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As homebuilders prepare for the baby boomer’s demand of active adult communities, Lennar continues to take the lead in the industry according to this Senior Housing News article. Lennar has homes available to meet the demand for more active adult housing and has even teamed up with Amazon to provide homebuyers with the latest smart home technology. Click HERE to visit an active-adult community near you.
More and more, active adult housing developers are embracing forward-thinking concepts in order to prepare for the incoming wave of baby boomer residents.
Two companies leading the way are Florida-based Minto Communities USA, which is behind the popular Latitude Margaritaville properties, and Miami-based homebuilder Lennar (NYSE: LEN), which last year announced home designs with integrated automation and voice control powered by Amazon’s Alexa.
And these are just two of the concepts shaking up the age-restricted senior housing product type sometimes referred to as “independent living light.” Active adult housing appears to be experiencing a boom, and well-established senior living developers and operators such as Capitol Seniors Housing and Clearwater Living are getting involved in this product type. The trends in this space point to the preferences and expectations of the aging boomer generation, but active adult will likely undergo many changes in terms of design and services offered over the next decade, according to architects.
Amazon implementation
Online retail giant Amazon.com (Nasdaq: AMZN) recently made a splash in the senior living industry by pitching Amazon Business as a useful purchasing solution at the 2018 Argentum Senior Living Executive Conference in San Diego. And some senior living providers see a great deal of promise in Amazon’s Alexa technology.
Meanwhile. Amazon is forging new relationships with major U.S. homebuilders, including with a division of Shea Homes that builds age-restricted communities in Northern California. Specifically, Shea is installing Amazon Dot speakers into the ceilings of rooms throughout some of its retirement homes, according to digital media site The Information.
Lennar, one of the largest homebuilders in the U.S., is undertaking a similar initiative. Last year, the company announced it was partnering with Amazon on “Wi-Fi certified” home designs that allow users to control their lights, front door locks and thermostat by talking to Amazon Alexa.
“The concept of Wi-Fi Certified™ Home Design, and bringing them to life with Amazon, stretches across all Lennar Homes and products, including active adult,” Danielle Tocco, national vice president for communications at Lennar, told SHN in an email.
A small selection of Lennar model homes dubbed “Amazon Experience Centers” opened to the public in 15 cities across the U.S. earlier this year, and could drive similar trends among other active adult developers and builders in the months and years to come, according to Manny Gonzalez, principal at KTGY Architecture + Planning.
“Gradually, it will become part of the home, because people will get used to having Alexa, or whatever the new device is,” Gonzalez told SHN.
One challenge active adult builders and designers will have to overcome, however, is obsolescence. After all, while Amazon Alexa is the hot technology of today, it might not be tomorrow.
“There was a point in time when everybody thought it was really cool to put an iPod docking station connected to speakers in rooms,” Gonzalez said. “Now, if you see a docking station, you know that place is 10 years old.”
Privacy invasion and physical inactivity are two other possible concerns for potential residents of active adult communities with implemented voice-automated technology, according to David Dillard, principal at D2 Architecture.
“I think there’s a fear factor, and it’s not necessarily unfounded,” Dillard told SHN. “Some of the baby boomers are wary of overusing technology.”
Continue Reading the Full Article HERE.
June 2018 – Did you know that since 2002, the month of June has been recognized across the country as National Homeownership Month? The month-long event is an initiative put into place by the U.S. Department of Housing and Urban Development meant to help educate and promote the benefits of homeownerships for American families.
This year’s theme is titled Find Your Place and is aimed at helping prospective first-time buyers receive the tools and guidance they need to finally enter the homebuying market. It can seem like a daunting journey to embark on and many first-time buyers might not even know where to start. But with Lennar, they have experts on hand to help you from start to finish. From financial planning to understanding a mortgage and so much more, Lennar is ready to help answer those questions.
There are a few things to consider before you start your new home search. Do you have a steady job and low debt? Have you been able to start saving some money? Have you been working on your credit score and set what would work for you as a total monthly budget? If so, you might be ready to move onto the next step – understanding how much home you can afford.
Many new homebuyers are surprised to learn that you don’t necessarily have to put down 20 percent to qualify for a loan. While it will cause your monthly payments to be lower, people can qualify for putting down as little as zero to three percent down payment based on their circumstances. The best way to figure out what options you have is to reach out to the experts.
By getting in touch with one of Lennar’s New Home Consultants or Internet Sales Consultants, they can refer you to a mortgage expert in your area who works for our preferred lender. That way you know you’re working with someone who knows the process and the new homebuying process.
Once you’ve figured out how much home you can afford, the fun part begins! Deciding on what type of home is right for you requires thinking over a lot of factors, and while a resale home might seem cheaper than a new home initially – learning the benefits of a new home might change your mind. No need for repairs, built-in contemporary features, prime location, modern design and other features of Lennar’s homes can add value that you simply won’t find in a resale home.
Lennar’s Everything’s Included® program, along with the incredible New Home Consultants, also make the process incredibly simple. This signature program works by including a high level of features into every new home we build as standard. You can enjoy granite or quartz countertops, state-of-the-art kitchen appliances and integrated home automation features that allow you to manage lights, locks, music, temperature, movies and more, remotely from a smart device or with voice control by Amazon Alexa. AND, it’s all included in a new Lennar home at no additional cost!
You also get the opportunity to save when you decide to buy new with Lennar, because you don’t need to hire a broker! The New Home Consultants are experts at helping you find the perfect home. They know all of the community locations, floorplans and homes that are available. Once they get to know your family they can help you find the home of your dreams.
There’s no better way to celebrate National Homeownership Month than with the purchase of a new Lennar home. And whether your looking to enter into the home market for the first time, or looking to move-up into something brand-new, Lennar is here to help you through every step of the way!
Start your search today by visiting www.lennar.com.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Fontana, Calif. – June 2018 – Lennar is excited to announce the opening of new homes for sale at Laurel Oak, the newest community addition to the Shady Trails masterplanned community in Fontana. An exciting Grand Opening celebration will take place on Saturday, June 23rd from 11 a.m. to 2 p.m. Prospective homeshoppers are invited to attend and enjoy a complimentary grilled cheese truck, fun activity for the kids, refreshments and model home tours. There will be shuttles available to transport homeshoppers to and from the community and The Parkhouse, a stunning recreation center exclusively for Shady Trails residents, to tour the amenities.
“We are so excited to unveil these luxurious model homes to the public. The new homes at Laurel Oak showcase spacious, family-focused floorplans with large homesites,” said Tara Conklin, Vice President of Sales and Marketing for Lennar Inland. “The community enjoys a great location in the popular Shady Trails masterplan which provides homeowners access to great amenities such as pools, spas, fitness center, parks and nearby conveniences.”
Five distinctive floorplans are offered at Laurel Oak in both single story and two-story layouts. These homes range in size from approximately 2,287 to 4,122 square feet with three to seven bedrooms and two to four and one-half bathrooms. Included in the Laurel Oak collection is Lennar’s revolutionary Superhome, one of the most popular Next Gen®–The Home Within a Home® floorplan designs.
The Superhome, also known as the 4122 Next Gen® floorplan, provides enough room for every member of the family and then some! Lennar created the Next Gen® floorplan with multigenerational families in mind. Each of these homes includes an attached private suite with its own separate entrance, living room, bedroom, bathroom and kitchenette. In the Superhome, the Next Gen® suite also enjoys a large retreat area connected to the bedroom or an optional second bedroom in lieu of the retreat with access to its own separate one-bay garage.
Every new home at Laurel Oak will come outfitted with high end features through Lennar’s signature Everything’s Included® program. Homebuyers will enjoy items such as the Wi-Fi CERTIFIED™ Home Design for wireless coverage in every room, stainless steel kitchen appliances, granite kitchen countertops, the latest home automation products and so much more – all at no additional cost.
The Grand Opening event will be the first opportunity to tour the professionally decorated model homes and will take place on Saturday, June 23rd from 11 a.m. to 2 p.m. at the Laurel Oak Welcome Home Center, located at 5217 Sammy Hagar Way in Fontana. Visit www.lennar.com/inlandempire for driving directions or call (888)203-9186 for more information.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Black Diamond, Wash. – June 2018 – Lennar Seattle is excited to announce the grand opening of the highly-anticipated Ten Trails Cottages collection of new homes in Black Diamond. The Grand Opening will take place on Saturday, July 21 where Lennar will unveil three new model homes and a new community at the Ten Trails masterplan.
“We are so thrilled to present the Cottages collection of new home designs at Ten Trails,” said Bill Salvesen, Division President for Lennar Seattle. “We’ve brought some of our most popular floorplans with a wide selection of styles and sizes and are excited to offer new homes for sale in such a coveted location for families.”
The Ten Trails Cottages collection offers homeshoppers six distinctive floorplans to choose from. These spacious homes range in size from approximately 2,331 to 3,199 square feet. These gorgeous new residences showcase modern design details including covered outdoor living spaces, open-concept living areas, gourmet kitchens and an abundance of windows to bring in natural light and enjoy the scenic Ten Trails setting.
Every new Lennar home from the Ten Trails Cottages collection is a Wi-Fi CERTIFIED™ Home Design, featuring built-in wireless access points throughout the home to provide strong consistent coverage in every room. In addition, every new home in Ten Trails will receive 1 GB of fiber optic high speed internet. Each home also comes outfitted with high-end features through Lennar’s Everything’s Included® program, allowing homeowners to enjoy stainless steel appliances, quartz countertops, home automation technology and more – at no additional cost!
The Grand Opening will take place on Saturday, July 21 from 11 a.m. to 2 p.m. at the Welcome Home Center located at 32301 SE 236th Avenue in Black Diamond. The VIP Interest list is now open for this community, allowing homeshoppers to reserve their preferred homesite before the homes go on sale for the general public.
Learn more and become a VIP member by visiting www.lennar.com/seattle.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Thousand Oaks, Calif. – June 2018 – Only four homes remain at Montellano Estates in Thousand Oaks, a premier new home community by Lennar offering brand new, luxury homes on oversized homesites boasting breathtaking views, expansive entertaining and living spaces and gated location within the prestigious Rancho Conejo Village neighborhood. Interested homeshoppers can now save big on these final four homes with reduced pricing., so come on out and visit the Welcome Home Center open weekends from 1 p.m. to 4 p.m. for home tours—these homes won’t last long!
“For homeshoppers looking for the finest in luxury living, look no further than Montellano Estates, an intimate, guard-gated community encompassing estate-sized homes showcasing unmatched canyon and mountains views and expansive yards that are made for entertaining,” said Ken Melvin, Division President for Lennar LA/Ventura. “Residents will love the convenient Thousand Oaks location and extensive community amenities available including two swimming pools and the 13-acre Rancho Conejo Playfield. With only four homes remaining, there’s no better time than now to discover your dream home at Montellano Estates!”
Overlooking Arroyo Canyon’s scenic ridge, Montellano Estates is nestled within the masterplan Rancho Conejo Village community in the City of Thousand Oaks. This premier community is the final new home neighborhood in the masterplan and is comprised of only 24 estate-style homes set behind private gates.
Each of the four homes available offers the thoughtfully designed Residence 2 model, an innovative luxury home design that provide beautifully integrated interiors, indoor-outdoor living spaces and a variety of compelling room options. This floorplan offers approximately 4,624 square feet of living space including five bedrooms, four and one-half bathrooms and three-bay garage and is available in two front elevations, Tuscan and Italian.
Showcasing flexible and versatile floorplans, these luxury homes include a chef-caliber kitchen with large culinary preparation island that merges easily with a generous great room and covered California room, offering optional panoramic-style doors to maximize indoor-outdoor living. Upstairs is a private master suite with large covered deck spanning the width of the room and a relaxing spa-inspired master bathroom with two walk-in closets, dual vanities, restorative soaking tub and shower with seat. And to help make this home completely yours, an array of available options is available such as a guest suite with kitchenette and craft room, private office, music room and study space.
Residents will also love the expansive community amenities that encompass two swimming pools with spa and the 13-acre Rancho Conejo Playfields with tennis courts, baseball fields, basketball court, children’s play area and picnic grounds. Nearby recreational amenities include Borchard Park providing an array of sports courts, picnic areas and a dedicated skate park and Wildwood Park which is known for hiking, biking and horseback riding. Residents will have access to the acclaimed Conejo Valley Unified Schools and a convenient location close to plenty of shopping, dining, 101 freeway and Southern Californian employment hubs.
Open weekends from 1 p.m. to 4 p.m., interested homeshoppers are encouraged to visit Montellano Estates’ Welcome Home Center for home tours located at 1160 Arroyo View St. in Thousand Oaks. For additional information, please visit www.lennar.com.
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
Elk Grove, Calif. – June 2018 – Prospective homeshoppers know that for families, summertime is when the moving’s easy. Families looking to find a new home and get settled in this summer before the school year starts can find a variety of quick move-in homes for sale at Lennar’s Cambria at Fieldstone, which offers access to the highly-acclaimed Elk Grove School District.
“Cambria is a great community for families to establish roots and with a handful of homes that offer an early move-in date, it’s the perfect time for anyone looking to get settled into a great school district for the year,” said Michelle Velky, Vice President of Sales and Marketing for Lennar Sacramento. “Don’t wait – summer is our busiest time of year and prime location with quick move-in homes expected to sell fast.”
Two plans at Cambria are available for sale with a summer move-in date. The Salinas plans is a spacious two-story home that provides 3,105 square feet of living space, with five bedrooms, three bathrooms, a large upstairs loft, formal dining room and two-bay garage with extra tandem storage space. This home is priced from the upper $500,000s.
The Avenal plan is another expansive, two-story home that offers 2,767 square feet. This floorplan also encompasses four bedrooms, three bathrooms, a formal dining room, large upstairs bonus room and a three-bay tandem garage. It’s priced from the mid $500,000s.
Every new home at Cambria comes complete with Lennar’s signature Everything’s Included® program, which outfits every home with a high level of standard features that include stainless steel appliances, granite or quartz kitchen countertops, solar and integrated home automation.
Open daily from 10 a.m. to 6 p.m., Cambria at Fieldstone is located at 10044 Lorae Court in Elk Grove. For more information visit www.lennar.com/sacramento or call (916) 905-1623 to schedule your tour today.
About Lennar
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com.
According to this CNBC article the U.S. Homebuilding market surged to near an 11-year high in May. If you’re ready to move into your first home or next home, Lennar offers a variety of beautiful, quick move-in homes that you can call your own in as little as 30 days. And with Everything’s Included, you get the latest technology, upgrades and friendly Mortgage and Title assistance to simplify the home buying process.
U.S. homebuilding surged to near an 11-year high in May amid an acceleration in both single-family and multi-family home construction, but a second straight monthly drop in permits suggested housing market activity will remain moderate.
Housing starts jumped 5.0 percent to a seasonally adjusted annual rate of 1.350 million units last month, the Commerce Department said on Tuesday. That was the highest level since July 2007. Data for April was revised slightly to show starts falling to a rate of 1.286 million units instead of the previously reported pace of 1.287 million units.
Building permits fell 4.6 percent to a rate of 1.301 million units, the lowest level since September 2017. Economists polled by Reuters had forecast housing starts rising to a pace of 1.310 million units last month and permits declining to a rate of 1.350 million units.
Single-family homebuilding, which accounts for the largest share of the housing market, increased 3.9 percent to a rate of 936,000 units last month.
Single-family home construction rose in the Northeast and Midwest, but fell in the South and West. Single-family homebuilding has lost momentum since hitting a pace of 948,000 units last November, which was the strongest in more than 10 years.
Permits to build single-family homes fell 2.2 percent in May to a pace of 844,000 units, also the lowest level since September 2017. With permits lagging starts, single-family homebuilding could slow in the months ahead.
A survey on Monday showed confidence among single-family homebuilders dipped in June, with builders “increasingly concerned that tariffs placed on Canadian lumber and other imported products are hurting housing affordability.” According to the survey, the expensive lumber had “added nearly $9,000 to the price of a new single-family home since January 2017.”
The Trump administration in April 2017 imposed anti-subsidy duties on imports of Canadian softwood lumber. More expensive lumber together with a lack of land and labor have worsened an acute shortage of homes for sale, hobbling the housing market.
Residential investment contracted in the first quarter. The housing market continues to lag overall economic growth, which appears to be accelerating in the second quarter after hitting a speed bump at the start of the year.
Starts for the volatile multi-family housing segment rebounded 7.5 percent to a rate of 414,000 units in May. Permits for the construction of multi-family homes fell 8.8 percent to a pace of 457,000 units.
Tucson, Ariz. – May 2018 – Lennar Tucson is excited to begin selling at Overton Reserve, a family-friendly community comprised of 106 single-family homes. Discover floorplans thoughtfully designed for today’s homeshoppers, including Lennar’s multigenerational floorplan, perfect for homeowners with larger families looking for a home to fit all their needs.
“We’re excited to begin selling at Overton Reserve where we’ve simplified the homebuying process through Lennar’s Everything’s Included® program and our new Wi-Fi CERTIFIED™ home designs,” said Tom Gansheimer, Division President for Lennar. “Overton Reserve offers low maintenance, single-story homes with open kitchens, inviting outdoor living areas and flexible spaces situated within close proximity of some of the best outdoor amenities the City of Tucson has to offer.”
Discover eight single-story floorplans ranging from approximately 2,203 to 3,173 square feet, including three to four bedrooms, two to three bathrooms and up to three-bay split garages. Floorplans are flexible and boast open-concept layouts to provide residents with ample room for entertainment and relaxation, connecting the dining, great room and kitchen spaces effortlessly. Kitchens feature a gorgeous center island, pantry space and stainless steel undermount, plus a beautiful covered patio helps extend living space and blur the line between indoor and outdoor living. Master suites are spacious and large, each featuring a luxurious master bathroom with dual vanities and walk-in closets.
The Oracle and Revelation floorplans at Overton Reserve feature Lennar’s popular Next Gen® – The Home Within A Home®, an innovative design catered towards multigenerational living. For example, Revelation’s private suite features 792 square feet of living space with one bedroom, one bathroom and kitchenette, as well as its own private entry and one-bay garage, whereas the main home features 2,381 square feet with three bedrooms, two and one-half bathrooms, a den and two-bay garage. This design helps separate living quarters while still remaining attached to the main home, a win-win situation for homeowners looking to accommodate family without sacrificing privacy or comfort.
Each home at this premier community will showcase Lennar’s Everything’s Included® program which boasts custom-like designs and features—all at no additional cost. Enjoy granite countertops, stainless steel appliances, home automation and so much more as a standard. Home automation features will pair well with Lennar’s new Wi-Fi CERTIFIED™ Home Designs, which feature commercial strength wireless coverage in every room, also included as a standard.
The gorgeous City of Tucson offers plenty of opportunities for adventure and activities—thanks to the great weather the area experiences year-long. Enjoy the Sonora Desert Museum, the Saguaro National Park or Old Tucson. In February, visit the Tucson Gem & Mineral Show, one of the largest gem and mineral shows in the world. On the weekends take a bus tour of the Pima Air & Space Museum boasting over 250 modern and historical aircraft. Plus, Tucson is home to more than 120 parks, including Reid Park Zoo, Tucson Botanical Gardens, Sabino Canyon and Biosphere 2.
For more information, visit www.lennar.com/Tucson or call 888-864-1055.
Lennar Corporation, founded in 1954, is one of the nation’s leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar’s Financial Services segment provides mortgage financing, title insurance and closing services for both buyers of Lennar’s homes and others. Lennar’s Rialto segment is a vertically integrated asset management platform focused on investing throughout the commercial real estate capital structure. Lennar’s Multifamily segment is a nationwide developer of high-quality multifamily rental properties. Previous press releases and further information about Lennar may be obtained at the “Investor Relations” section of Lennar’s website, www.lennar.com
