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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 ...
Also known as a "horizontal" or "open" NORC, a neighborhood-based NORC is typically an age-integrated neighborhood of one- and two-family homes. Rural NORC. Also known as a Naturally Occurring Retirement Region (NORR), a rural NORC covers a large geographic area in which the population density is low, typically comprising one- and two family homes.
Erickson Senior Living was founded in 1983 by John C. Erickson as Erickson Retirement Communities. [2] The first location was a conversion of a Baltimore seminary in Catonsville, Maryland. [3] By 2009, Erickson operated a billion-dollar portfolio of properties in states from Massachusetts to Texas. [4] Erickson filed for Chapter 11 bankruptcy ...
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This has necessitated the development of retirement homes and communities in India. In response, one recent trend beginning to emerge in the Indian retirement industry is the "retirement resort": a long-term rental unit within a resort-like community that features many of the amenities of a traditional vacation resort.
New year, same old real estate market: The high mortgage rates, scarce inventory and dismal affordability that have plagued housing look set to linger. NBC Universal 1 month ago The housing market ...