QLD operator Tall Trees inform us that they just achieved an average of three sales per month each across their five villages and moving to four per month after a revamp of their marketing proposition. Given an average price exceeding $400K and a significant DMF to fund services, they are demonstrating the attraction of providing care in place. Their model is full care but delivered under the Retirement Village Act. See http://www.villages.com.au/info-centre/post/retirement-villages/tall-trees-care-communities-introduction
Breaking news: For Purpose Investment Partners’ aged care platform buys Graeme Croft’s Signature Care
For Purpose Aged Care Australia (FPACA), the aged care provider established by social impact investment vehicle For Purpose Investment Partners (FPIP), is moving forward on its vision of reaching 5,000 beds, acquiring 14 aged care homes – eight on...