Senior Living Demand Brings Luxury Community to North Scottsdale

Acoya Scottsdale
Scottsdale, AZ
(
Nov 12, 2018
)

Ryan Companies US, Inc., Cadence Living and a controlled affiliate of Starwood Capital Group, a leading private global investor, announce Acoya Scottsdale at Troon, a best-in-class senior living community. Construction is underway on the 198,000 square foot senior living community in the Troon neighborhood. With views of Pinnacle Peak, Acoya will provide 135 independent and assisted living units on six acres in North Scottsdale.

“We are excited to partner with Ryan Companies and Cadence to bring a best-in-class senior living community to North Scottsdale,” said Nick Doering-Dorival, vice president, Starwood Capital. “North Scottsdale’s pristine weather and growing senior population teamed with the property’s unobstructed views and premier finishes will raise the standard for quality of living in the market.”

“We have created a partnership that has the capability to create something extremely unique in North Scottsdale,” said Rob Leinbach, principal, Cadence Living. “We believe Acoya will be the premier location for seniors; a state of the art quality senior living community, highly amenitized and something very special for North Scottsdale.”

Ryan A+E, Inc., designed the community’s exterior to complement the Santa Fe architecture of the surrounding area which consists of private country clubs and high-end resorts. “The combination of spectacular views, relevant amenities and beautiful finishes will make Acoya the premier senior living community in North Scottsdale,” said Tyler Wilson, vice president of real estate development, Ryan Companies.

Interior designer, Thoma-Holec Design, has been engaged to create contemporary finishes and quality details. Amenities will include an indoor PGA golf simulator, resort-style swimming pool, rooftop patio, fine dining, private dining, bistro and pub, a fitness center, hair salon, craft room, garden, exam rooms, underground parking, and valet parking.

Construction is expected to be complete in mid-2020 with a leasing office opening adjacent to the site in quarter two of 2019.

About Starwood Capital Group:

Starwood Capital Group is a private investment firm with a core focus on global real estate, energy infrastructure and oil & gas. The Firm and its affiliates maintain 12 offices in five countries around the world, and currently have approximately 4,000 employees. Since its inception in 1991, Starwood Capital Group has raised $45 billion of equity capital, and currently has in excess of $60 billion of assets under management. The Firm has invested in virtually every category of real estate on a global basis, opportunistically shifting asset classes, geographies and positions in the capital stack as it perceives risk/reward dynamics to be evolving. Over the past 27 years, Starwood Capital Group and its affiliates have successfully executed an investment strategy that involves building enterprises in both the private and public markets. Additional information can be found at starwoodcapital.com.

About Cadence Living

Cadence is an owner, operator and developer of senior living communities based in Scottsdale, Arizona. Cadence executives have over 100 years of real estate, senior housing development and senior housing management experience. Cadence emphasizes the importance of quality care and creates comfortable, vibrant communities that offer residents exceptional independent living, assisted living and memory care lifestyle options, proving that the “rhythm of life” is ever present. Find your Cadence. www.cadencesl.com

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