the Lofts

[Whatever]

Any feedback from those who have moved in?

[John41]

one person on totv said they are happy at the lofts... but rentals are less than expected

[New Englander]

one person on totv said they are happy at the lofts... but rentals are less than expected

Most of the renters will be parking in their assigned parking space in the parking lot with the hot Florida sun day after day. That would be a big issue with me.

[tghoul]

Several have already moved out.

[Villageswimmer]

Most of the renters will be parking in their assigned parking space in the parking lot with the hot Florida sun day after day. That would be a big issue with me.

I thought they had garages. Where do they keep golf carts?

[villagetinker]

Garages are limited and a separate fee is involved, as for golf carts, outside.........

[retiredguy123]

The problem is that you need to pay three times as much per month as compared to living in the same size house. And, there is really no advantage in terms of location and convenience. The only additional hassle I have with my house is to pay someone to cut the grass.

[vintageogauge]

Several have already moved out.

How did they get out of their leases?

[anitasnyder1@gmail.com]

I was really looking forward to selling my house to get rid of yard expenses but the prices of apts. Turned me off...way 2 $!
Only 4 the wealthy!

[dewilson58]

Sounds so negative.....................and yet they are building more. Hmmmm.

[thelegges]

We looked into a one bed, with no view. Not including amenities fee, and cable, with outside parking it was $1800.

But if you wanted to stay in TV and not deal with a home, the only site was the assisted living areas in TV, cost started at $4000, With no meals, or housekeeping, and outside parking.

So for them the lofts are a deal. I wonder how long it will take to have 80% occupancy, and will the developer start on the next complex before that happens.

[cleser]

The pricing of the rentals is very high, in comparison to current home prices. For example the smallest 1 bedroom is close to $1800 per month BEFORE amenities, utilities, optional garage etc. This would total close to $2300 per month and you don’t own it!
It may be a good option for some, but they are pricey

[DaisyDE]

How can they move out? I thought they were required to sign a 1 yr lease.

[DaisyDE]

4k for assisted living and no food or housekeeping? Wondering where the assistance is!

[togabill]

Imho

[woderfulwendy1]

Several have already moved out.

Hard to move out if you sign the mandatory 1 year lease?

[M2inOR]

Hard to move out if you sign the mandatory 1 year lease?

Easy to move out. Still have to pay the rent until lease ends.

Just more $$$ to pay out to fulfill the contract terms.

Many other real estate deals like this. eg timeshares.

[Girlcopper]

How can they move out? I thought they were required to sign a 1 yr lease.
Thats because once again, people are just talking and not stating facts. No one has already moved out unless they want to pay a fortune to break the lease.

[airdale2]

Most of the renters will be parking in their assigned parking space in the parking lot with the hot Florida sun day after day. That would be a big issue with me.
that direct sun just destroys auto interiors.

[Marathon Man]

Rumors and more rumors. Rentals less than expected. Several people have moved out.

The OP asked for opinions of those who are living there. But that doesn't stop the Negative Nancys from jumping in.

[mk1126]

Way too $$$$; limited parking/storage.

[PugMom]

Sounds so negative.....................and yet they are building more. Hmmmm.

funny how that happens:icon_wink:

[merrymini]

How can they move out? I thought they were required to sign a 1 yr lease.
Heard that if they buy a house, they can end their lease prematurely.

[wiltma]

4k for assisted living and no food or housekeeping? Wondering where the assistance is!

Many of the senior living places are a lot less and includes meals housekeeping and other stuff

[waynehal55]

Garages are limited and a separate fee is involved, as for golf carts, outside.........

The extra cost of a garage, is $250 a month.

[vintageogauge]

Many of the senior living places are a lot less and includes meals housekeeping and other stuff

Only in Mississippi.

[Topspinmo]

How can they move out? I thought they were required to sign a 1 yr lease.

They probably still pay Till lease ends, neighbor moved in October and already moving back after they have work done on there house. Which will be about 6 months left on lease. Sets empty till lease runs out.

[Villages Kahuna]

This thread gives several examples similar to some of our politicians. Alternative facts? Or just lies?

[Scorpyo]

4k for assisted living and no food or housekeeping? Wondering where the assistance is!
They assist in spending your money.

[Topspinmo]

Rumors and more rumors. Rentals less than expected. Several people have moved out.

The OP asked for opinions of those who are living there. But that doesn't stop the Negative Nancys from jumping in.


I know of two. No negativity, they didn’t like set up. So if two more moving out that’s several :)Parking lot and hall ways walk too long. Other didn’t like all outsiders in the pool. They were first on list without seeing layout. Liked the concept but not the layout.

[New Englander]

Sounds so negative.....................and yet they are building more. Hmmmm.

When you have bottomless pockets you can do what you want.

[charlieo1126@gmail.com]

several have already moved out. how??

[charlieo1126@gmail.com]

one person on totv said they are happy at the lofts... but rentals are less than expected How ?!

[kendi]

I thought they had garages. Where do they keep golf carts?

They do have garages. Depends on which unit you rent.

[kendi]

How did they get out of their leases?

You can get out of the lease if you buy in TV from a Villages realtor.

[kendi]

Thats because once again, people are just talking and not stating facts. No one has already moved out unless they want to pay a fortune to break the lease.

The facts you say? We toured the Lofts and you can break the lease if you buy in TV from TV. Sounds like you need to follow your own advice.

[prbradley]

Not so. Assisted living includes 3 meals. I looked at 10 different ones for my mom and all included 3 meals and housekeeping. You may be thinking if independent living facilities.

[kendi]

Ran into a few of the residents when we toured The Lofts. They were very happy there. Liked the location and having no burden of taking care of a house.

[jojo]

I visited someone who just moved in. The apartment was small, somewhat dark, down a long hall, and had a patio that overlooked a parking lot. She is happy to not have the hassles of a home and that she can walk everywhere. I expected to see more touches of luxury - the decor is fairly pedestrian and the recreation center is small. Most of her building was not occupied yet. I think the concept will find many takers.

[thelegges]

4k for assisted living and no food or housekeeping? Wondering where the assistance is!

There is Independent living apartments in assisted living complexes. We have friend that sold their home on Palmer and moved in to the independent living apartment at a assisted living facility in TV. Now they are looking at the lofts.

[NavyVet]

Not so. Assisted living includes 3 meals. I looked at 10 different ones for my mom and all included 3 meals and housekeeping. You may be thinking if independent living facilities.

Thank you for correcting the misinformation. I had toured and researched several facilities in the area. In Assisted Living, meals are included and you can't 'opt out' of the meal plan even if you tried. They want to make sure people eat. LOL
In Independent Living, meal plans vary from 1 to 3 per day, but even there, it was difficult if not impossible to opt out. My parents were fussy eaters and wanted to save a little money but the meals credit was actually quite low, so wouldn't save much.
In the ALF, free transportation and weekly housekeeping was included. Laundry and/or linen services were an added cost option. My father was completely non-compliant. He refused to take his meds and refused to go to the beautiful dining room and eat their food. He lived on the soups, puddings, ice cream and snacks that I bought and delivered weekly. I really don't know how the staff put up with him. They had a LOT of patience. LOL
I had also learned that any facilities on TV property were always more expensive than than the ones outside of TV, but that's no surprise.

[NavyVet]

They do have garages. Depends on which unit you rent.

Good to know. Personally, I couldn't live anywhere w/o garage or at least a carport. Apartment living is probably not for me.
I was thinking that as expensive as these apartments are, for just a little more one could get an independent living apartment with meals, housekeeping, transportation, and emergency alert pendants. If someone falls at The Lofts, who is going to come running to help?

[Bogie Shooter]

Good to know. Personally, I couldn't live anywhere w/o garage or at least a carport. Apartment living is probably not for me.
I was thinking that as expensive as these apartments are, for just a little more one could get an independent living apartment with meals, housekeeping, transportation, and emergency alert pendants. If someone falls at The Lofts, who is going to come running to help?

No different than if I fall at my Villages house. Nobody comes running to help.
Apples and oranges?

[Villagesgal]

Did anyone who actually lives there post?

[jimhurtt@twc.com]

Maybe they can sub lease.

[thelegges]

Maybe they can sub lease.

When we inquired there was no sub let, and only those on the lease could reside there. But how would they know who’s living there

[nevjudbaker]

Thats because once again, people are just talking and not stating facts. No one has already moved out unless they want to pay a fortune to break the lease.
People have moved out. They get outbof the lease if they buy a house from The Villages.

[nevjudbaker]

They do have garages. Depends on which unit you rent.
Youbpay extra for a garage attached to a unit or not

[nevjudbaker]

They do have garages. Depends on which unit you rent.
You pay extra for a garage attached to a unit or not

[nevjudbaker]

Not so. Assisted living includes 3 meals. I looked at 10 different ones for my mom and all included 3 meals and housekeeping. You may be thinking if independent living facilities.
Assisted living is smaller rooms and one little clothes closet. 4-5 thousand a month.

[geobar]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

[ron32162]

a death certificate.

[JSR22]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

The garages are no where near $1300 a month. Whenever I have lived in apts you paid extra for a garage

[harold63G]

Lots of talk about costs at Loft vs. Assisted Living. Very good source to find details on cost of various levels of assisted living in your town, zip code, state, etc. Very easy to use to get data at daily, monthly, annual level and project future costs given inflation, etc.
Source: Genworth...long the gold standard for this type of data. I did my zip code (32162) and "The Villages" - results a bit different.
Monthly Median Costs: The Villages, FL (2019)
In-Home Care
Homemaker Services1
$4,099
Home Health Aide1
$4,099
Community and Assisted Living
Adult Day Health Care2
$1,625
Assisted Living Facility3
$5,375
Nursing Home Facility
Semi-Private Room2
$8,821
Private Room2
$9,429
Change weekly In-Home Care hours (Only available with Daily, Monthly, or Annual Cost by Period)
Link to Genworth: Cost of Long Term Care by State | Cost of Care Report | Genworth (https://www.genworth.com/aging-and-you/finances/cost-of-care.html)

[BoatRatKat]

Thank you for correcting the misinformation. I had toured and researched several facilities in the area. In Assisted Living, meals are included and you can't 'opt out' of the meal plan even if you tried. They want to make sure people eat. LOL
In Independent Living, meal plans vary from 1 to 3 per day, but even there, it was difficult if not impossible to opt out. My parents were fussy eaters and wanted to save a little money but the meals credit was actually quite low, so wouldn't save much.
In the ALF, free transportation and weekly housekeeping was included. Laundry and/or linen services were an added cost option. My father was completely non-compliant. He refused to take his meds and refused to go to the beautiful dining room and eat their food. He lived on the soups, puddings, ice cream and snacks that I bought and delivered weekly. I really don't know how the staff put up with him. They had a LOT of patience. LOL
I had also learned that any facilities on TV property were always more expensive than than the ones outside of TV, but that's no surprise.

Would you share where your dad lived if you were happy and also some of the others? With COVID they are not allowing you to tour at all. I may need to utilize services in near future for a parent. You can send me a private msg if you prefer. Thank you.

[Capt_Chris_Pike]

How did they get out of their leases?

If you purchase a home, you can break the lease with no penalty.

[Capt_Chris_Pike]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

$1300/month is not correct. Where did you get that information? What is your source?

[oldkatz]

I don’t understand why some one wouldn’t just rent a 2 bedroom villa where landlord takes care of land and outside of house. Home is larger on one floor and had a garage

[asianthree]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

We were quoted $250 in the beginning, May have changed but I doubt that high. Plus if you live over the garages in what is called a carriage loft there is not an elevator

[Bogie Shooter]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

Always take every chance to bash the Developer..

[JoMar]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

Ignorant behaviour continues.

[Neils]

Ooo

[Barborv]

Wonder if they don't fill up, if the Villages will start doing short term rentals. They definitely would rent in the high season.

[rmd2]

I don’t understand why some one wouldn’t just rent a 2 bedroom villa where landlord takes care of land and outside of house. Home is larger on one floor and had a garage

This is a good plan. The ONLY drawback I can see is if and when the owners would decided to sell the house, you would have to move.

[Marathon Man]

The Loft do have Overpriced Garages.
If I remember correctly they are $1,300.00 a month added to the high rents
thanks to "The Morse Money Hungry Moguls".

:ohdear: