Columbus, Ohio, May 20, 2021 / PRNewswire / – A new investment relationship has been concluded between Welltower® Inc. (NYSE: WELL) and Treplus Communities, Columbus, OhioDeveloper of an active rental community for adults over 55 years of age, upscale and innovative. This relationship extends the range of first-class Treplus products to Welltower’s senior living portfolio.
The Treplus Communities brand provides an important rental lifestyle option for the growing segment of active adults over 55 in the unprecedented low-inventory real estate market. The brand’s active adult community includes spacious designer-finished one-story apartments, an attached garage, and private entrance to ensure the comfort, safety, and freedom of residents and their guests. I’m going. Active adults are knowledgeable and socially engaged consumers who understand the benefits of renting over buying.
“We are excited to be working with Welltower, a leading provider of healthcare real estate, to give Welltower an understanding of what baby boomers are looking to cut down on their options. The partnership between Treplus Communities and Welltower offers first-class amenities. This will strengthen our ability to create a luxurious community to live in and promote an active, social and maintenance free lifestyle for this rapidly growing population. ” Jane Arthur Rosslovich, Managing partner of Treplus. Roslovich and her partner, Arthur Cook And Jeffrey ArthurBrings strong vision, leadership and extensive management experience to this new relationship.
Treplus Communities develops, maintains and manages a portfolio of active adult communities that are compliant with the growing Midwestern Housing Act for the Elderly (“HOPA”). By complying with the HOPA, municipalities aged 55 and over no longer have to provide elderly care services.
Treplus is a desirable community of 90 to 150 units from 1,200 to 1,600 square feet, “redefining life over 55” for active adults with award-winning designs. Each community is built as a suburban infill with built-in universal design principles for accessibility, including wider corridors, task lights, raised power outlets, step-free showers, and apartment occupancy. All communities offer first-class amenities and a maintenance-free life that offers the baby boomer generation the opportunity to age comfortably and locally in a different environment.
An active adult community wants to live in a highly engaged, active, and meaningful, resident-led social engagement opportunity by downsizing the choice tenant and addressing “empty nest syndrome”. This appeals to a wide variety of viewers from couples and singles. Treplus is the hub of community life and offers a rich social experience at the Commons, a resort-quality clubhouse with a well-equipped gym, Wi-Fi cafe, business center, billiards, liquor lockers and a catering kitchen. Do.
Three Treplus communities have currently been established Central Ohio In addition Ohio Planned location in 2021 and expansion to other states in the Midwest. The growth is accelerated by the Well Tower relationship, which provides the momentum necessary for the material to be deployed.
Via the Treplus community
Treplus Communities is a leading residential development company focused on the needs of active adults 55 and older. Bringing the principles of universal design together, our beautiful community offers designer-finished, condo-grade luxury single-story apartments with a garage and private entrance. We offer a convenience-rich, maintenance-free community that enables local residents to age and enjoy a carefree lifestyle with great social engagement opportunities.
over Well tower
Welltower Inc, an S&P 500 company headquartered in Toledo, Ohio. (NYSE: WELL) is driving healthcare infrastructure transformation. We are a leading operator of senior housing to expand our innovative model of care product delivery and fund the real estate infrastructure needed to improve people’s health and the overall health experience. We invest in post-acute providers and medical systems. Well Tower™, Real Estate Investment Trusts (REITs) are interested in real estate focused in key high-growth markets in the US, Canada and the UK consisting of senior housing, post-acute community facilities and outpatient care facilities. I am. For more information, please visit the following URL: http://welltower.com/ ..
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Source Arthur Partners LLC dbaTreplus Community
Welltower® Inc. and the Treplus community signed a new investment relationship in Ohio
Source link Welltower® Inc. and the Treplus community signed a new investment relationship in Ohio