Senior Living Development News

By Lisa Hardy, President and CEO at Emerald Communities, and soon-to-open Heron’s Key in Gig Harbor, Washington and Jason Jorgenson, Senior Project Manager for LCS Development Whether it’s a new development, expansion, or repositioning of an existing community, demand for senior housing is healthy. Fueled by a strong economy, job growth, steady consumer confidence, and an … Continued

  By Curt Wagner, Project Development Manager at LCS Development and Steven Still, Executive Director of Marquette, a Life Plan Community in Indianapolis, Indiana More senior living providers are saying goodbye to semiprivate rooms in health centers, as today’s market is prompting a clear trend toward private rooms for skilled nursing and rehabilitation. Read about factors … Continued

A conversation with Diane Bridgewater, Executive Vice President/Chief Financial and Administrative Officer at LCS The financial world for senior living providers will see several significant changes in the coming year. In this second of a two-part series, Diane Bridgewater talks about hot button issues, changes, and impacts you may not be aware of, and tips … Continued

On Thursday, April 20, we held a webinar featuring a not-for-profit Life Plan Community located in Rancho Bernardo, California. Their current repositioning plans are creating opportunities to increase resident engagement and gain a competitive edge in a growing market. In partnership with LCS Development, strategic design is creating hubs of activity and driving more casual … Continued

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

By Earl Wade, VP/Senior Director of Business Development at LCS and Bruce Cannon, VP/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. If … Continued

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

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

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

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