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Retirement Housing

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REAL ESTATE
December 8, 1985
A letter (Nov. 17) lamented that no one is planning for elderly singles; particularly those on limited income, mostly from Social Security. During the past 20 years, my firm has designed thousands of units of retirement housing. Some of these board-and-care facilities welcome elderly people on SSI, with the state paying about $526 per month. These projects are in good locations throughout Southern California. For elderly people not qualifying for SSI aid, rates for a private room average about $1,000 per month.
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NATIONAL
January 16, 2014 | By Richard Simon
WASHINGTON - Rep. Howard "Buck" McKeon (R-Santa Clarita), a onetime western wear haberdasher who rose to become chairman of the powerful House Armed Services Committee, is announcing Thursday that he will retire after more than two decades in Congress. His departure at the close of the current term will further diminish California's clout on Capitol Hill, at least in the short term, and set the stage for a competitive race to choose his successor. The 75-year-old McKeon has chaired the Armed Services Committee since 2011, taking a leading role in fighting spending cuts to the Pentagon, but must give up the gavel after this year because of GOP term limits for its committee leaders.
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REAL ESTATE
May 29, 1988
Completion is scheduled in the fall of 1990, for the $75-million Morningside of Fullerton life-care retirement community at Bastanchury Road and Brea Boulevard in Fullerton. Developed by CoreCare, Fullerton, the project was designed by Inslee, Senefeld & Puchlik, Pasadena, and is being built by McCarthy/Pacific, Newport Beach.
CALIFORNIA | LOCAL
November 10, 1999
Marcia Currier Pitman, retired owner of the Mound Guest House, died Monday in Ojai. She was 94. She was born July 8, 1905, in Mapleton, Maine. In 1913, she moved with her parents and 11 brothers and sisters to Fillmore. She grew up and attended school there. She bought a home in 1957 originally to take care of her elderly mother. Soon, there were other residents she cared for at the house.
REAL ESTATE
October 25, 1987
Leisure Technology, a developer of retirement housing, has purchased a 161-acre site on the northeast corner of Broadway and Rincon Road in Escondido. The purchase price was $9.4 million.
REAL ESTATE
February 2, 1986
Construction has begun on Villa del Rey, an $8-million, 148-room retirement housing facility in Hemet. The M. D. Janes Co. is building the project on the south side of Johnston Avenue between State and Gilbert streets. Completion is scheduled for the fall. Wedgwood Retirement Inns Inc. of Vancouver, Wash.
BUSINESS
March 13, 1989 | JUBE SHIVER Jr., Times Staff Writer
The need for adequate housing for the elderly is increasing in Asia, where the senior citizen population is exploding and families aren't as willing or as able as before to care for their aging relatives. But the market is difficult to crack, say U.S. nursing and retirement home operators and other experts. "The Asian population is aging more rapidly that any population on earth . . . and there is certainly excess demand for nursing and retirement homes," said Linda G.
BUSINESS
April 27, 1991 | JUBE SHIVER Jr., TIMES STAFF WRITER
The nation's housing slump claimed another victim from the troubled real estate industry Friday when Los Angeles-based retirement home builder Leisure Technology and seven of its subsidiaries filed for protection under Chapter 11 of U.S. bankruptcy laws. Leisure, one of the nation's largest developers of retirement communities with estimated annual revenue of $183 million, was the second major home builder to seek protection in federal bankruptcy court this month.
NEWS
January 18, 1998 | From Associated Press
U.S. Rep. Louis Stokes, who rose from poverty to become the state's first black representative and went on to head the congressional panel that investigated the assassination of President Kennedy, announced Saturday he will retire at the end of the year. "It is probably the most difficult decision I have had to make in the last 30 years," Stokes told a room packed with supporters.
CALIFORNIA | LOCAL
October 11, 1996
Annie Garcia of Ventura, a retired housekeeper for the Ventura TownHouse, died Wednesday in a Santa Paula care facility after a lengthy illness. She was 91. Garcia was born March 27, 1905, in Jolon, Calif. Her family moved to Ventura in the 1920s, where Garcia had lived since. She worked 20 years as a housekeeper at the Ventura TownHouse. She married Tony Garcia in 1930. He died in 1968.
NEWS
January 18, 1998 | From Associated Press
U.S. Rep. Louis Stokes, who rose from poverty to become the state's first black representative and went on to head the congressional panel that investigated the assassination of President Kennedy, announced Saturday he will retire at the end of the year. "It is probably the most difficult decision I have had to make in the last 30 years," Stokes told a room packed with supporters.
BUSINESS
August 13, 1997 | SCOTT BURNS, Scott Burns writes for the Dallas Morning News. He can be reached at scott@scottburns.com, or at his Web page at http://www.scottburns.com
We may see a new American migration. That's what will happen when homeowners grasp the implications of the new up-to-$500,000 federal tax break for capital gains on residential real estate.
CALIFORNIA | LOCAL
October 11, 1996
Annie Garcia of Ventura, a retired housekeeper for the Ventura TownHouse, died Wednesday in a Santa Paula care facility after a lengthy illness. She was 91. Garcia was born March 27, 1905, in Jolon, Calif. Her family moved to Ventura in the 1920s, where Garcia had lived since. She worked 20 years as a housekeeper at the Ventura TownHouse. She married Tony Garcia in 1930. He died in 1968.
CALIFORNIA | LOCAL
March 31, 1996 | EFRAIN HERNANDEZ JR., TIMES STAFF WRITER
Ken Scherer, his shoes slightly soiled from the strawberry field he aims to replace some day with homes for retired show-business workers, was feeling good about his likely place in Hollywood history. The film producer, television marketing veteran and experienced fund-raiser may eventually be remembered best for improving health services for the entertainment industry and helping seniors find a place to live.
NEWS
April 10, 1995 | STEPHEN BARR and SPENCER RICH, THE WASHINGTON POST
The White House plans to streamline the Social Security Administration by changing the way future retirees receive their checks and apply for benefits, and may pressure states to improve the processing of disability claims, Clinton Administration officials said Sunday. The changes are scheduled to be announced Wednesday as part of the Administration's "reinventing government" initiative.
BUSINESS
April 27, 1991 | JUBE SHIVER Jr., TIMES STAFF WRITER
The nation's housing slump claimed another victim from the troubled real estate industry Friday when Los Angeles-based retirement home builder Leisure Technology and seven of its subsidiaries filed for protection under Chapter 11 of U.S. bankruptcy laws. Leisure, one of the nation's largest developers of retirement communities with estimated annual revenue of $183 million, was the second major home builder to seek protection in federal bankruptcy court this month.
CALIFORNIA | LOCAL
November 10, 1999
Marcia Currier Pitman, retired owner of the Mound Guest House, died Monday in Ojai. She was 94. She was born July 8, 1905, in Mapleton, Maine. In 1913, she moved with her parents and 11 brothers and sisters to Fillmore. She grew up and attended school there. She bought a home in 1957 originally to take care of her elderly mother. Soon, there were other residents she cared for at the house.
BUSINESS
March 13, 1989 | JUBE SHIVER Jr., Times Staff Writer
The need for adequate housing for the elderly is increasing in Asia, where the senior citizen population is exploding and families aren't as willing or as able as before to care for their aging relatives. But the market is difficult to crack, say U.S. nursing and retirement home operators and other experts. "The Asian population is aging more rapidly that any population on earth . . . and there is certainly excess demand for nursing and retirement homes," said Linda G.
REAL ESTATE
May 29, 1988
Completion is scheduled in the fall of 1990, for the $75-million Morningside of Fullerton life-care retirement community at Bastanchury Road and Brea Boulevard in Fullerton. Developed by CoreCare, Fullerton, the project was designed by Inslee, Senefeld & Puchlik, Pasadena, and is being built by McCarthy/Pacific, Newport Beach.
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