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MorningStar Senior Living of Pasadena Grand Re-Opening after Major Renovation; Memory Care Now Offered

Home - In the News - MorningStar Senior Living of Pasadena Grand Re-Opening after Major Renovation; Memory Care Now Offered

MorningStar Senior Living of Pasadena Grand Re-Opening after Major Renovation; Memory Care Now Offered

PASADENA, CA (March 18, 2023) — MorningStar Senior Living celebrates the grand re-opening of its 144-unit Pasadena community at 951 South Fair Oaks Avenue. Soon after assuming management in December 2020, MorningStar, a Denver-based senior living owner and operator, began a complete renovation of the four-story community.

Says Ken Jaeger, MorningStar Founder/CEO. “The extensive renovation of MorningStar Senior Living of Pasadena recognizes the desire for retirees to remain in the neighborhoods they love but with options for contemporary living. This redesign reflects our substantial experience in taking senior living innovation to the next level while continuing to meet the pressing need for memory care.”

The design approach by Aneka Interiors was that of a warm and welcoming environment full of rich texture. Inspired by the landscape of Pasadena Valley, Aneka employed an updated palette of warm neutrals with pops of greens and blues that nod to the breezy California lifestyle. To revitalize while staying true to its heritage, the senior community now features warm wood tones, natural stone countertops and black metal finishes to mimic the intricate ironwork found in the surrounding neighborhoods.

Throughout the renovation, MorningStar focused on elevating resident living by creating activities and destinations on each level. On the first floor is a Bistro adorned with decorative tile reminiscent of the Spanish/Colonial hand-painted tiles known in the area. This “fast casual” dining venue is the perfect place to enjoy breakfast, an aperitif or companionship.

The second floor now features secure Memory Care to support those with Alzheimer’s and other forms of dementia. Characterized by soothing blues and joyful greens, this new lifestyle neighborhood has multiple living and activity rooms for optimal resident engagement with a private terrace.

Being near to the Pasadena Playhouse and famous Hollywood Hills, MorningStar of Pasadena offers its own variety of entertainment in a reimagined Theatre. Here you’ll find vintage Hollywood posters and high-end furnishings sure to make this one of the most popular destinations in the community.

Outside the Theatre is the Art and Garden Room in deep terra cotta, giving residents space to showcase their creativity while enjoying the outdoor deck. Other designated spaces include salon, club room with terrace, music room, multiple libraries, luxurious lobby, enlarged dining room with private dining room, and fitness/therapy center. From its Sky Terraces are views of South Pasadena and the San Gabriel Mountains.

Says Kevin Taliaferro, Executive Director, “What dramatic proof of our passion to serve Pasadena’s seniors. We welcome you into these refreshed and modernized spaces as you experience the warmth of the MorningStar culture.”

Located just off Old Pasadena’s main street, MorningStar residents benefit from a vibrant array of shopping, dining and entertainment. Known for its eclectic mix of architectural styles, Old Town has taken the lead in historic preservation and is committed to celebrating the rich patina of its charming city.

MorningStar is planning an expansion building next door to the existing community which will offer additional independent living, opening early 2025.

About MorningStar Senior Living

An integrated developer, owner and operator of premier retirement communities, MorningStar’s portfolio encompasses over 40 properties under operation or development representing 5,000+ units under management or in development in twelve states in the Midwest and Western United States. Offering independent living, assisted living and memory care, MorningStar is privileged to elevate life for those who taught the rest of us how to live. For more information, visit MorningStarSeniorLiving.com.

Media Contact
Lorna Lee

VP, Marketing & Communications

MorningStar Senior Living
llee@mstarliving.com
Mobile: 720.505.9930

By MorningStar | March 18, 2023 | Press Releases

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  • Move Made Easy

COMPANION LIVING

MorningStar offers Companion Living in all of our communities, where two unrelated people of the same sex share a suite, whether in independent living, assisted living or memory care.

Not only does this living arrangement enhance life by its camaraderie, it also extends savings.

REVERSE MORTGAGE

When one partner needs assisted living, and the other partner chooses to remain living in a private home, a reverse mortgage may be a good solution to help pay for increased expenses. Without affecting Medicare or Social Security benefits, reverse mortgages allow a homeowner to stay in the home and withdraw from the equity that the couple has built. Mortgage holders get tax-free cash flow as a loan against that equity, a loan that doesn’t need to be repaid until the house is sold or the owner moves out or dies.

Be sure to vet lenders and their terms thoroughly before making any decision. If you would like to be connected to a trusted, licensed reverse mortgage partner, call 888.228.4500.

SELLING THE HOME

The equity built up in a private home is typically a retiree’s largest asset, making the proceeds from selling extremely helpful when transitioning to a senior community. However, selling a home in a timely manner can be challenging and time-consuming. This is especially true when adult children are not living near to assist.

Many families find it helpful to work with a Real Estate Professional experienced with all aspects of selling a senior’s home. From packing and cleaning to listing and selling, ElderLife’s agents are ready to assist with the entire process to simplify a senior transition. To be connected with a local agent, call 888.228.4500.

SOCIAL SECURITY

Approach Social Security (SS) benefits tactically. Historically, it was wise to take SS benefits early and invest them. Today, that’s not necessarily so. Maximized benefits may best be found through delayed retirement credits. Depending on your birth year, benefits increase by 3-8% annually. If you wait until age 70 to collect, that monthly check could increase by 25% or more. And a surviving spouse receives the entirety of that benefit upon the worker’s death, making delayed retirement credits even more valuable. Study the new rules to choose your best course.
Click here for original source info.

MEDICARE

Think of Medicare as health insurance for those 65 years and older, regardless of income. While Medicare never pays for assisted living, it is designed to help fund certain postacute expenses in the first 100 days, namely hospitalization and rehab, as long as the person’s health is improving.
Once you’ve plateaued, Medicare stops paying.

Benefits may be available for home health care, but only if certain conditions are met. Medicare Part A covers hospice (palliative care) for the actively dying, regardless of income, including in a senior living community. Click here for original source info.

In contrast, Medicaid is a federal government program that subsidizes the medical expenses (including certain health services and nursing home care) for low income people of all ages. MorningStar does not accept Medicaid. Click here for more information.

LEVERAGE LIFE INSURANCE POLICIES

Whole life and universal life policies build a reserve of cash through interest-earning excess premiums (known as the policy’s “cash value”). In some situations, life insurance can be a source of ready funds through cash surrender, death benefit loans, accelerating death benefits, life (or viatical) settlements, or even selling the policy on the open market for immediate cash.

Before acting on any of these methods, consult a financial advisor, as there may be tax consequences. Life Care Funding can also help you determine whether a policy can be converted. Click Here

TAX BENEFITS

The IRS allows certain deductions on a federal tax return for the cost of housing and meals of those receiving long-term care in a senior community due to chronic illness or the inability to live alone.

Assisted living residents may qualify for these deductions if a physician certifies that they have been unable to perform at least two activities of daily living (such as eating, bathing or dressing) without assistance for at least 90 days. The same deductions can apply to those who require substantial supervision due to memory impairment.

An adult child paying for a parent’s care may also qualify for the tax deductions, if the child can claim the parent as a dependent. Consult a tax advisor for further information or visit the Internal Revenue Service (IRS) Click Here.

LONG-TERM CARE INSURANCE

Long-term care insurance helps pay for senior care and protect personal assets by covering expenses up to the amounts set forth in the policy. LTC insurance pays for a variety of services in senior communities, and can offer care options that may not be covered through the federal subsidies of Medicare and Medicaid (see below section).

LTC policies can be complex and it may be difficult to understand and activate your policy. If you have questions about your Long-term Care policy, call 888.228.4500 to be connected with an expert for a free policy review.

BRIDGE LOANS

It’s not uncommon for families to be short on funds when transitioning a loved one into a senior community. The ElderLife Bridge Loan allows you to pay for rent and care in the short term while waiting for other funds to come in. Common financial shortfalls include the time that it takes to list and sell a home, or the waiting period before receiving VA Benefits.

The Bridge Loan is designed like a line of credit, bridging the financial shortfall for up to 12 months. The loan is unsecured (no collateral needed) and approved quickly with no penalty for early payoff and affordable interest payments as low as $8 per $1000 borrowed.

To learn more about the ElderLife Bridge Loan, call 888.228.4500 or Click Here.

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