David Roberts, Chairman

Mr. Roberts, chairman of the company since 1999, has vast and varied experience as a creative real estate entrepreneur, including the ownership, management and development of residential, hospitality and commercial properties.

As one example of Mr. Roberts’ creativity and success, Mr. Roberts recognized a need for senior housing catering to ambulatory individuals and couples who required assistance in cooking, transportation and general care but who were otherwise fit and capable of taking care of themselves.  To accomplish that goal, Mr. Roberts converted an abandoned 14 story student dorm into a 264 room luxury retirement facility.  With nursing facilities offering a higher level of care than needed and at a cost few could afford, Westwood Horizons was opened in May, 1973, and continues to be owned and operated by Mr. Roberts. Westwood Horizons was an immediate success because it offered a desperately needed service in the heart of Westwood Village, one block from UCLA Medical Center and only minutes from Beverly Hills and other affluent areas of Los Angeles. 

In addition to Westwood Horizons, Mr. Roberts developed several health related centers such as The Pritikin Longevity Center in Santa Monica, California, The Oaks at Ojai and The Palms in Palm Springs. 

Mr. Roberts was born in New York, New York. He attended Los Angeles City College from 1948 to 1950 and Southwestern University School of Law from 1950 to 1954.  He served in the U.S. Navy from 1951 to 1953. 

BRIEF BUSINESS HISTORY

• Real Estate Developer - Hotels, retirement centers, commercial developments, apartment buildings, condominiums and single family tract homes.

• Chairman of the Board, Pritikin Longevity Centers

CURRENT AND PREVIOUS REAL ESTATE DEVELOPMENTS

• Westwood Horizons – Los Angeles (264 room senior living facility)

• HRB Systems – State College, PA (100,000 sq. ft. R&D). Office Building leased to Raytheon Corporation

• Pritikin Longevity Center – Santa Monica (Health and fitness center with 130 rooms for resident participation in health improvement programs)

• SunCrest Center – Los Angeles (Retail shopping center)

• Southwest Center – Meza, AZ (Retail shopping center)

• St. Mary’s Plaza – Tucson, AZ (Retail shopping center)

• Distribution Center – Fresno, CA

• U.S. Forestry Service Building – Clovis, CA (Leased to USDA)

• The Lofts at 601 Fourth Street and The Lofts at 355 Bryant Street (Condominium projects in San Francisco)

• 716 South Olive Street – Los Angeles, CA (Office Building)

• Ramada Inn - West Hollywood (177 Unit Ramada Inn and retail shopping center)

• May Company Building – Los Angeles, CA ( 1,000,000 square foot  retail store. Converted to street frontage retail and interior bazaar and retail trade center)

• Oaks at Ojai – Ojai, CA (Health and fitness resort)

• Palms at Palm Springs – Palm Springs, CA (Health and fitness resort)

• Bed Bath & Beyond – Olympic and Granville, Los Angeles (56,000 square foot industrial building leased to Bed & Bath)

• Sheraton International – O’Hare Airport, Chicago, IL (461 room hotel operated by a partnership under franchise from Sheraton)

• Sheraton Phoenix – Phoenix, AZ (530 room hotel operated by a partnership under franchise from Sheraton)

• El Rancho Motor Hotel – Barstow, CA

• Presidential Inn – Detroit, MI

• Motel Fresno – Fresno, CA

• Townhouse Fresno – Fresno, CA

• Caravan Inn – West Covina, CA

• Sheraton Pontiac – Pontiac, MI

• Single Detached Housing Tracts of approximately 400 units in four locations.

last updated July, 2005