The Forest at Duke

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Detailed Information

Celebrating 29 years of community, The Forest at Duke is a vibrant continuing care retirement community located in the heart of Durham. Homes, cottages, apartments – each offer spacious, contemporary living with access to a range of amenities coupled with wellness. At The Forest, residents discover a retirement that is as varied, engaging and multi-faceted as you are. The Forest strives to strengthen the community and organizations that enrich the lives of Durham residents.

Entrance Fee Range $97,970 – $615,891

Monthly Fee Range $3,342 – $8,013

Contract Options Modified: Entrance fee and monthly payments cover housing, residential services such as meals and housekeeping, and some health-related services. Health-related services are provided at a greatly discounted rate and are free for a specified number of days.

Refund Options The Forest retains $10,000 of each person’s entry fee as a health care reserve. The remaining balance of the entry fee, the residence fee, is refundable based on the following plan: 2% of the Residence Fee accrues to The Forest at Duke each month. The refund decreases to zero over 50 months.

Medicare Certified Yes

Long-Term Care Insurance Not required, but welcome.

Minimum Age 65 (co-applicant must be at least 62)

Entrance Fee Range
$89,700 - $546,200
Monthly Fee Range
$2,990 - $6,960
Contract Options
Modified: Entrance fee and monthly payments cover housing, residential services such as meals and housekeeping and some health-related services. Health-related services are provided at a greatly discounted rate and are free for a specified number of days.
Refund Options
Declining Refund: Option 1: Pay lower entry fee; refund declines at rate of 2% per month; after 50 months, no refund. Option 2: 50% Refund - refund declines at a rate of 2% per month until 50% of residence fee is accrued. Option 3: 90% Refund - pay higher
Medicare Certified?
Yes
Long-term Care Insurance Required?
Not required, but welcome.
Min. Age to Obtain Residence
65 (co-applicant must be at least 62)
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