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Concordia at Cabot - Concordia at The Orchard - Concordia at Rebecca Residence - Concordia at Ridgewood Place
CONCORDIA AT CABOT
DAILY RATES
Effective: 1/1/08
|
Oertel Care Center |
Lund Care Center |
| Private, with bath |
$95 |
$102 |
| Semi-private, large |
|
$90 |
| Semi-private, medium |
$71 women’s cottage |
$83 |
| Private, shared bath |
$82 women’s cottage |
|
| Private, standard |
$83 shared bath |
|
| Private, medium |
$88 shared bath |
|
| Private, large |
$89 shared bath |
|
| Semi-private |
$73 shared bath |
|
Apartment, single
(1 Assisted Living resident) |
|
$158 ground floor |
Apartment, double
(2 Assisted Living residents) |
|
$198 ground floor |
LEVEL OF CARE
| Level 2 |
add $6.00 per day to the above rates |
| Level 3 |
add $16.00 per day to the above rates |
| Level 4 |
add $26.00 per day to the above rates |
| Level 5 |
add $35.00 per day to the above rates |
Room rates are subject to change with thirty days prior notice.
SCHEDULE OF ENTRANCE FEES AND MONTHLY FEES
Effective: 1/1/08
|
HAVEN II |
|
HAVEN I & III |
|
|
Entrance Fee |
Monthly Fee |
Entrance Fee |
Monthly Fee |
| Two Bedroom Unit |
|
|
|
|
| 75% Refundable |
$97,000 |
$775 |
$114,000 |
$940 |
| Standard |
$74,000 |
$550 |
$90,000 |
$610 |
| Intermediate |
$57,000 |
$745 |
$73,000 |
$805 |
| Minimum |
$27,000 |
$1,105 |
$43,000 |
$1,165 |
| Rental Option* |
$7,000 |
$1,340 |
$8,000 |
$1,530 |
| One Bedroom Unit |
|
|
|
|
| 75% Refundable |
$71,000 |
$705 |
$87,000 |
$755 |
| Standard |
$53,000 |
$485 |
$68,000 |
$530 |
| Intermediate |
$38,000 |
$645 |
$53,000 |
$690 |
| Minimum |
$18,000 |
$880 |
$33,000 |
$925 |
| Rental Option* |
$6,000 |
$1,075 |
$7,000 |
$1,230 |
*Non-refundable deposit
The second occupant fee is $150 per month. Monthly fees and second occupant fees are not fixed rates and will increase from time to time.
This model allows resident to choose their desired Entrance Fee and the related Monthly Fee if they are financially eligible.
The minimum age is 70. Applicants under the age of 70 can inquire about special considerations.
MEALS - Each resident is required to purchase 15 meals per month from our dining room.
| Lunch |
Monday – Friday |
$6.75 |
| Evening Meal |
Monday – Friday |
$8.25 |
| Saturday Noon Meal |
|
$8.25 |
| Sunday Noon Meal |
|
$8.25 |
Pricing Effective 7/1/07
Holiday meals (price of guest meal is higher on Holidays) $10.00 - $15.00
Contact Food Service Manager for more than four guests
AMORTIZATION OF ENTRANCE FEES
75% Refundable Entrance Fee
Twenty-five percent (25%) of the Entrance Fee shall be immediately amortized on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entry fee shall remain unamortized and fully refundable, without interest, upon termination of the Agreement for any reason. The Refund shall be paid in accordance with the terms of this Agreement.
Amortization of the Entrance Fee for Standard, Intermediate and Minimum Options
Five percent (5%) of the Entrance Fee shall be immediately amortized on the Designated Occupancy Date or occupancy, whichever is earlier. The balance of the Entrance Fee shall be amortized and earned by the Retirement Community at the rate of twenty-four percent (24%) for the first year, eighteen percent (18%) for the second year, eighteen percent (18%) for the third year, twelve percent (12%) for the fourth year, twelve percent (12%) for the fifth year and eleven percent (11%) for the sixth year pro-rated monthly during a period of six years from the Designated Occupancy Date or occupancy, whichever is earlier. At the conclusion of the six (6) year amortization period, the Entrance Fee shall be earned in full by the Retirement Community.
Rental Entrance Fee
The Entrance Fee is a non-refundable deposit payable to Retirement Community and is not amortized.
DAILY RATES
Effective: 7/1/07
|
LUND CARE CENTER |
| Private/Skilled Nursing |
$229 |
| Private/Heavy-Intermediate |
$229 |
| Private/Intermediate |
$214 |
Room rates are subject to change with thirty days prior notice.
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1.888.352.1571