The Glenview at Pelican Bay is a not-for-profit cooperative, with residents as controlling shareholders and equity-holding members of the community. As equity owners in the community, our residents are entitled to appreciation in value. Unlike other luxury retirement communities where ownership returns to the property management, ownership of your residence remains with your estate. Equity ownership in a LifeCare retirement community affords extra value for the residents. It offers protection from long-term care costs, along with asset protection. As an equity owner, tax benefits accrue to the resident without the worries of maintaining a home.