Wolff Announces Plans To Develop Six Seniors Housing Communities in Western U.S.

SCOTTSDALE, ARIZ. — The Wolff Company, a private equity firm based in Scottsdale, has announced plans to begin development on six independent living communities in the first quarter of 2016.

The developments are expected to break ground over the next six months in Issaquah, Lacey and Spokane, Wash.; Henderson, Nev.; Oxnard, Calif.; and Colorado Springs, Colo.

Wolff intends to invest $300 million to $400 million annually in the development or acquisition of independent living and assisted living communities.