The 50+ Housing Council, a special interest council of the Building Industry Association of Southern California, revealed the winners of the “Project of the Year” and “On the Boards” categories of the 15th annual SAGE Awards and honored “Person of the Year” winner Manny Gonzalez and “Program of the Year” winner RSVP-Orange County at an [...]

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The Institute on Aging Senior Campus, which is under construction, last week celebrated a significant milestone for the building that will serve the San Francisco Bay area’s burgeoning senior population.  The project, located in San Francisco, California, will be completed in the fall of 2010 and consist of a six-story, 230,310-square-foot building designed by TWM [...]

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RDI Development Company announced that it recently secured a $5.2 million dollar construction loan for an assisted living facility in Rossmorr, California.  RDI purchased the land for 1.2 million in November with an appraised value of $2.6 million and moved forward with with entitlements and plans immediately in order to have the project shovel ready.  [...]

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The Moldaw Family Residences at 899 Charleston, the new senior living community on the Taube Koret Campus for Jewish Life (TKCJL), began welcoming residents late last month to the new continuing care retirement community (CCRC) in Palo Alto, California.  Moldaw Family Residences was designed around the concept of inspiring older adults to remain active [...]

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U.S. Department of Housing and Urban Development Deputy Secretary Ron Sims recently visited Palo Vista Garden Community, an Oakland Housing Authority (OHA) property that is receiving funds through the American Recovery and Reinvestment Act of 2009 (Recovery Act) for capital improvements and energy efficiency upgrades. It is one of seven developments that is receiving funding [...]

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The City of Rancho Mirage and The Olson Company celebrated the ground breaking of a new senior retirement community that culminates several years of planning, entitlement and design work.  The San Jacinto Villas community will become the city’s newest age and income restricted rental community set on 8.7 acres and will consist of 82 one [...]

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Aegis Living, a national provider of retirement and assisted-living communities, recently announced the development of Segovia, a new eight acre upscale residential community for seniors in Palm Desert, California. The $60 million community will provide seniors with various services, amenities, and a choice of residential home plans that blend innovative and elegant design with resort-style, [...]

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Speaker of the House Nancy Pelosi (D-CA) recently joined residents and neighbors in celebrating the preservation of 245 affordable apartments at Nihonmachi Terrace in the Japantown neighborhood of San Francisco. The seven building property, buitl in the mid-1970s, is currently undergoing $25 million in renovations that will include energy-efficiency enhancements and structural improvements and he [...]

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Two San Francisco Bay Area housing non-profits, Suburban Alternatives Land Trust (SALT) and Northbay Family Homes (NFH) are sponsoring an open competition to develop ideas that optimize their site’s potential uses, including ideas that address the need for senior housing in a suburban setting.  The Project site is located in the City of Novato, Marin [...]

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Westmont Living, Inc., a regional provider of independent living, assisted living and memory care services for seniors, has announced it will open its newest full service community for seniors, Westmont of Morgan Hill, in early spring 2010. This latest addition to Westmont’s planned West Coast expansion will feature a variety of apartment styles, including 67 [...]

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Greystone Servicing Corporation, Inc. (“Greystone”) last month announced the refinancing of a portfolio of six skilled nursing facilities, ranging from 75 to 296 beds, totaling over $55,000,000 in FHA-insured funds.  S & F Management, a private company specializing in long-term healthcare and rehabilitation services, purchased the facilities in 2005 as part of the final liquidation [...]

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Officials from the Association of Bay Area Governments (ABAG) and the Metropolitan Transportation Commission (MTC) recently celebrated the actions of numerous Bay Area communities that have been awarded voter-approved Proposition 1C housing bond funds from the California Department of Housing and Community Development.  Over the past few years, the Bay Area has taken big steps [...]

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