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These micro-homes — generally 400 square feet or less, and can be either on wheels or a foundation — are gaining popularity with retirees.
Sources. Quarterly Report on Household Debt and Credit [PDF], Federal Reserve.Accessed December 13, 2024. B3-3.1-01, General Income Information (05/01/2024), Fannie Mae.Accessed December 13, 2024.
A naturally occurring retirement community (NORC; / n ɔːr k /) is a community that has a large proportion of residents over 60 but was not specifically planned or designed to meet the needs of seniors living independently in their homes. NORCs may develop in three ways: Aging in place: numerous persons moved into a community when they were ...
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In October 2010, Ventas, Inc. (NYSE: VTR) announced that it would acquire Atria's real estate assets for a total purchase price of $3.1 billion, using 24.6 million shares of Ventas common stock, worth approximately $1.35 billion, $150 million in cash and the assumption or repayment of $1.6 billion of net debt. As part of the transaction, Atria ...
A group home in a local community is what the government and universities term a "small group home". Group homes always have trained personnel, and administration located both for the home and outside the home at office locations. Larger homes often are termed residential facilities, as are campuses with homes located throughout a campus structure.
The SIMPLE IRA is an easy way for small employers, including the self-employed, to offer employees a retirement plan. The SIMPLE IRA can be easier for an employer to set up than many 401(k) plans ...
Convincing people to accept small lot sizes and higher density living remains one of the biggest obstacles of cluster development. This obstacle can be mostly overcome with proper site design, which grants homes unobstructed views and effective private space.