forpressrelease Mail to a Friend
forpressrelease Rate forpressrelease forpressrelease forpressrelease forpressrelease forpressrelease 

Deficit in Assisted Living Rooms Will be Addressed with the Development of Lake Havasu Senior Living project



2024-03-25 03:43:04 Events / Trade Shows

1040


Summerlin Desert is pleased to present Lake Havasu Independent Living, an exciting new Independent Living project in Lake Havasu City, AZ for seniors 55 and older. It is a resort destination very popular among the elderly and baby boomers. The project is led by Jimmy Stepanian, President & CEO of Summerlin Asset Management, LLC since 2008. Before SAM, Jimmy Stepanian was in the real estate debt industry in 2006.


The Senior Housing project blended the expertise of the two anchored businesses in Lake Havasu City, Summerlin Asset Management, and Desert Land Group to form an experienced development team with extensive experience in senior living.
Lake Havasu Independent Living is the first phase of a large planned unit development that includes Independent Living, Assisted and Memory Care, Health Care and Mixed Use development. Created for seniors who are of age 55 and over, it will offer a complete amenities for seniors that will include multi-purpose rooms, chef-prepared food, pool, a great view of the lake as well as other senior living amenities that will them relax and de-stress.


One of the primary reason why the project was established is that Lake Havasu City has approximately 16,000 persons that are 65 years and older representing 29% of the total population, more than twice as many persons older than 65 as the Arizona average.


Another great reason is that there are no other independent living options available which provide more than rooms with existing assisted living facilities that have a discounted rate if full care is not required other than the Lake Havasu Independent Living project.


There are roughly around 325-375 beds in total for assisted living (AL), memory care (MC) and skilled nursing within the Lake Havasu City Market area, but less than 200 are considered competitive to the proposed project.


The project, once finished, would add 79 independent living (IL) rooms, and 60 to 80 assisted living(AL) and memory care (MC) rooms. There will be a total of 159 rooms and roughly 190 beds in the two phases of the project development.


Lake Havasu Independent Living is centrally located in the southwest of Lake Havasu City, Arizona. Lake Havasu City is considered a prime winter and water recreational tourist spot with a user-driven economy. It is a prime target market for the age group of seniors as there has been a deficit of more than 400+ units as the demand for the elderly independent living (IL) rooms grow.

Company :-Summerlin Asset Management

User :- Jim Stepanian

Email :-summerlinam@gmail.com

Phone :-949-225-4414

Mobile:- -

Url :- http://www.jimstepanian.com/






Related Post

Advertisement

To ensure stability and reachability of your applications at all times, remote DDoS protection can keep your hosting services online

Sponsored News Release