Lantern Hill Offers a Brand New, More Affordable Financial Structure

January 29, 2024
Lantern Hill Sales Director

Lantern Hill, an Erickson Senior Living-managed community in New Providence, NJ, is excited to announce a significant update to its financial structure. The community has transitioned to an 80% Refundable Entrance Fee, providing substantial monthly savings on its popular floor plans for residents.

Sales Director Brian Cassidy shared, “After receiving customer feedback, we realized an update to our financial structure to reduce our monthly fees would allow more seniors to enjoy Lantern Hill's vibrant, maintenance-free lifestyle and incredible resort-style amenities.”

“I encourage seniors in the area familiar with Lantern Hill's previous pricing structure to take another look at our new pricing. Call us to request Lantern Hill's 2024 pricing at 1-844-440-7240,” said Cassidy.

The new financial model enables Lantern Hill to offer substantial savings on many of the community's most sought-after floor plans. The 80% refundable entrance fee ensures that if or when a resident leaves the community, their investment will be returned to them or their beneficiaries.

The community offers stylish maintenance-free apartment homes, abundant amenities, hundreds of resident-run clubs and activities, three on-site restaurants, an on-site medical center, an all-season aquatics center, a library, a salon, and a fitness center. In addition to independent senior living, Lantern Hill offers assisted living, memory care, long-term nursing care, and sub-acute rehabilitation.

For more information, contact Lantern Hill at 1-844-440-7240.