National Association of Home Builders Selects Watercrest of Lake Nona as a Finalist in the 2016 NAHB Best of 55+ Housing Awards Competition

VERO BEACH, Fla.–(BUSINESS WIRE)–The National Association of Home Builders has announced Watercrest
of Lake Nona Assisted Living and Memory Care Community
as a finalist
in the 2016 NAHB Best of 55+ Housing Awards Competition in the category
of Best 55+ Assisted Living or Special Needs Community.


The NAHB 55+ Housing Industry Council Best of 55+ Housing Awards are the
industry’s most prestigious and only national awards program honoring
excellence in building, design, marketing and lifestyles in housing for
boomers and beyond. The industry and the media view the awards as a
showcase for innovation, emerging trends and quality housing for a
mature demographic.

Watercrest Senior Living, the co-developer and operator of Watercrest of
Lake Nona, opened the 76,000 square foot, 80 unit premier senior living
community in October 2015 in the 7,000-acre master-designed community of
Lake Nona, FL. In a feat of proficiency, Watercrest of Lake Nona passed
their initial AHCA survey deficiency free, just two days after receiving
their Certificate of Occupancy from the City of Orlando and opened to
residents just thirteen months after the groundbreaking by Walker
Construction Company.

Watercrest Senior Living, located in Vero Beach, specializes in the
development and operations of assisted living and memory care
communities. With nearly a dozen communities under development
nationwide, Watercrest principals, Marc Vorkapich, CEO and Joan
Williams, CFO are setting new standards of quality for seniors and their
families in the development of upscale senior living communities. “From
the start, we set out to design Watercrest communities specifically with
seniors in mind and it’s an honor to be selected by the NAHB as a
finalist in this prestigious competition, recognizing the importance of
quality design and lifestyle provided for seniors,” says Marc
Vorkapich
, Principal and CEO of Watercrest Senior Living.

Watercrest
of Lake Nona
, a joint venture project with Index
Investment Group
, is the first of its kind, offering 56 assisted
living and 24 memory care apartments with premium accommodations and
exceptional care. Designed to surpass the standard expectations of
senior living, this resort-like community offers exceptional amenities
such as luxurious Spa W, multiple dining options with locally grown
organic fare, private label Watercrest wines, grand balconies, pool and
fireplaces, cultural programs, and distinctive opportunities for
learning and social activities; all perfectly situated in the center of
Lake Nona offering world-class education, Medical City, recreational
facilities, diverse workspaces, retail centers, entertainment venues and
vast residential options.

The NAHB’s 55+ Housing Industry Council has selected a distinguished
panel from across the country representing expertise in development,
architecture, active adult, assisted living, multifamily, universal
design, marketing and lifestyle to judge the Best of 55+ Housing Awards
this year. The winners will be announced on Tuesday, January 19th,
2016 at the Renaissance Hotel, Las Vegas during the International
Builders Show.

Partnering with a wide variety of stakeholders such as land owners, real
estate developers, investors, financial institutions, and REITs, Watercrest
Senior Living Group
focuses on its core strengths, operations
management of assisted living and memory care communities and the
development of servant leaders. For more information, visit watercrestseniorliving.com.

Contacts

for Watercrest Senior Living
Kathryn Vorkapich, 772-539-4553
kathryn@chandonnicholas.com