![]() Should you choose to use the link below, you assume total responsibility for your use of the website to which you are linking. expressly disclaims any duty or obligation to review or correct any of the contents of such website. be liable to the reader or any other person or entity for any inaccuracies, errors in or omission of any information or data therein or for any actions taken in reliance thereon on or for any damages arising therefrom or occasioned thereby. does not guarantee or assume responsibility for the accuracy or completeness of any information or data displayed through this other website, nor shall The Ritz-Carlton Hotel Company, L.L.C. accepts any responsibility for the content or use of this other website. The site to which you will be transferred is not part of the The Ritz-Carlton website and the presence of this link on the The Ritz-Carlton website does not mean that The Ritz-Carlton Hotel Company, L.L.C. ![]() “So, I’m not educated enough yet on senior housing as a segment how serious these wellness programs are, and I hope there are some really serious players in it, but I certainly know there’s not anybody with our wellness background and skill set in the market.By clicking on the 'Accept' button below, you acknowledge that you will be leaving the website. “Resorts would claim to have spas or wellness programs and when you really looked under the marketing and looked at substance, there not much there,” he said. Based on what he has seen in the resort industry, Milner is confident that Canyon Ranch will provide a more robust and time-tested offering than potential competitors, however. Crescent Real Estate owns Canyon Ranch, and John Goff - who heads up Crescent as chairman - has a hand in Silverstone Healthcare, a high-end assisted living and memory care owner that works with operating partners such as Harbor Retirement Associates (HRA).Ĭanyon Ranch is entering senior living at a time when many operators are reconfiguring their operations to focus on wellness. This is the sort of offering that would translate well to a senior housing community, Milner noted.Īnd, Canyon Ranch has plenty of capital one deck to finance new development in the senior housing space. This week-long program was led by former Borden Foods CEO Doug Smith, who has authored books on happiness and wellbeing. Southwest Value Partners has acquired the JW Marriott Tucson Starr Pass Resort & Spa for 110 million from Fortress Investment Group. ![]() Canyon Ranch is seeking to serve this demographic in a variety of ways, including through a recently launched program called Encore: Flourishing in the Second Half of Life. These homes are not age-restricted, but many owners are in middle age or older, Milner said. It currently owns about 100 homes surrounding its original resort in Tucson, where residents have access to the nearby health, wellness and spa facilities. In between Aspen Dental and an Urgent Care. Canyon Ranch is no stranger to real estate for older adults, either. Tucson, AZ 85710 At the NE corner of Wilmot & Broadway next to Burger King, diagonally opposite from Park Place shopping mall. The company helped pioneer the wellness resort sector, and today offers a brand of destination resorts, wellness spas and fitness clubs on land and on 22 cruise ships. ![]() If all goes according to plan, the opening of Canyon Ranch’s first senior housing community would mark the entrance of a new major wellness brand into the industry. “Food, service, concierge, atmosphere, the decor, all of that in combination with a real, authentic, robust wellness. “What we see is the need for a wellness-focused product that also feels like a hospitality product,” Milner said. Health and healing, which includes western medicine in addition to Ayurvedic, acupuncture, reiki and chiropractic treatments.
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