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Resident Life

Transparency regarding outsourced management
Author Last Post
For those readers who live in a community with outsourced management -- do you know the basis of the management fee?

I think the rate of the fee is often tied to revenues -- as a percentage.  We residents have been informed that the industry norm is 5% of revenues.   We are a single-site CCRC.

I'm just curious about what's "out there."
Thanks. 
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