Tennessee-based National Health Investors (NYSE: NHI) is executing on plans to sharpen its focus on continuing care retirement communities (CCRCs), eyeing heightened demand and improving market fundamentals to drive investments. In February, NHI finalized a previously announced $154.5 million loan commitment to both recapitalize and finance the expansion of an entry-fee CCRC in the greater … Continued
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As rates of construction continue to climb and new competitors enter the landscape, senior living development has become a game that providers must approach carefully in order to capture market share and ultimately drive revenue. For some of the industry’s experienced players, this means creating a game plan to differentiate their product and maintain a … Continued
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To set the tone for the future of LCS® and our Family of Companies, we recently developed a new theme/tagline: Together, We’re Greater. What does it mean? It means that when we combine our skills and expertise to your vision and plans, seniors benefit. One of the things we like best about our direction is … Continued
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DES MOINES, Iowa. August 20, 2015 — LCS Development™, An LCS® Company, successfully assisted Emerald Communities with closing the $145,055,000 bond financing for Heron’s Key, a not-for-profit continuing care retirement community in Gig Harbor, Washington. The closing milestone was reached ahead of the forecasted funding schedule, which was originally slated for late spring 2016. “We … Continued
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LCS invites you to step inside the culture of our company. Through the sampling of stories, we hope to share with you the depth of our commitment, the integrity of our word, and the standards we set for ourselves. It’s this conviction that helps us fulfill our promises to seniors—and deliver on the goals of … Continued
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A matter of principles. To LCS, our core principles aren’t a list of hopeful goals printed on a long-forgotten page. They are the promise we make to our residents, our partners, our employees—and ourselves. They guide our actions and define our direction. And they deepen our passion for serving seniors. LCS lives our principles, every … Continued
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At LCS we believe that when we work together, we’re greater. That’s why we are part of the new Health Services Leadership (HSL) program with Simpson College and five other leaders in the health services industry. This unprecedented partnership will help meet the exploding demand for health professionals in a variety of fields. The HSL … Continued
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At LCS® we believe that when we work together, we’re greater. That’s why we’re so excited about being in Boston on November 1 because it’s a chance to find partners who want to join us in making a difference. Our team has the experience and expertise to help you do everything from ground-up development to community repositioning … Continued
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Don’t miss this co-sponsored LCS and Senior Housing News Webinar: The Most Desired Design and Community Preferences of Residents on Thursday, November 19. Learn the interior design styles that match the opinions and preferences of seniors and their Baby Boomer adult children and how cutting-edge interior design can increase sales. Liz Bush, Senior Vice President … Continued
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“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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LCS and our Family of Companies recruit, hire, train, and develop individuals with a heart for seniors. Rick Exline, executive vice president and director of senior living management for the not-for-profit CCRC division, recently spoke to industry professionals at the annual LeadingAge conference. He describes our focus on employee engagement and the importance of keeping … Continued
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NEWS RELEASE LCS Finalizes Joint Venture with ROC Seniors DES MOINES, Iowa. Jan. 11, 2016 — LCS® and ROC Seniors formed a joint venture partnership to acquire Newcastle Place, a 257-unit Life Plan Community, formerly referred to as a Continuing Care Retirement Community (CCRC), in Mequon, Wis. The transaction closed December 14, 2015. The community … Continued
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LCS is proud to be the Great Minds Gala Visionary Sponsor. The gala, a fundraising event held in conjunction with LeadingAge’s PEAK Leadership Summit, was created to help improve the care offered to people with Alzheimer’s disease and the support options available for their caregivers. This year’s gala will honor Sanjay Gupta, CNN Senior Medical … Continued
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Joel Nelson, president and coo of LCS, attends the Sims 2016 Late Winter Conference this week. He will be a guest speaker presenting “Operating Across Platforms” to advance the discussion of why scale, systems and infrastructure matter. Joel will provide an overview of the diversified operating platform at LCS within its not-for-profit, for-profit and rental divisions, … Continued
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Ed Kenny, chairman and CEO at LCS, provided his perspective on the changes in the seniors housing and care industry this week at the 2016 NIC Spring Investment Forum in Dallas, Texas. Kenny participated as a panelist for the session, Provider Perspectives on the Changing Seniors Health Care Landscape, where he offered the following thoughts to … Continued
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Ed Kenny, chairman & CEO of LCS met with Senior Housing News (SHN) to discuss his leadership philosophy, growth at LCS, and why he’s optimistic about the future of senior living. Click here to read the full interview.
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In support of Alzheimer’s & Brain Awareness Month, LCS, one of the nation’s largest senior living companies kicks-off its Alzheimer’s speaker series on June 14, 2016, at Noon. The five-session series will take place in the Register Media Community Room located on the first floor of Capital Square in Des Moines, Iowa. Speaker topics will … Continued
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Thanks to everyone who attended our Alzheimer’s Speaker Series kick-off, My Life: The New Normal. A capacity crowd heard emotion-filled stories from two young women impacted by a loved one’s diagnosis with Alzheimer’s. Mikayla Askern, a 2016 high school graduate, shared the story of her best friend, her grandfather, and slowing losing him to the … Continued
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LCS® announced today that Life Care Companies, LLC and its joint venture partner HCP, Inc. (NYSE:HCP) emerged as the prevailing bidder for Glenmoor, a senior living community located in St. Augustine, Florida, at an auction held on June 2, 2016. Glenmoor is a not-for-profit Life Plan Community, also known as a Continuing Care Retirement Community … Continued
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…”Solidifying a relationship with a good operator, while difficult to accomplish, is necessary for long-term success. The operator is key to creating value in senior housing real estate,” Widmier said. “There are a shortage of really good operators that are known.”….read the full article in Senior Housing News.
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