News

AWARDS

2020

NAHB BEST OF 55+ HOUSING AWARDS

2020 FINALIST – Best Independent Living Community
•  Revel Eagle

2020 FINALIST – Best Market-Rate Rental Community on the Boards
•  Revel Palm Desert

2019

NAHB BEST IN AMERICAN LIVING AWARDS

2019 AWARD WINNER – Best Multifamily Development up to 3 Stories
•  The Arbory
•  Anthology

2019 AWARD WINNER – Best 55+ Multifamily Development
•  Revel Spokane

NAHB MULTIFAMILY PILLARS OF THE INDUSTRY AWARDS

2019 FINALIST – Best Garden Apartment Community (4 stories or less)
•  The Well
•  The Arbory
•  Anthology

2019 FINALIST – Best 55+ Multifamily Development
•  Revel Spokane

SAGE AWARDS

2019 SAGE HONORS – Best 55+ Market Rate Rental Community “On the Boards”
•  Revel Palm Desert

MULTIFAMILY EXECUTIVE AWARDS

2019 GRAND WINNER – Best Senior, Market-Rate
•  Province Springs

GOLD NUGGET AWARDS

2019 GRAND WINNER– Best Service Enriched Senior Community
•  Revel Nevada

2019 AWARD OF MERIT – Best Multifamily Housing Community (60-100 du/acre category)
•  The Arbory

2019 AWARD OF MERIT – Best Senior Housing Community – On the Boards
•  Revel Palm Desert

2019 AWARD OF MERIT – Best Service Enriched Senior Community
•  Revel Lacey
•  Province Springs

NAIOP SOUTHERN NEVADA SPOTLIGHT AWARDS

2019 MERIT AWARD – Mixed Use Development
•  Fremont9

NAHB BEST OF 55+ HOUSING AWARDS

2019 GOLD AWARD – Best Independent Living Community
•  Province Springs

2019 SILVER AWARD – Best Independent Living Community
•  Revel Nevada

2019 SILVER AWARD – Best Lifestyle Program
•  Province Springs

2018

THE OLYMPIAN BEST OF SOUTH SOUND

2018 WINNER – Best Retirement Home/Community
•  Revel Lacey

MAYOR’S URBAN DESIGN AWARDS

2018 WINNER – Buildings & Environment
•  Fremont9

NAHB BEST IN AMERICAN LIVING AWARDS

2018 GOLD AWARD – Best Multifamily Development (4-7 Stories)
•  G12

NAHB MULTIFAMILY PILLARS OF THE INDUSTRY AWARDS

2018 WINNER – Best Mid-Rise Apartment Community
•  G12

2018 FINALIST – Best 55+ Multifamily Development
•  Revel Nevada

SENIOR HOUSING NEWS ARCHITECTURE AWARDS

2018 NOMINEES – Best Independent Living
•  Revel Nevada
•  Revel Lacey
•  Province Springs

AIA SEATTLE HONOR AWARDS

2018 HONORABLE MENTION
•  8th & Republican

GOLD NUGGET AWARDS

2018 AWARD OF MERIT – Best Multifamily Housing Community (15-30 du/acre category)
•  Annadel

MULTIFAMILY EXECUTIVE AWARDS (MFE)

2018 BEST MARKETING & ADVERTISING
•  OLiVE DTLA

2017

NAHB PILLARS OF THE INDUSTRY AWARDS

2017 WINNER – Best Mixed-Use Community
•  Pike Motorworks

2017 WINNER – Best Overall Marketing Campaign
•  OLiVE DTLA

2017 FINALIST –  Best Garden Apartment Community  (4 Stories or Less)
•  Gunbarrel Center

NAHB BEST IN AMERICAN LIVING MULTIFAMILY AWARDS (BALA)

2017  SILVER AWARD – Best Development for Rent (Up to 4 Stories)
•  Gunbarrel Center

MULTIFAMILY EXECUTIVE AWARDS (MFE)

2017 BEST GARDEN-STYLE WALK-UP – (1-4 Stories)
•  Gunbarrel Center

GOLD NUGGET AWARDS

2017 AWARD OF MERIT – Mixed Use Project
•  Venn at Main

2017 AWARD OF MERIT – Best Multifamily Housing Community (18-30 du/acre)
•  Gunbarrel Center

ACG BUILD WASHINGTON AWARDS

2017 CONSTRUCTION EXCELLENCE AWARD – Private Building $50M-$100M
•  Venn at Main

2016

BEST IN AMERICAN LIVING – PROFESSIONAL BUILDER

2016 PLATINUM AWARD – Best Rental Development up to Four Stories
•  Capitol Yards

AMERICAN SOCIETY OF INTERIOR DESIGNERS (ASID)

2016 DESIGN EXCELLENCE AWARD WINNERS
•  Capitol Yards
•  Katella Grand

WASHINGTON AMERICAN SOCIETY OF LANDSCAPE ARCHITECTS PROFESSIONAL AWARDS

2016 HONOR AWARD – Residential Design Multi-Family
•  8th & Republican

NAIOP WASHINGTON – NIGHT OF THE STARS

2016 WINNER – Mixed Use Development of the Year
•  Pike Motorworks

2016 FINALIST – Mixed Use Development of the Year
•  8th & Republican

2016 FINALIST – Multifamily Development of the Year
•  Venn at Main

GOLD NUGGET AWARDS

2016 AWARD OF MERIT HONOREE – Best Multifamily Housing Community
•  4730 California

NORTH BAY BUSINESS JOURNAL

TOP REAL ESTATE PROJECTS – Multifamily, Sonoma County
•  Annadel

2014

NAIOP WASHINGTON – NIGHT OF THE STARS

2014 WINNER – Mid-Rise Multifamily Development of the Year
•  Sunset Electric

Province Springs Senior Community Emphasizes Six Pillars of Wellness

2019 MFE Awards, Senior, Market-Rate, Grand: Province Springs

In an attempt to redefine the concept of market-rate senior living, Scottsdale, Ariz.–based developer The Wolff Co. developed its Province Springs upscale senior community with an emphasis on the six pillars of wellness—physical, intellectual, social, emotional, spiritual, and occupational—in order to promote independent and successful aging.

The four-story, garden-style community is situated within the First & Main Town Center, a 1.4 million-square-foot shopping center just 8 miles from downtown Colorado Springs, Colo., and features 162 units priced from $2,995 to $4,975.

With Pikes Peak to the east side of the property, Portland, Ore.–based LRS Architects designed the building with an arched roof that was meant to subtly reflect the adjacent picturesque landscape. The main spine of the building was oriented north-south on the long, 700-foot site, and short apartment wings were arranged in a pinwheel formation. This layout maximizes the number of units with mountain views and natural light, and minimizes walking distances to the common areas.

The community targets the modern active adult 55 and older with a full suite of wellness amenities, including a fitness center with an indoor pool, an art studio, a theater, a full-service salon, and a tranquil spa. Ovation, an American restaurant with two-story ceilings in the heart of the building, and The Social Club, a pub with its own second-level deck, provide flexible dining options for the residents. Plus, a partnership with renowned American chef and Food Network star Beau MacMillan delivers seasonal menu offerings.

Ample outdoor amenities allow residents to enjoy sunny days outside. The grounds include a putting green, walking paths, a patio with a fire pit, outdoor cooking, community gardening, and additional gathering spaces.

Unit selections range from 504-square-foot studios to 1,284-square-foot two-bedroom plans, with differing bed and bath options. Inside, the apartment spaces boast contemporary open floor plans, 9-foot ceilings with large window openings, gourmet kitchens, walk-in closets, and private decks or patios. Full-sized washers and dryers and stainless steel appliances are also included.

Several green measures were incorporated into the units as well. Water-sourced heat pumps with centralized high-efficiency boilers, low-flow plumbing fixtures, and LED lighting were used throughout, in addition to the overall building’s energy-efficient envelope and drip irrigation system.

Besides the physical building features, the property aims to enhance the lives of its inhabitants with its own innovative lifestyle platform called Lumin Living. The program offers individually tailored activities and unique experiences for the community’s residents. From conquering goals and learning something new to showcasing their talents, Lumin Living keeps residents connected, engaged, and curious.

Original article

Revel Nevada Named Grand Winner of Prestigious 2019 Gold Nugget Award

Wolff Company wins BIG at nation’s largest real estate industry show with three senior living communities honored

Scottsdale, AZ and Henderson, NV (June 19, 2019) – The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—announced Revel Nevada, a refined senior community located at 1525 Wigwam Pkwy, Henderson, NV 89074, was named 2019 Gold Nugget Grand Winner for Best Service Enriched Senior Community. Also named Award of Merit winners were Revel Lacey for Best Service Enriched Senior Community; Province Springs for Best Service Enriched Community; and Revel Palm Desert for Best Senior Housing Community on the Boards.

The Gold Nugget Awards, considered the Academy Awards of the building industry, is the highlight of PCBC®, the nation’s largest regional conference and trade show for the real estate development field. The Gold Nugget Awards honors architectural design and planning excellence, drawing entries from throughout the United States and internationally.

“Being named the Grand Winner of the most prestigious award in our industry is a testament to the unique and discriminating senior lifestyle experience we have created for Revel Nevada residents,” said Niki Leondakis, President at The Wolff Resident Experience Company. “We’re incredibly honored on behalf of Revel Nevada, and equally so for the additional three properties that won Award of Merit. We’re pleased our industry recognizes the passion and quality we put behind our communities, elevating Wolff to award-winning status.”

Now in its 56th year, The Gold Nugget Awards is the largest and most prestigious competition of its kind in the nation. It honors mixed-use development such as Revel Nevada, design and planning achievements in community and home design, green-built housing, site planning, commercial, retail and specialty housing categories. Winners this year were chosen from over 600 entries from around the world.

“The Gold Nugget Award winners reflect our industry’s best, brightest and most innovative architects, planners and builder/develops. We applaud them all,” said Judging Chairman and Gold Nugget ceremonies administrator, Lisa Parrish.

Revel Nevada opened to residents in April 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, and chef-driven dining experiences in a modern-American restaurant and pub created by celebrity chef Beau MacMillan.

Wolff offers two refined senior communities to choose from in greater Las Vegas. Recently opened Revel Vegas, located in the Spring Valley area, joins award-winning Revel Nevada in keeping residents connected and engaged with their neighbors, their communities, and themselves.

About The Wolff Company
The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. For more than six decades, Wolff has invested in, acquired and developed high-quality, amenities-based multifamily properties including refined senior living communities. There are currently nine Revel communities leasing and another 11 under development. Open communities include Revel Nevada, NV; Province Springs, CO; Revel Lacey, WA; Revel Eagle, ID; Revel Spokane, WA; and Revel Vegas, NV. 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.

Revel Nevada Resident and Ex- Air Force Veteran wins Silver in National Senior Games

The Wolff Company celebrates the achievement of senior living community resident

Scottsdale, AZ, and Henderson, NV (June 19, 2019) – The Wolff Company, a Scottsdale-based private equity firm and multifamily developer, is celebrating Ron Williams, an 85-year-old resident at Revel Nevada who recently won a silver medal in the National Senior Games in Albuquerque, NM. Williams won silver in the racquetball competition, following his gold medal win at the 2018 Nevada Senior Games to qualify.

The National Senior Games is a biennial competition for men and women 50 and over, featuring 20 different sports, such as racquetball, softball, swimming and tennis. It remains the largest multi-event sports competition in the world for seniors. This year’s event runs June 14-25, 2019.

Williams has been playing racquetball for over 40 years, competing out of his love for the game.

“I enjoy racquetball and I enjoy competition,” said Williams. “Going to the Nationals is really no big thing. I do it for myself, not to impress anyone.”

To train for the event, Williams exercised five times per week, participating in activities such as running, weightlifting, tai chi and swimming. He trains at the Revel Nevada fitness center and plays racquetball with a group of players at various locations throughout Henderson.

“Ron is an inspiration to the rest of our residents,” said Luis Pineda, Executive Director at Revel Nevada. “He embodies the essence of what we aim for in a Revel resident. Ron is constantly working to meet his goals and maintains an active lifestyle to do so.”

Williams has been a high achiever most of his life. Before moving to Revel Nevada, he spent 22 years in the Air Force, setting 8 world altitude and time-to-climb world records with U-2C planes in the late 1980s. Williams has even been to the National Senior Games for racquetball once before. He competed in the 2013 National Senior Games in Cleveland, Ohio.

Ahead of the tournament, Williams said that he would keep training for the next tournament if he didn’t win. Look forward to seeing Williams compete in the next National Senior Games in 2021.

About The Wolff Company
The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. For more than six decades, Wolff has invested in, acquired and developed high-quality, amenities-based multifamily properties including refined senior living communities. There are currently nine Revel communities leasing and another 11 under development. Open communities include Revel Nevada, NV; Province Springs, CO; Revel Lacey, WA; Revel Eagle, ID; Revel Spokane, WA; and Revel Vegas, NV. 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.

Eagle to Celebrate Grand Opening of Revel Eagle, a Refined Senior Community

The Wolff Company marks milestone opening community celebration, June 13th

Scottsdale, AZ and Eagle, ID (May 29, 2018) – The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Revel Eagle – a new, refined senior community at 745 E. Riverside Dr. Eagle, ID 83616, located alongside the Boise River. The community will celebrate its grand opening on June 13 from 4 – 7pm with festivities to include an official ribbon cutting, tours and a food tasting with Food Network star, Chef Beau MacMillan. Members of the media and the greater community are invited to join the festivities as well.

“The opening of Revel Eagle marks a shift in the way people think about independent living,” said Chuck Faylor, Executive Director at Revel Eagle. “Our goal is to improve the lives of our residents by keeping them connected and engaged, from the food they eat, to the activities they enjoy and the people they meet. We are proud to lead the way in refined senior living with the official unveiling of this community.

Revel Eagle offers 146 studio, one- and two-bedroom independent living residences and best-in-class amenities. The highly anticipated community welcomed its first residents in April 2019 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, and chef-driven dining experiences in a modern-American restaurant and pub created by celebrity chef Beau MacMillan.

“Revel Eagle opened at an ideal time as the need and desire for flexible lifestyles focused on all areas of wellness is growing. People want a lock-and-leave home that gives them the freedom to live life on their terms,” said Faylor.

The Wolff Company currently is developing numerous senior living communities throughout the US with plans to broaden its portfolio even further by investing $300-$400 million annually in the development of additional market-leading communities.

About The Wolff Company

The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. 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.

Spokane to Celebrate Grand Opening of Revel Spokane, a Refined Senior Community

The Wolff Company marks milestone opening community celebration, June 12th

Scottsdale, AZ and Spokane Valley, WA (May 29, 2018) – The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Revel Spokane – a new, refined senior community at 16807 East Mission Parkway, Spokane Valley, WA 99216, located alongside the Spokane River. The community will celebrate its grand opening on June 12, 2019 from 4pm – 7pm with festivities to include an official ribbon cutting, tours and a food tasting with Food Network star, Chef Beau MacMillan. Members of the media and the greater community are invited to join the festivities as well.  

“The opening of Revel Spokane marks a shift in the way that people think about independent living,” said Ann Byers, Executive Director at Revel Spokane. “Our goal is to improve the lives of our residents by keeping them connected and engaged, from the food they eat, to the activities they enjoy and the people they meet. We are proud to lead the way in refined senior living with the official unveiling of this community.

Revel Spokane offers 132 studio, one- and two-bedroom independent living residences and best-in-class amenities. The highly anticipated community welcomed its first residents in March 2019 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, and chef-driven dining experiences in a modern-American restaurant and pub created by celebrity chef Beau MacMillan.

“Revel Spokane opened at an ideal time as the need and desire for flexible lifestyles focused on all areas of wellness is growing. People want a lock-and-leave home that gives them the freedom to live life on their terms,” said Byers.

The Wolff Company currently is developing numerous senior living communities throughout the US with plans to broaden its portfolio even further by investing $300-$400 million annually in the development of additional market-leading communities.

 

About The Wolff Company
The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. 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.

The Wolff Company Launches Senior Resident Experience Company

Firm will continue partnership with Clearwater Living and seek to co-locate future developments

Scottsdale, Arizona (January 29, 2019) – The Wolff Company, a Scottsdale-based developer, announced plans to launch a Senior Living Resident Experience Company. This spring, the new company, yet to be named, will assume management for all of The Wolff Company’s independent living Communities. First and foremost, the new company will be focused on ensuring a smooth transition, with the long-term goal of creating and delivering Communities that help Residents live longer, happier lives.
“When we set out to enter the senior living space, we wanted to build physical environments and onsite experiences that redefine the meaning of independent living,” said Tim Wolff, Executive Vice President at The Wolff Company. “We’re excited about the opportunity to transform the Resident Experience through innovation, creativity and a focus on providing opportunities for our Residents to be connected, engaged and curious.”

The new company will be a Resident Experience Company, not a traditional property management company. The Wolff Company believes they can be most impactful to each Community by focusing on the Resident Experience at every touchpoint. As an owner/operator, they will have full access and flexibility to focus on the overall success of their Communities.

The new company has already attracted several of the hospitality and independent living industries’ top talent. Leading the team is Niki Leondakis, a veteran of the hospitality and lifestyle industries where she has built award winning company cultures and brands. She spent more than 20 years with Kimpton Hotels and Restaurants, including as the company’s President and Chief Operating Officer and has been a CEO for Equinox Fitness Clubs, Two Roads Hospitality and Commune Hotels and Resorts. Cory Wolfenbarger will lead the company’s operations having most recently overseen The Wolff Company’s Senior Living Portfolio. He brings nearly 20 years of experience in the senior housing and service industries. Nicole Sinclair will lead talent and culture. She brings over 25-years’ experience as a leader across operations and talent in hospitality, including extensive experience with Starwood Hotels and Resorts and most recently as General Manager of Faena Hotel Miami Beach. “Our guiding force will be the joy our Residents experience through the emotional connections created between each other and our team members,” said Niki Leondakis, President of the new organization. “Their sense of belonging to our Communities combined with inspired environments and programming are all designed for our Residents to embrace their independence.”

Through the transition, The Wolff Company will maintain its partnership with its current property management company, Clearwater Living. Both companies will continue working together to develop new, state-of-the-art senior campuses with Clearwater’s Assisted Living and Memory Care communities completing the continuum of care.

“We are excited about our continued relationship with The Wolff Company as we share a mutual passion for operational excellence and dedication to creating environments that invigorate and inspire individuals to achieve their full potential,” said Tony Ferrero, CEO of Clearwater Living. The timing of this transition is well-aligned with both companies’ goals as Clearwater focuses on the growth of its own independent and assisted living communities, and The Wolff Company seeks to develop excellence and innovation in Resident Experience. “We are thankful that our relationship with The Wolff Company enabled Clearwater to build out our operations team,” said Danielle Morgan, President of Clearwater Living. “We’ve enjoyed building the culture and sense of community at Revel and Province properties alongside The Wolff Company and look forward to opportunities to partner in the future.”

The management philosophy of The Wolff Company’s new Resident Experience Company will be to provide a welcoming place that is worthy of being called home. Comprised of leading industry insiders and exceptional talent from world-class hospitality and consumer experience brands, the team will offer fresh perspective in creating Communities with innovative environments and programming that support Residents’ well-being, foster genuine connections and celebrate their independence. The resulting experience-driven approach will be tailored to the new generation of strivers, pioneers and adults who desire to live life on their own terms.

The Wolff Company will also continue its longstanding partnership with Sodexo to deliver quality of life to residents through innovative dining, wellness and hospitality services at all of their locations. Sodexo is a leading provider of integrated food, facilities management and other services that enhance organizational performance, contribute to local communities and improve quality of life for millions of customers throughout the world.

“We’re excited to build a Resident Experience Company alongside great partners like Sodexo that enable us to excel,” said Cory Wolfenbarger, of The Wolff Company’s Resident Experience Company. “By aligning ourselves with top talent, industry experts and the best partners in the business, we are primed to deliver on our promise of ‘Living Perfected.’”

Wolff currently has eight Communities actively leasing, with another ten on the horizon.

Revel Nevada | Henderson, NV | Open
Province Springs | Colorado Springs, CO | Open
Revel Lacey | Lacey, WA | Open
Revel Spokane | Spokane Valley, WA | Preleasing
Revel Vegas | Las Vegas, NV | Preleasing
Revel Rancharrah | Reno, NV | Preleasing
Revel Lodi | Lodi, CA | Preleasing
Revel Eagle | Eagle, ID | Preleasing
Revel Issaquah | Issaquah, WA | Under Construction
Revel Kirkland | Kirkland, WA | Under Construction
Revel Southbay | Del Amo, CA | Under Construction
Revel Amberglen | Hillsboro, OR | Under Construction
Revel Scottsdale | Scottsdale, AZ | Under Construction
Revel Damonte | Ranch Reno, NV | In Development
Revel Palm Desert | Palm Desert, CA | In Development
Revel Folsom | Folsom, CA | In Development
Revel Legacy | Scottsdale, AZ | In Development
Revel Windsor | Windsor, CA | In Development

About The Wolff Company

The Wolff Company is a private equity firm and developer headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. 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.

About Clearwater Living

Clearwater Living® is committed to providing the most superior customer service and living experiences that celebrates individual relevance, from our residents and their families to our family of associates. Recently certified as a “Great Place to Work”, 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.

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.

The Wolff Company Breaks Ground on New Senior Living Community in Scottsdale

Revel Scottsdale sets new benchmark for senior living amenities in Washington as demand for quality senior housing options continues to outpace market-wide development

Scottsdale, Arizona (November 26, 2018) – The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Scottsdale, a new independent living apartment community at 8225 E. Indian Bend Road in Scottsdale. Characterized by celebrity chef-driven dining options, personalized amenities and spectacular spaces, Revel Scottsdale is expected to open in late 2020 and will set a new standard of quality and service in the senior living sector.

In 2017, the CBRE Senior Housing & Care Market report indicated that nationwide there had been a 50% decrease in new senior housing projects since the peak in 2015. This is problematic for Scottsdale, which according to the U.S. Census Bureau is part of the fourth-fastest growing metropolitan area in the United States.

“Nationwide, and in places like Scottsdale, there is an underserved and growing market of renters aged 55+ looking for a convenient, upscale, lock-and-leave lifestyle,” said Danielle Morgan, President of Clearwater Living, management partner at Revel Scottsdale. “Revel Scottsdale will give prospective residents a higher quality senior living option where choices have previously been limited.”

Once completed, the property will offer 157 studio, one-, and two-bedroom independent living residences. Built in the vicinity of the future Paradise Valley Ritz Carlton and near to Talking Stick Resort, Salt River Fields, and the McCormick Ranch Golf Club, Revel Scottsdale offers easy access to some of Arizona’s most high-value amenities. Additionally, the community boasts amenities unique to the Revel group, including a full-service salon and spa, an outdoor swimming pool, and a fitness studio. The lifestyle at Revel Scottsdale is further enhanced by celebrity chef-driven dining experiences including multiple restaurants with innovative seasonal menus from acclaimed chef and Food Network star, Beau MacMillan.

“This community will fill a gap in the market and set a new benchmark for senior living rental communities,” said Morgan. “Revel Scottsdale will offer the resort-style amenities and experiences that make resort-style living something to look forward to and celebrate.”

Revel Scottsdale is the 15th senior living community that The Wolff Company has developed since 2016. In 2018, the company has continued to broaden its portfolio of market-leading communities with plans to invest $300-$400 million annually in the development of new independent and assisted living communities, in addition to the purchase and renovation of existing communities.

About The Wolff Company

The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. 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.

About Clearwater Living

Clearwater Living is committed to providing the most superior customer service and living experiences that celebrates 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.

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.

Henderson to Celebrate Grand Opening of Revel Nevada, a Refined Senior Community

The Wolff Company marks milestone opening in November 28th community celebration

Scottsdale, Arizona and Henderson, Nevada (November 21, 2018) – The Wolff Company—a Scottsdale-based private equity firm and multifamily developer—today announced the grand opening of Revel Nevada, a new, refined senior community located 1525 Wigwam Pkwy, Henderson, NV 89074, across from Cornerstone Park. The community will celebrate its grand opening on November 28th, 2018 from 4pm – 7pm with festivities to include an official ribbon cutting, tours and a menu tasting with Food Network star and acclaimed chef, Beau MacMillan.

“The opening of Revel Nevada marks a shift in the way that people think about independent living, and how they live their lives after 55,” said Danielle Morgan, President of Clearwater Living, management partner at Revel Nevada. “We are proud to lead the way in refined senior living with the official unveiling of this community during our grand opening festivities.

The Wolff Company is currently developing numerous senior living communities throughout the US with plans to broaden its portfolio by investing $300-$400 million annually in the development of additional market-leading communities

The 3-story Revel Nevada property offers 146 one- and two-bedroom independent living residences, and two guest suites. Focused on the six pillars of wellness, Revel Nevada aims to keep residents connected and engaged with their neighbors, their communities, and themselves. Highlights of the property and its unique amenities include a full-service salon and spa, state-of-the-art fitness center, movie theatre, and chef-driven dining experiences in a modern-American restaurant and pub created by Chef Beau MacMillan.

“We are thrilled to partner with The Wolff Company to bring refined senior living to Henderson and to celebrate the opening of this community together,” said Morgan. “Revel Nevada is all about improving the lives of residents by keeping them connected and engaged, from the food they eat to the activities they enjoy and the people they meet. Combining our strengths with The Wolff Company brings a fresh perspective to living well and that makes all the difference for residents.”

Revel Nevada, which opened to residents in April 2018, provides those 55+ with the options that make aging well a reality, and not just a dream.

“Revel Nevada opened at an ideal time as the need and desire for flexible lifestyles focused on all areas of wellness is growing. People want a lock-and-leave home that gives them the freedom to live life on their terms,” said Morgan. “The lifestyle choices offered by Revel Nevada are our way of making Henderson a great place to age.”

About The Wolff Company

The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. 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.

About Clearwater Living

Clearwater Living is committed to providing the most superior customer service and living experiences that celebrates 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.

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.

The Wolff Company Breaks Ground on New Senior Living Community in Folsom

Revel Folsom sets new benchmark for senior living amenities in California as demand for quality senior housing options continues to outpace market-wide development

Scottsdale, Arizona and Folsom, CA (November 13, 2018) – The Wolff Company—a Scottsdale-based private equity firm and senior living developer—has broken ground on Revel Folsom, a new independent living apartment community at 2075 Iron Point Road in Folsom. Characterized by celebrity chef-driven dining options, personalized amenities and spectacular spaces, Revel Folsom is expected to open in 2020 and will set a new standard of quality and service in the senior living sector.

In 2017, the CBRE Senior Housing & Care Market report indicated that nationwide there had been a 50% decrease in new senior housing projects since the peak in 2015. This is problematic for Folsom, where total housing vacancy rates for homes are below two-percent and total vacancy rates for rentals hover just above seven-percent.

“Nationwide, and in places like Folsom, there is an underserved and growing market of renters aged 55+ looking for a convenient, upscale, lock-and-leave lifestyle,” said. Mike Milhaupt, V.P. of Senior Development for The Wolff Company, “Revel Folsom will give prospective residents a higher quality senior living option where choices have previously been limited.”

Once completed, the property will offer 166 studio, one-, and two-bedroom independent living residences. The community boasts amenities unique to the Revel portfolio, including a full-service salon and spa, an indoor saltwater pool, and a fitness studio. The lifestyle at Revel Folsom is further enhanced by celebrity chef-driven dining experiences including multiple restaurants with innovative seasonal menus from acclaimed chef and Food Network star, Beau MacMillan.

“This community will fill a gap in the market and set a new benchmark for senior living rental communities,” said Milhaupt. “Revel Folsom will offer the resort-style amenities and experiences that make senior living something to look forward to and celebrate.”

Revel Folsom joins a portfolio of 21 senior living communities the Wolff Co. began developing in 2016. In 2018, the company has continued to broaden its portfolio of market-leading communities with plans to invest $300-$400 million annually in the development of new independent living communities, in addition to the purchase and renovation of existing communities.

About The Wolff Company

The Wolff Company is a private equity firm headquartered in Scottsdale, Arizona, with offices in Washington, Massachusetts, and California. 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.