Senior Resource Group LLC reports that less than six months after it opened its doors in December, the firm's newest development, The Village at Sherman Oaks, has reached full occupancy of its 196 independent living and 39 assisted living apartments. The $35 million project was more than 90% leased on opening day.

San Diego-based Senior Resource's two under-construction projects, La Vida Real in San Diego and Maravilla in Santa Barbara, are pre-leasing apartments at a rate even faster than that, exceeding the levels achieved by any properties in the company's 15 year history.

Scheduled to be completed by next summer, La Vida Real is expected to be fully occupied on opening day. Maravilla, which is expected to be completed in fall 2003, began marketing with more than 1,200 people on the waiting list for its 363 units. In less than 60 days of pre-marketing, Senior Resource has pre-leased more than 60% of its apartments and cottages.