Developed specifically to suite the needs of “Seasoned Citizens”
LIFE LEASE Residents benefit financially from:
- NON TAXABLE INCOME status of the Non Profit Corporation
- NOT-FOR-PROFIT Operating for the life of the Project
- NO RISK OF CAPITAL DEPRECIATION
- LOWER BORROWING RATES via Bulk Mortgage Financing
- MANY OTHER BENEFITS outlined below
For those interested in more details:
Our Life Lease Housing
The Life Lease Housing listed below were either developed by Acorn or are managed by Murdoch Management (or both).
