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The Rewards, Challenges, and Opportunities for a CFO in Senior Living – Part I

A conversation with Diane Bridgewater, Executive Vice President/Chief Financial and Administrative Officer at LCS The senior living industry has and will continue to see tremendous growth. With it come many rewards, new opportunities, increasing complexities and financial pressures to overcome. Diane Bridgewater, executive vice president/chief financial and administrative officer at LCS® and recent recipient of … Continued

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» News Story

Senior Living Redevelopment: How to Remain Relevant and Profitable

By Bruce Cannon, VP/Director of Business Development at LCS and Earl Wade, VP/Senior Director of Business Development at LCS  The majority of senior living communities in the U.S. were developed in the 1980s and ‘90s. NIC data from 2016 shows 58% of properties have existed for 17+ years; many in the category are 25+ years old. … Continued

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» Blog, News Story

Senior Living Design Trends: What to Expect (and Avoid) in 2017

By Joel Bleeker, Director of Design at LCS Development If you’re looking to start a new development, expansion or redevelopment project in 2017 or beyond, pay attention to these 6 key design trends, approaches and tips from the team at LCS Development, An LCS® Company. The “Blank Canvas” Approach The mindset of today’s seniors and Boomers … Continued

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Senior Living Spotlight: Development News and Financial Trends

By Kent Larson, Executive VP/Director of Development at LCS Development Here are 3 financial factors for senior living operators to keep a close eye on, changes we expect on the road ahead, and why it’s important to act now on master planning and repositioning projects if your community is in need. Interest Rates Interest rates … Continued

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Thinking About Redeveloping Your Senior Living Community? Read This First.

By Ted MacBeth, VP/Director of Project Development at LCS Development With improving market conditions, lower interest rates and better access to capital, many senior living communities are finding the time is right to move forward with their redevelopment projects. While the economic downturn in 2008 caused many communities to delay repositioning for a few years, we’re … Continued

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» News Story

Top Considerations to Look For in a Senior Living Development Partner

By Bruce Cannon, VP/Director of Business Development at LCS Adaptable designs, resort-style or boutique amenities, community-centric spaces, technology integration, dining options. At LCS Development, An LCS® Company, we see a variety of trends with new senior living construction to meet the desires of today’s consumers and future generations. Whether it’s a new development, expansion or … Continued

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Two Houston-Area Senior Living Communities on Deck for Midwest Developer

Baby Boomers have senior housing, well, booming. Iowa-based developer LCS Development plans to ride the wave by developing two Houston-area communities. The Delaney at Parkway Lakes, near Katy, and The Delaney at South Shores Harbor in League City, are both expected to deliver in 2017, according to the Houston Business Journal. Click here to read the … Continued

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Upscale senior complex plans $34.7M expansion on Wornall

Kingswood Senior Living Community announced plans Wednesday to break ground on a $34.7 million redesign and expansion project in order to update, increase capacity and offer residents more options. The 77,000-square-foot redesign and expansion of its Life Plan Community (formerly known as a Continuing Care Retirement Community or CCRC) will increase the capacity — currently … Continued

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» Blog

LCS at LeadingAge

“I think people get satisfaction from living for a cause that’s greater than themselves.” -Daniel Pink At LCS, we measure greatness by how well we serve seniors. And we believe the best way to achieve that greatness is by working together with partners who have the same goal. That’s why we really enjoyed making new … Continued

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