Sagewood at Desert Ridge is a joint-venture of The Westminster Funds® and Life Care Services LLC. Upon completion, Sagewood will be a 500 to 600 independent living unit LPC located along Mayo Boulevard in the demographically attractive northeast quadrant of Phoenix, AZ. Phase I consisting of 292 independent living units opened at the beginning of 2010. Built on 85-plus acres of prime desert terrain, Sagewood offers residents a wide variety of amenities and services in a community environment where choice-driven comfort and quality is the focus. Besides numerous on-site amenities, residents will also have a multitude of entertainment, cultural, shopping and recreational options nearby. In addition, Sagewood’s proximity to some of the country’s best health care facilities is an added feature of this LPC location.
Size: ±600 Independent Living Units on ±78 Acres in Four to Five Phases
Built: Phase I – January, 2010
Start Date: Pre-development Marketing begun January, 2007
Ownership: Westminster-LCS IV LLC, owned in joint-venture with Life Care Services, 85% Westminster Funds VI (13.5%), CCRC I (46.5%), and CCRC II (40%) and 15% LCS