Glenaire

APARTMENT PRICING

WEE LOCH APARTMENTS

COTTAGES

EXPANSION APARTMENTS

Traditional Entrance Fee Plan

2% of the Entrance Fee accrues to Glenaire each month less a 4% non-refundable fee. The refund decreases to zero over 48 months.
50% Refundable Plan: Traditional Entrance Fee x 1.5
2% of the Entrance Fee accrues to Glenaire each month for 23 months less a 4% non-refundable fee, after which the refund remains at 50%.
90% Refundable Plan: Traditional Entrance Fee x 1.9
1% of the Entrance Fee accrues to Glenaire each month for 6 months less a 4% non-refundable fee, after which the refund remains at 90%.

Wait List Deposit

To become a member of the Glenaire Wait List, please submit your application for residential living along with a $1,200 deposit. The deposit of $1,200 places your name on the list. Part of this amount is a $200 non-refundable administration fee. The remaining $1,000 is a refundable deposit that can be applied towards your Entrance Fee.

On Campus Levels of Care

Glenaire provides on-site continuing care with all private suites. Current Glenaire residents living independently have prepaid an Entrance Fee. Therefore, Glenaire residents have priority access to all facilities and levels of care and may move into any level of care with no additional Entrance Fee. Occasionally, when space is available, new residents may be admitted directly from the outside community into Glenaire, and they must pay a non-refundable Entrance Fee for the appropriate level of care upon admission.

TYPE OF ACCOMMODATION MONTHLY/DAILY FEES

Assisted Living $6,902
Skilled Nursing (Daily) $357

Entrance Fees and Wait List

The entrance fees start at $75,000 and have a wait list of approximately eight years for a studio or one-bedroom apartment and twelve plus years for a two-bedroom apartment or a cottage home.

Welcome to Glenaire

When you live at Glenaire, everything you need is at your fingertips. From multiple restaurants, fitness centers and salons to an art studio, every amenity is within a short walk on campus. Located near the Triangle, Glenaire is just minutes away from many other outstanding recreational and cultural opportunities. Glenaire enjoys a high occupancy along with a stable waiting list; it is never too soon to visit and make future plans.

Residency Requirements

Residents are required to move into Glenaire while they are in good health and independent. Glenaire residents have the peace of mind knowing that if their healthcare needs change, they have first priority into Assisted Living and Skilled Nursing.

Entrance Fees and Wait Times

The entrance fees start at $75,000 and have a wait list of approximately eight years for a studio or one-bedroom apartment and twelve plus years for a two-bedroom apartment or a cottage home. To respond to these wait times, we are currently under construction with a large expansion. This new apartment building will have 192 two-bedroom apartments with underbuilding parking and amenities under the same roof line. It is projected to be completed in the fall of this year. This building is currently fully reserved and we’re projecting wait times of roughly five years for these apartments.

2023 Schedule of Fees

I have attached the 2023 Schedule of Fees which includes fees for Assisted Living & Skilled Nursing.