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Plans for Revel Lodi, a New Senior Living Community

SCOTTSDALE, Ariz., October 30, 2017 – The Wolff Company today announced they broke ground on Revel Lodi, a new independent living apartment within the Reynolds Ranch master planned community in the heart of California’s wine country. The development is expected to open in mid-2018 and will promote a healthy lifestyle by offering best-in-class wellness services and community amenities.

The community will set a new standard of quality and service in the senior living sector. Built on the six pillars of wellness, the senior living community plans on keeping residents connected, engaged and curious. The six pillars are Physical, Social, Intellectual, Spiritual, Emotional and Occupational.

“There’s an underserved market of renters aged 55+ looking for a lock-and-leave lifestyle in Lodi,” said Mike Milhaupt, Vice President of Senior Housing for The Wolff Company. “Revel Lodi will fill a gap in the market and set a new benchmark for senior living rental communities.”

This project is the fourth senior living community Wolff has developed since 2016 and will continue to broaden their portfolio of market-leading communities nationwide. The Scottsdale-based private equity firm intends to invest $300-$400 million annually in the development of independent and assisted living communities, in addition to purchasing existing communities.

Once completed, the two four-story buildings will offer 134 apartments and 8 single-story cottages in a variety of studio, one- and two-bedroom floor plans designed for quality and style. Revel Lodi 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 and an indoor heated saltwater pool. Outstanding dining experiences will include multiple restaurants with innovative seasonal menus from acclaimed chef and Food Network star, Beau MacMillan.

More information about Revel Lodi can be found at revellodi.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.

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