What does it mean for a Continuing Care Retirement Community (CCRC) to be debt-free? The financial health of a continuing care retirement community is an important factor when choosing where to live.
Choosing a financially sound community should be just as important as checking out a community’s list of available recurring activities and events, as well as tasting what their dining venues have to offer.
For many residents, moving to a CCRC fulfills the desire to live out their retirement relatively stress-free. Knowing that your community is going to be around for the long term can alleviate that stress.
Did you know, John Knox Village of Central Florida is one of a few CCRCs in the state of Florida to be debt-free?
In fact, John Knox Village announced the full retirement of its debt on December 1, 2009, when the community’s $36 million bond issue was paid in full – a full eight years ahead of schedule!
To this day, the residents of John Knox Village can feel safe in knowing that not only do we continue to be debt-free, but our cash and cash equivalents remain stable from year to year.
If you are looking for a community where you don’t have to worry whether or not the community will be around for you in your golden years, John Knox Village of Central Florida has a variety of apartments, cottages, and villas that just might put your mind at ease.
Visit our events page to view a list of upcoming events or our small group tours, where you will explore the Village in an intimate setting, chat with our retirement counselors, and tour our Move-In Ready residences.
Call 386.775.0788 for more information or to sign up for a tour to find out more about life at John Knox Village of Central Florida.