designating or of a residential community or facility for elderly people that is designed to provide an apartment, meals, nursing care, etc. for the duration of the resident's life
See life-care in American Heritage Dictionary 4
also life·care(līfˈkârˌ)
noun
The provision of services for elderly people, including housing, health care, and social activities.
adjective also life-care(līfˈkârˌ)
Of or relating to life care: life care programs; life-care communities.