The 90% Refundable Entrance Fee

Secure Senior Living in New Providence

Our financial structure keeps your costs stable and your investment secure.

Here’s how the 90% Refundable Entrance Fee works:

  • To secure your apartment home, you’ll pay a onetime 90% Refundable Entrance Fee.

  • If you ever move, 90% of your fee will be returned to you as per our refund process below.

  • If you decide to spend the rest of your life at our community, 90% of your entrance fee will be returned to your heirs. Refer to our Residence and Care Agreement for more information.

Our Simple Refund Process

After the following occur, 90% of your entrance fee is returned to you or your heirs:

  1. The apartment home has been vacated and the keys have been returned to the Sales and Information Office.

  2. You have formally released the unit for refurbishing so it can be made available to a new resident.

  3. The final bill has been approved.

Once these steps are completed, you will be given a Refund Number. As apartment homes across the community are resettled to fund the refund account, entrance fees are paid out in numerical order. This process allows us to more accurately predict when refunds will be disbursed.