Oct 12 2009
Florida Senior Living Provider Enacts Rent Guarantee
I remember when I was helping my elderly father select a Florida senior living facility, one of the biggest issues for him was cost: What does it cost up front? What does it cost each month? And most importantly – will those costs increase every year? As someone living on a fixed income, he didn’t want to move into a senior community where he couldn’t afford to stay – forever.
The facility he selected guarantees only nominal increases each year, which gave him the peace of mind he was looking for. But I just learned about a Florida senior living provider that is going one better: Aston Gardens, which operates six senior communities in Florida, has enacted a three-year rent guarantee for new independent living residents. 
“We know that times are uncertain and many seniors are faced with the worries associated with living on their own. Seniors who live on their own never know if the property taxes on their residence will skyrocket or when they’ll be hit with an unexpected, expensive home repair bill. Our three year Peace of Mind Rent Protection Guarantee means seniors will never have to stress about their monthly bills — everything remains the same month after month,” said Diana Ferrante Thies of Aston Gardens.
Aston Gardens has senior facilities in Parkland, Naples, Venice, Tampa and two in Sun City Center.
Maybe there are other senior living facilities around the state offering this type of rent-control program. If you know of any, please let me know.