(Photo of Regency at Summerlin, located in Las Vegas — Photo courtesy of KTGY Architecture and Planning) Construction: Planned Expansion Planned at Sagewood Community, Phoenix Located in northeast Phoenix, Sagewood Life Plan Community is expanding to feature a high-end independent living neighborhood, called The Estates. The Estates will have 24 luxury villas available in either single […]
A new wave of baby boomers are moving into hip, urban neighborhoods predominantly inhabited by a much younger demographic, reports the Wall Street Journal (WSJ). Such hip, urbanized areas are experiencing a demographic shift, as a “growing chunk” of adults in their 50s and 60s—and even older—are giving up their longtime homes in place for trendy […]
Toll Brothers, Inc. (NYSE:TOL), a leading national builder of luxury homes, announced last Friday that it had contracted to acquire 387 lots at Anthem Ranch, an active adult community in the metro Denver, Colorado market. The lot acquisition represents Toll Brothers’ first expansion of its active adult brand to the Western U.S. since entering the […]