Senior Communities

Building affordable housing on church properties and faith based campuses

Posted on March 13, 2021. Filed under: Accessory Dwelling Units, ADUs, Building, Construction, Making Life Easier, OC Charities, Real Estate Stories, Senior Communities | Tags: , , , , |

Today we’re bringing you notes on a feel good panel we recently attended offering unique properties for affordable housing – churches! There were over 100 attendees on the zoom webinar from various faiths, geographic areas, and careers. It was neat to see the path of convergence among so many diverse and brilliant minds. Thank you to our friends over at YIMBY for putting this together ❤

Our Affordable Housing Panelists were:

Jill Shook, Making Housing Happen
Jill assists churches in exploring housing in site. She’s also an author.

Sarah Walker and Alexa Washburn, National Community Renaissance
National Community Renaissance is a non-profit affordable housing developer.

Honorable Rusty Bailey, former mayor of Riverside
Mr Bailey is now the director of Path of Life, a nonprofit with programs for housing, outreach, employment and more. 

Bishop John Taylor 3rd, Episcopal Diocese of Los Angeles
A faith based community of 147 congregations, 40 schools, and 18 major institutions.

Elizabeth Hansburg, YIMBY
Thank you to Elizabeth & YIMBY for bringing this panel together. YIMBY advocates for affordable housing in California.

———

Bishop John Taylor 3rd led with some thoughts of ‘why’ from the perspective of the church. He said “We follow a savior who cares for the least among us. Helping with housing is literally showing love to our neighbor.” Furthermore, from a Christian standpoint, he mentioned one should note plenty of examples in the Bible where Jesus or the disciples expressed gratitude to someone who put them up for the night, or served them a meal.

One of the core values of most churches is to care about their congregation and the community, basically to be a salt and a light to everyone, regardless of their belief system. Obviously some churches have really missed the mark on this, which has caused attendance decline, and possibly some unused space(s) on the property. Churches who have stayed in touch with the daily needs of congregations know that there can be many temporary housing needs to fill. This can include members who are experiencing job loss, abuse, or catastrophe in their lives. 

One way churches can help serve these needs is by offering affordable housing. It helps further a shared mission, helps the community, creates a legacy, and builds bonds for that organization to become a trusted staple in the neighborhood. Heck, if you’re a church in LA…just sharing your parking is a huge blessing :). But to promote Fair and affordable housing – now that’s a big stride toward The Great Commandment.

Here’s a helpful video YIMBY made for the city of Carlsbad, CA that explains why all cities need to plan for affordable housing. One can easily see how churches and city governments can build a bridge to Affordable Housing together by repurposing unused or under utilized space:

Nice concept repurposing church land. But what does it REALLY look like, and what’s the timeline?!

Southern California has a great example in Riverside with Mayor Rusty Bailey – and his ‘Love Your Neighbor Initiative’. Here’s a timeline screenshot that Mr. Bailey discussed for the City of Riverside, CA.

Interested? According to the experts, just 1/2 acre can work. Close to transit is helpful, but not required. Would you like an example to take to your town? We love those, and the city of Riverside in the spirit of ‘teaching a man to fish’ has shared a template for faith-based affordable housing with all of us. Check it out!

National Community Renaissance’s Sarah Walker has been working on an affordable senior housing project called Orchard View Gardens in Buena Park. Sarah also mentioned a development in Santa Ana, and has been bringing various affordable housing projects to fruition in OC. Here’s a site plan Sarah shared of Orchard View Gardens. As you can see the space offers multiple uses for both seniors and the community:

Getting your church started with affordable housing

It is possible to add income to various faith based properties and help with needs in your city – you can get started by contacting any of the experts on the panel, and your city planner. They need you to get the ball rolling. 

We get it…you’re thinking this all sounds really cool… but how can someone reading this blog post who isn’t involved in building, zoning, or church leadership help?? Glad you asked!

5 Ways YOU can promote affordable housing in your community:  

  1. Join YIMBY www.peopleforhousing.org & donate.
  2. Advocate for the city you live in to put in plans to change zoning. 
  3. Particularly, encourage cities to do an ‘overlay zone’ for church properties to allow anyone who wants to develop this overlay zoning ability. This includes adaptive reuse.  
  4. Order & read Jill’s book: Making Housing Happen, 2nd Edition: Faith-Based Affordable Housing Models
  5. SHARE this post with a decision maker at a church, or on your social media. Let’s spread more good word.

Want more info? You can watch the full replay here: https://youtu.be/GntTXqYXcfQ?t=22

Have other ideas for affordable housing or how churches can help incorporate extra land to serve the community? Comment below!

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Charming Homes in Palm Beach Park, San Clemente

Posted on February 26, 2016. Filed under: OC Property Profiles, Orange County Real Estate, Senior Communities | Tags: , , , , , , , , |

55+ Oasis with Private Beach

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Palm Beach Park Private Beach

Droves of seniors are settling in the seaside community of Palm Beach Park in San Clemente, CA – a manufactured home development with it’s own tranquil beach oasis. This quiet retirement community is the perfect place to slow down, unwind, and just be one with the sunsets and ocean. Residents are just across the street from an exclusive private beach that is almost 2 acres, and the best part is they don’t have to pay 2 million dollars to get whitewater views and a walk to the sand.

There are currently 10+ models to choose from, varying in size and price from 100-500K. Truly, there is a home for every senior in this San Clemente treasure. Some coaches are fully upgraded, and others you can add your own personal touches to make it your own beach oasis!

Unparalleled Senior Living

Palm Beach View 1

View of the Clubhouse and pool

Luxurious amenities at the clubhouse include a full kitchen and bar, a library, and a game room with shuffle board. Also offered is RV parking, a car wash on site, and the salt water pool that is heated all year round. On the privately owned beach you can enjoy the volleyball court, picnic tables, BBQ area, and the bonfire pits! Palm Beach Park is true retirement living with wonderful neighbors, amazing whitewater ocean views, and breathtaking sunsets!

“Walking down to the private beach and the different social events at the clubhouse are some of my favorite memories here at the park” JoAnn Cota, a homeowner, recently told us. “We love coming down from Buellton to visit the beach.” Another resident, Tom Mallett, states “The shimmering sunsets over Catalina Island are a true delight”.

The AskAngie Team has two listings, 407 and 401 Ebb Tide Drive currently available for showings. Another listing on Bay will be hitting the market soon.

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Sparkling Ocean View from 407 Ebb Tide

Stop by and check out what Palm Beach Park has to offer on Sunday, March 6th from 12-3PM. Multiple homes will have open houses – you can tour many homes in one day and find the right fit for you!

Please join us on Sunday, March 6 from 12-3PM if you have any questions or would like a personal tour feel free to call us on our toll free number at 877-230-3211 or email us at Angie@AskAngie.com.We look forward to seeing you by the ocean!!

Photo credit: Antis Orange County Photography

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Experienced Developer Seeking Investors for Immediate Opportunity

Posted on October 9, 2015. Filed under: Informed Investor Alliance, Orange County Real Estate, Senior Communities | Tags: , , , , , |

Investment Property Opportunities in CA

Orlando Lutheran Towers, located in Orlando FL is just one of many projects completed by this developer.

Attention Investors:

We’re working with an experienced developer of over 30 years on multiple projects. He’s originally from the east coast, and is expanding his successful ideas west. He’s seeking investors here, and asked us to reach out to our sphere! You can meet him in person to ask questions & find our more details on Oct 20th, 2015, 1-2pm at our office in Corona del Mar.

If you’d like to partner on investment property, read on for specifics.. maybe this equity partner opportunity is for you.

Each Project will require approximately $500,000 investor funds to launch. Don’t worry, you don’t have to plunk ALL that down, a group of 10 investors paying $50K each is also fine.

Preliminary Equity Partner Participation:

  • Separate LLC’s will be formed to procure entitlements;
  • This entitlement process will be undertaken by our developer who has completed over 20 similar projects. Expected turnaround is 3 – 9 months depending on local circumstances and planning requirements. Note: We have independent specialist contractors lined up to perform these services and obtain final approvals.
  • Equity Partners will receive an Annual Return of 18 % secured by a promissory note.
  • Equity Partners will be repaid in full at construction loan take-down
  • Final Project Equity Entitlements (Equity Kicker) will be 5%

Development Details:

  1. Types of Projects which we are developing are:
    • senior independent living
    • senior assisted living
    • memory care and congregate housing; each project managed by experienced successful licensed care provider to run the operations. See Items 8-10.
  2. Locations: Central to Southern California; we have pre-selected two locations: San Clemente and Mission Hills (Palm Dessert); with a potential #3 is in Santa Barbara.
  3. Project size:  150- 300 revenue Units
  4. Costs to build and furnish (excluding land) 25-30  million;
    When turn-keyed and 70% occupied value multiplier is estimated to be 1.2 : For example: when our project million completed and occupied  at 30,000,000 = 30m X 1.2 yields project value of $ 36 m to be purchased by REIT/ or other cash buyers within 1 year or less. (Some projects may be held longer if investors choose)
  5. Three Money Sources will underwrite these loan guarantee programs after equity partnerships are formed.
  6. Project’s ROI: 20- 25 % annually
  7. All projects are Green (electricity, materials, smart utilities)  and create up to 30% Investment tax credits and sheltered ongoing income which a portion will be available to the equity investors.
  8. Each project’s care operations will be contracted to a premier California Licensed Care Provider  (LCP)
  9. Our private company, Banyan Care Group Inc (as the 20% GP with our 80% Limited Partners) will develop & provide the AAA facility for the LCP to run.
  10. The LCP contractually will provide resident management & services, controlled operating costs, and guaranteed revenues.

Invest in assisted living communities CA

St Marks Village, an assisted living community in Florida was also a project of this developer.

Want to RSVP for our investor information session on Tues, Oct 20th at 1pm? Call or text Angie Weeks at (949) 338-7408 to secure your spot, or fill out the form below:

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Adult 55+ Communities – New Horizon’s Property in Torrance

Posted on March 5, 2012. Filed under: Making Life Easier, Senior Communities | Tags: , |

Know any seniors in Los Angeles who are looking to find good adult 55+ communities? Today we’re featuring our listing on 22919 Nadine Circle B in New Horizon‘s – its conveniently located right off Sepulveda and Maple in the city of Torrance.  New Horizon was built in 1963, and the community is perfect for the senior lifestyle!

New Horizon’s 55+ Community

Residents of New Horizons are friendly and upbeat seniors – just take a stroll around the grounds and see lots of smiling faces and inviting landscapes!  Neighbors take such pride in their homes – carefully upgrading the landscaping and patios outside of their condos with cheerful flowers and plants.

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If you didn’t see enough green on the grounds, you’ll surely find plenty on the 3 par golf course ajoining the neighborhood.  Residents can relax by golfing right there in the community.  The course is challenging but fun, and the best part is its barely ever crowded.

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Homeowners in New Horizon’s also get to enjoy a lovely clubhouse with lots of amenities.  Join the other residents for a game of cards, checkers, or a dip in the pool.  There is also a ballroom and billiard room – plenty of activities to keep busy!

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If you’re interested in the lifestyle New Horizon’s adult 55+ community offers, or our listing at 22919 Nadine Circle B – just give us a call – 877-230-3211.  We’d be happy to take you on a tour of all the active listings and amenities!

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