As Baby Boomers look to downsize, they want to be assured they can keep many of the amenities they enjoy. Right now, there are two trends benefiting seniors looking to downsize and move into a luxury senior community.
One of the benefits is that the Arizona real estate market is sizzling. The second is that moving into a senior living community like LivGenerations allows seniors to live out the life they have always dreamed of.
Development partners Liv Communities and Rockefeller Group recently held a ribbon-cutting celebration of their fourth collaborative multi-family community in the Valley in the past nine years.
Local dignitaries and project team members were on hand for the ceremony held at Liv Crossroads, 445 E. Germann Road in Gilbert, according to a release.
Occupancy of the first buildings took place in April and the community is 70% leased. Final completion of the community is expected in February 2022.
Across the nation, the housing market has seen huge upticks, according to statistics from the U.S. Census Bureau, and in Arizona, many sellers are getting their asking price or more. Even anecdotally, it is a situation that some local real estate experts have not seen in more than three decades. The seller’s market is making it a great time to sell. And many recent retirees are taking this opportunity to fund the lifestyle of their dreams.
TEMPE, ARIZONA (February 10, 2020) ‒ Liv Communities, a leader in multi-family and senior living development and property management, has been recognized in Arizona and Michigan for its high Online Reputation Assessment (ORA) scores for 2019.
Liv Communities ranked No. 3 nationally in the Division IV category (2,000 to 9,999 units) with an ORA of 84.92. The average ORA of all companies in that category was 61.66.
Reflecting on the past is something everyone can relate to as their life evolves and this sculpture speaks to the years of childhood. The Journeys of the Imagination has been a recurring focal point at each LivGenerations community lobby.