HomeAid Northern California recently celebrated the dedication of Phase 1 of the Village at Walpert Center in Hayward, California for developmentally disabled seniors.  The Alameda county development, which will be fully completed in late summer 2010, will include 5 identical, 3,410 square foot homes with six bedrooms each. The homes, designed by KTGY Group, were [...]

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Tags: Senior Housing Architecture · Senior Housing California · Senior Housing Developers

Heritage Commons Awarded $1 Million FHLB Grant For Senior Housing

July 11th, 2010 · Comments Off

Heritage Commons, a 60-unit senior housing community in Dixon, California, announced that it has received a grant of $1,000,000 through the Affordable Housing Program of the Federal Home Loan Bank (FHLB) of San Francisco. Heritage Commons will provide affordable housing to very low-income seniors and the apartment complex will be located within a new subdivision [...]

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Tags: Senior Housing California · Senior Housing Finance · Senior housing

Skilled Healthcare Faces $671 Million Judgment

July 7th, 2010 · Comments Off

Skilled Healthcare Group, Inc. (NYSE: SKH) reported that a jury in Humboldt County, California, returned a verdict against the company for a complaint filed more than four years ago.  The case, previously disclosed in SKH’s regulatory filings, is expected to be finalized in the coming weeks as the jury awarded the plaintiffs $613 million in [...]

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Tags: Nursing Homes · Senior Housing California · Senior Housing Stocks · Senior housing

Oakland Area Organizations Celebrate Groundbreaking of Harrison Street Senior Housing

July 6th, 2010 · 1 Comment

Oakland area citizens, religious leaders and politicians celebrated the June 25th ground breaking of a new 73-unit affordable housing development for senior citizens in downtown Oakland, California.  The project, expected to open in Fall 2011, will convert a former gas station site and an adjacent building that was once a medical marijuana dispensary into a [...]

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Tags: Low Income Housing · Low Income Senior Housing · Senior Apartments · Senior Housing California · Senior housing

New 27-Unit Senior Apartment Complex Opens in South Los Angeles

June 28th, 2010 · Comments Off

The city of Los Angeles and Housing Authority of the City of Los Angeles (HACLA) recently celebrated the opening of the Manchester, a senior public housing community in South Los Angeles.  HACLA acquired the property with the intent to renovate the interior and exterior and transformed the apartment building into 27 one-bedroom senior apartments.  The [...]

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Tags: Senior Apartments · Senior Housing California · Senior housing

Vintage Burbank Celebrates Opening of New California Senior Living Residence

June 8th, 2010 · Comments Off

Vintage Burbank, Vintage Senior Living’s 22nd location, recently celebrated the grand opening of the 8-story residence designed for independent and assisted living programs.  Vintage Burbank teamed up with architects Tim Wilkes and Doug Pancake, along with interior design firm—Design Tec, Inc., to give the residence a contemporary California resort-style elegance with state-of-the-art technology. The 102-unit [...]

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Tags: Featured · Senior Housing California · Senior Housing Communities · Senior Living

Google And Affordable Senior Housing? Seriously….

June 7th, 2010 · Comments Off

What does one of the hottest technology companies in the world have to do with affordable senior housing?  According to an article in Novogradac’s Journal of Tax Credits entitled “Google’s Investment in Affordable Housing Gets Results”, Google Inc.’s first low-income housing tax credit (LIHTC) investment will benefit over 200 of California’s seniors looking for affordable [...]

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Tags: Affordable Housing · Senior Housing California · Tax Credits

BRIDGE Housing to Transform Historic Oakland, California Landmark into Senior Apartments

May 27th, 2010 · Comments Off

St. Joseph’s Senior Apartments, a development by BRIDGE Housing Corporation, celebrated its groundbreaking in Oakland, California earlier this month and when construction is complete in June 2011, St. Joseph’s Senior Apartments will include 84 rental apartments for very-low-income seniors within the existing Main Building of the Oakland historic landmark. St. Joseph’s Home for the Aged [...]

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Tags: Featured · Low Income Senior Housing · Senior Apartments · Senior Housing California

Morningside of Fullerton Announces $2 Million Expansion, Renovation

May 19th, 2010 · Comments Off

Morningside, a continuing care retirement community in Fullerton, California, has announced plans to expand its Lakeview Hall and Wellness and Fitness Center as well as renovate the community’s lake and surrounding courtyard features.  Construction on the $2 million expansion and renovation project began earlier this month and is expected to take nine months to complete.

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Tags: Senior Housing Architecture · Senior Housing California · Senior housing · retirement communities

Thoughts on Retiring in Mexico….AMAR Conference, San Antonio, Texas

May 10th, 2010 · Comments Off

Thinking about retiring in Mexico?   How about developing senior housing and living product south of the border?  The opportunities exist but major challenges remain to make retiring south of the US border a slam dunk.  A group of business executives known as AMAR held a conference in San Antonio this past weekend to promote development [...]

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Tags: International Senior Housing · Senior Housing California · Senior Living · Senior housing · retirement communities