Capital Manor is a Not-For-Profit Retirement Community
Capital Manor in Salem, Oregon, is a not-for-profit Life Plan Community offering Independent Living and access to on-site Residential Care and Memory Care services.
Residents can select from 83 villas, townhomes, and terrace apartments in this community that also features a health care center and many social activities. Learn more about CCRC costs and fees with Seniorly’s free life plan retirement community guide.
Capital Manor Retirement Community in Salem, Oregon, is a not-for-profit life plan community providing independent living, residential care, and memory care services. Residents enjoy numerous amenities and social activities within its environs, including health care services, shops, and several churches in its neighborhood.
Independent living communities provide a viable solution for seniors who wish to maintain independence but lack the energy or ability to care for a home with all its maintenance. These communities offer apartments, villas, amenities, and services designed to make life more comfortable – including meals, housekeeping services, and transportation – making life simpler for their residents. Furthermore, many of these communities also provide wellness programs that promote physical activity among members.
Retirement communities provide seniors with extra assistance who require extra care. Assisted living communities (often called personal or residential care homes) assist residents with daily tasks like bathing and grooming and helping manage medication or any individual needs they may have. Some communities even provide memory care services for people suffering from Alzheimer’s disease and related forms of dementia.
As various senior living communities are available, you must select one that meets your needs and requirements. Doing so can significantly enhance quality of life and independence; retirement communities provide an ideal venue for meeting new people while keeping busy and active.
Capital Manor Retirement Community is a Continuing Care Retirement Community (CCRC). Residents pay an entrance fee to cover operating expenses and prepay some future care fees in advance – helping reduce financial instability risk. Furthermore, experienced professionals typically staff these communities. However, before making your final decision, there are a few key points you should keep in mind before making your final choice.
Capital Manor in Salem, Oregon, offers life care retirement living with a comprehensive selection of healthcare services for independent living in one and two-bedroom villas, terrace apartments, and townhomes for residents requiring independent living assistance. There’s also a residential care center and state-licensed memory care facility on-site; residents enjoy an active lifestyle in a safe social environment close to conveniences like pharmacies and churches.
Monthly fees cover an array of services and benefits, such as flat linen service, housekeeping services, maintenance of facilities, transportation to shopping and entertainment locations, as well as choice meals served daily and access to fitness center, swimming pool, and whirlpool spa – in addition to on-site bank, beauty salon, and library amenities. Staff are welcoming and genuine individuals who go above and beyond to make residents feel at home.
Capital Manor is a non-profit corporation owned by its residents and has been under an agreement with a national senior living operator since 2010. Since 2010, their management company has provided oversight. Capital Manor holds a “BBB-” credit rating to reflect strong revenue defensibility balanced against elevated debt leverage levels and relatively stable midrange operating risk profiles.
Capital Manor offers independent living communities explicitly designed to help seniors maintain their independence and enhance their quality of life, featuring services provided by professionally trained caregivers with 24-hour emergency response systems in place.
Over the past several years, Capital Manor has taken on substantial debt due to expansion projects; however, its revenue base is diverse, and capital reserves are adequate to cover ongoing operating expenses. Furthermore, the community boasts a sound business model with entry fees that align with market pricing trends.
Capital Manor is a nationally accredited continuing care community that offers various housing and health care options. Residences feature spacious floor plans and fully-equipped kitchens; residents enjoy social activities and programs such as gardening classes, exercise programs, and outdoor excursions, while its staff and volunteers help them remain healthy and active.
Living in a memory care community doesn’t just involve receiving help with daily activities; these communities also provide a safe environment and tailored support services for seniors living with dementia and Alzheimer’s disease, in addition to social and recreational activities. Selecting the correct memory care community can make a massive difference in the quality of life for you or a loved one – look for memory care communities close to hospitals with transportation services provided so they can quickly get to appointments or shopping trips.
Capital Manor offers residents an enjoyable, energetic, and fulfilling retirement community experience that is both maintenance-free and accessible to the continuum of care at an affordable cost. Their well-designed, friendly community offers all that Salem, Oregon, has to offer and much more.
Ziegler is the country’s leading underwriter of financings for not-for-profit senior living providers. Their tailored solutions include investment banking, financial risk management, merger and acquisition services, seed capital funding options from FHA/HUD, and capital and strategic planning services.
Capital Manor Life Plan Community project included a 34-bed Memory Care Addition, maintenance facility, and extensive remodel work on existing buildings. LRS Design Group worked closely with the community to establish a cohesive transitional style between these facilities; LRS designed a natural light-filled Memory Care building featuring moss walls, libraries, music rooms, and lounges all equipped with fireplaces that help lift spirits – plus large windows and skylights to maximize natural lighting inside its spaces.
Charlie and Ellen Weyant knew they wanted a Life Plan Community where they would have the freedom to enjoy retirement without worry while knowing if their needs changed, there would be access to residential care or memory care on-site. That is precisely what happened to them in Salem, Oregon.
Charlie and Ellen will enjoy all the advantages of living independently while taking advantage of social, recreational, and entertainment offerings at Capital Manor. For instance, they can dine at Magnolia Dining Room with friends and family or enjoy a drink in the 10th Floor Lounge before enjoying lunch in one of their newly constructed villas designed with open-concept great rooms and outdoor covered patios – perfect for hosting ladies’ luncheons!
The Weyants look forward to spending less time cooking, cleaning, and maintaining their homes in favor of enjoying Capital Manor’s amenities – such as its fitness center, lecture series, or movie theater – or taking advantage of transportation services or planned trips into Salem and beyond.
One of the advantages of moving into a Continuing Care Retirement Community (CCRC) is paying one entrance fee, which covers some of its operating expenses and prepaying any future costs related to providing on-site residential care access. Depending on the size and number of residents living within each residence, one-time entrance fees could cover their lifetime residency and priority access to various levels of on-site residential health care that ranges from rehabilitation care to long-term support services.
Ziegler has secured $58 million in bond financing for Capital Manor Life Plan Community of Salem. Capital Manor operates 302 independent living apartments, 83 residential care beds, and 34 memory care beds; its bond refunding will refund 2012 bonds while funding an expansion project, including expanding memory care services and residential care facility.