THE WOLFF COMPANY ANNOUNCES INNOVATIVE PLANS FOR NEW SPOKANE SENIOR LIVING COMMUNITY
Revel Spokane to Include Best-in-Class Quality Apartments and Amenities
SCOTTSDALE, Ariz., (December 14, 2017) – The Wolff Company is pleased to announce construction is under way on Revel Spokane, a new independent living apartment community in Spokane Valley, Washington. The development is expected to open in 2018 and will continue to broaden their portfolio of market-leading communities nationwide.
This project is the seventh senior living community developed by Wolff since 2016. The Scottsdale-based private equity firm intends to invest $300-$400 million annually in the development of independent living communities in addition to purchasing existing communities.
“Each of our communities will be a welcoming place of exceptional quality that supports well-being, fosters genuine connections and embraces independence,” said Mike Milhaupt, Vice President of Senior Housing for The Wolff Company. “At Revel Spokane, we have used our deep understanding of resident needs to deliver what matters most to them.”
Once completed, the impressive four-story property will offer 132 studio, one- and two-bedroom independent living residences designed for high quality and style. Revel Spokane will also feature best-in-class wellness services and strikingly sophisticated amenity spaces such as a fitness and yoga studio, a full-service salon, a relaxing spa, an arts studio, a theater and a resident garden. Outstanding dining experiences will include multiple restaurants with innovative seasonal menus from acclaimed chef and Food Network star, Beau MacMillan.
More information about Revel Spokane can be found at revelspokane.com.
About The Wolff Company
Wolff has invested in, acquired and developed high-quality multifamily assets for more than six decades. The Company is headquartered in Scottsdale, Arizona and maintains offices in Washington, Massachusetts and California. Contact us at 480.315.9595 or visit us online at www.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.