NAHB Best in American Living Names Aiya Among Top Multifamily Communities

Scottsdale, AZ (Feb. 23, 2022) – The National Association of Home Builders Design Committee and the 2021 Best in American Living™ Awards judges announced today that Aiya, a 360-unit community developed by Scottsdale-based The Wolff Company, has won a 2021 Best in American Living Award. More than 140 single-family, multifamily, interior design, remodeling, and community projects were honored this month at the 2021 Best in American Living™ Awards (BALA) ceremony at the 2022 International Builders’ Show, hosted by NAHB in Orlando. Aiya was honored with a silver award for Multifamily Development up to 3 Stories and was recognized for its clean, contemporary aesthetic, expansive open areas and amenities, and its Neo-Traditional design that helps to formulate a sense of place and fit within the larger language of the community.

Inspired by the beauty of the Sonoran Desert and the elegant design of a resort spa, Aiya is a desert retreat in Gilbert, AZ that balances personal comforts with inviting social spaces. Small touches of natural elements and textures, like petrified wood and copper accents, highlight the impressive array of community amenities. Environmental impact mitigation was taken during the design and construction of the project. Shade trees are used throughout the property and are strategically placed to help reduce the need for cooling. Roofing materials with a high SRI value were utilized, along with low-water usage landscape and onsite water retention in both above- and below-ground tanks. Aiya’s clubhouse offers a game room, lounges, kitchen, and a fitness studio. Waterfall and fire features around the pool transform the outdoor space into a desert oasis.

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.

The Wolff Company Brings Shelters to Shutters’ Solution to Ending Situational Homelessness for Individuals and Families to Phoenix, AZ

VIENNA, Va. – February 17, 2022 – Shelters to Shutters (S2S), a national non-profit that transitions individuals and families from situational homelessness to economic self-sufficiency, today announced a donation from The Wolff Company to fund S2S’s expansion into the Phoenix Market. Based in Scottsdale, AZ, The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America.

“The Wolff Company is a respected and well-known leader of both sustainable businesses and giving back to the community.  We are thrilled to work alongside them to bring our proven program to the Phoenix area,” commented David Williams, President and CEO, Shelters to Shutters, “There are roughly 7,500 individuals experiencing homelessness in the Phoenix area. The Wolff Company’s investment will allow us to provide life changing opportunities to so many deserving individuals in need of a hand up.”

S2S partners with over 40 apartment management companies – such as The Wolff Company, AvalonBay Communities, Cortland Partners, and Gables Residential – to place people experiencing situational homelessness in on-site, entry-level jobs and provide them with housing at the same communities where they work. Each participant is provided with career mentoring and access to support services to ensure a successful long-term transition. S2S works with a number of homeless-focused non-profits to identify suitable job applicants, changing the lives of individuals and families, and providing quality, motivated employees for a rapidly growing industry in need of talent.

“We are honored to partner with and support an organization like Shelters to Shutters, which is so aligned with our own company’s mission and values,” said Jay Petkunas, CEO, The Wolff Company.  “We are proud that our investment will allow Shelters to Shutters to expand into Phoenix and improve the lives of so many in our local community.”

Eighty-three percent of those experiencing homelessness in the U.S. are situationally homeless due to a life-altering event such as job loss, medical or health emergency, divorce, domestic abuse, or the loss of a primary income earner. With the effects of the ongoing pandemic, the number of those in need of help continues to climb. The contribution from The Wolff Company will help further ensure Shelters to Shutters can serve more people who want to work and return to a life of self-sufficiency.

Shelters to Shutters currently operates in six major markets: Atlanta, Charlotte, Houston, Nashville, the National Capital Region, and Orlando. Phoenix will be the seventh market for Shelters to Shutters.

About Shelters to Shutters

Shelters to Shutters is a national 501(c)(3) organization that transitions individuals and families from homelessness to economic self-sufficiency by educating and engaging the real estate industry to provide employment and housing opportunities. Across the country, Shelters to Shutters pairs leading property management companies with individuals experiencing homelessness who are ready to work. The result is an innovative program that provides full-time employment and housing opportunities for individuals facing homelessness and a pipeline of high-quality, motivated employees for the multifamily housing industry. Shelters to Shutters currently operates in five major markets: Atlanta, Charlotte, Houston, Nashville, and the National Capital Region. More information can be found at www.shelterstoshutters.org or by following the organization on LinkedIn, Facebook, and Twitter.

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.

REVEL COMMUNITIES ANNOUNCES COMPLETION OF REVEL PALM DESERT, INTRODUCING NEW LEVEL OF MODERN LUXURY TO INDEPENDENT LIVING

First Southern California Revel Community Welcomes Residents to its Retro Ice Cream Parlor, 24-hour Concierge, Sophisticated Culinary Programming, Creative Studio, and Desert Modernist Design

PALM DESERT, Calif. (Jan. 18, 2022) – Revel Communities, a division of The Wolff Company representing a portfolio of dynamic independent living communities with best-in-class service and amenities, today announced the completion of its newest independent living community and its first in Southern California, Revel Palm Desert. The community began welcoming residents in January 2022 to its 163 apartments and cottages, located within minutes from local attractions, including The Shops at El Paseo and The Living Desert Zoo & Gardens.

“Palm Desert is historically seen as a retirement destination within the famed Coachella Valley, and we are bringing a fresh perspective to the market at Revel Palm Desert by curating a living experience that champions choice, personal freedom, curiosity and fun,” said Danette Opaczewski, Chief Operating Officer, Revel Communities. “The community design at Palm Desert is extraordinary, it makes you feel relevant and connected to living in the current moment, something our Revel residents, who are tech-savvy, who enjoy the ambiance of a modern luxury home and socializing within airy, community-centric spaces, truly can appreciate.”

Revel Palm Desert lies in the heart of the Coachella Valley, surrounded by stunning views of the San Jacinto Mountains and a variety of nearby golf courses for residents to enjoy, including adjacent Desert Willow golf course and Desert Springs Golf Club at the nearby J.W. Marriott Desert Springs Resort & Spa. Revel Palm Desert provides ample outdoor amenities, including an expansive pool, pickleball court, a game lawn, a dog park and more, allowing residents to connect with each other in engaging and organic ways. The community also offers an in-house spa and salon, where residents can unwind. Revel provides no shortage of fun for its active residents with unique amenities including an art studio for creative projects, a fitness and movement studio for yoga, strength training and cardio challenges, personalized classes via The Mirror, and engaging programming ranging from cooking competitions to cycling clubs, designed to cultivate and deepen a sense of community. Residents have 24-hour access to a concierge to coordinate activities, services and excursions, including short-term stays at other Revel communities through its unique travel program, Revel Seasonal Residences.

Revel is renowned for its modern and approachable indoor and outdoor dining experiences across its communities. Revel Palm Desert features multiple venues – a key differentiator in the market – including modern American cuisine at Ovation, its all-day restaurant, and the spirited pub, The Social Club, ideal for celebrations over brews, pizza and classic pub bites with a twist. The community also includes a first-of-its-kind vintage-inspired ice cream parlor “The Scoop,” where residents and their guests can enjoy their favorite gelatos, ice cream sundaes and other unique sweet treats.

Revel Palm Desert offers 143 apartment homes available in single-story studio, one- and two-bedroom spacious floor plans and 20 cottages, each a two-bedroom floor plan inclusive of their own private garages. These modern living spaces feature oversized windows, full gourmet kitchens, washers and dryers, custom walk-in closets and private patios. Each resident’s monthly agreement includes housekeeping and optional laundry services, transportation, utilities and dining points.

Revel Palm Desert partnered with award-wining interior design firm, Private Label International, to create beautiful living and common spaces that that are approachable and sophisticated, while paying homage to the Mid-Century Modern aesthetic that is known as Desert Modernism.

The Revel Palm Desert leasing office is located on-site at 74300 Country Club Drive Palm Desert, CA 92260, where future residents can meet the Revel team and learn more about reserving their home.

For more information on Revel Palm Desert, visit www.revelpalmdesert.com.

To explore Revel’s variety of residential destinations, visit www.revelcommunities.com.

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About Revel Communities

Revel Communities, a division of fully integrated investment firm The Wolff Company, is a portfolio of dynamic independent living communities with best-in-class amenities and services. Revel’s growing portfolio spans across the Western U.S., including Arizona, California, Colorado, Idaho, Nevada, Oregon and Washington. As part of The Wolff Company, who holds more than 70 years of real estate experience combined with deep expertise in hospitality, Revel creates communities that keep residents connected, engaged and curious through transformative experiences for residents and team members. Offering wellness-centered lifestyles and residences for lease, Revel communities aim to support residents’ life choices, focus on well-being, foster genuine connections and celebrate their independence. For more information, visit www.revelcommunities.com.

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across the North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience, while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship and continuous learning. For more information, visit www.awolff.com.

Media Contacts

Julia Yuryev | Alyssa Lawrence | Anna Hubbard

Murphy O’Brien

revel@murphyobrien.com

The Wolff Company Closes on its 9th Acquisition in Downtown Portland

Scottsdale, AZ (Dec. 31, 2021) – The Wolff Company, a Scottsdale-based integrated real estate investment firm, closed on the acquisition of Kado, their ninth multifamily community in the downtown Portland market. Focused on the mission-driven development and management of rental communities, Wolff owns a dynamic portfolio of multifamily communities nationwide and has continued to invest in emerging markets like Portland.

In addition to Kado, Wolff acquired eight other Class A, mid and highrise communities in downtown Portland in 2021 including two Broadstone communities in the Alphabet District, Sky3, a high-rise near Portland State University, and Revere, a popular community in the Mississippi District.

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.

Final Closing of Wolff Credit Partners III, L.P.

Scottsdale, AZ (Sept. 22, 2021) – The Wolff Company announced the final closing of its latest investment vehicle, Wolff Credit Partners III, L.P. (“WCP III”), the third fund in the Wolff Credit Partner series. WCP III, a $510 million, closed-ended, private equity fund will make preferred equity investments in multifamily development assets throughout the United States.

“We were very pleased to build on the success of Wolff’s two prior credit funds,” explained Jay Petkunas, CEO of The Wolff Company. “We expect WCP III to benefit from strong long-term structural supply/demand multifamily market dynamics as well as near-term COVID-driven dislocations.”

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.

Wolff Takes Home Numerous Gold Nugget Awards Recognizing Excellence in Development

Scottsdale, AZ (June 16, 2021) – The Wolff Company, a Scottsdale-based integrated real estate investment firm, has been recognized during the 2021 Gold Nugget awards for developing some of the country’s most coveted rental communities. Gold Nugget is the largest and most prestigious competition of its kind in the nation and even draws international entries. Winners this year were chosen from over 600 entries from around the world. Here are Wolff’s recent acknowledgments:

• 207 East | 2021 GOLD NUGGET AWARD OF MERIT – Best Multifamily Housing Community (15-30 du/acre)
• Union South Bay | 2021 GOLD NUGGET AWARD OF MERIT – Best Multifamily Housing Community (60-100 du/acre)
• The Postmark | 2021 GOLD NUGGET AWARD OF MERIT – Best Multifamily Housing Community (100 du/acre or more)
• Revel Issaquah | 2021 GOLD NUGGET AWARD OF MERIT – Best Service Enriched Senior Community
• Revel Lodi | 2021 GOLD NUGGET AWARD OF MERIT – Best Service Enriched Senior Community
• Revel Rancharrah | 2021 GOLD NUGGET AWARD OF MERIT – Best Service Enriched Senior Community

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.

Revel Eagle Receives Merit Award at the 2020 MFE Awards

Idaho Independent Living Community Promotes Healthy Lifestyle for Active Adults

Scottsdale, AZ (October 20, 2020) – The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—announced Revel Eagle, a vibrant independent living community located at 745 East Riverside Drive in Eagle, Idaho, 83616, was named Merit Winner in the Senior, Market Rate category of the 2020 MFE Awards. Each year, Multifamily Executive honors the industry’s best and brightest with its prestigious MFE Awards competition.

Danette Opaczewski, Executive Vice President, Resident Experience and Chief Operating Officer, Revel Communities shared that “We’re incredibly honored on behalf of Revel Eagle. We’re pleased our industry recognizes the passion and quality we put behind our communities, elevating Revel Communities to award-winning status.”

Developed by The Wolff Company and designed by Bernardo Wills Architects, the project’s design reflects the area’s natural beauty, and its amenities promote a healthy lifestyle. Revel Eagle opened to residents in 2018 and focuses on their holistic wellness through innovative lifestyle programs, flexible dining options and personalized service. Highlights of the community include a full-service salon and spa, state-of-the-art fitness center, movie theater, pickleball court and chef-driven dining experiences in a modern-American restaurant and a spirited pub.

About Revel Communities

Revel Communities, a division of fully integrated investment firm The Wolff Company, is a portfolio of vibrant independent living communities with best-in-class amenities and services. Revel’s growing portfolio spans across the Western U.S., including Arizona, California, Colorado, Idaho, Nevada, Oregon and Washington. As part of The Wolff Company, who holds more than 70 years of real estate experience combined with deep expertise in hospitality, Revel creates communities that keep residents connected, engaged and curious through transformative experiences for residents and team members. Offering wellness-centered lifestyles and residences for lease, Revel communities aim to support residents’ life choices, focus on well-being, foster genuine connections and celebrate their independence. For more information, visit www.revelcommunities.com.

Final Closing of Kandle I, L.P.

Scottsdale, AZ (Sept. 22, 2021) – Affiliates of The Wolff Company announced the final closing of Kandle I, L.P. (“Kandle”). Kandle is an approximately $1.4 billion, closed-ended investment partnership that will focus on technology-enhanced real estate investments across North America. Kandle’s investments will be sourced directly via The Wolff Company and via joint ventures with other strategic partners.

About The Wolff Company

The Wolff Company is an integrated real estate investment firm focused on the mission-driven development and management of rental communities across North America. Wolff combines a discretionary private equity platform with an integrated, in-house development team and a newly formed resident experience company. The Wolff Company focuses on improving the lives of its residents by fundamentally redefining the residential rental experience while delivering outsized investment returns. Since 1949, The Wolff Company has promoted a “people first” culture that encourages relentless innovation, steadfast execution, faithful stewardship, and continuous learning. For more information, visit www.awolff.com.

Revel Vegas, a Refined Senior Community in Las Vegas, Now Pre-Leasing

Revel Vegas, a Refined Senior Community in Las Vegas, Now Pre-Leasing

Scottsdale, Arizona and Las Vegas, NV (June 6, 2018) – The Wolff Company—a Scottsdale-based private equity firm and developer—today announced that pre-leasing has begun for its new refined senior community: Revel Vegas. Located just five minutes from the Siena Golf Course, Revel offers exclusive wellness services and amenities. The community is currently accepting resident deposits and will open in Winter 2018.

“This is a fantastic opportunity for residents to hand-select their perfect apartment home,” said Michael Fountain, Executive Director, Revel Vegas. “Revel will change the way people think about their lifestyle after 55, opening doors for new, refined experiences, while keeping the familiar accessible.”

The three-story property offers 132 studio, one-, and two-bedroom independent living apartment homes. Focused on building and maintaining a culture of wellness, Revel offers a lifestyle platform that keeps residents connected, engaged and curious. Highlights of the property include unique amenities like a full-service salon and spa, a theatre room, a state-of-the-art fitness center, and celebrity chef-driven dining options from renowned restauranteur, Beau MacMillan.

Revel Vegas will be managed by the senior living experts at Clearwater Living. “Revel is all about enhancing life through the six pillars of wellness, and providing lifestyles and experiences that help people to remain connected to their physical, social, intellectual, spiritual, emotional and occupational wellbeing,” said Danielle Morgan, President of Clearwater Living. “Partnering with The Wolff Company to bring this lifestyle to Las Vegas is going to make a big difference in the community.”

With a red rock mountain backdrop, Revel offers easy access to the I-215 corridor, leading to world-class restaurants, museums, and shopping experiences on the Las Vegas Strip, but feels far enough away to enjoy the view. “People want a lifestyle that is focused on all areas of wellness, but they want it to meet their unique needs,” said Fountain. “At Revel, we’re offering that lifestyle in a truly exclusive setting.”

The Revel Vegas pre-leasing office is located 10140 W Tropicana Ave., Suite 124 Las Vegas, NV 89147. Here, future residents can take a virtual tour of the community, preview finishes and features of the apartment homes, meet the Revel team and place a deposit on their new apartment.

More information about Revel Vegas is available at RevelVegas.com.

About The Wolff Company

The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington and Massachusetts. For more than six decades, Wolff has invested in, acquired and developed high-quality, amenities-based multifamily properties. For more information about The Wolff Company, visit awolff.com.

Any release contained herein should not be construed as a solicitation and no solicitation is hereby made or intended. This release may contain forward-looking statements that are based on management’s current expectations, estimates, forecasts and projections and are not guarantees of future performance. Actual results may differ materially from those expressed in these forward-looking statements, and you should not place undue reliance on any such statements. Forward looking statements can be identified by the use of words such as “believe,” “expect,” “plan,” “estimate,” “project,” “target,” “anticipate,” “intend,” “may”, “will,” “continue,” and other words of similar meaning in connection with a discussion of future operating or financial performance. A number of important factors could cause actual investment results to differ materially from the forward-looking statements that may be contained in this release. Forward-looking statements in this release speak only as of the date on which such statements were made, and management undertakes no obligation to update any such statement or statements that may become untrue because of subsequent events. We claim the safe harbor protection for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
About Clearwater Living
Clearwater Living is committed to providing the most superior customer service and living experiences that celebrate individual relevance, from our residents and their families to our family of associates. Clearwater is growing through strategic acquisitions, development and operational management of senior living communities throughout the western United States. Every Clearwater Living community includes cutting-edge technologies and care practices that improve the daily lives of residents. To learn more about Clearwater Living, visit ClearwaterLiving.com.