Biz News: Retirement community celebrates first year

Vivante on the Coast, a luxury retirement community in Costa Mesa’s Westside, recently celebrated its first anniversary.

The award-winning 185-unit complex at 1640 Monrovia Ave. opened in October 2013 and is now home to more than 160 residents, according to a news release. The 7-acre campus houses people ages 62 and older and includes a “memory care” wing for people with Alzheimer’s disease and other forms of dementia.

“When we imagined the type of community we wanted to create, it included a lively atmosphere, fantastic food and entertainment and, most importantly, happy residents in a welcoming place for families and grandkids to visit,” Cory Alder, president of Nexus Development, Vivante’s developer, said in a statement. “We’ve achieved all of this and more in our very first year.”

The community had its anniversary party Oct. 23. Its amenities include daily iPad classes, art shows and a garden used by the in-house culinary team.

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Saywitz expands property management group

Newport Beach-based Saywitz Co. has hired a new leasing manager for its property management group.

Spencer Chambers comes to Saywitz from Royale Vacation Rentals, where he was a leasing and sales manager. The Irvine resident has more than five years of sales and management experience, according to a news release.

“The addition of Spencer will allow our property management group to continue to expand and provide a higher level of customer service to our clients and prospects as we continue to grow our portfolio of real estate holdings going forward,” company President Barry Saywitz said in the release.

The company, one of the largest privately held commercial real estate brokerage firms in Southern California, manages more than 50 apartment buildings and other multifamily properties. It has been in business for more than 40 years, according to the release, and also has an office in San Diego.