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DES MOINES, Iowa. July 13, 2018— LCS announced today the company acquired Arbor Glen, a Life Plan Community, formerly referred to as a Continuing Care Retirement Community (CCRC) located in Bridgewater, New Jersey. At time of closing, the community’s name changed from Arbor Glen to Laurel Circle. LCS Real Estate facilitated the transaction and Life … Continued
DES MOINES, Iowa. July 2, 2018— LCS, the nation’s third largest senior housing operator, today announced the closing of the organization’s $300 million equity senior housing programmatic joint venture. LCS Real Estate will serve as sponsor of the joint venture (JV) and will partner with a large institutional investor to execute on the investment platform. Life … Continued
Employee engagement, company culture, staff retention, all are popular topics in our industry. What about resident engagement? Are there steps a community’s leadership can take today to ensure their community’s repositioning plans are creating opportunities to increase its social capital? There is not a one-size fits all solution. Read the case study of Casa de … Continued
Meet Joel Nelson, president and CEO of longtime senior housing owner and operator LCS. Nelson took the helm of Des Moines, Iowa-based LCS in January 2018, following a long tenure under former CEO Ed Kenny, who now serves as chairman of LCS’s board of directors. Nelson, who began his career in hospital administration, has been … Continued
Innovative, urban senior living community will be first-to-market in South Florida DES MOINES, Iowa. May, 16, 2018 — LCS and Ocean Land Investments today announced that the companies have reached an agreement to provide development consulting, marketing, and management services for Riverwalk Residences of Las Olas, South Florida’s newest, urban high-rise senior living community. LCS Development … Continued
On May 3, Capital Manor, the only non-profit Life Plan Community in Salem, Ore., hosted a groundbreaking ceremony signaling the kick-off of its five-phase expansion. The expansion plan includes improved parking, new memory care suites and independent living villas, additional dining venues, plus numerous amenity upgrades and improvements throughout its campus nestled into the hills … Continued
Aldersly Retirement Community, San Rafael, CA Often built well over two decades ago, many not-for-profit communities find themselves in dire need to either upgrade, renovate or even completely reposition themselves. Do you have a plan for staying competitive in your marketplace? There’s a lot of talk about strategic and master planning, but what is the … Continued
LCS Development®, An LCS Company, has been selected to develop and market the expansion of the Toby & Leon Cooperman Sinai Residences of Boca Raton, a not-for-profit, Life Plan Community in Boca Raton, Florida. Opened in 2016, Sinai Residences includes 234 independent living homes, 48 assisted living units, 24 memory care units, and 60 skilled … Continued
The Kingswood Senior Living Community in Kansas City, Missouri, has been around for over 35 years—and, until recently, that fact was painfully obvious to both residents and management. A couple of years ago, its occupancy was low—about 64%—and attracting new residents had begun to prove challenging, due at least in part to the community’s drab, … Continued
Timber Ridge at Talus, a Life Plan Community in Issaquah, Wash., was recently awarded Runner Up in the Continuing Care Retirement Community category. More than 80 senior living organizations nationwide recently competed for top honors in the 2017 Senior Housing News Architecture and Design Awards, a program that recognizes excellence in design by celebrating … Continued
