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A retirement home is a multi-residence housing facility intended for the elderly. The concept is sometimes called an old people's home, [9] old folks' home, or old age home, although old people's home can also refer to a nursing home. [10] Typically, each person or couple in the home has an apartment-style room or suite of rooms. Additional ...
Laguna Woods Village is an age-restricted community for people aged 55 and over in Laguna Woods, California. It is the largest and most populous of the five similar communities in the city. [ 1 ] The village, formerly known as Rossmoor-Leisure World , was developed by Ross Cortese, a former fruit stand owner turned retirement community developer.
Time Magazine covered the event in the real estate section with the article "Old Folks at Home [8]". As of 2019, Ryderwood remains a retirement community. Del Webb opened Sun City, Arizona, with the active adult concept, in 1960. [9] In 2011, The Villages, Florida became the largest of these communities. [10]
Vi Senior Living, formerly known as Classic Residence by Hyatt, was founded in 1987 by Penny Pritzker. [3] [4] The Pritzker family background in founding the Hyatt hotel chain and Marmon Group inspired Penny Pritzker's vision to bring high-end hospitality to senior living communities across the United States.
Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
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Age-qualified communities, also known as 55+ communities, active adult communities, lifestyle communities, or retirement communities, are often planned communities that offer homes and community features that are attractive to 55+ adults. These might include a clubhouse or lifestyle center with a good many activities, sometimes with indoor and ...
Erickson Senior Living is an owner, manager and developer of retirement communities in the United States. It provides independent living, assisted living, memory and skilled nursing care, managing 20 campus-style retirement communities in 11 states. Headquartered in Catonsville, Maryland, it employs over 17,000 people for 24,000 residents as of ...