What is Oak Hammock?
Oak Hammock is a non-profit university-based continuing care retirement community situated on a 136-acre campus in Gainesville, FL. It is designed to cater to motivated individuals seeking a vibrant retirement lifestyle, offering a comprehensive suite of resort-style amenities and intergenerational engagement opportunities. Through its association with the University of Florida, residents have access to intellectually stimulating classes and programs. The community provides a spectrum of care services, including independent living, assisted living, skilled nursing, and memory care, all within a pet-friendly environment that encourages outdoor activities.
How much funding has Oak Hammock raised?
Oak Hammock has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Oak Hammock
PPP
Public-Private Partnership
What's next for Oak Hammock?
The recent major strategic investment in Oak Hammock signals a period of potential expansion and enhancement of its existing facilities and programs. This capital infusion is likely to support the community's mission of reinvesting in its residents and furthering its association with the University of Florida. Future developments may focus on expanding service offerings, upgrading amenities, or increasing community outreach, solidifying its position as a leading retirement destination.
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