A residential home that is used for the housing and care of elderly residents. The RAL provides room, board, housekeeping, supervision, and personal care and assistance with Activities of Daily Living (ADLs). Additionally, there is the “Golden Girls” model, which provides housing, but does not provide care.
Filed under Alternative Investing, Investment Strategy
Related terms
- Corporate Housing2023
- Wholesaling2023
- Urban Sprawl2023
- Turnkey Rental2023
- Turnkey Provider2023
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