Revel Rancharrah, a Refined Senior Community in Reno, Now Pre-Leasing

Revel Rancharrah, a Refined Senior Community in Reno, Now Pre-Leasing

Revel Rancharrah, a Refined Senior Community in Reno, Now Pre-Leasing

Scottsdale, Arizona and Reno, NV (May 31st, 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 Rancharrah. Located within Reno’s prestigious Rancharrah master-planned community, Revel offers exclusive wellness services and amenities set within the unique landscapes and lifestyles of the former estate of casino magnate, Bill Harrah. The community is currently accepting resident deposits and will open in late Spring 2019.

“This is an excellent time for residents to hand select their perfect apartment,” said Mark Schulz, Executive Director, Revel Rancharrah. “Revel will change the way people think about their lifestyle after 55, opening doors for new, refined experiences, while keeping the familiar accessible.”

The four-story property offers 146 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 state-of-the-art fitness center, heated indoor saltwater pool, and celebrity chef-driven dining options from renowned Southwest restauranteur, Beau MacMillan. Set amongst the unique and exclusive background of the Rancharrah master-planned community, life at Revel is augmented by access to a gated community rich in history and characterized by sprawling landscapes. Residents have unlimited access to the famed Rancharrah mansion, miles of walking and horseback riding trails, and resort-style shops and restaurants.

Revel Rancharrah 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 Reno is going to make a big difference in the community.”

The Rancharrah master-planned community began as the private estate of casino magnate Bill Harrah in 1957. Acquired in 2016 by Reno Land Inc., the sprawling 141-acre property has become an oasis in the desert, and one of the most highly-esteemed communities in Reno.

“Revel Rancharrah offers older adults additional exclusivity in an already unique and rare setting. People want a lifestyle that is focused on all areas of wellness, but they want it to meet their unique needs,” said Schulz. “At Revel, we’re offering that lifestyle in a truly exclusive setting.”

The Revel pre-leasing office is located in the Whole Foods shopping center at 6015 S. Virginia St. #F, Reno, NV 89502 (Del Monte Plaza). “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,” said Schulz.

More information about Revel Rancharrah is available at RevelRancharrah.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.