Floradude Posted June 25, 2018 Report Share Posted June 25, 2018 A friend of mine who lives in Abbeyfield told me Saturday that they were notified that Abbeyfield is closing. Apparently the reason is that Abbeyfield is not making money. She is beside herself looking for a place to live. What a shame if true. Abbeyfield has long been one of the premier places as a retirement home. 2 Quote Link to comment Share on other sites More sharing options...
ComputerGuy Posted June 25, 2018 Report Share Posted June 25, 2018 That is shocking, considering it has always been a very sought-after place to move into. Waiting lists, year after year. Could it have gone downhill that much, that quickly? Doesn't seem real. Quote Link to comment Share on other sites More sharing options...
bmh Posted June 25, 2018 Report Share Posted June 25, 2018 What a shame! I hope someone else will give it a try.. Quote Link to comment Share on other sites More sharing options...
RickS Posted June 25, 2018 Report Share Posted June 25, 2018 Someone is willing to pay a ton for that location maybe??? 1 Quote Link to comment Share on other sites More sharing options...
Wookie Posted June 25, 2018 Report Share Posted June 25, 2018 If I read the post correctly, they are not making enough profit. They are pretty reasonable on their prices so I wonder why they just haven't raised them as other things are going up as well. Quote Link to comment Share on other sites More sharing options...
Tiny Posted June 25, 2018 Report Share Posted June 25, 2018 45 minutes ago, ComputerGuy said: That is shocking, considering it has always been a very sought-after place to move into. Waiting lists, year after year. Could it have gone downhill that much, that quickly? Doesn't seem real. Maybe they are at a stage where up keep is eating into their profit. Too many people do not budget enough. Quote Link to comment Share on other sites More sharing options...
pappysmarket Posted June 25, 2018 Report Share Posted June 25, 2018 Who really knows but generally, a business does not fold because of lack of profit without at least trying to raise prices to see if their customer base is able to "come along" and keep everyone happy. If they haven't done that and failed at doing so, something else is involved. Rick made one astute guess. Problems with regulators might be another guess but in Mexico, probably not. There are ways around that usually. A "can't afford to say no" offer sounds high on the list of guesses. 1 Quote Link to comment Share on other sites More sharing options...
johanson Posted June 25, 2018 Report Share Posted June 25, 2018 Sorry to hear they are going out of business. I sure hope that somehow they are able to change their plans and stay open. I have only heard good things about them. And as I get older, one of these days, I will need a retirement facility and Abbeyfield would have been at the top of the list, base upon what others have said. (I have never been there) Quote Link to comment Share on other sites More sharing options...
ibbocat Posted June 25, 2018 Report Share Posted June 25, 2018 prime real estate location or am I being cynical? Quote Link to comment Share on other sites More sharing options...
Ellie Posted June 25, 2018 Report Share Posted June 25, 2018 Prime real estate location but there have been problems with a clean deed to that property from the beginning. I'll try to remember the details 'cause I don't believe that they were ever resolved - just like the old hotel Ricon del Gustavo on the lakefront at Pedro Moreno and Independencia. I"m a direct neighbor of both... vamos a ver. I'd be very cautious. Maybe 14-15 years ago the hotel was being landscaped and renovated, large signs for a literal horse and pony show... The new "owner", a lawyer from Guad, who I met supposedly paid two million dollars for the property. He was gone in record time and the caretakers are still there. As far as I know, the deed is still held in Mexico City. Quote Link to comment Share on other sites More sharing options...
cedros Posted June 25, 2018 Report Share Posted June 25, 2018 It has been sold. Who knows what it will become. Maybe a private residence. Quote Link to comment Share on other sites More sharing options...
Mainecoons Posted June 25, 2018 Report Share Posted June 25, 2018 2 minutes ago, cedros said: It has been sold. Who knows what it will become. Maybe a private residence. Which one? Old hotel or Abbeyfield? Quote Link to comment Share on other sites More sharing options...
Monessen Posted June 25, 2018 Report Share Posted June 25, 2018 It is a terrible shame. My sister lived there until she moved last month. I was on the Board. I am at a loss as to what happened and why. I was never asked about this development. Quote Link to comment Share on other sites More sharing options...
Al Berca Posted June 25, 2018 Report Share Posted June 25, 2018 Didn't Adrianna, local attorney, and her husband Kevin recently purchase Abbeyfield? Quote Link to comment Share on other sites More sharing options...
johanson Posted June 25, 2018 Report Share Posted June 25, 2018 At one time I understand the Kevin was a manager there, and that his wife Adrianna was also involved with or helped with the management of Abbeyfield. Quote Link to comment Share on other sites More sharing options...
cedros Posted June 25, 2018 Report Share Posted June 25, 2018 53 minutes ago, Mainecoons said: Which one? Old hotel or Abbeyfield? Abbeyfield Quote Link to comment Share on other sites More sharing options...
cedros Posted June 25, 2018 Report Share Posted June 25, 2018 48 minutes ago, Al Berca said: Didn't Adrianna, local attorney, and her husband Kevin recently purchase Abbeyfield? No. Kevin was the manager. Quote Link to comment Share on other sites More sharing options...
lakeside7 Posted June 25, 2018 Report Share Posted June 25, 2018 Saldy yes it is closing Sadly also many incorrect observations, and comments. For actual details and satisfy your curiosity please contact the President of the AC.... Luis Enrique, Notaia #2. 766-0190 1 2 2 Quote Link to comment Share on other sites More sharing options...
Mainecoons Posted June 25, 2018 Report Share Posted June 25, 2018 What is incorrect? Is it correct it has been sold? Quote Link to comment Share on other sites More sharing options...
cedros Posted June 25, 2018 Report Share Posted June 25, 2018 6 hours ago, Floradude said: A friend of mine who lives in Abbeyfield told me Saturday that they were notified that Abbeyfield is closing. Apparently the reason is that Abbeyfield is not making money. She is beside herself looking for a place to live. What a shame if true. Abbeyfield has long been one of the premier places as a retirement home. They have 6 months to find a place. Quote Link to comment Share on other sites More sharing options...
pappysmarket Posted June 25, 2018 Report Share Posted June 25, 2018 1 minute ago, cedros said: They have 6 months. They have 6 months for what? To vacate, improve the bottom line, hmmmm? Quote Link to comment Share on other sites More sharing options...
lakeside7 Posted June 25, 2018 Report Share Posted June 25, 2018 4 minutes ago, pappysmarket said: They have 6 months for what? To vacate, improve the bottom line, hmmmm? For actual details and satisfy your curiosity please contact the President of the AC.... Luis Enrique, Notaia #2. 766-0190 1 2 Quote Link to comment Share on other sites More sharing options...
RickS Posted June 25, 2018 Report Share Posted June 25, 2018 I’m betting that the “President” is definitely going to look forward to all us old NOB foggies calling him to ask about something that is just a Forum Buzz for 99.9% of us. 1 4 Quote Link to comment Share on other sites More sharing options...
pappysmarket Posted June 25, 2018 Report Share Posted June 25, 2018 8 minutes ago, lakeside7 said: For actual details and satisfy your curiosity please contact the President of the AC.... Luis Enrique, Notaia #2. 766-0190 Do you have a stuttering problem? I was asking cedros. Thanks cedros. Quote Link to comment Share on other sites More sharing options...
lakeside7 Posted June 25, 2018 Report Share Posted June 25, 2018 54 minutes ago, RickS said: I’m betting that the “President” is definitely going to look forward to all us old NOB foggies calling him to ask about something that is just a Forum Buzz for 99.9% of us. 53 minutes ago, pappysmarket said: Do you have a stuttering problem? I was asking cedros. Thanks cedros. He would prefer to set aside the speculation and provide you all with the facts...sorry if this is not the answer to want you want to hear 1 2 Quote Link to comment Share on other sites More sharing options...
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