Ft Lauderdale, Florida 2/19/2010 6:40:00 AM
News / Business

Soleil Laurel Canyon Announces Increase in Active Adult Category Sales

Soleil Laurel Canyon has announced that it has seen an increase in home sales for the Active Adult Category during November and December.  The sales increase is attributed to five new contracts in the 55+ active adult, result-style community near Canton, Georgia.  The five contracts consisted of three for construction and two for spec, according the Soleil’s New Home Consultant, Mike Kinsey.

 

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The increased interest and a tax incentive deadline of April 30 for the signed contracts has encouraged the Active Lifestyle Communities (ALC) to begin the construction of three new spec homes.  The contracts are anticipated to close by June 30, and construction is expected to finish in May.  The three homes will range from 1,500-2,170 square feet and are valued between $261,000 and $341,000.

 

Active Lifestyle Communities (ALC) is a partnership between Southeast Capital Companies (formerly Southeast Capital Partners) and Patrick Malloy Communities. The company purchased Soleil Laurel Canyon in an all-cash transaction with the plan to invest $28 million. Residents of the neighborhood’s 231 homes enjoy exceptional recreational amenities including a 28,000 sq. ft. clubhouse with a heated indoor saline pool, billiards parlor, gourmet teaching kitchen, fitness center and aerobics studio, library, card rooms and an arts and crafts studio. A performing arts center, outdoor amphitheatre, outdoor lagoon-style pool, tennis courts, walking trails, greenhouse and neighboring golf course complete the resort-style environment.

 

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