Meadow Ridge

What Meadow Ridge does

Meadow Ridge is a single-campus luxury Continuing Care Retirement Community (CCRC) located on approximately 136 acres in Redding, Connecticut. The community offers 300+ independent living apartments and 62 licensed skilled nursing beds, with expanded assisted living and memory care capacity on-site, serving affluent residents aged 62 and over under a Type-A Lifecare contract structure. The operation is managed by Benchmark Senior Living, with Senior Care Development, LLC as the majority owner. Services span independent living, assisted living, memory care, skilled nursing and rehabilitation, supported by on-site amenities (dining, fitness, pools, sports courts, walking trails) and clinical functions delivered via in-house staff and partner organizations such as RVNAhealth.

The underlying delivery model combines a real estate component with a healthcare services operation. The community generates revenue primarily through (1) non-refundable or partially refundable one-time entrance fees ranging from $556,875 to $1,616,625+ depending on residence type and contract structure, and (2) recurring monthly service fees ranging from roughly $6,250 to $12,420+ per resident, with rates scaling across IL, AL, memory care and skilled nursing levels. Ancillary revenue sources include therapy and rehabilitation services, and ancillary clinical partnerships with hospital systems and home-health/hospice providers.

The asset is anchored by a relatively fixed physical footprint — a single, amenity-rich Connecticut campus — with no public evidence of second-site development. Operational priorities documented in the current period include campus renovations, a solar energy and EV charging project completed in late 2024, integration of VR-based rehabilitation programming, and partnership-driven expansion of clinical services such as the RVNAhealth clinic. Distribution and go-to-market rely on direct sales/marketing for residential move-ins and referral-channel partnerships for skilled nursing and rehabilitation, with reputation reinforced through recurring U.S. News distinctions across multiple award categories.

Name

Meadow Ridge

Legal name

Benchmark Senior Living

Website

https://meadowridge.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

251–500 employees

Short description

Meadow Ridge is a luxury Type-A Lifecare continuing care retirement community on a 136-acre campus in Redding, Connecticut, offering 300+ independent living apartments, assisted living, memory care and 62 skilled nursing beds for affluent residents aged 62 and over, operated by Benchmark Senior Living under Senior Care Development ownership.

Ownership category

akta.pro rank

Product category

Senior Living / Continuing Care Retirement Community (CCRC)

NAICS

Continuing Care Retirement Communities (623311), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (6233), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331), Assisted Living Facilities for the Elderly (623312)

SIC

Services-Nursing & Personal Care Facilities (8050), Services-Skilled Nursing Care Facilities (8051)

akta.pro primary industry

Single-Site CCRCs (HLADAEAE)

akta.pro secondary industries

Affordable / Middle-Market CCRCs (HLADAEAJ), For-Profit / Investor-Owned CCRCs (HLADAEAD), Continuing Care Retirement Communities (CCRC) with Memory Care (HLADACAD)

Keywords

• Continuing care retirement community
• Senior living services
• Skilled nursing care
• Memory care services
• Assisted living facility

Headquarters

HQ city

Redding

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Admission/Entrance Fees: One-time admission fees for Lifecare residency starting at $556,875, with three refund options: 80% refundable, 50% refundable, or 0% declining balance with depreciation. These fees provide access to the CCRC and Lifecare benefits.
2. Monthly Service Fees: Recurring monthly fees ranging from $6,250 to $12,420 depending on apartment type and care level. Covers housing, dining, housekeeping, maintenance, transportation, activities, and access to healthcare continuum. Additional fees apply for higher levels of care beyond standard Lifecare coverage.
3. Care Services Revenue: Revenue from on-campus healthcare services including Assisted Living, Memory Care, Sub-Acute Rehabilitation, and Skilled Nursing. While Lifecare residents have priority access and predictable rates, fee-for-service options exist for non-Lifecare residents requiring care.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels10 records

Core offering

Meadow Ridge operates a luxury Continuing Care Retirement Community (CCRC) on a 136-acre campus in Redding, Connecticut, offering the full continuum of senior care on a single site. The community provides Independent Living apartments, Assisted Living, Mind & Memory Care, Sub-Acute Rehabilitation, and Skilled Nursing through its on-site Ridge Crest Health Center. The Lifecare Type-A contract model gives residents priority access to higher levels of care for one predictable monthly fee, plus an upfront admission fee with refund options.

Product overview

Meadow Ridge is a luxury Continuing Care Retirement Community (CCRC) operating as a single-platform senior living solution with the Lifecare model at its core. The community comprises Independent Living apartment homes (the entry point for Lifecare residents), with seamless transitions available to Ridge Crest Health Center's four care neighborhoods: Assisted Living, Mind & Memory Care, Sub-Acute Rehabilitation, and Skilled Nursing. This integrated continuum allows couples with differing care needs to remain on one campus. The Lifecare Type-A contract provides financial predictability with priority access to escalating care levels. Beyond healthcare, the 136-acre campus offers extensive lifestyle amenities including multiple dining venues, fitness and wellness facilities, an indoor pool, spa, golf simulator, art programs (Meadow Ridge University), and pet-friendly spaces. The community is operated by Benchmark Senior Living in partnership with Senior Care Development.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living
• Lifecare Contract
• Ridge Crest Health Center
• Assisted Living
• Mind & Memory Care
• Sub-Acute Rehabilitation
• Skilled Nursing
• Inpatient Hospice Care (via RVNAhealth partnership)

Quantifiable outcome

• 9% more likely to return home after discharge compared to national average
• +6 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• VerogycoreStrategic or Co-development Partner · 1 August 2024Partnership with Verogy, a West Hartford-based solar energy company, to install and manage a 763-kilowatt solar installation on campus. The project includes three solar arrays: two on top of associate parking carports and one on the roof of Ridge Crest health center.
• EversourceminorOthersEversource provided zero-emission renewable energy credits as part of the solar project financing structure.
• RVNAhealthcoreStrategic or Co-development PartnerRVNAhealth provides Inpatient Hospice Care services at Ridge Crest through a dedicated hospice suite. The partnership offers families vital hospice care options beyond the home, ensuring patients with complex needs receive comfort and dignity.
• MoCA WestportminorGTM or Marketing PartnerMeadow Ridge is a proud sponsor of MoCA Westport, a non-profit visual and performing arts organization. The partnership provides residents access to a broad range of exhibitions and performances while demonstrating community commitment to the arts.
• Mark Twain LibrarycoreStrategic or Co-development PartnerMeadow Ridge maintains a partnership with Mark Twain Library including sponsorship of the annual art show. The library committee at Meadow Ridge helps keep the library active and well-stocked. Residents serve as trustees and participate in library programs, keeping the community connected to the broader Redding community.
• Area HospitalscoreChannel Partner/ Reseller/ DistributorRidge Crest welcomes admissions from area hospitals including Danbury Hospital, Bridgeport Hospital, Norwalk Hospital, St. Vincent's Hospital, Yale New Haven Hospital, Greenwich Hospital, Stamford Hospital, Northern Westchester Hospital, Putnam Hospital, and New York Presbyterian Hospital.
• Benchmark Senior LivingcoreOthersBenchmark Senior Living became part owner and operator of Meadow Ridge in early 2021. Benchmark is the Northeast's senior living leader with communities in Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, and Vermont.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Broad incumbents

• Benchmark Senior Living: Parent company and co-owner/operator of Meadow Ridge since 2021; operates 60+ senior living communities across the Northeast. Directly comparable as a portfolio operator of CCRCs, assisted living, and memory care with shared back-office and brand standards.
• Brookdale Senior Living: Largest U.S. senior living operator with hundreds of communities spanning independent living, assisted living, memory care, and skilled nursing. Comparable on full continuum delivery though typically less luxury-positioned than Meadow Ridge.
• Life Care Services (LCS): National third-party manager/operator of senior living communities including CCRCs, with broad portfolio across the U.S. Comparable as a CCRC management platform with similar resident profile and contract structures.

Direct peers

• Sunrise Senior Living: Operates luxury senior living communities across the U.S., including standalone and CCRC-style communities with Independent Living, Assisted Living, and Memory Care. Comparable in target demographic, premium pricing, and full-service continuum model.
• Atria Senior Living: Large operator of upscale senior living communities with a similar continuum of care offering. Comparable on luxury positioning, urban/suburban campus model, and broad amenity-led resident experience.
• Erickson Senior Living: Operates large-scale Continuing Care Retirement Communities (CCRCs) with entrance-fee models and on-site continuum of care. Closest analog to Meadow Ridge's Type-A Lifecare structure and large single-campus footprint.
• ACTS Retirement-Life Communities: Nonprofit operator of multiple CCRCs primarily in the Mid-Atlantic and Southeast. Comparable as a multi-community CCRC operator with entrance-fee contracts and full continuum of care on each campus.
• Five Star Senior Living: Operates Independent Living, Assisted Living, and Memory Care communities across the U.S. with some CCRC-style offerings. Comparable on continuum model and target demographic, though typically more value-tier than Meadow Ridge's luxury positioning.
• Edgehill: Luxury CCRC located in Stamford, CT, also operated by Benchmark Senior Living. Highly comparable on geography, luxury positioning, Lifecare model, and shared Benchmark back-office; former employer of Meadow Ridge's current Executive Director.

Regional players

• Hebrew SeniorLife (Hebrew Rehabilitation Center): Boston-area senior care organization offering a CCRC with Harvard Medical School-affiliated long-term care and rehabilitation. Comparable on integrated CCRC + rehab model and Northeast geography, though nonprofit rather than for-profit.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/meadow-ridge

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Meadow Ridge