Seniors & Aging
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SPECIAL ADVERTISING SECTION
James Harrington DIRECTOR OF BUSINESS DEVELEOPMENT BAYWOODS OF ANNAPOLIS What are the advantages of a continuing care retirement community that is a co-op? BayWoods of Annapolis is one of only two Maryland continuing care retirement communities that is a coop. Our ownership structure is distinctive: residents are cooperative owners of the property. And with that, they have a stake in the community. Since it is resident-owned and resident-run, their best interests are truly at the heart of every decision. They also appreciate tax advantages and equity ownership. Owners can pass shares on to their heirs. In the last few years, we have declared a fee holiday, offering residents a month with reduced or no fees. To my knowledge no other Maryland retirement community—of any kind—has offered this. Our for-profit housing co-op appeals to Baby Boomers who value ownership and want to be involved in the management of their community.
7101 Bay Front Drive Annapolis, MD 21403 443-837-1208 www.baywoodsofannapolis.com 242
JULY/AUGUST 2018 | BETHESDAMAGAZINE.COM
TONY J. LEWIS
What is your community’s personality? A diverse group of people with various backgrounds live here. They range in age from 64 to 99. Committed to wellness, our residents attend and participate in a variety of fitness events and opportunities, wellness lectures and activities. With 147 large independent living apartments and less than 200 residents, BayWoods of Annapolis feels warm and neighborly. In a prime Chesapeake Bay location, residents love their water views and close proximity to historic downtown Annapolis. Many walk the property’s 14 impeccably landscaped and wooded acres with direct views of the Chesapeake Bay. Being only 18 miles from BWI/Thurgood Marshall airport makes it convenient for out-of-town family and friends to come and visit, and they do, making life that much more lively. There is also a high level of medical security in this community, with a full continuum of onsite health care services that include short stay rehab and a 47bed health care center.