We are currently assessing new opportunities for Renaissance Villages.
Continental East Development, Inc. (CED) is pleased to report that Renaissance Village Murrieta received an updated license from the Department of Social Services. This license allows non-ambulatory residents to reside on the third floor. For a person to be considered ambulatory, they must be able to walk without using an ambulatory assistive device such as canes, crutches, or walkers. This third-floor restriction greatly limited the community’s marketability and negatively impacted the census. Obtaining the new license took years of work and required approvals from Social Services and the fire department. Renaissance Village Murrieta is already seeing an increase in occupancy since obtaining the updated license at the beginning of June.
Assessing New Opportunities for Independent Living
CED is also studying the vacant 1.7-acre pad at Renaissance Village Murrieta. The pad was initially entitled to a skilled nursing facility. However, current research indicates the pad would be better utilized with a different offering. CED is evaluating the feasibility of constructing independent-living cottages. This style of living is highly sought after in the area and commands high rental rates with low vacancy. More information will be shared as it becomes available.