LIFE LEASES
Leasehold project caters to 55-plus crowd A&S HOMES — The Link Life Lease Complex — 761 Sterling Lyon Parkway Leasehold project caters to 55-plus crowd
>> AN AMBITIOUS 55-PLUS retirement residence being built in Seasons of Tuxedo promises luxury living for less. The Link — a seven-storey, 61-suite life lease complex by A&S Homes — is under construction at 761 Sterling Lyon Parkway, just west of IKEA, with Phase I expected to be completed by October 2020. In a life lease, a tenant pays a fully refundable entrance fee — which helps finance construction costs — as well as monthly rent, which is significantly reduced due to the entrance fee.
By Jared Story Photos courtesy of A&S Homes
124 Parade of Homes fall 2019
Powered by FlippingBook