Who determines the monthly rent at the Bristal? —Bob
There are several factors figured in when we determine the rate at our communities. Location is one that weighs heavily because of taxes. As well as what the expenses will be to run our community. We also do competitive analysis of other Assisted Living communities in the area and base our rates on the quality and service The Bristal communities provide. I always say there are many choices out there as well as many rates. I compare it to how you choose your vacation hotel. You can stay at a Motel 6 or The Hilton.