The Cypress of Raleigh

What The Cypress of Raleigh does

The Cypress of Raleigh, operated by The Cypress of Raleigh Club, Inc. (a 501(c)(4) not-for-profit entity), is a Life Plan Community / Continuing Care Retirement Community (CCRC) located on a gated 44-acre campus at 8801 Cypress Lakes Drive in Raleigh, North Carolina. The community opened in 2008 and was built out through 2020 to a fixed capacity of 319 private residences — 37 detached Cottage Homes (2,200-4,000 sq ft) and 282 Villa units across five mid-rise buildings — together with a 42,000 sq ft Clubhouse, lakes, gardens, and the on-site Rosewood Health Center. It serves affluent active seniors aged 62+ (primarily individuals and couples) seeking independent living with a guaranteed continuum of care, and had 500+ members at maturity of the master plan.

The economic model is unusual for the sector: rather than the more common entrance-fee or rental structure, members purchase and own their residences outright and hold a pro-rata share of community assets, with a separate recurring monthly service fee covering dining, housekeeping, maintenance, transportation, security, programming, and access to healthcare tiers. Day-to-day operations are run by Life Care Services LLC, a third-party senior-living operator selected prior to the 2008 opening. A Future Member List ($1,000 fully refundable pre-qualification deposit) supports the sales pipeline, and the community markets monthly fees as 'among the lowest in the Triangle' on the strength of a debt-free balance sheet.

Care services are delivered through the Medicare-certified Rosewood Health Center (skilled nursing 24/7, assisted living, memory care with a dedicated private wing under the Heartfelt Connections program, and short-term rehabilitation) and a Home Care Department offering Assistance in Living, In-Home Care, and Companion Care. A Health and Wellness Navigation program pairs members with dedicated navigators for personalized care coordination. The technology stack is non-proprietary: an Electronic Health Record system supporting interoperability across providers, a content/SEO-driven website with direct inquiry forms, and inbound direct sales led by a Director of Sales and small sales team. No AI, ML, or proprietary software platforms are disclosed.

Name

The Cypress of Raleigh

Legal name

The Cypress of Raleigh Club, Inc.

Website

https://thecypressofraleigh.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

1–10 employees

Short description

The Cypress of Raleigh is a 501(c)(4) not-for-profit Life Plan Community (CCRC) on a 44-acre gated campus in Raleigh, NC, serving affluent 62+ seniors. Founded in 2008, it operates 319 member-owned residences plus on-site skilled nursing, assisted living, memory care, and home care services managed by Life Care Services LLC.

Ownership category

akta.pro rank

Product category

Continuing Care Retirement Community (Life Plan Community / Senior Living)

NAICS

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

SIC

Services-Nursing & Personal Care Facilities (8050)

akta.pro primary industry

Single-Site CCRCs (HLADAEAE)

akta.pro secondary industry

Nonprofit / Faith-Based CCRCs (HLADAEAC)

Keywords

• Senior living services
• Life plan community
• Continuing care retirement
• Independent living residences
• Assisted living care

Headquarters

HQ city

Raleigh

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, Supply Chain

Revenue model

1. Home Purchase/Equity Sales: Members purchase residences (cottages or villas) and own their home outright, plus a pro-rata share of community assets. This equity ownership model allows members to build long-term wealth while enjoying lifestyle benefits.
2. Monthly Service Fees: Recurring monthly fees cover dining, housekeeping, transportation, home and grounds maintenance, security, and access to social/wellness/educational programs. Fees described as among the lowest in the Triangle due to debt-free, not-for-profit structure.
3. Future Member List Fee: Fully refundable $1,000 fee to join Future Member List for pre-qualification. No financial risk or obligation to prospective members.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

The Cypress of Raleigh operates a gated 44-acre Life Plan Community (CCRC) in Raleigh, NC, selling member-owned Cottage and Villa residences bundled with monthly service fees that cover dining, housekeeping, transportation, maintenance, security, and wellness programming. The community delivers a full continuum of care on-site, including independent living, the Medicare-certified Rosewood Health Center (skilled nursing, memory care, assisted living, rehabilitation), and Home Care services. Members purchase their homes outright and hold a pro-rata share of community assets under an equity-ownership model developed by the founders of The Cypress of Hilton Head and Charlotte.

Product overview

The Cypress of Raleigh is a Life Plan Community (CCRC) offering luxury senior living with an ownership-based model. The community consists of Cottage Homes (37 single-family detached residences ranging from 2,200-4,000 sq ft) and Villa Homes (282 units in five mid-rise buildings). Dining offerings include three venues: the upscale Cascades Dining Room, casual Top of the Falls Grill, and private The Oaks Room, plus in-home delivery. Wellness is supported through the CORE Wellness Program with fitness center, pool, and lake walking trails. Healthcare services include the Medicare-certified Rosewood Health Center (skilled nursing, memory care, rehabilitation), Home Care Services (Assistance in Living, In-Home Care, Companion Care), and Health and Wellness Navigation. The 42,000 sq ft Clubhouse provides social and amenity space. The Future Member List program enables pre-qualification with priority access.

Differentiator

Problem solved

Functional benefit

Products and services

• Cottage Homes Single-family detached residences of approximately 2,200 to 4,000 square feet, available in four base floor plans (The Holly, The Laurel, The Poplar, The Magnolia). Members purchase and own their Cottage outright as part of the community's equity-ownership model.
• Villa Homes Mid-rise condo-style residences in five-story buildings totaling 282 units, ranging from one-bedroom to spacious two-bedroom layouts with dens, across multiple floor plans (including The Alexander, The Arbor, The Ascot, The Bayberry, The Bradford, The Caldwell, The Camden, The Covington, The Danbury, The Dogwood, The Newport, The Prescott, The Rosewalk, The Indigo, The Park, The Azalea, The Gallery, and The Osprey). Members purchase and own their Villa outright.
• Cascades Dining Room Upscale on-campus dining room offering made-to-order fare six nights a week, featuring daily Chef's Specials spanning Modern American Cuisine, regional, and international specialties. Included for Members through monthly service fees.
• Top of the Falls Grill Casual on-campus dining venue offering high-quality entrées such as filet mignon and cedar plank salmon, as well as pub-style sandwiches and hearty salads, with casual dress welcome. Included for Members through monthly service fees.
• The Oaks Room Private dining room accommodating up to twelve guests, available for birthday parties, anniversaries, and intimate celebrations. Included for Members through monthly service fees.
• In-Home Meal Delivery Service allowing Members to order dishes from menus and have them delivered directly to their cottage or villa door at no additional charge.
• CORE Wellness Program Personalized fitness program with a Wellness Coordinator who designs exercise programs for Members at any fitness level. Includes group classes in the CORE Wellness Room covering Balance and Strength, Cardio Circuit, Water Walking and Range of Motion, Tai Chi, Yoga, and Exercise Comes Home.
• Fitness Center and Pool On-campus fitness facility featuring a Cardio Room with treadmills, NuSteps, stair steppers, and core work space, plus an indoor swimming pool with a dedicated lap lane and daily wellness classes led by a Wellness Coordinator.
• Rosewood Health Center On-site Medicare-certified skilled nursing center providing 24/7 nursing care and memory care, shorter-term rehabilitation services, assisted living, and a dedicated private memory care wing for Members of The Cypress of Raleigh.
• Assistance in Living Home Care program providing extra help with daily tasks such as cooking and laundry, allowing Members to remain in their villa or cottage while maintaining independence with consistent caregivers.
• In-Home Care Higher-level in-home care providing a personal, dedicated Certified Nursing Assistant for hands-on care ranging from a few hours per week to around-the-clock support, including a Registered Nurse assessment, customized care plan, and ongoing oversight.
• Companion Care Non-hands-on care service providing companionship, errand running, home organization, laundry, pet care, and accompaniment to appointments and activities for Members.
• Health and Wellness Navigation Care coordination program partnering with Members to anticipate needs, address medical challenges, educate on available resources, advocate during hospitalization, and monitor each level of care including Care Management and Care Coordination, supported by Electronic Health Records that facilitate provider information exchange.
• Clubhouse 42,000-square-foot campus facility with porte cochère, billiards room, art studio, pool, spa, locker rooms, dining rooms, ballroom, Member-curated library, and guest living space across two floors, serving as the social and amenity hub of The Cypress of Raleigh.
• Future Member List Pre-qualification program allowing prospective Members to be pre-qualified on age (62+) and financial requirements with a $1,000 fully refundable fee, providing priority access to available residences without chronological waitlist pressure.

Quantifiable outcome

• Members report high satisfaction with friendships, activities, and peace of mind from Life Plan Community model
• +1 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• Life Care Services LLCcoreStrategic or Co-development Partner · 1 January 2008Life Care Services LLC, one of the nation's premier managers of senior living communities, was selected prior to opening to manage day-to-day operations of The Cypress of Raleigh. LCS is committed to providing exceptional personal service, promoting wellness and lifelong learning, ensuring peace of mind, striving to exceed expectations, and enhancing quality of life.
• Mark Andrews, Craig Huggins, and Michael SandmancoreStrategic or Co-development Partner · 1 January 2000Three local Raleigh businessmen who partnered with the original developers to bring The Cypress equity model to Raleigh. They remain actively involved in the community today.
• Jim Coleman and Marc PunterericoreStrategic or Co-development Partner · 1 January 1990Two South Carolina developers who created the equity business model in senior living with The Cypress of Hilton Head. This success led to The Cypress of Charlotte (NC) and eventually The Cypress of Raleigh, based on their award-winning model.

Scale indicators7 records

Recent moves7 records

Expansion highlights4 records

Market position

Strengths4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

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 The Cypress of Raleigh