Sun City Peachtree, the Pulte Homes/Del Webb active adult community located in Atlanta, Georgia, is continuing to find success despite the down turn in the housing market. The project continues to receive a large amount of inquiries from interest parties looking to buy lots and build homes in the 1,700 acre active-adult community. Plans for […]
Category: Senior Housing
A panel in Roanoke, Virginia recently addressed many topics related to senior housing in its panel. Local community leaders, businesses, social agencies, retirement communities and citizens answered questions on housing rehabilitation, new senior housing developments, the ease of access for seniors in the community, and available resources for low-income seniors. The first ever forum for […]
For those of you tree huggers out there, Wal-mart has donated over 2,200 Compact Florescent Light-bulbs (CFLs) to outfit 200 senior housing units in Englewood, Colorado. The CFL bulbs last up to 10 times longer than traditional bulbs and a quarter of the energy. The donation of the bulbs was in conjunction with Wal-mart’s “Sustainability […]
The Fontana City Council (Fontana, CA) recently awarded the re-development of its senior center with a $14.5 million contract to Lake Elsinore-based Tovey/Shultz Construction Inc. to build a senior center on the northeast corner of Juniper and Ceres avenues in the downtown area. The two story, 43,000 square foot facility is expected to be completed […]
Sunrise Senior Living recently sold a 1.6 acre tract of land in the Oak Lawn Neighborhood of Dallas, Texas to Belmont Village Senior Living. Belmont Senior Living, based in Houston, Texas and a subsidiary of GE Capital, purchased the property in January and is in the design phase of the project and expects to break […]
Part of the recent news and commentary about Barack Obama’s relationship with real estate financier Tony Resko has to do with a senior housing apartment complex down on the south side of Chicago. Part of the controversy surrounding the Obama / Resko affair has to do with letters of support that Obama wrote in support […]
Affordable housing in California continues to be a hot topic, especially when it comes to senior housing for low income seniors. A 75 unit apartment complex called the Sahara Senior Villas is nearing completion in Hemet, California. This project will be the area’s first affordable, low-income housing for seniors in the area with rents ranging […]
The former Discovery Water Park in Barstow, Arizona is about to get a major make over when it turns from a water park with slides and wave pools into a 1,400 unit gated community for seniors over 50. Some of the kiddie slides and the lazy river will be kept for resident’s use. Plans are […]
As Seniors get older, one of the most prevalent social groups that are important as part of a community is the church and religious affiliations that are part of senior’s lives. A white paper was recently released that describes how many churches are doing to prepare for the wave of seniors that are retiring and […]
One of the major questions that many seniors have is should they pay off their mortgage with savings or with proceeds from some of their retirement accounts. The answer to that question is highly dependent on their needs, goals and retirement balances. Some financial planners recommend funding future mortgage payments by purchasing an annuity. This […]