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Press RoomIn the NewsLos Angeles Times: N. Hollywood senior housing complex caters to artistic tenantsBy Roger Vincent. The $32-million NoHo Senior Arts Colony is intended for residents age 62 and over with interests in such pursuits as singing, acting, photography and writing. November 24, 2012 Previous generations tended to stay in their homes rather than rent apartments because their mortgages were paid off and they were comfortable in their longtime neighborhoods, said Richard Green, director of the USC Lusk Center for Real Estate. Boomers are more likely to have substantial mortgages and may have to sell their homes to afford retirement. |
