FFC is developing a market rate alternative for independent senior living for those residents who no longer desire to own but want to stay in the community. This will allow for the citizens of the local community to age in place.
Our senior residents will come from a five- to ten-mile radius of our developments. They no longer desire to own and maintain their home or can no longer afford to do so, but prefer to stay in the area to be close to family and friends. Our developments allow for these senior citizens to remain in the community that they grew up and raised their families in, to continue attending their place of worship, to enjoy their local restaurants and entertainment facilities, and to continue seeing their own doctors which in turn contributes to the economic welfare of the community.
The 65+ population will nearly double from 48 to 92 million by 2055, compared with a 30% increase in the population as a whole. The 65+ age group will be, by far, the fastest growing segment of the population over the next 40 years.
Compelling Supply & Demand Trends
Target Market Selection Criteria