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Lucy Corr and Brandermill Woods compared
Two Virginia communities about 10 miles apart, compared from their own disclosure statements. Tinted rows are where they differ; each page tab opens the filing at the figure.
| Figure | Lucy Corr | Brandermill Woods |
|---|---|---|
| Location | Chesterfield, VA | Midlothian, VA |
| Filing used | 2025 statement, fiscal 2025 financesPDF | 2025 statement, fiscal 2025 financesPDF |
| Contract types | Type A (life care), Type B (modified) | Rental, Type B (modified) |
| Entrance fee, one person | $128,750 to $440,563p. 85 | $57,096p. 12 |
| Monthly fee, independent living | $2,812 to $5,950p. 85p. 86 | $4,669 to $7,019p. 27 |
| Refund plans | Traditional 80% Refundable Plan; Traditional Declining Refund Plan; LifeCarep. 38p. 70 | Refundable escrowed Entrance Feep. 14 |
| Highest guaranteed refund | 80% of the feep. 38p. 70 | 100% of the feep. 14 |
| When a refund is paid | When your unit is re-occupied or after 18 months, whichever is firstp. 38p. 70 | Within a fixed number of daysp. 14 |
| Days cash on hand | 157.4 days (FY2025, calculated)p. 122 | 243 days (FY2025)p. 63 |
| Its lenders' minimum | At least 100 daysp. 14 | At least 150 daysp. 62 |
| Debt service coverage | Not disclosed in the 2025 filing | 1.81x (FY2025)p. 63 |
| Independent living occupancy | 89.9% (2025)p. 166 | 97% (2025)p. 75 |
| Net position | $9.6 million (FY2025)p. 122 | $46.9 million (FY2025)p. 63 |
| Whose finances | Health Center Commission for the County of Chesterfield (dba Lucy Corr)p. 122 | Senior Living Choices of Virginia, Inc.p. 63 |
| Audit opinion | Unmodified (clean) opinion, Walker Healthcare Services Groupp. 122 | Unmodified (clean) opinion, Dauby O'Connor & Zaleski, LLCp. 63 |
| Nursing care, CMS rating | 2 of 5 (CMS overall) | 5 of 5 (CMS overall) |
What care costs later, in each contract
Lucy Corr
Type B (modified): Fee-for-service residents get ten lifetime days of free assisted living or Health Care Center care not covered by insurance, then pay the then-standard (market) rates. Residents receive priority access to the Assisted Living and Health Care Centers if they meet admission criteria.p. 12
Type A (life care): LifeCare residents who move permanently to assisted living or the Health Care Center keep paying the monthly fee of their independent living unit. Residents receive priority access if they meet admission criteria.p. 63
Brandermill Woods
Type B (modified): Entry Fee/CCRC residents get priority admission and a 5% discount on assisted living and nursing fees, and may pay care costs out of their escrowed entrance fee until it runs out.p. 9
Rental: Rental residents pay the regular assisted living and nursing rates. Residents who have signed a Residency Agreement get priority over outside admissions to The Haven, and all residents get a once-a-year $1,000 credit after a 30-day health-care stay not covered by insurance.p. 8