HILLCREST TERRACE

What HILLCREST TERRACE does

RiverWoods Retirement Communities operates three Continuing Care Retirement Communities (CCRCs), also called Life Plan Communities, in New Hampshire — Exeter, Manchester, and Durham — with the Manchester campus situated on 29 wooded acres roughly 10 minutes from downtown Manchester and 20 minutes from Concord. The Manchester community markets itself to "dynamic, vibrant adults" seeking independent living with future priority access to a continuum of on-site care that includes Assisted Living, Memory Support, and Enhanced Assisted Living/Nursing.

The business runs on a Life Plan contract architecture centered on the 70% Flex Contract: residents pay an upfront entrance fee plus ongoing monthly service fees for housekeeping, maintenance, transportation, dining programs, fitness classes, and amenities such as a woodshop, trails, and gardens. The contract grants priority access to the community's healthcare center at below-market rates when assisted living, memory care, or nursing care is needed, aiming to convert resident churn risk into long-duration commitment. Pricing is not publicly disclosed and is quote-based, supported by a self-serve MoneyGauge calculator that screens prospective residents by age, income, and assets.

Distribution is consultative and regional: a website (riverwoodsnh.org/manchester), community events including 'RiverWoods Manchester 101' Q&A sessions, personalized tours handled by named staff, phone and digital inquiry handling, and resident testimonials drive qualified-lead generation and conversion. The organization holds CARF International accreditation, is a LeadingAge member, has received an AIA design award, and has partnered with the UNH Sustainability Institute to reduce energy and environmental impact across its communities. The firmographic headcount figure of 6 appears to reflect a narrow reporting slice rather than total community staff, and ownership, funding, and detailed financial data are not disclosed in the source material.

Name

HILLCREST TERRACE

Legal name

RiverWoods Retirement Communities

Website

https://hillcrestterrace.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

RiverWoods Retirement Communities operates three Continuing Care Retirement Communities across New Hampshire (Exeter, Manchester, Durham), serving active seniors with independent living and a full on-site continuum of care under its 70% Flex Life Plan Contract.

Ownership category

akta.pro rank

Headquarters

HQ city

Manchester

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. 70% Flex Contract (Life Plan Contract): Residents pay an entrance fee under the 70% Flex Contract model, which provides independent living today with priority access to healthcare if needs change. This contract offers flexibility and guaranteed access to care levels while paying only for care when used.
2. Monthly Service Fees: Ongoing monthly fees cover services including housekeeping, maintenance, transportation, dining programs, fitness classes, and access to amenities. These recurring fees provide predictable revenue stream from the resident community.
3. Healthcare Services Revenue: Revenue from providing assisted living, memory support, and enhanced assisted living/nursing care services at below-market rates for contract holders. Services are provided in the community's healthcare center.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

RiverWoods Manchester is a Life Plan Community (continuing care retirement community) that provides a full continuum of care on a single campus: independent living, assisted living, memory support, and enhanced assisted living/nursing care. Residents enter under the 70% Flex Contract, paying an entrance fee plus monthly service fees, and receive priority access to higher levels of healthcare at below-market rates when needed. Additional offerings include detached cottages, fitness and art classes, a flexible dining points program, a woodshop, trails, gardens, and scheduled transportation across 29 wooded acres in Manchester, New Hampshire.

Product overview

RiverWoods is a Life Plan Community offering a continuum of care with four main service levels: Independent Living (maintenance-free residential living with amenities), Assisted Living (support with daily activities), Memory Support (specialized dementia care), and Enhanced Assisted Living/Nursing (24/7 healthcare). The community also offers cottages for more spacious independent living. Residents can choose from the 70% Flex Contract financial program which provides guaranteed healthcare access. Additional services include fitness programs, flexible dining options, woodworking facilities, and trails/gardens. The Manchester location spans 29 wooded acres with scheduled transportation and is positioned as a continuing care retirement community (CCRC).

Differentiator

Problem solved

Functional benefit

Products and services

• Independent Living

Named customers4 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• UNH Sustainability InstitutecoreStrategic or Co-development PartnerRiverWoods has partnered with the University of New Hampshire Sustainability Institute to build a more sustainable future at RiverWoods communities. This partnership focuses on reducing energy consumption and environmental impact across their communities, addressing the significant energy requirements of running continuing care retirement communities.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Atria Senior Living: National senior-living operator offering independent living, assisted living, and memory care across 200+ communities; directly comparable to RiverWoods' multi-location, multi-service-line operating model and event-driven, consultative sales approach.
• Sunrise Senior Living: Established senior-living chain with a continuum-of-care model including independent living, assisted living, memory care, and skilled nursing; comparable to RiverWoods on service breadth, recurring fee structure, and emphasis on lifestyle amenities alongside clinical care.
• Brookdale Senior Living: Largest U.S. senior-living operator with hundreds of communities spanning independent living, assisted living, and memory care; comparable to RiverWoods on the continuum-of-care service model and recurring monthly-fee revenue streams, but operates at far greater national scale.

Direct peers

• Life Care Services: Operator and third-party manager of continuing-care retirement communities nationwide; comparable to RiverWoods on the Life Plan contract model, multi-campus structure, and continuum of care, though it derives significant revenue from management contracts for owner communities rather than direct operation.
• Acts Retirement-Life Communities: Nonprofit, faith-based CCRC operator with multiple campuses across the Mid-Atlantic and Southeast offering independent living, assisted living, memory care, and skilled nursing on entrance-fee contracts; highly comparable to RiverWoods on CCRC economics, continuum-of-care delivery, and entrance-fee / monthly-fee revenue split.
• Benchmark Senior Living: New England–based senior-living operator with communities across the Northeast offering independent living, assisted living, memory care, and skilled nursing; highly comparable to RiverWoods on geography, multi-service-line offering, and lifestyle-amenity-driven resident acquisition approach.
• Erickson Senior Living: Large continuing-care retirement community operator with multiple large campuses, an entrance-fee contract model, and full continuum of care from independent living through nursing; the closest direct peer to RiverWoods' Life Plan / CCRC structure with priority-access healthcare contracts.
• Five Star Senior Living: Senior-living operator offering independent living, assisted living, and memory care across multiple U.S. communities with recurring monthly service fees; comparable to RiverWoods on service line breadth and recurring-revenue model, though operating at broader national scale.

Emerging players

• Holiday Retirement: Senior-living operator focused primarily on independent and assisted living for active seniors, with simpler contract structures than full CCRCs; overlaps with RiverWoods on the active-senior target persona and lifestyle-amenity positioning, but lacks the full nursing/memory-care continuum.
• Capital Senior Living: Senior-living operator focused on assisted living and memory care across multiple states; partial overlap with RiverWoods' assisted-living and memory-support service lines but does not offer the full independent-living-to-nursing continuum that anchors RiverWoods' Life Plan model.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks2 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/hillcrest-terrace

Revenue estimate

Valuation estimate

Number of profiles

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 HILLCREST TERRACE