Some Communities now using "Deferred Entrance Fee" Plans due to the economy

Posted October 29, 2009
Recently, I have been asked a lot about how business is going in this market.  I respond by noting that people are still moving to retirement communities and assisted living.  Actually the more need driven the move (ie:dementia, safety causing a need for assisted living) the more likely there will be a quick move in. However in the area of independent living there has been some slowing.  Some of this is due to the fact that folks who want to make the move need to sell their house in order to afford to do so.  And as we know, homes ...
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