Financial Strength You Can Count On
At Bella Vida, your future is supported by more than just a vibrant lifestyle and beautiful surroundings. Our community is backed by financial strength, stability and a history of excellence in senior living. Choosing Bella Vida means choosing peace of mind for the future. With expert partners, responsible ownership, and a legacy of resident-centered care, you can feel secure knowing your investment is protected by a community and a mission that you can trust.
Strength of Ownership
Bella Vida is owned and operated by Forefront Living, the same trusted organization behind Presbyterian Village North, The Outlook at Windhaven, Faith Presbyterian Hospice, and the T. Boone Pickens Hospice and Palliative Care Center.
Each entity is financially self-sustaining and united by a shared mission:
To make each moment matter for those we serve.
60-Year History:
A nonprofit organization with a legacy dating back to the early 1960s. Based in Dallas, Forefront Living fosters a culture of certainty through experienced, community-focused management.
Experienced Team:
Forefront Living is led by a seasoned executive team with more than 100 years of combined industry experience. In partnership with Greystone, a trusted Texas-based senior living development consultant, Bella Vida gains strategic insight that strengthens its financial and operational foundation.
Mission-Driven Governance:
A mission-driven volunteer board of trustees provides oversight made up of respected local leaders from a variety of industries who ensure Bella Vida remains mission-focused and financially sound.
Financial Stability You Can Trust
Bella Vida is structured for long-term financial health, backed by responsible planning and oversight:
Strong Reserves:
At stabilized occupancy, Bella Vida is projected to maintain approximately $41.6 million in cash reserves, equating to 885 days of cash on hand.
Debt Coverage:
Entrance fee revenue will generate income at 1.75 times our debt service, allowing Bella Vida to meet its financial obligations under the Residency Agreement.
Sound Financing:
Construction is funded through tax-exempt bonds, requiring adherence to strict financial, marketing and occupancy covenants.
Land Ownership:
The 26.5-acre property was purchased by Forefront Living in 2023, demonstrating a long-term commitment to the success of Bella Vida.
Regulation and Oversight
Bella Vida operates under the oversight of the Texas Department of Insurance, which requires annual filings of the community’s disclosure statement and ensures sound financial practices. Additional protections include:
Reservation Deposits:
Funds held in an escrow account at Frost Bank are fully refundable with interest at any time and for any reason if your plans change.
Entrance Fee Refunds:
Entrance fee refunds are paid in queue order, typically within 30 to 60 days following the resale of a like residence, in accordance with the Residency Agreement.
A History of Support:
Forefront Living has never failed to pay an entrance fee refund due or asked a resident to leave due to a lack of funds through no fault of their own.
A Community You Can Believe In
Bella Vida offers trusted ownership, financial strength, and regulatory oversight, making it more than just a beautiful place to live. With every detail meticulously planned and each decision made with integrity, Bella Vida enables you to embrace a beautiful life today while ensuring your future is secure and in experienced hands.
