Continuing Care Retirement Communities in Charlotte *Information up to date as of Feburary 2014
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1 Funding Non-profit For profit Non-profit Non-profit Non-profit Non-profit Ownership Aldersgate United Methodist The Cypress of Retirement Community Inc. Brookdale Senior Living Charlotte Owners' Association Inc. ACTS Retirement- Life Communitees The Presbyterian Home at Charlotte Southminster Inc. Age Limit Plans Entry fee & & Entry fee & Entry fee & Entry fee & monthly fee Rental Home Ownership monthly fee monthly fee monthly fee Entry Fee* $73K-$438K $4850 $1000 for 2nd person included in sales price (10% of gross sales price) $123K-$329K $25K for 2nd person $35K-$367K $15K for 2nd person $91K-$552.9K $20K for 2nd person Starting prices (ownership based community) N/A N/A $250K-$900K N/A N/A N/A Monthly Fee $1588-$4214 $2610-$5050 $2133-$3834 $1946-$2839 $2159-$4245 $2898-$4432 Second occupant fee per month $807 $875 $1,158 $1,500 $1076 -$1512 $1,700 APARTMENTS Smallest-largest floor plan options w/ approx sq ft Studio apartment (285 sq ft)-2 br/2ba apartment (1660 sq ft) Efficiency (527 sq ft)-2 br/2 ba (1140 sq ft) 1 br/1 ba (810 sq ft)-3 br/2.5 ba (2541 sq ft) Studio (600 sq ft)-3 br/2 ba (1693 sq ft) 1 br/1 ba (480 sq ft)-2 br/2 ba/den (1800 sq ft) 1 br/1ba/den (630 sq ft)-2 br/2 ba/den (3190 sq ft) COTTAGES Smallest-largest floor plan options w approx sq ft 2 br/1 ba Garden Apt (648 sq ft)-3 br/2 ba Cottage (2585 sq ft) 2br/2 ba (1346 sq ft-1372 sq ft) 2 br/2ba/den (1900 sq ft)-3 br/2.5 ba/den (3900 sq ft) None (planned expansion to begin soon includes 3 br/2 ba carriage homes) 1 br/1ba/den (1080 sq ft)-2 br/2 ba (1390 sq ft) sq ft
2 Included in monthly fee Meals 1/day (3 available/day) 25/month (lunch & dinner available Mon-Sat; brunch only on Sunday; complementary continental breakfast daily) 30/month (3 available/day; complementary continental breakfast daily) 1/day (3 available/day) Flex plan $545/person/quart er (3 meals available/day; bistro open 7AM-8 PM) Flex plan $14/day/person Electricity for apartments No for cottages Telephone No (phone/wifi (except long ($3/month long No No No bundle $45/month) distance) distance fee) No (available for Cable No $30/month) WIFI No No-see above No ($30/month) Housekeeping weekly weekly weekly No (available for $30/week) weekly weekly Personal response system Transportation to medical appointments (Tues, Wed, Thurs) (10 mile radius) Wellness programs
3 Year established 1947 as The 1969 as The Methodist Home Presbyterian Home 1987 Land 227 acres 44 acres 65 acres 50 acres 23 acres 25 acres Population Percentage of accomodations occupied >95% 89% 100% 100% Bank full service including safety deposit boxes full service including safety deposit boxes ATM yes yes 98% (100% occupied and sold) Credit Union on site Post office full service private mailboxes mail delivery private mailboxes private mailboxes Private Mailboxes Assisted Living "Coach House" (Separate building) "WillowBrooke Court" (All Units under one roof) Third Floor Wing of Apartment builiding apartment building apartment building outside When space allows No if available 60 (between 50 Number of beds assisted/nursing (25 assisted/ unit) 60 memory) 20 Monthly fee N/A $3,850 $16 K-$38.5 K $10,000 $5335-$6225; second person $1470; semiprivate $4050/month Same as in $5970/month $ $6225 $135/day Independent Living $3836-$6233 $199/day sq ft Standard, deluxe, or Alcove Room 360 sq ft Suites Semi-private, Studio, & two room suite Studio
4 Memory Care "Cuthbertson Villiage" in Apartment Building "Clare Bridge Place" (Separate Assisted Living Area Integrated into Assisted Living and Skilled Nursing outside Rarely if available Number of beds NA Monthly fee NA $3,850 Shared suite $5670; Private suite $6180 Private room $5010; $167/day 600 sq ft 360 sq ft living $10K living living $7860 $262/day studio or private room Skilled Nursing "Asbury Care Center" (separate building) "Carriage House" (separate building) "WillowBrooke Court" (All Units under one roof) Third Floor Wing of Apartment builiding Apartment Building outside No if available 60 (between Number of beds assisted/nursing unit) N/A N/A $35K NA
5 Medicare certified for Rehabilitation services Monthly fee Residents $3960 $132/day Complimentary days in healthcare Rehab services covered, not room In the process of and board (105 Beds) (14 Beds) yes (6 beds) (16 beds) applying $5000/$2500 Private/semiprivate rooms Semi-private $230/day Private $285/day private/semiprivate rooms $5100 $170/day 360 sq ft Same as independent living $6087 $200.12/day Private Rooms (Medicare rooms will be semiprivate) 14/year 90 lifetime 0 $ 8970 $299/day Private Rooms 14/year not to exceed 44 at any point in time
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