SearStone Retirement Community
- Company typePrivate
- Founded2013
- HeadquartersCary, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
SearStone Retirement Community firmographics
Firmographics- Name
- SearStone Retirement Community
- Legal name
- Searstone Retirement Community
- Website
- https://searstone.com
- Company type
- Private
- Founded year
- 2013
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SearStone Retirement Community industry classification
Industry- Product category
- Continuing Care Retirement Community (Senior Living)
- NAICS
- Continuing Care Retirement Communities (623311), Assisted Living Facilities for the Elderly (623312)
- SIC
- Services-Nursing & Personal Care Facilities (8050)
- akta.pro primary industry
- Life Plan / Entrance-Fee CCRCs (HLADAEAA)
- akta.pro secondary industries
- Single-Site CCRCs (HLADAEAE), Continuing Care Retirement Communities (CCRC) with Memory Care (HLADACAD)
Keywords
Where SearStone Retirement Community is headquartered
LocationHeadquarters
- HQ city
- Cary
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SearStone Retirement Community business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Entrance Fee: Residents pay an upfront, fully refundable entrance fee determined by the size and value of their residence. The fee secures the residence and access to all campus amenities and services. A 10% deposit is required early in the exploration process, with the remainder paid prior to move-in.
- Monthly Service Fee: Ongoing monthly fees determined by residence size and number of occupants. Covers housing, services, amenities, upkeep expenses, and all utilities. Monthly fees are roughly equal to or less than the cost of living in one's own home.
- Life Care Fee: A $70,000 upfront Life Care fee (in addition to entrance fee) that guarantees unlimited access to full continuum of care with predictable monthly fees regardless of health changes. May provide tax advantages as a pre-paid medical expense.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Wait List Fee |
| One time/ perpetual license | Multi-year contract | Entrance Fee |
| One time/ perpetual license | Multi-year contract | Life Care Fee |
| Subscription | Monthly | Monthly Service Fee |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
SearStone Retirement Community product offering
Product offeringCore offering
SearStone Retirement Community is a not-for-profit Life Plan Community (CCRC) in Cary, North Carolina, providing a full continuum of senior living services including Independent Living, Assisted Living, Memory Care, and Skilled Nursing on a single campus. Residents enter under a Type A Life Care residency contract supported by a 100% refundable entrance fee plus ongoing monthly service fees, ensuring access to higher levels of care as needs change over time.
Product overview
Searstone is a Life Plan Community (also known as a Continuing Care Retirement Community or CCRC) offering a comprehensive continuum of care on a single campus. The portfolio includes Independent Living residences (Estate Homes, The Highview, Lorraine Plaza, Calais Terrace, Winston Clubhouse, and Lakeside Flats) combined with the Life Care Contract providing guaranteed access to future healthcare. The community offers multiple dining venues (Winston Clubhouse Dining, Lakeside Dining, White Horse Bar & Grille, Marketplace Soleil, Provence, Bar Cognac), resident programs, and wellness services. When residents' health needs change, they can seamlessly transition to Assisted Living, Memory Care, or Skilled Nursing—all within Brittany Place healthcare neighborhood—without dramatically increasing their monthly fees.
Differentiator
Problem solved
Functional benefit
Brands
- The Highview: A next-level retirement living opportunity featuring 149 elegant, modern residences with Performance Art Center and multiple onsite dining options including Marketplace Soleil, Bar Cognac, Provence Chophouse-style restaurant, and Club Privé private dining room.
- Brittany Place
- Winston Clubhouse
- Bar Cognac
- White Horse Bar & Grille
- Marketplace Soleil
- Provence
- Club Privé
- Woodside Estates
- Creekside Estates
Products and services
- Independent Living
Quantifiable outcome
- 100% refundable entrance fee returned to residents or their estate
- +2 more outcomes
Companies that use SearStone Retirement Community
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles2 records
SearStone Retirement Community technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
SearStone Retirement Community partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- LeadingAgeminorSearstone-RLA, Inc. owner David Ammons is an active member of LeadingAge, an association representing nonprofit providers of aging services. This membership provides access to industry best practices, advocacy, and professional development resources.
Scale indicators3 records
Recent moves7 records
Expansion highlights3 records
SearStone Retirement Community competitors and assessment
Company assessmentDirect peers
- Carolina Meadows: Not-for-profit CCRC located in Chapel Hill, NC, offering independent living, assisted living, memory care, and skilled nursing with an entrance-fee model. Comparable Charter, resident profile, and Triangle-market positioning to Searstone.
- Galloway Ridge at Fearrington: Life Plan Community in Pittsboro, NC, offering a full continuum of care (independent living, assisted living, memory care, skilled nursing) with an entrance-fee model. Direct competitor in the Research Triangle/chapel Hill-area senior living market.
- The Cypress of Raleigh: Luxury life care CCRC in Raleigh, NC, offering a Type A Life Care contract and full continuum of care on a single campus. Direct competitor for the same affluent retiree demographic in the Research Triangle.
- Westminster-Canterbury of the Triangle: Not-for-profit CCRC in Durham, NC offering Life Plan services with an entrance-fee structure. Operates on a similar mission-driven, multi-level care model targeting Triangle-area seniors.
- Springmoor Life Care Retirement Community: Sister community operated by the same owner (David Ammons via Ammons-Springmoor Associates) in Raleigh, NC. Offers the same CCRC/Life Plan model with 388 independent living units, 18 assisted living units, and 173 skilled nursing beds at 95% occupancy, providing direct comparison on operations and demand validation.
Broad incumbents
- Sunrise Senior Living: Established national senior living provider offering assisted living, memory care, and independent living services. Comparable on continuum-of-care philosophy and upper-tier resident experience, though typically operating rental rather than entrance-fee models.
- Brookdale Senior Living: Largest national senior living operator with hundreds of independent living, assisted living, and memory care communities across the US. Although its rental model differs from Searstone's Life Care/CCRC structure, it competes for the same affluent-senior market and is a relevant broad incumbent.
- Atria Senior Living: National operator of senior living communities with strong presence in the Southeast US. Provides a portfolio of independent living, assisted living, and memory care, operating as a broad incumbent across regional markets that overlap with Searstone's catchment area.
Others
- Life Care Services: Large third-party management company specializing in operating CCRCs and life plan communities across the US. Functionally comparable to Searstone's in-house management arm (Searstone-RLA, Inc.) and a potential partner/peer for management services.
Regional players
- Keswick Multi-Care Center: Baltimore, Maryland-based CCRC providing independent living, assisted living, and skilled nursing with a Life Care/CCRC model. Comparable operating structure and continuity-of-care model, though serving a Mid-Atlantic rather than Carolinas market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
SearStone Retirement Community social profiles
Digital presenceSearStone Retirement Community compliance and trust
Trust signalCompliance1 record
SearStone Retirement Community financial estimates
Financial estimateRevenue estimate
Valuation estimate
SearStone Retirement Community leadership team
Management profileNumber of profiles
Profiles1 record
SearStone Retirement Community funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SearStone Retirement Community M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SearStone Retirement Community
What does SearStone Retirement Community do?
SearStone Retirement Community is a not-for-profit Life Plan Community (CCRC) in Cary, North Carolina, providing a full continuum of senior living services including Independent Living, Assisted Living, Memory Care, and Skilled Nursing on a single campus. Residents enter under a Type A Life Care residency contract supported by a 100% refundable entrance fee plus ongoing monthly service fees, ensuring access to higher levels of care as needs change over time.
Is SearStone Retirement Community a public or private company?
SearStone Retirement Community is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SearStone Retirement Community founded?
SearStone Retirement Community was founded in 2013. It employs 11 to 50 people.
Where is SearStone Retirement Community based?
SearStone Retirement Community is headquartered in Cary, United States, in the North America region.
How does SearStone Retirement Community make money?
Three revenue lines are on record. Entrance Fee is the primary driver. The others are monthly Service Fee and life Care Fee.
Who are SearStone Retirement Community's main competitors?
Direct peers on record are Carolina Meadows, Galloway Ridge at Fearrington, The Cypress of Raleigh, Westminster-Canterbury of the Triangle and Springmoor Life Care Retirement Community. Broad incumbents are Sunrise Senior Living, Brookdale Senior Living and Atria Senior Living. Life Care Services is listed as an others. Keswick Multi-Care Center is listed as a regional player.
Does SearStone Retirement Community have an API?
No public API is recorded for SearStone Retirement Community.
What industry is SearStone Retirement Community in?
SearStone Retirement Community'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 HLADAEAE, Single-Site CCRCs. Its NAICS code is 623311 and its SIC code is 8050.