Friendship Village Tempe

What Friendship Village Tempe does

Friendship Village Tempe is a non-profit Life Plan Community (Continuing Care Retirement Community) located at 2645 E Southern Ave in Tempe, Arizona, operating since 1980 as one of the first CCRCs in the Phoenix region. The community delivers a full continuum of senior living services on a single campus, including independent living residences (apartments and garden homes), assisted living at the Nunnenkamp Center, memory care featuring the nationally recognized Heartfelt CONNECTIONS program, 24/7 skilled nursing, short-term rehabilitation (physical, occupational, and speech therapy), and on-site primary care delivered through a partnership with Curana Health. Supporting amenities include the Starfire Rooftop Restaurant and Brewery, the Kelly Family Fitness Center with a heated outdoor pool, multiple dining venues (Fireside, Embers Lounge, Village Café, Courtyard Buffet, Del Fuego Sports Bar), arts and learning studios, a pet-friendly environment with a dog park, and a scheduled excursions program to local Arizona attractions. The community is the East Valley's only Life Care community and is managed by LCS (Life Care Services), the nation's third-largest operator of senior living communities, under the governance of a not-for-profit board of directors. Technology stack centers on the PointClickCare Health Information Exchange for interoperable electronic health records, plus proprietary consumer-facing digital tools (MoneyGauge cost calculator and Interactive Floor Plan Tool) that enable prospective residents to model lifetime costs and explore unit layouts online.

Name

Friendship Village Tempe

Legal name

Friendship Village Tempe

Website

https://friendshipvillageaz.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

Friendship Village Tempe is a non-profit Life Plan Community in Tempe, Arizona, operating since 1980 and managed by LCS, offering independent living, assisted living, memory care, skilled nursing, rehabilitation, and primary care to seniors through Life Care contracts.

Ownership category

akta.pro rank

Product category

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

NAICS

Continuing Care Retirement Communities (623311), 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

Single-Site CCRCs (HLADAEAE)

akta.pro secondary industry

Market-Rate Independent Living (Private Pay) Communities (HLADAAAA)

Keywords

• Senior living community
• Continuum of care
• Assisted living services
• Memory care program
• Life care contracts

Headquarters

HQ city

Tempe

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Entrance Fees (Life Care Contracts): One-time entrance fees for Life Care contracts, starting at $252,700. Two Return of Capital plans: 80% refund or 50% refund of initial entrance fee to resident or estate. The most recent financing of $107.525 million (October 2025) indicates significant capital requirements for new campus development.
2. Monthly Service Fees: Recurring monthly fees covering maintenance, housekeeping, meals, utilities, cable, local phone, unlimited use of common spaces, campus amenities and access to care services. Monthly fees starting at $4,069. Second person pays significantly lower additional monthly fee.
3. Assisted Living Services: Additional care services including medication management, daily activity assistance, and nursing care provided at the Nunnenkamp Center with no additional entrance fee but additional monthly charges
4. Memory Care and Skilled Nursing: Higher levels of care with 24/7 monitoring, specialized programs like Heartfelt CONNECTIONS, and comprehensive health services for residents requiring greater assistance
5. Rehabilitation Services: Short-term and long-term rehabilitation including physical, occupational, and speech therapy. Available to both residents and non-residents on a fee-for-service basis

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels10 records

Core offering

Friendship Village Tempe operates a Life Plan Community offering a continuum of senior living services on a single Tempe, Arizona campus. Core offerings include independent living residences, assisted living at the Nunnenkamp Center, memory care via the Heartfelt CONNECTIONS program, skilled nursing, short-term rehabilitation, and on-site primary care through Curana Health, all delivered under a Life Care contract model with an entrance fee plus monthly service fee.

Product overview

Friendship Village Tempe is a Life Plan Community (Continuing Care Retirement Community) offering a comprehensive continuum of senior living services. The portfolio includes independent living residences (apartments and garden homes), assisted living at the Nunnenkamp Center, memory care using the Heartfelt CONNECTIONS program, skilled nursing, short-term rehabilitation, and primary care through Curana Health partnership. Supporting amenities include diverse dining venues (Starfire Restaurant and Rooftop Brewery, Fireside Restaurant, Embers Lounge, Village Café, Del Fuego Sports Bar), Kelly Family Fitness Center with heated pool, arts and learning studios, pet-friendly facilities with dog park, and community garden. Life Care contracts provide financial planning with entrance fees starting at $252,700, offering lifetime access to all care levels. Phase 3 expansion (Ironwood building) adds new residences with rooftop entertainment venues. The community is managed by LCS and has received J.D. Power and U.S. News & World Report recognitions.

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living Maintenance-free senior living in apartments or garden homes with dining options, community amenities, and access to the full continuum of care. Targeted at active seniors seeking a resort-style lifestyle.
• Assisted Living (Nunnenkamp Center)
• Memory Care
• Skilled Nursing
• Short-Term Rehabilitation
• Primary Care
• Dining Services
• Starfire Brewery
• Kelly Family Fitness Center
• Arts and Learning Studios
• Pet-Friendly Amenities
• Excursions Program
• Life Care Contracts
• Assistance-in-Living (A.I.L.)
• Expansion Residences (Phase 3 - Ironwood Building) New-construction independent living residences in the Ironwood building starting at 800 square feet with contemporary finishes, rooftop Del Fuego Sports Bar with duckpin bowling lanes, and Future Friends Club priority access for early commitments.

Quantifiable outcome

• J.D. Power #1 in Independent Living for 5 consecutive years
• +6 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core, significant and minor.

• LCS (Life Care Services)coreStrategic or Co-development PartnerLeading senior living management company managing Friendship Village Tempe since 1980. LCS is the nation's third largest operator of senior living communities with expertise in Life Plan and Rental communities. LCS ranked #1 in J.D. Power Resident Satisfaction for 5 consecutive years. Provides LCS Signature Experiences that elevate hospitality and ensure quality care across 140+ communities nationwide.
• Curana HealthcoreStrategic or Co-development PartnerHealthcare partnership bringing professional primary care providers directly to campus. Curana Health provides on-site primary care and urgent care-style sick visits, lab work coordination, medication management, chronic condition management, and coordinated care with specialists. Partnership enables doctor visits without driving for residents.
• PointClickCarecoreTechnology or IntegrationHealth Information Exchange (HIE) partnership facilitating secure exchange of health information including diagnoses, allergies, clinical notes, and demographics between healthcare providers. Connection to PointClickCare Cloud enables faster access to health information, better care coordination, and more informed care decisions. Residents may opt out.
• SAGECaresignificantStrategic or Co-development PartnerNational LGBTQ+ aging advocacy and services organization providing cultural competency training to Friendship Village staff. SAGECare has been looking out for LGBTQ+ elders since 1978. Training covers LGBTQ+ aging cultural competency across housing, hospitality, and healthcare settings.
• Arizona Medical Training Institute (AMTI)minorStrategic or Co-development PartnerHealthcare institute in Mesa, Arizona providing entry-level medical training for students seeking careers in nursing, clinical laboratory science, and assisted living career fields. Supports workforce development for the senior living industry.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Belmont Village Senior Living: Privately held senior living operator known for assisted living and memory care with on-site nurse-led wellness programs. Comparable through focus on higher-acuity care delivery, though operates rental model with no Life Care component.
• Watermark Retirement Communities: Operator of roughly 60 senior living communities nationwide offering independent living, assisted living, memory care, and skilled nursing. Comparable product mix with selective CCRC offerings; mid-sized peer useful for benchmarking operating practices outside the largest national players.

Broad incumbents

• Sunrise Senior Living: Major U.S. senior living operator (owned by Welltower Healthpeak REIT structure) with a strong assisted living and memory care portfolio. Comparable in core offering mix (assisted living, memory care, skilled nursing coordination) though predominantly rental rather than Life Care/CCRC.
• Five Star Senior Living: National senior living operator providing independent living, assisted living, and memory care services across 100+ communities. Comparable continuum-of-care offerings, but operates predominantly on a rental model rather than Life Care contracts.
• Atria Senior Living: Large U.S. senior living operator with 400+ communities providing independent living, assisted living, and memory care. Comparable in product mix but predominantly market-rate rental, not Life Care/entrance-fee model; useful as a benchmark for shared amenity investment and marketing practices.
• Brookdale Senior Living: Largest U.S. senior living operator (NYSE: BKD) with ~650 communities across independent living, assisted living, memory care, and skilled nursing. Comparable through its CCRCs and assisted living offerings, though primarily rental model rather than Life Care; serves as the scale benchmark against which smaller operators are evaluated.

Direct peers

• La Loma Village by Sun Health: Nonprofit CCRC in Sun City/Sun City West, AZ operated by Sun Health. Direct Arizona competitor offering a Life Care continuum with entrance fees and monthly service fees, overlapping Phoenix-metro catchment.
• Erickson Senior Living: Large-scale CCRC operator running 20+ continuing care retirement communities across the U.S. Most comparable on the Life Care/entrance-fee business model and continuum-of-care scope; primarily operates in the Mid-Atlantic and other regions rather than the Southwest.
• Las Fuentes Resort Village: Nonprofit Life Care retirement community in Prescott, AZ offering independent living, assisted living, skilled nursing, and memory care on a single campus. Closely comparable on operating model, contract structure, and Arizona market focus, though serving a different sub-region.
• Vi at Silverstone: Luxury Life Plan Community in Scottsdale, AZ operated by Vi (a Chicago-based CCRC developer/operator). Most directly comparable peer: same CCRC fee-for-service/continuum-of-care model, similar premium Arizona positioning, similar entrance-fee-plus-monthly-service-fee pricing, and overlapping Phoenix-metro service area.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/fvtempe
• Xx.com/fvtempe
• LinkedInlinkedin.com/company/friendship-village-tempe

Compliance16 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors1 record

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 Friendship Village Tempe