The Wolff Company Purchases Palm Desert Property for Senior Living Apartments
Scottsdale, Arizona and Palm Desert, CA (May 30, 2018) – The Wolff Company—a Scottsdale-based private equity firm and developer—has purchased property in Palm Desert, with plans to develop a refined senior community.
The Wolff Company recently acquired the site, which is centrally located in Palm Desert along the Country Club Drive corridor with several golf clubs nearby.
Recent market projections by Concord estimate an undersupply of 1,864 independent living units in the area.
Outside of this project, The Wolff Company is developing a number of additional senior living apartment communities in California and throughout the western United States. These properties include Revel Lodi, a 142-unit community in Lodi, CA and Revel Southbay, a 185-unit community in Torrance, CA.
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.
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