The booming business of LGBT retirement communities
The 104-unit Triangle Square in Los Angeles offers yoga, acupuncture, and access to nearby theatersPhotograph by Elizabeth Weinberg for Bloomberg Businessweek
By
Mickey Rapkin
When David Webb, a real estate investor from the San Francisco Bay Area, and his longtime partner, Lynn McLaughlin, were looking to retire, they thought they’d give Naples, Fla., a try. “We were the token gay couple,” says Webb, 62. Invitations to dinner parties were frequent. But when a local country club refused them admission—not an isolated incident in the conservative enclave—it felt like discrimination. Webb finally said to his partner, “Enough already. Let’s live with our own.” The couple put a deposit down on a 2,000-square-foot home at Fountaingrove Lodge, an LGBT-friendly retirement community set to open this fall in Sonoma County, Calif.
Donald Dale Foley (left) runs Triangle Square’s movie night; Philip Radtke offers a cab service for other tenants
Photograph by Elizabeth Weinberg for Bloomberg Businessweek