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Acts Retirement-Life Communities

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Namestring
Acts Retirement-Life Communities
Legal namestring
Acts Retirement-Life Communities, Inc.
Company typeenum
Private
Founded yearint
1972
Descriptiontext

Acts Retirement-Life Communities, Inc. is a Pennsylvania-incorporated, not-for-profit operator of continuing care retirement communities (CCRCs), also marketed as Life Plan Communities, founded in 1972 out of a suburban Philadelphia church's concern for dignified retirement living. The organization operates 28 campuses across nine East Coast states (Alabama, Delaware, Florida, Georgia, Maryland, New Jersey, North Carolina, Pennsylvania, and South Carolina), serving more than 11,000 residents with approximately 8,600 team members. Its core product is the Acts Life Care contract — a Type A comprehensive CCRC agreement under which an upfront entrance fee (ranging from $100,000 to over $500,000) and recurring monthly service fees ($2,000–$10,000 depending on care level) prepay all future long-term healthcare costs at predictable pricing. Each campus delivers a full continuum of care — independent living, assisted living, memory care, skilled nursing, and rehabilitation — enabling aging-in-place without relocation.

The revenue model combines one-time entrance fees with subscription-style recurring monthly service fees. Acts sells primarily through a campus-based direct sales motion: dedicated retirement counselors at each of the 28 locations provide personalized consultations, financial assessments, and tours. The organization supplements direct outreach with content marketing (educational knowledge base, blog, annual reports), community events (e.g., the 34th Annual Acts Golf Classic raising $263K+ for the Samaritan Fund), and a channel partnership with LivNow Relocation Specialists offering certified moving services. Ancillary programs include the Samaritan Fund (financial hardship assistance), the Acts Legacy Foundation (charitable arm), and a Travel Program enabling residents to visit other Acts campuses.

Strategic differentiation rests on the 50-plus-year operating history, a 98% resident satisfaction rating, a Fitch A- credit rating, and the not-for-profit mission (revenue reinvested into communities rather than distributed to shareholders). The platform is supported by an unusually broad executive bench including CEO, President/CFO, COO, CTO, Chief Integration & Innovation Officer, CMO, CSO, CHRO, and a Chief Medical Director. Recent strategic activity includes the affiliation of The Terraces at Bonita Springs (Florida, 2024), a $68.53M Series 2023 Tax-Exempt Bond issuance (January 2024), a workforce development partnership with Arcadia University (April 2026), and a planned CEO succession from Gerald T. Grant to Karen Christiansen effective January 2027.

Short descriptiontext

Acts Retirement-Life Communities is a not-for-profit operator of 28 continuing care retirement communities across nine East Coast states, serving over 11,000 seniors through its Type A Life Care contract, which prepays long-term healthcare via entrance and monthly fees.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersFort Washington, United States
HQ citystring
Fort Washington
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices27 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
senior living communities, continuing care retirement, independent living services, assisted living care, memory care services
Industry3 codes
1Life Plan / Entrance-Fee CCRCs
CodeHLADAEAAPrimaryYes
2Continuing Care Retirement Communities (CCRC) with Memory Care
CodeHLADACADPrimaryNo
3Luxury / High-End CCRCs
CodeHLADAEAIPrimaryNo
NAICS code4 codes
  • Continuing Care Retirement Communities623311
  • Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly6233
  • Assisted Living Facilities for the Elderly623312
  • Nursing and Residential Care Facilities623
SIC code2 codes
  • Services-Nursing & Personal Care Facilities8050
  • Services-Skilled Nursing Care Facilities8051
Product category
Continuing Care Retirement Community (Senior Living)
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1CCRC Entrance Fees
TypeOne Time License
Description

One-time upfront entrance fees ranging from $100,000 to $500,000+ depending on location, residence type, and contract type. Entrance fees prepay future healthcare costs and secure residency within the community.

actsretirement.org
2Monthly Service Fees
TypeSubscription Recurring
Description

Recurring monthly fees ranging from $2,000 to $10,000 depending on care level (independent living $2,000-$5,000, assisted living $4,500-$7,000, memory care $6,000-$10,000). Monthly fees cover maintenance, utilities, dining, amenities, activities, and under Life Care contracts, all healthcare services.

actsretirement.org
3Acts Life Care Premier Plan
TypeSubscription Recurring
Description

Comprehensive Type A contract with higher entrance fee but predictable healthcare costs. Monthly fees never increase based on need for higher level of care (assisted living, skilled nursing, memory care).

actsretirement.org
4Acts Balanced Plan
TypeSubscription Recurring
Description

Alternative contract option with lower entrance price for those not seeking the full benefits of the Premier plan. Provides flexibility for residents with different financial goals.

actsretirement.org
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain
Pricing details5 tiers
1Independent Living: Entrance fee $100,000-$500,000+, Monthly fee $2,000-$5,000
ModelSubscriptionBilling cadenceMonthly
Notes

Entrance fees vary by location and contract type. Monthly fees cover maintenance, utilities, dining, amenities, and activities. Under Life Care contracts, healthcare services are included.

actsretirement.org
2Assisted Living: Monthly fee $4,500-$7,000
ModelSubscriptionBilling cadenceMonthly
Notes

Includes assistance with daily activities, meals, housekeeping, and medical oversight. Under Type A Life Care contracts, these services are included in the monthly fee without increase.

actsretirement.org
3Memory Care: Monthly fee $6,000-$10,000
ModelSubscriptionBilling cadenceMonthly
Notes

Higher cost due to specialized dementia care, 24/7 supervision, and secure environments. Under Life Care contracts, memory care is included without additional charges.

actsretirement.org
4Acts Life Care Premier Plan - Comprehensive Type A Contract
ModelSubscriptionBilling cadenceMonthly
Notes

Higher entrance fee with guaranteed healthcare coverage. Monthly fees never increase solely due to need for higher care level. Includes assisted living, skilled nursing, memory care, and rehabilitation.

actsretirement.org
5Acts Balanced Plan - Modified Contract
ModelSubscriptionBilling cadenceMonthly
Notes

Lower entrance price for those not requiring full Premier plan benefits. Provides flexibility with different financial planning goals.

actsretirement.org
GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

Acts Retirement-Life Communities operates 28 not-for-profit continuing care retirement communities (CCRCs / Life Plan Communities) across nine East Coast states, selling residential living with a full continuum of on-campus care — Independent Living, Assisted Living, Memory Care, and Skilled Nursing — bundled under the Acts Life Care contract that prepays future long-term healthcare at predictable monthly rates. Residents pay one-time entrance fees plus recurring monthly service fees covering housing, dining, amenities, and (under Life Care) all future healthcare.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 98% resident satisfaction rating
+4 more records
Product overview1 text field

Acts Retirement-Life Communities operates as a network of 28 continuing care retirement communities (CCRCs), also known as Life Plan Communities, spanning nine East Coast states. The core offering is the Acts Life Care contract, a Type A contract that prearranges long-term healthcare with predictable monthly fees. The platform offers a continuum of care from Independent Living (for adults 55+) through Assisted Living, Memory Care, and Skilled Nursing—all within the same campus. Key products include the Acts Life Care Premier Benefits (comprehensive coverage with no increase to monthly costs for higher care levels), the Acts Balanced Plan (lower-cost entry option), the Samaritan Fund (financial hardship assistance), Travel Program (inter-community visitation), and LivNow Relocation Specialists (moving coordination). The Terraces at Bonita Springs in Florida represents the organization's newest community affiliate.

Product and service1 record
1Acts Life Care
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-04-30
Description

Workforce development partnership providing Acts' approximately 8,600 team members access to over 150 industry-recognized certificate programs focused on allied health, skilled trades, and leadership development. Programs offered in flexible online and hybrid formats support continuing education units and professional advancement across 28 senior living communities in nine East Coast states. Partnership aligned with both organizations' commitment to investing in employee growth and preparing workers for evolving workforce demands.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Partnership provides personal relocation specialists who serve as single points of contact for all aspects of residents' moves to Acts communities. Certified partners include vetted realtors, professional organizers, movers, and other service providers who are licensed, bonded, insured, and perform background checks. Relocation consulting services are free for residents choosing to move to Acts communities; residents only pay for certified supplier services they choose.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

One of the largest U.S. skilled nursing facility operators. Comparable in skilled nursing component of Acts' continuum, but focused on post-acute and SNF rather than full CCRC/Life Plan model.

TypeDirect peer
Description

One of the largest U.S. operators of not-for-profit continuing care retirement communities with 20+ campuses across the country. Closest comparable in scale, CCRC model, and not-for-profit status.

TypeDirect peer
Description

Manages the largest portfolio of CCRCs/Life Plan Communities in the U.S., including many large not-for-profit communities. Directly comparable in product offering, target resident, and contract structure.

TypeDirect peer
Description

Not-for-profit operator of continuing care retirement communities across the Mid-Atlantic and Southeast. Comparable in continuum-of-care model, regional footprint, and mission-driven structure.

TypeDirect peer
Description

Not-for-profit provider of senior living and affordable housing, including CCRCs. Comparable in charitable mission, resident population, and continuum-of-care service model.

TypeDirect peer
Description

Not-for-profit CCRC operator serving Virginia with multiple Life Plan Communities. Comparable in Type A contract offerings and faith-based mission orientation.

TypeDirect peer
Description

Not-for-profit operator of CCRCs and affordable senior housing, primarily in California. Comparable in mission-driven senior living and continuum-of-care delivery.

TypeBroad incumbent
Description

Largest U.S. senior living operator with ~650 communities across independent living, assisted living, and memory care. Comparable resident population, but for-profit with much broader portfolio and lower-end pricing.

TypeBroad incumbent
Description

Large U.S. and U.K. senior living operator focused on assisted living and memory care. Comparable in resident demographics and care services, but for-profit and narrower care continuum than Acts.

TypeBroad incumbent
Description

Large not-for-profit operator of senior living, CCRCs, and skilled nursing across the U.S. Comparable in mission, faith-based heritage, and continuum-of-care offering.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles10 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Acts Retirement-Life Communities

Continuing Care Retirement Community (Senior Living)actsretirement.org

Acts Retirement-Life Communities is a not-for-profit operator of 28 continuing care retirement communities across nine East Coast states, serving over 11,000 seniors through its Type A Life Care contract, which prepays long-term healthcare via entrance and monthly fees.

What Acts Retirement-Life Communities does

Acts Retirement-Life Communities, Inc. is a Pennsylvania-incorporated, not-for-profit operator of continuing care retirement communities (CCRCs), also marketed as Life Plan Communities, founded in 1972 out of a suburban Philadelphia church's concern for dignified retirement living. The organization operates 28 campuses across nine East Coast states (Alabama, Delaware, Florida, Georgia, Maryland, New Jersey, North Carolina, Pennsylvania, and South Carolina), serving more than 11,000 residents with approximately 8,600 team members. Its core product is the Acts Life Care contract — a Type A comprehensive CCRC agreement under which an upfront entrance fee (ranging from $100,000 to over $500,000) and recurring monthly service fees ($2,000–$10,000 depending on care level) prepay all future long-term healthcare costs at predictable pricing. Each campus delivers a full continuum of care — independent living, assisted living, memory care, skilled nursing, and rehabilitation — enabling aging-in-place without relocation.

The revenue model combines one-time entrance fees with subscription-style recurring monthly service fees. Acts sells primarily through a campus-based direct sales motion: dedicated retirement counselors at each of the 28 locations provide personalized consultations, financial assessments, and tours. The organization supplements direct outreach with content marketing (educational knowledge base, blog, annual reports), community events (e.g., the 34th Annual Acts Golf Classic raising $263K+ for the Samaritan Fund), and a channel partnership with LivNow Relocation Specialists offering certified moving services. Ancillary programs include the Samaritan Fund (financial hardship assistance), the Acts Legacy Foundation (charitable arm), and a Travel Program enabling residents to visit other Acts campuses.

Strategic differentiation rests on the 50-plus-year operating history, a 98% resident satisfaction rating, a Fitch A- credit rating, and the not-for-profit mission (revenue reinvested into communities rather than distributed to shareholders). The platform is supported by an unusually broad executive bench including CEO, President/CFO, COO, CTO, Chief Integration & Innovation Officer, CMO, CSO, CHRO, and a Chief Medical Director. Recent strategic activity includes the affiliation of The Terraces at Bonita Springs (Florida, 2024), a $68.53M Series 2023 Tax-Exempt Bond issuance (January 2024), a workforce development partnership with Arcadia University (April 2026), and a planned CEO succession from Gerald T. Grant to Karen Christiansen effective January 2027.

Acts Retirement-Life Communities firmographics

Firmographics
Name
Acts Retirement-Life Communities
Legal name
Acts Retirement-Life Communities, Inc.
Website
https://actsretirement.org
Company type
Private
Founded year
1972
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
Acts Retirement-Life Communities is a not-for-profit operator of 28 continuing care retirement communities across nine East Coast states, serving over 11,000 seniors through its Type A Life Care contract, which prepays long-term healthcare via entrance and monthly fees.
Ownership category
akta.pro rank

Acts Retirement-Life Communities industry classification

Industry
Product category
Continuing Care Retirement Community (Senior Living)
NAICS
Continuing Care Retirement Communities (623311), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Assisted Living Facilities for the Elderly (623312), Nursing and Residential Care Facilities (623)
SIC
Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051)
akta.pro primary industry
Life Plan / Entrance-Fee CCRCs (HLADAEAA)
akta.pro secondary industries
Continuing Care Retirement Communities (CCRC) with Memory Care (HLADACAD), Luxury / High-End CCRCs (HLADAEAI)

Keywords

  • Senior living communities
  • Continuing care retirement
  • Independent living services
  • Assisted living care
  • Memory care services

Where Acts Retirement-Life Communities is headquartered

Location

Headquarters

HQ city
Fort Washington
HQ country
United States
HQ region
North America

Offices27 records

Markets served

Acts Retirement-Life Communities business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

  1. CCRC Entrance Fees: One-time upfront entrance fees ranging from $100,000 to $500,000+ depending on location, residence type, and contract type. Entrance fees prepay future healthcare costs and secure residency within the community.
  2. Monthly Service Fees: Recurring monthly fees ranging from $2,000 to $10,000 depending on care level (independent living $2,000-$5,000, assisted living $4,500-$7,000, memory care $6,000-$10,000). Monthly fees cover maintenance, utilities, dining, amenities, activities, and under Life Care contracts, all healthcare services.
  3. Acts Life Care Premier Plan: Comprehensive Type A contract with higher entrance fee but predictable healthcare costs. Monthly fees never increase based on need for higher level of care (assisted living, skilled nursing, memory care).
  4. Acts Balanced Plan: Alternative contract option with lower entrance price for those not seeking the full benefits of the Premier plan. Provides flexibility for residents with different financial goals.

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyIndependent Living: Entrance fee $100,000-$500,000+, Monthly fee $2,000-$5,000
SubscriptionMonthlyAssisted Living: Monthly fee $4,500-$7,000
SubscriptionMonthlyMemory Care: Monthly fee $6,000-$10,000
SubscriptionMonthlyActs Life Care Premier Plan - Comprehensive Type A Contract
SubscriptionMonthlyActs Balanced Plan - Modified Contract

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Acts Retirement-Life Communities product offering

Product offering

Core offering

Acts Retirement-Life Communities operates 28 not-for-profit continuing care retirement communities (CCRCs / Life Plan Communities) across nine East Coast states, selling residential living with a full continuum of on-campus care — Independent Living, Assisted Living, Memory Care, and Skilled Nursing — bundled under the Acts Life Care contract that prepays future long-term healthcare at predictable monthly rates. Residents pay one-time entrance fees plus recurring monthly service fees covering housing, dining, amenities, and (under Life Care) all future healthcare.

Product overview

Acts Retirement-Life Communities operates as a network of 28 continuing care retirement communities (CCRCs), also known as Life Plan Communities, spanning nine East Coast states. The core offering is the Acts Life Care contract, a Type A contract that prearranges long-term healthcare with predictable monthly fees. The platform offers a continuum of care from Independent Living (for adults 55+) through Assisted Living, Memory Care, and Skilled Nursing—all within the same campus. Key products include the Acts Life Care Premier Benefits (comprehensive coverage with no increase to monthly costs for higher care levels), the Acts Balanced Plan (lower-cost entry option), the Samaritan Fund (financial hardship assistance), Travel Program (inter-community visitation), and LivNow Relocation Specialists (moving coordination). The Terraces at Bonita Springs in Florida represents the organization's newest community affiliate.

Differentiator

Problem solved

Functional benefit

Products and services

  • Acts Life Care

Quantifiable outcome

  • 98% resident satisfaction rating
  • +4 more outcomes

Companies that use Acts Retirement-Life Communities

Customer profile

Named customers1 record

Segments5 records

Ideal customer profiles2 records

Acts Retirement-Life Communities technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

Acts Retirement-Life Communities partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Arcadia UniversitycoreStrategic or Co-development Partner · 30 April 2026Workforce development partnership providing Acts' approximately 8,600 team members access to over 150 industry-recognized certificate programs focused on allied health, skilled trades, and leadership development. Programs offered in flexible online and hybrid formats support continuing education units and professional advancement across 28 senior living communities in nine East Coast states. Partnership aligned with both organizations' commitment to investing in employee growth and preparing workers for evolving workforce demands.
  • LivNow Relocation SpecialistscoreChannel Partner/ Reseller/ DistributorPartnership provides personal relocation specialists who serve as single points of contact for all aspects of residents' moves to Acts communities. Certified partners include vetted realtors, professional organizers, movers, and other service providers who are licensed, bonded, insured, and perform background checks. Relocation consulting services are free for residents choosing to move to Acts communities; residents only pay for certified supplier services they choose.

Scale indicators8 records

Recent moves7 records

Expansion highlights4 records

Acts Retirement-Life Communities competitors and assessment

Company assessment

Broad incumbents

  • Genesis HealthCare: One of the largest U.S. skilled nursing facility operators. Comparable in skilled nursing component of Acts' continuum, but focused on post-acute and SNF rather than full CCRC/Life Plan model.
  • Brookdale Senior Living: Largest U.S. senior living operator with ~650 communities across independent living, assisted living, and memory care. Comparable resident population, but for-profit with much broader portfolio and lower-end pricing.
  • Sunrise Senior Living: Large U.S. and U.K. senior living operator focused on assisted living and memory care. Comparable in resident demographics and care services, but for-profit and narrower care continuum than Acts.
  • Good Samaritan Society (Sanford Health): Large not-for-profit operator of senior living, CCRCs, and skilled nursing across the U.S. Comparable in mission, faith-based heritage, and continuum-of-care offering.

Direct peers

  • Erickson Senior Living: One of the largest U.S. operators of not-for-profit continuing care retirement communities with 20+ campuses across the country. Closest comparable in scale, CCRC model, and not-for-profit status.
  • Life Care Services: Manages the largest portfolio of CCRCs/Life Plan Communities in the U.S., including many large not-for-profit communities. Directly comparable in product offering, target resident, and contract structure.
  • Asbury Communities: Not-for-profit operator of continuing care retirement communities across the Mid-Atlantic and Southeast. Comparable in continuum-of-care model, regional footprint, and mission-driven structure.
  • National Church Residences: Not-for-profit provider of senior living and affordable housing, including CCRCs. Comparable in charitable mission, resident population, and continuum-of-care service model.
  • Pinnacle Living: Not-for-profit CCRC operator serving Virginia with multiple Life Plan Communities. Comparable in Type A contract offerings and faith-based mission orientation.
  • Front Porch: Not-for-profit operator of CCRCs and affordable senior housing, primarily in California. Comparable in mission-driven senior living and continuum-of-care delivery.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Acts Retirement-Life Communities social profiles

Digital presence

Acts Retirement-Life Communities financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Acts Retirement-Life Communities leadership team

Management profile

Number of profiles

Profiles10 records

Acts Retirement-Life Communities funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Acts Retirement-Life Communities M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Acts Retirement-Life Communities

What does Acts Retirement-Life Communities do?

Acts Retirement-Life Communities operates 28 not-for-profit continuing care retirement communities (CCRCs / Life Plan Communities) across nine East Coast states, selling residential living with a full continuum of on-campus care — Independent Living, Assisted Living, Memory Care, and Skilled Nursing — bundled under the Acts Life Care contract that prepays future long-term healthcare at predictable monthly rates. Residents pay one-time entrance fees plus recurring monthly service fees covering housing, dining, amenities, and (under Life Care) all future healthcare.

Is Acts Retirement-Life Communities a public or private company?

Acts Retirement-Life Communities is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Acts Retirement-Life Communities founded?

Acts Retirement-Life Communities was founded in 1972. It employs 5,001 to 10,000 people.

Where is Acts Retirement-Life Communities based?

Acts Retirement-Life Communities is headquartered in Fort Washington, United States, in the North America region.

How does Acts Retirement-Life Communities make money?

Four revenue lines are on record. CCRC Entrance Fees are the primary driver. The others are monthly Service Fees, acts Life Care Premier Plan and acts Balanced Plan.

Who are Acts Retirement-Life Communities's main competitors?

Broad incumbents on record are Genesis HealthCare, Brookdale Senior Living, Sunrise Senior Living and Good Samaritan Society (Sanford Health). Direct peers are Erickson Senior Living, Life Care Services, Asbury Communities, National Church Residences, Pinnacle Living and Front Porch.

Does Acts Retirement-Life Communities have an API?

No public API is recorded for Acts Retirement-Life Communities.

What industry is Acts Retirement-Life Communities in?

Acts Retirement-Life Communities's product category is Continuing Care Retirement Community (Senior Living). Its primary akta.pro industry code is HLADAEAA, Life Plan / Entrance-Fee CCRCs, with a secondary code of HLADACAD, Continuing Care Retirement Communities (CCRC) with Memory Care. Its NAICS code is 623311 and its SIC code is 8050.

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Live signals
PR NewswireArcadia University and Acts Retirement-Life Communities Announce Workforce Development PartnershipArcadia University announced a workforce development partnership with Acts Retirement-Life Communities, providing Acts' team members access to over 150 industry-recognized certificate programs focused on allied health, skilled trades, and leadership development. The programs, offered in flexible online and hybrid formats, will support continuing education units and professional advancement for approximately 8,600 Acts employees across 28 senior living communities in nine East Coast states. Both organizations described the partnership as aligned with their commitment to investing in employee growth and preparing workers for evolving workforce demands.citybizActs Retirement-Life Communities Appoints Karen Christiansen as CEOActs Retirement-Life Communities' Board of Directors has named Karen I. Christiansen, currently President, as the organization's next CEO, effective January 1, 2027, succeeding Gerald T. Grant who is retiring after nearly four decades with the organization. Christiansen, who joined Acts in 1996 and previously served as Executive Vice President & CFO before becoming President in 2020, will become the not-for-profit senior living provider's sixth CEO. The organization is the nation's third largest not-for-profit, multi-site senior living operator, serving over 11,000 residents across nine states.PR NewswireActs Retirement-Life Communities Announces Karen Christiansen as Next Chief Executive OfficerACTS Retirement-Life Communities announced that its Board of Directors has named Karen I. Christiansen, currently President, as the organization's next Chief Executive Officer, effective January 1, 2027. Christiansen will succeed Gerald T. Grant, who announced his retirement after nearly four decades with the not-for-profit senior living provider. Christiansen joined Acts in 1996, previously served as Executive Vice President & CFO, and was elected to the Board in 2023.PrwebZiegler Closes $68,530,000 Financing For ACTS Retirement-Life Communities, Inc.Ziegler facilitated the closing of a $68,530,000 Series 2023 Tax-Exempt Bond financing for ACTS Retirement-Life Communities, Inc. The transaction involved bonds issued through industrial development authorities in Pennsylvania and Delaware to support the not-for-profit senior living provider. This financial closure supports ACTS, which operates 27 communities across nine states.ZieglerZiegler Closes $68,530,000 Financing For ACTS Retirement-Life Communities, Inc.Ziegler has closed a $68,530,000 financing deal for ACTS Retirement-Life Communities, Inc. through the issuance of Series 2023 Tax-Exempt Bonds. The proceeds are designated to reimburse a line of credit for prior project costs in Delaware and to fund future development expenses in both Delaware and Pennsylvania.SeniorhousingnewsTransactions and Financings: Ziegler Closes on $68.5M for Acts Retirement-Life Communities; Brookdale Secures $179.5M RefinancingJLL Capital Markets closed a $179.5 million fixed-rate loan for Brookdale to refinance existing debt, while Ziegler secured $68.5 million in tax-exempt bonds for Acts Retirement-Life Communities to fund project costs and reimburse lines of credit. Concurrently, LTC Properties completed transactions reducing its revenue concentration from Brookdale by 40%, marking a favorable outcome for the real estate investment trust.PR NewswireMease Life Affiliates With Acts Retirement-Life CommunitiesMease Life, a not-for-profit continuing care retirement community in Dunedin, Florida, has completed an affiliation with Acts Retirement-Life Communities, Inc., joining its network of 27 CCRCs across nine states on the East Coast. The affiliation provides Mease Life with enhanced purchasing power, expertise, resources, and career opportunities while expanding Acts' presence in Florida, where it now operates four other senior living communities. Acts Retirement-Life Communities is the nation's fourth largest not-for-profit senior living organization with $2.4 billion in assets and an A- rating from Fitch Ratings.PR NewswireActs Retirement-Life Communities to Celebrate 50th Anniversary of Senior Living LeadershipActs Retirement-Life Communities, one of the nation's largest not-for-profit senior living organizations, is celebrating its 50th anniversary with events throughout 2022, marking five decades of serving older adults through its continuing care retirement community (CCRC) model. Founded in the early 1970s by a pastor and church members in suburban Philadelphia, the organization now serves over 10,000 residents across communities in nine states and ranks as the third largest not-for-profit CCRC system according to the 2021 LeadingAge Ziegler 200. The organization announced plans to continue its growth trajectory through alliances, affiliations, acquisitions, and new development, reinvesting approximately $133 million annually into its communities.PR NewswireK4Connect and Acts Retirement-Life Communities Partner to Deliver the Ultimate Integrated Senior Living Community Experience for Older AdultsK4Connect, a technology company serving older adults and those with disabilities, announced a strategic technology partnership with Acts Retirement-Life Communities, one of the nation's largest not-for-profit senior living organizations, to deploy K4Connect's K4Community solution across Acts' 26 continuing care retirement communities. The deployment, powered by K4Connect's FusionOS operating system, will include several technology modules such as resident check-in automation, smart home integration, a resident-facing app, and voice-first experiences, potentially reaching over 8,500 residents and staff throughout 2021. The partnership aligns two mission-driven organizations committed to advancing technology innovation in the senior living industry.PR NewswireActs Retirement-Life Communities Announces New Name for Matthews, North Carolina Senior Living CommunityActs Retirement-Life Communities has renamed its senior living retirement community in Matthews, North Carolina from Plantation Estates to Matthews Glen, following a vote by residents and staff members. The organization cited sensitivity to the controversial connotations of the word 'plantation' and a commitment to being recognized as an open and inclusive community. The not-for-profit continuing care retirement community, which has served the Matthews area since 1988, houses approximately 740 residents on its 124-acre campus.