Maravilla Scottsdale Exceeds Deposit Expectations by 30%

Scottsdale, AZ, October 11, 2008 --(PR.com)-- Despite the economy and typical shift in seasonal senior residents, Maravilla Scottsdale has exceeded early deposit projections by nearly 30 percent. In response to the unprecedented high demand, the community has now begun the site selection process of its Phase One residences featuring casitas and independent courtyard residences.

From May to September the community experienced an influx of reservations for future residency by seniors who value the community’s premium location and an amenity-rich lifestyle. As such, the Maravilla Sales Team is now meeting individually with these Priority Reservation depositors to discuss residency options and welcome them to the community’s Platinum Charter Member Club.

Maravilla Scottsdale’s Platinum Charter Member Club is an exclusive program only offered to founding Maravilla residents who select their future residence, and place a fully refundable, FDIC insured 10% deposit.

"Maravilla Scottsdale offers a non-traditional housing option in a resort setting that is extremely appealing to Valley seniors,” said Tim Cowen, executive director of Maravilla Scottsdale. “We’re thrilled that Maravilla Scottsdale’s fresh approach to retirement living is being fully embraced.”

Scheduled to open in early 2011, Maravilla Scottsdale will be situated on 25 acres at the northern end of Scottsdale, adjacent to the Fairmont Scottsdale Resort. Designed to complement residents’ active lifestyles, this luxury 410-unit campus community will feature a variety of floor plans ranging from independent living casitas and courtyard residences to assisted living and memory care residences.

The community will feature visionary Spanish Colonial architectural styling and innovative design along with high-end amenities and services such as: gourmet restaurants, a café, bistro, clubhouse, enclosed and outdoor swimming pools, 9-hole chip-and-putt golf course, beauty salon and barber shop, bank, spa and other enriching amenities and recreational and social spaces. Residents will also take pleasure in the immaculate outdoor living spaces, including meandering trails and gardens as well as cultural meeting and performing arts venues.

Individuals planning their retirement can secure a priority reservation with a fully refundable $1,000 FDIC insured deposit. Maravilla Scottsdale will operate as a Senior Residential Entrance Fee Contract community offering two entrance fee programs from which to choose. In addition, a nominal monthly fee will be charged.

Area seniors interested in learning more about Maravilla Scottsdale can now visit the Sales and Information Center located at 7221 E. Princess Blvd, Suite 117 or the community website at www.maravillascottsdale.com. To schedule a personal appointment, call 480-538-5600.

About Senior Resource Group:
Senior Resource Group, LLC (SRG) has been a leader in providing distinctive retirement living since 1988. SRG develops, owns and operates independent living, assisted living and Alzheimer's/dementia care communities throughout the U. S.

For more than 20 years, the company has championed the development and management of niche communities that provide older adults with service-enriched and supportive living environments. SRG’s corporate headquarters is located at 500 Stevens Avenue, Suite 100, Solana Beach, CA 92075. For more information, call 858-792-9300 or visit www.srgseniorliving.com.

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