Younger Buyers Jumping Into Retirement Real Estate

Charlie Rocque knows a great real estate deal when he sees one—at one of the largest retirement communities in the nation, Century Village in Boca Raton, Fla.

“I bought an apartment that not long ago was valued at around $75,000 and I picked it up for $20,000,” Rocque said. “The value comes in surroundings, it comes with the club house, it comes with the peace of mind that I have some place I know that if I need to go there I can go there.”

Video: http://www.cnbc.com/id/100588217

Second phase of seniors home gets green light

The second phase of construction for a local seniors care facility got the green light to go ahead from St. Albert city council on Monday afternoon.

Councillors voted unanimously to issue a development permit and allow the construction of the second phase of the Rosedale assisted living complex at 20 Hebert Rd., contingent on a number of conditions.

Read more:  http://tinyurl.com/ao7raon  

Redesignated approved for Bingham Crossing

RockyViewCounty(RVC) is one step closer to the development of retail/commercial/business offices and a seniors’ complex near Callaway Park on Hwy. 1.

The Bingham Crossing land-use redesignation was approved following a marathon public hearing that ran Oct. 30 and resumed Nov. 1 at the RVC office.

An onslaught of people spoke at the 30-plus hour hearing, the  majority of whom were area residents opposed to the development. In the end, it passed with amendments.

Read more: http://tinyurl.com/b77l2r2  

Seniors get first detailed look at new lodge

FORT SASKATCHEWAN – City residents got a closer look at the building that is to replace Dr. Turner Lodge and were given some clues as to what they might find inside during an update given by the Fort Foundation.

“One of the things we keep getting asked is when will it be built,” said Ken Fearnly, the project manager for the development.

“The design work is about 60 per cent done, we expect to put to tender sometime in January with construction to begin in March or April and we expect to be open in the fall of 2014.”

Read more: http://tinyurl.com/cm5ccpl  

Designated and independent supportive living for seniors planned

By July 2013, Peace River is set to have a new two-storey Points West Living supportive living facility through a partnership with Alberta Health Services.

Points West Living is an Alberta based company that already has supportive living facilities inGrande Prairie, Lloydminister and Cold Lake. The company was at town council last Monday (Sept. 24) to explain the project.

Read more: http://tinyurl.com/8ke2k8d