Home › Compare
The Virginian and Woodleigh Chase compared
Two communities in Fairfax, compared from their own disclosure statements. Tinted rows are where they differ; each page tab opens the filing at the figure.
| Figure | The Virginian | Woodleigh Chase |
|---|---|---|
| Location | Fairfax, VA | Fairfax, VA |
| Filing used | 2024 statement, fiscal 2023 financesPDF | 2024 statement, fiscal 2023 financesPDF |
| Contract types | Rental | Type C (fee for service) |
| Entrance fee, one person | None: rental | $479,000 to $1,242,000p. 104 |
| Monthly fee, independent living | $5,730 to $9,660p. 23 | $3,603 to $5,189p. 104 |
| Refund plans | None: rental contract | 80% Refundablep. 26 |
| Highest guaranteed refund | None: rental contract | 80% of the feep. 26 |
| When a refund is paid | None: rental contract | In turn, from a fund of new residents' entrance feesp. 26 |
| Days cash on hand | 20 days (FY2023, calculated)p. 35Figures for Focus SH I Holdings II LLC (consolidated). | Not disclosed in the 2024 filing |
| Its lenders' minimum | Not disclosed in the 2024 filing | Not disclosed in the 2024 filing |
| Debt service coverage | Not disclosed in the 2024 filingFigures for Focus SH I Holdings II LLC (consolidated). | Not disclosed in the 2024 filing |
| Independent living occupancy | 58.6% (2023)p. 130 | Not disclosed in the 2024 filing |
| Net position | $53.8 million (FY2023)p. 35 | $203.6 million (FY2023)p. 164 |
| Whose finances | Focus SH I Holdings II LLC (consolidated: The Virginian and Fountain View Village, AZ); ratios for Focus SH I Holdings II LLC (consolidated)p. 35 | Woodleigh Chase, Inc. and ELP Fairfax, LLC (landowner), combined in the Exhibit 9 summaryp. 164 |
| Audit opinion | Unmodified (clean) opinion, CJBS, LLCp. 35 | Unmodified (clean) opinion, PricewaterhouseCoopers LLP (Woodleigh Chase, Inc.); RSM US LLP (ELP Fairfax, LLC)p. 164 |
| Nursing care, CMS rating | No CMS record linked | No CMS record linked |
What care costs later, in each contract
The Virginian
Rental: No care is prepaid: the monthly plan 'does not entitle the individual to health care services' (p11). Residents get priority for Health Care Center beds, and a reserve of vacant rooms is kept for residents; outside patients are admitted in limited numbers (p12).p. 12
Woodleigh Chase
Type C (fee for service): Care is paid at the Continuing Care neighborhood's own monthly packages and daily rates; no days are included and no discount is stated. Assisted living, memory care and nursing are not built yet (Continuing Care scheduled March 2028 to January 2030); until then residents needing that care go to a local facility under priority transfer agreements.p. 104